OFG Bancorp 4Q24 diluted EPS rises to $1.09 from $1.00 on higher core revenues
OFG Bancorp reported fourth-quarter 2024 results, with diluted EPS of $1.09 versus $1.00 in the third quarter and $0.98 in the fourth quarter of 2023. Total core revenues were $181.9 million, up from $174.1 million in the third quarter, and full-year 2024 diluted EPS was $4.23 versus $3.83 in 2023. For shareholders, both quarterly and annual earnings and revenue measures improved, though provision for credit losses and non-interest expense both rose from the prior quarter.
Key points
- 4Q24 diluted EPS was $1.09, compared with $1.00 in 3Q24 and $0.98 in 4Q23.
- Total core revenues were $181.9 million in 4Q24, compared with $174.1 million in 3Q24 and $175.6 million in 4Q23.
- Total provision for credit losses was $30.2 million in 4Q24, compared with $21.4 million in 3Q24.
- Common shares worth $45.9 million were repurchased in 4Q24, leaving $29.7 million in repurchase authorization as of December 31, 2024.
The filing
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 22, 2025.
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.