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0 -0.00132919805050942 -0.00155073105892779 -0.000110766504209026 -0.00631369073992017 -0.00620292423571115 -0.00808595480726617 -0.0139565795303499
Stock impact report

OFG Bancorp Q1 Earnings Call Highlights [Yahoo! Finance]

OFG Bancorp (OFG) 
Last ofg bancorp earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
improving credit metrics (net charge-off rate 1.05% and allowance coverage 2.48%). The bank updated full-year net interest margin guidance to 5.10%–5.20% , saying the outlook assumes no further rate cuts and incorporates the expected exit of a remaining government deposit (management cited about $600 million ), creating timing uncertainty for NIM. Management increased shareholder returns—repurchasing $44.5 million of stock and raising the dividend —while accelerating digital adoption and targeted deposit products (Libre, Elite, MyBiz) to grow retail and commercial deposits. Interested in OFG Bancorp? Here are five stocks we like better. OFG Bancorp (NYSE:OFG) reported what management described as a strong start to 2026, highlighted by year-over-year earnings growth, continued loan expansion, and improving credit performance across its retail portfolios. On the company's first-quarter earnings call, CEO and Chairman José Rafael Fernández pointed to “strong financial performance Show less Read more
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