OFG Bancorp posted Q2 2026 diluted EPS of $1.39, up 20.9% year over year; net income available to common shareholders rose 13.5% to $58.78 million.
Net interest income increased 3.5% to $157.3 million; net interest margin widened 14 basis points to 5.45%.
Provision for credit losses fell 40% to $13.01 million; net charge-offs climbed to $28.8 million (1.40% of average loans) from $12.8 million a year earlier.
Non-performing loans dropped to $67.3 million (0.81% of average loans) from $97.4 million; management cited sales of a telecom loan and a U.S. commercial loan.
Loans held-for-investment edged up to $8.3 billion; customer deposits increased to $9.74 billion, while CET1 capital ratio improved to 14.07%.
OFG•
