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Stock impact report

OFG Bancorp (OFG) Q1 2026 Earnings Call Highlights: Strong Earnings Growth and Strategic ... [Yahoo! Finance]

OFG Bancorp (OFG) 
Last ofg bancorp earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Loan Growth: Loans grew 5% year over year; new loan production grew 9%. Core Deposits: Declined 1%; excluding a $500 million government deposit transfer, core deposits grew more than 4% year over year. Share Repurchase: $44.5 million of common shares repurchased. Dividend Increase: Dividend increased by 17%. Core Revenues: $186 million, approximately level with the previous quarter. Total Interest Income: $194 million, a decrease of $3 million. Total Interest Expense: $40 million, a decrease of $4 million. Noninterest Expense: $95 million, down $10.3 million from the fourth quarter. Income Tax: $14.9 million, with an effective tax rate of 21.60%. Tangible Book Value: $30.14 per share. Efficiency Ratio: Return on Average Assets: Return on Average Tangible Common Equity: Average Loan Balances: $8.2 billion, up $50 million from the fourth quarter. Loan Yield: 7.87%, up 14 basis points. New Loan Production: $609 million. Average Core Deposit Balances: $9.6 Show less Read more
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