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OFG Bancorp (OFG)
NYSE:OFG
Earnings Data
Report Date
Apr 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1Last Year’s EPS
1Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong positives: solid EPS growth, record assets, loan and deposit growth, commercial book expansion, successful digital deposit product rollouts, improving customer acquisition (notably with younger customers), and continued capital returns via buybacks and dividends. Offsetting these positives were pressure points: loan yields and NIM are under compression due to rate cuts and a partial exit of a large government deposit (to be replaced with higher-cost wholesale funding), elevated quarterly provisions and net charge-offs driven in part by an idiosyncratic Puerto Rico telecommunications loan, discrete technology amortization charges, and a quarterly rise in non-interest expenses. Overall, the positive operating performance, strategic digital traction and capital generation materially outweigh the transitory and idiosyncratic credit and margin headwinds noted for 2026.Company Guidance
Strong EPS and Revenue Growth
Diluted EPS rose 17% year-over-year in the fourth quarter and increased 8.3% for fiscal 2025, supported by 2% linked-quarter growth in total core revenues and a 2.8% increase in total core revenues for the year.
Balance Sheet Expansion to Record Levels
Total assets grew 8.4% to a record $12.5 billion; loans grew 5.3% to $8.2 billion and core deposits increased 5% to $9.9 billion.
Commercial Loan Growth and Mix Shift
Commercial loans increased to $3.5 billion and now represent 43% of the loan book; new loan production rose 11.5% to $2.6 billion for the year.
Capital Return and Share Repurchases
Repurchased approximately $92 million of shares during 2025, including $40 million in the fourth quarter, and increased the dividend by 20%, reflecting continued capital generation.
Digital-First Strategy Driving Customer Growth
Successful rollout of Libre (mass market) and Elite (mass-affluent) accounts, omnichannel platform and treasury enhancements drove a 4% growth in retail customers and a 5% increase in commercial customers; 75% of Libre accounts were new customers with 40% of new Libre customers age 29 or younger.
Profitability and Capital Metrics
Tangible book value $29.96 per share; efficiency ratio 56.7%; return on average assets 1.81%; return on average tangible common equity 17.2%; CET1 ratio 13.97% and stockholders' equity $1.4 billion.
Net Interest Margin and Liquidity Position
Net interest margin for full-year 2025 was 5.27% (Q4 NIM 5.12%), within expectations; end-of-period cash increased 41% to $1.0 billion and borrowings used tactically for liquidity management.
Operational Efficiency Focus and Workforce Optimization
Management expects 2026 non-interest expense of $380–$385 million and highlighted workforce optimization (reduced FTEs) plus technology investments designed to produce growing efficiencies in 2027–2028.
OFG Earnings History
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 |
|---|---|---|---|
Jan 22, 2026 | $42.58 | $38.98 | -8.45% |
Oct 22, 2025 | $42.18 | $39.60 | -6.12% |
Jul 17, 2025 | $43.72 | $45.16 | +3.29% |
Apr 23, 2025 | $35.85 | $36.28 | +1.21% |
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 Apr 16, 2026, Before Open (Confirmed).
What is OFG Bancorp (OFG) earnings time?
OFG Bancorp (OFG) earnings time is at Apr 16, 2026, 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 2026 (Q1) is 1.