OFG reported FY 2025 net income available to common shareholders of USD 205.1 million and diluted EPS of USD 4.58 (basic EPS: USD 4.60). Total core revenues were USD 729.8 million and net interest income was USD 608.5 million, while provision for credit losses was USD 107.5 million. Non-interest income was USD 123.0 million and non-interest expenses were USD 389.8 million, with income tax expense of USD 29.0 million (effective tax rate: 12.4%). Performance ratios for FY 2025 included ROA of 1.70%, ROE of 15.29%, and an efficiency ratio of 53.41%; net interest margin was 5.27%. For Q4 2025, OFG posted diluted EPS of USD 1.27 and total core revenues of USD 185.4 million. Q4 net interest margin was 5.12% and the efficiency ratio was 56.65%. Q4 provision for credit losses was USD 31.9 million, including USD 5.1 million for a specific reserve on a Puerto Rico telecommunications commercial loan; Q4 net charge-offs were USD 26.9 million (1.32% of average loans). Q4 income tax was a benefit of USD 8.5 million, reflecting USD 16.8 million in discrete tax benefits, including USD 12.9 million from the expiration of a tax agreement related to the 2019 Scotiabank Puerto Rico and USVI acquisition and USD 3.9 million from a release of valuation allowance on deferred tax assets at the holding company level. OFG ended FY 2025 with total assets of USD 12.466 billion, loans (net) of USD 8.014 billion, and deposits and accrued interest payable of USD 10.263 billion; CET1 was 13.97% and tangible book value per share was USD 29.96. The company repurchased 2,253,819 shares in FY 2025 for USD 91.6 million under its existing repurchase programs, and declared FY 2025 cash dividends of USD 1.20 per share (USD 53.5 million). Corporate updates included a January 2025 board-approved increase in the regular quarterly dividend to USD 0.30 per share beginning in the quarter ended March 31, 2025, and an April 2025 board-approved new USD 100 million open-ended stock repurchase program; OFG also announced forthcoming 2026 capital actions, including raising the regular quarterly dividend to USD 0.35 per share beginning in the quarter ending March 31, 2026 and authorizing a new USD 200 million open-ended repurchase program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OFG Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001030469-26-000008), on February 25, 2026, and is solely responsible for the information contained therein.