OFG Bancorp Reports 3Q26 Results
Key Highlights
- ➤OFG Bancorp Q3 diluted EPS was $1.33, up 14.7% YoY from $1.16
- ➤Total core revenues reached $185.7 million, up 1.0% YoY
- ➤Loans held for investment rose 4.1% YoY to $8.45 billion
- ➤OFG repurchased $13.5 million of common shares during the quarter
Expert Statements
José Rafael Fernández, Chief Executive Officer of OFG Bancorp
“We delivered another strong quarter, with year-over-year increases of 14.7% in EPS and 1.0% in core revenues. Our results reflect continued momentum in commercial loan growth, stable credit quality and core deposit balances, disciplined expense management, and healthy profitability. We also repurchased $13.5 million of common shares, reinforcing our commitment to creating long-term shareholder value.”
José Rafael Fernández, Chief Executive Officer of OFG Bancorp
“At the same time, we continue advancing our digital bank with a human touch strategy. Customers are embracing Oriental’s digital tools and value-added services while our Libre+, Elite, and My Biz accounts are attracting new clients and helping our bankers deepen existing relationships.”
José Rafael Fernández, Chief Executive Officer of OFG Bancorp
“Puerto Rico’s economy remains stable, supported by a healthy labor market and ongoing expansion by local and mainland businesses.”
OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2026. EPS diluted of $1.33 compared to $1.39 in 2Q26 and $1.16 in 3Q25. Total core revenues of $185.7 million compared to $190.3 million in 2Q26 and $184.0 million in 3Q25.
José Rafael Fernández, Chief Executive Officer, said: “We delivered another strong quarter, with year-over-year increases of 14.7% in EPS and 1.0% in core revenues. Our results reflect continued momentum in commercial loan growth, stable credit quality and core deposit balances, disciplined expense management, and healthy profitability. We also repurchased $13.5 million of common shares, reinforcing our commitment to creating long-term shareholder value.”
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