OFG Bancorp Reports Record Q2 Results

OFG Bancorp(NYSE:OFG) reported its Q2 2025 results on July 17, with assets exceeding $12.2 billion and loans topping $8.2 billion, driving a 6.5% year-over-year increase in diluted EPS to $1.15. The company raised its guidance for full-year loan growth to nearly 6%, initiated a new $100 million share buyback, and maintained a CET1 ratio of 13.99%, while net interest margin settled at 5.31% due to proactive liquidity management. New net customer growth reached 4%, supported by increased digital engagement and the rollout of new online products like Oriental Marketplace and a U.S. government money market fund. Nearly all routine retail teller transactions and 70% of loan payments occurred through digital and self-service channels, demonstrating tangible customer migration to lower-cost, scalable delivery methods.This accelerated digital transformation enhances efficiency and supports account growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool