# OFG Bancorp Q3 2026 Earnings Results

> OFG Bancorp reports 14.7% EPS growth with commercial loan expansion and digital banking gains.
- Title: OFG Bancorp Q3 2026 Earnings Results · The Motley Fool
- Summary: OFG Bancorp reports 14.7% EPS growth with commercial loan expansion and digital banking gains. OFG Bancorp's Q3 2026 earnings show 14.7% year-over-year EPS…
- Keywords: ofg bancorp, q3 2026, earnings call, commercial loans, digital banking, puerto rico economy, share repurchases, net interest margin, finance, money, OFG, Bancorp
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/21/ofg-bancorp-ofg-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-21T18:37:40+00:00
- Read time: 1 min
- Topics: ofg bancorp, q3 2026, earnings call, commercial loans, digital banking, puerto rico economy, share repurchases, net interest margin, finance, money
## Q3 2026 Results
OFG Bancorp reported diluted EPS of $1.33, a 14.7% year-over-year increase.
## Commercial Loan Growth
Loans held for investment grew 1.8% sequentially to $8.45 billion.
## Digital Banking Expansion
Active digital users grew 24% year-over-year with AI-powered insights.
## Net Interest Margin
Net interest margin declined to 5.2% from 5.5% in Q2 due to higher deposit costs.
## Share Repurchases
Company repurchased $13.5 million of common shares during Q3.
## Puerto Rico Economy
Puerto Rico economy remains stable with low unemployment and private investment growth.
## Credit Performance
Net charge-off rate decreased to 0.70% from 1.40% in Q2.
## Auto Delinquency
Auto delinquency rates increased seasonally but not due to credit deterioration.
## Commercial Pipeline
Company reported strong commercial pipeline for 2026 with banner year in Puerto Rico.
## Deposit Mix Shift
Customer deposits shifted toward time deposits as interest rates rose.
## Q4 Guidance
Expected low single-digit loan growth with commercial offsetting auto declines.
## NIM Outlook
Net interest margin expected to remain near 5.25% for 2026.
## Provision Guidance
Provision for credit losses expected to be $18 million to $20 million quarterly.
## Digital Insights
Delivered over 1.5 million AI-enabled Smart Banking Insights monthly with 90% positive feedback.
## Capital Strength
Common Equity Tier 1 ratio maintained at 14.1% despite market adjustments.
## Q4 Outlook
Company expects continued commercial growth with stable auto lending.
## Key takeaway

OFG Bancorp's Q3 2026 earnings show 14.7% year-over-year EPS increase driven by commercial loan growth and digital banking adoption.