OFG Bancorp Files 8-K on Financial Results & Operations

Ticker: OFG · Form: 8-K · Filed: Jan 24, 2024 · CIK: 1030469

Complexity: simple

Sentiment: neutral

Topics: financial-results, operations, 8-K

TL;DR

**OFG Bancorp just dropped an 8-K on its financials, time to check the numbers!**

AI Summary

OFG Bancorp filed an 8-K on January 24, 2024, to report its financial results and operations. This filing indicates that the company, based in San Juan, Puerto Rico, is providing an update on its financial health. For investors, this matters because it offers a transparent look into the company's performance, which can influence stock price and future investment decisions.

Why It Matters

This filing provides current financial information, allowing investors to assess OFG Bancorp's performance and make informed decisions about buying, holding, or selling its stock.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any immediate new risks.

Analyst Insight

A smart investor would review the detailed financial statements and results of operations that will be attached to this 8-K to understand OFG Bancorp's current financial health and performance trends before making any investment decisions.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by OFG Bancorp?

The primary purpose of this 8-K filing by OFG Bancorp, dated January 24, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the Item Information section.

Where are OFG Bancorp's principal executive offices located?

OFG Bancorp's principal executive offices are located at Oriental Center, 15th Floor, 254 Munoz Rivera Avenue, San Juan, Puerto Rico 00918, as stated in the filing.

What is the trading symbol and exchange for OFG Bancorp's common shares?

The trading symbol for OFG Bancorp's common shares, par value $1.00 per share, is 'OFG' and they are registered on the New York Stock Exchange, according to the 'Securities registered pursuant to Section 12(b) of the Act' section.

What is the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing is January 24, 2024, as explicitly stated under 'Date of report (Date of earliest event reported): January 24, 2024'.

Is OFG Bancorp considered an emerging growth company according to this filing?

The filing indicates that OFG Bancorp is NOT an emerging growth company, as the box 'Indicate by check mark whether the registrant is an emerging growth company...' is not checked.

Filing Stats: 424 words · 2 min read · ~1 pages · Grade level 11.9 · Accepted 2024-01-24 08:35:27

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On January 24, 2024, OFG Bancorp (the "Company") announced the results for the quarter ended December 31, 2023. A copy of the Company's press release is attached as an exhibit to this report.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Document 99 Press release by the Company dated January 24, 2024

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OFG BANCORP Date: January 24, 2024 By: /s/ Maritza Arizmendi Maritza Arizmendi Chief Financial Officer

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