AI brief of an SEC Form 8-K · OFG Bancorp (OFG)

OFG Bancorp posts 4Q23 diluted EPS of $0.98, up from $0.95 in 3Q23

Positive Impact 3 of 5 earnings Written later

OFG Bancorp reported fourth-quarter 2023 results, with diluted earnings per share of $0.98 compared with $0.95 in the prior quarter and $0.97 a year earlier. Total core revenues rose to $175.6 million from $172.2 million in 3Q23 and $168.3 million in 4Q22, and full-year 2023 diluted EPS was $3.83 versus $3.44 in 2022. The filing contains results only and gives no guidance for future periods.

Key points

  • 4Q23 diluted EPS $0.98 vs. $0.95 in 3Q23 and $0.97 in 4Q22
  • 4Q23 total core revenues $175.6 million vs. $172.2 million in 3Q23
  • Full-year 2023 diluted EPS $3.83 vs. $3.44 in 2022; total core revenues $682.7 million vs. $607.8 million
  • 4Q23 included a $6.3 million pre-tax gain on sale of non-performing loans and $3.2 million in severance and lease cancellation costs

The filing

CompanyOFG Bancorp (OFG)
Form8-K, current report
Filed with the SECJan 24, 2024, 8:35 AM ET
Accession number0001030469-24-000004

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 24, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.