Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · OFG Bancorp (OFG)

OFG Bancorp Q2 diluted EPS rises to $1.08 from $0.93 a year earlier

Positive Impact 3 of 5 earnings Written later

OFG Bancorp reported second-quarter 2024 results for the period ended June 30, 2024, with diluted earnings per share of $1.08, up from $1.05 in the first quarter and $0.93 a year earlier. Total core revenues were $179.4 million, compared with $174.2 million in the first quarter and $170.5 million a year earlier, so both headline profit and revenue measures improved.

Key points

  • Diluted EPS of $1.08, versus $1.05 in 1Q24 and $0.93 in 2Q23
  • Total core revenues of $179.4 million, versus $174.2 million in 1Q24 and $170.5 million in 2Q23
  • Net charge-offs of $15.0 million, down from $19.8 million in 1Q24; the company bought $24.3 million of its shares under a $50 million buyback program

The filing

CompanyOFG Bancorp (OFG)
Form8-K, current report
Filed with the SECJul 18, 2024, 9:23 AM ET
Accession number0001030469-24-000028

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing 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 July 18, 2024.

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