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What is OFG's latest dividend and current dividend yield?

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What is the revenue and EPS growth rate for OFG year over year?

What guidance did OFG's management provide for the next earnings period?

- **Revenue Growth**: 5.6% core revenue increase, driven by commercial loans and digital adoption.
- **AI Innovation**: 17% YoY growth in Libre accounts, 14% deposit growth, and 93% customer satisfaction with AI insights.
- **NIM Guidance**: Q4 NIM expected 5.10-5.20%, reflecting Fed rate cuts and deposit cost trends.
- **Loan Growth**: 5-6% annual target, supported by strong commercial pipeline.
- **Buyback Activity**: $20.4M Q3 repurchases, with more active buying in Q4 and 2026.

**【CEO Summary Section】**
- **Strong Q3 Results**: Diluted EPS of $1.16, up 16% YoY, with 5.6% core revenue growth. Loans and deposits increased, driven by commercial lending.
- **Digital Strategy Success**: 8% YoY growth in digital enrollment, 5% in loan payments, and 25% in virtual teller usage. New accounts grew 4.6%.
- **AI-Driven Innovation**: Libre and Elite accounts attract deposits, with 17% YoY new Libre customers and 14% related deposit growth. AI provides 9 monthly insights per account, 93% customer approval.
- **Market Share Expansion**: Retail deposit market share rising, supported by unique product offerings and AI tools.

**【CFO Financial Commentary】**
- **Core Revenues**: $184M, driven by $200M interest income (up $6M) and $2.2M other income from fintech investments.
- **Net Interest Margin (NIM)**: 5.24% (down 7bps) due to higher deposit costs. Q4 NIM guidance: 5.10-5.20%.
- **Expenses**: $96.5M (+1.7%) due to $1.1M tech investment and $1M marketing. Efficiency ratio 52%.
- **Credit Quality**: Stable with $28.3M provision (up $7M). Net charge-offs $20M (1% rate), up 36bps QoQ but improved YoY.
- **Capital Management**: $20.4M share buyback. CET1 ratio 14.13%, tangible common equity 10.55%.

**【Q&A Highlights】**
- **Deposit Cost Dynamics**: Elite account strategy drives 1.5% avg. savings rate, balancing short-term cost with long-term customer deepening.
- **Commercial Loan Growth**: Solid pipeline despite Q3 paydowns. 2026 originations expected to offset seasonal fluctuations.
- **Auto Loan Moderation**: Origination decline aligns with expectations, with stable credit quality.
- **Fed Rate Impact**: 25bps cut in Q3, 50bps modeled for Q4, pressuring NIM but offset by loan growth.
- **AI Efficiency**: Early-stage tech investments starting to yield operational savings.
- **Buyback Outlook**: Active repurchases in Q4 and 2026, supported by strong capital and earnings momentum.
- **Onshoring Benefits**: 10+ multinationals investing in Puerto Rico, driving jobs and economic growth.

OFG Bancorp (OFG) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

OFG

OFG fundamentals

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