OFG Bancorp, the financial holding company for Oriental Bank, has reported its financial results for the second quarter ending June 30, 2025. The company achieved an earnings per share $(EPS)$ of $1.15, marking an increase from $1.00 in the first quarter of 2025 and $1.08 in the second quarter of 2024. Total core revenues rose to $182.2 million, up from $178.3 million in the previous quarter and $179.4 million in the same quarter last year. The company experienced a growth in loans held for investment, reaching $8.18 billion, compared to $7.85 billion in the first quarter of 2025 and $7.64 billion in the second quarter of 2024. This represents a 4.2% sequential increase and a 7.08% year-over-year increase, attributed to OFG's strategy of expanding commercial lending. New loan production also saw a significant rise to $783.7 million from $558.9 million in the first quarter and $589.0 million in the second quarter of the previous year, with increases observed across all lending channels in both Puerto Rico and the U.S. The total non-interest expense for the quarter was $94.8 million, slightly up from $93.5 million in the previous quarter and $93.0 million in the same quarter last year. The second quarter benefited from $1.4 million lower payroll taxes and foreclosed real estate costs compared to the first quarter. Income tax expense amounted to $14.1 million, with an effective tax rate of 21.37% for the quarter. CEO José Rafael Fernández highlighted the strong operating performance and stable economic conditions in Puerto Rico, contributing to the company's financial results for the quarter.