The earnings call reflected a generally positive sentiment with strong growth in assets, loans, and digital platform engagement. Despite some concerns regarding loan yields and noninterest expenses, the company's strategic initiatives and stock buyback program highlight confidence in future growth.

Company Guidance

In the second quarter of fiscal year 2025, OFG Bancorp reported strong financial performance, with record assets exceeding $12 billion and record loans surpassing $8 billion. The company achieved a 6.5% year-over-year increase in earnings per share, diluted to $1.15, driven by a 1.5% rise in total core revenue. The company maintained a high return on average assets and equity, supported by robust loan origination and core deposit flows. A new $100 million stock buyback authorization was announced, reflecting strong capital generation. Digital-first strategies led to substantial growth in digital channels, with 70% of retail loan payments made digitally, alongside a 4% net customer growth. Core revenues reached $182 million, with total interest income at $194 million and total interest expense at $42 million. The company sustained a net interest margin of 5.31%, and credit quality remained stable with net charge-offs totaling $13 million, down significantly from the previous quarter. The tangible book value per share was $27.67, with an efficiency ratio of 52%, a return on average assets of 1.73%, and a return on average tangible common equity of 17%.

Record Assets and Loans

OFG Bancorp achieved record assets of more than $12 billion and record loans exceeding $8 billion, reflecting strong financial performance.

Earnings and Revenue Growth

Earnings per share increased by 6.5% year-over-year, supported by a 1.5% increase in total core revenue.

Strong Loan Origination

New loan origination reached $784 million, marking a 38% increase from the first quarter and 33% from the previous year.

Digital Platform Success

OFG Bancorp's digital platform saw significant growth, with 4% new net customer growth and increased digital transactions.

Stock Buyback Authorization

A new $100 million stock buyback was authorized, supported by strong capital generation and balance sheet.

OFG Bancorp (OFG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

OFG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 15, 2025	2025 (Q3)	1.16 / -	1	―	―	―
Jul 17, 2025	2025 (Q2)	1.05 / 1.15	1.08	6.48% (+0.07)
Apr 23, 2025	2025 (Q1)	0.97 / 1.00	1.05	-4.76% (-0.05)
Jan 22, 2025	2024 (Q4)	0.96 / 1.09	0.98	11.22% (+0.11)
Oct 16, 2024	2024 (Q3)	1.02 / 1.00	0.95	5.26% (+0.05)
Jul 18, 2024	2024 (Q2)	0.96 / 1.08	0.93	16.13% (+0.15)
Apr 18, 2024	2024 (Q1)	0.95 / 1.05	0.96	9.38% (+0.09)
Jan 24, 2024	2023 (Q4)	0.93 / 0.98	0.97	1.03% (+0.01)
Oct 20, 2023	2023 (Q3)	0.95 / 0.95	0.87	9.20% (+0.08)
Jul 20, 2023	2023 (Q2)	0.88 / 0.93	0.84	10.71% (+0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

OFG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 17, 2025	$44.02	$45.47	+3.29%
Apr 23, 2025	$36.10	$36.53	+1.19%
Jan 22, 2025	$44.10	$43.47	-1.43%
Oct 16, 2024	$43.96	$40.52	-7.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does OFG Bancorp (OFG) report earnings?

OFG Bancorp (OFG) is schdueled to report earning on Oct 15, 2025, Before Open (Confirmed).

What is OFG Bancorp (OFG) earnings time?

OFG Bancorp (OFG) earnings time is at Oct 15, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is OFG EPS forecast?

OFG EPS forecast for the fiscal quarter 2025 (Q3) is 1.16.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing