{"schema":"rootz.ai/filing-signals/v1","query":{"ticker":"OFG","limit":50},"count":50,"signals":[{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":20,"context":"the resignation is not accepted, will disclose the reasons therefore to our shareholders.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Set forth below is certain information","filed_date":"2026-03-03","accession":"0001030469-26-000016","full_text":"https://origin.rootz.global/static/filing/0001030469-26-000016.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":82,"context":"our borrowers and depositors, potentially leading to increased credit risk, reduced loan demand, and an overall weakening of the financial environment in which we operate. These factors could have a material adverse effect on our financial condition and results of operations. Potential adverse effects of political changes may disrupt the economic recovery process in Puerto Rico. Changes in political administrations in","filed_date":"2026-02-25","accession":"0001030469-26-000008","full_text":"https://origin.rootz.global/static/filing/0001030469-26-000008.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":12,"context":"450, it is the opinion of OFGs management, based on current knowledge and after taking into account its current legal accruals, that the eventual outcome of all matters would not be likely to have a material adverse effect on the consolidated statements of financial condition of OFG. Nonetheless, given the substantial or indeterminate amounts sought in certain of these matters, and the inherent unpredictability of such","filed_date":"2025-05-08","accession":"0001030469-25-000019","full_text":"https://origin.rootz.global/static/filing/0001030469-25-000019.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":21,"context":"as appointed to the Audit Committee and the Corporate Governance and Nominating Committee. There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Set forth below is certain information","filed_date":"2025-03-19","accession":"0001030469-25-000009","full_text":"https://origin.rootz.global/static/filing/0001030469-25-000009.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":78,"context":"our borrowers and depositors, potentially leading to increased credit risk, reduced loan demand, and an overall weakening of the financial environment in which we operate. These factors could have a material adverse effect on our financial condition and results of operations. Potential adverse effects of political changes may disrupt the economic recovery process in Puerto Rico. Changes in political administrations in","filed_date":"2025-02-27","accession":"0001030469-25-000007","full_text":"https://origin.rootz.global/static/filing/0001030469-25-000007.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":23,"context":"ter the annual meeting of shareholders. Mr. Fernndez has served on our Board of Directors for 20 years and as Vice Chairperson for 14 years. As part of that succession plan, Mr. Nstor de Jess will be appointed as the Lead Independent Director. Mr. Nstor de Jess has served on the Board for 8 years and as Chairperson of the Board's Risk and Compliance Committee for 7 years.  Our bylaws provide that directors in uncontested elections will be","filed_date":"2024-03-26","accession":"0001030469-24-000010","full_text":"https://origin.rootz.global/static/filing/0001030469-24-000010.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":79,"context":"sian Federation against Ukraine that began in early 2022 and the armed conflict in Israel as a result of a terrorist attack by Hamas in late 2023, have negatively impacted and will continue to have a significant negative impact on the global and United States economies. This uncertainty has resulted in considerable volatility in the financial and commodity markets, including through significant increases in the price of oil","filed_date":"2024-02-26","accession":"0001030469-24-000007","full_text":"https://origin.rootz.global/static/filing/0001030469-24-000007.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":26,"context":"the resignation is not accepted, will disclose the reasons therefore to our shareholders.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director.No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Set forth below is certain information w","filed_date":"2023-03-16","accession":"0001564590-23-003796","full_text":"https://origin.rootz.global/static/filing/0001564590-23-003796.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":32,"context":"opolitical and macroeconomic uncertainty, including the military actions taken by the Russian Federation against Ukraine that began in early 2022, have negatively impacted and will continue to have a significant negative impact on the global and United States economies. This uncertainty has resulted in considerable volatility in the financial and commodity markets, including through significant increases in the price of oil","filed_date":"2023-02-24","accession":"0001030469-23-000010","full_text":"https://origin.rootz.global/static/filing/0001030469-23-000010.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":19,"context":"the resignation is not accepted, will disclose the reasons therefore to our shareholders.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Set forth below is certain information","filed_date":"2022-03-16","accession":"0001564590-22-010568","full_text":"https://origin.rootz.global/static/filing/0001564590-22-010568.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":27,"context":"for loan losses in connection therewith. Such provision may significantly impact our earnings. Heightened credit risk could require us to increase our provision for credit losses, which could have a material adverse effect on our results of operations and financial condition. Making loans is an essential element of our business, and there is a risk that the loans will not be repaid. This default risk is affected by a n","filed_date":"2022-02-25","accession":"0001030469-22-000015","full_text":"https://origin.rootz.global/static/filing/0001030469-22-000015.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":21,"context":"the resignation is not accepted, will disclose the reasons therefore to our shareholders.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). 4 Set forth below is certain informatio","filed_date":"2021-03-16","accession":"0001564590-21-013532","full_text":"https://origin.rootz.global/static/filing/0001564590-21-013532.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":100,"match_count":13,"context":"demic. Fourth quarter of 2020: Increased Earnings & Revenues: Earnings per share (EPS) diluted of $0.42 compared to a loss of $0.05 in the fourth quarter of 2019. Results reflected pre-tax merger and restructuring charges of $10.1 million compared to $21.5 million and total core revenues were $132.8 million compared to $98.4 million in such quarter. Net interest income of $98.7 million increased by 24.7% and non-inter","filed_date":"2021-02-26","accession":"0001030469-21-000009","full_text":"https://origin.rootz.global/static/filing/0001030469-21-000009.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":17,"context":"for loan losses in connection therewith. Such provision may significantly impact our earnings. Heightened credit risk could require us to increase our provision for credit losses, which could have a material adverse effect on our results of operations and financial condition.  Making loans is an essential element of our business, and there is a risk that the loans will not be repaid. This default risk is affected by a","filed_date":"2021-02-26","accession":"0001030469-21-000009","full_text":"https://origin.rootz.global/static/filing/0001030469-21-000009.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":100,"match_count":14,"context":"3 | | | 2,556 | | | Printing, postage, stationary and supplies | | 1,094 | | | 672 | | | 2,767 | | | 1,885 | | | Director and investor relations | | 302 | | | 374 | | | 928 | | | 934 | | | Merger and restructuring charges | | 2,681 | | | 1,556 | | | 5,991 | | | 2,556 | | | Pandemic expenses | | 2,090 | | | - | | | 4,266 | | | - | | | Other | | 3,465 | | | 663 | | | 11,906 | | | 5,325 | | | Total non-interest expense |","filed_date":"2020-11-06","accession":"0001030469-20-000035","full_text":"https://origin.rootz.global/static/filing/0001030469-20-000035.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":100,"match_count":14,"context":"876 | | | 1,599 | | | Printing, postage, stationary and supplies | | 951 | | | 636 | | | 1,673 | | | 1,214 | | | Director and investor relations | | 316 | | | 330 | | | 626 | | | 560 | | | Merger and restructuring charges | | 3,006 | | | 1,000 | | | 3,310 | | | 1,000 | | | Other | | 7,048 | | | 2,008 | | | 10,618 | | | 4,661 | | | Total non-interest expense | | 85,481 | | | 51,452 | | | 172,803 | | | 103,604 | | | Inc","filed_date":"2020-08-07","accession":"0001030469-20-000027","full_text":"https://origin.rootz.global/static/filing/0001030469-20-000027.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":25,"context":"the resignation is not accepted, will disclose the reasons therefore to our shareholders.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Set forth below is certain information","filed_date":"2020-03-11","accession":"0001564590-20-010095","full_text":"https://origin.rootz.global/static/filing/0001564590-20-010095.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":18,"context":"n losses in connection therewith. Such provision may significantly impact our earnings. ** ** **Heightened credit risk could require us to increase our provision for credit losses, which could have a material adverse effect on our results of operations and financial condition.** Making loans is an essential element of our business, and there is a risk that the loans will not be repaid. This default risk is affected by a","filed_date":"2020-03-03","accession":"0001030469-20-000010","full_text":"https://origin.rootz.global/static/filing/0001030469-20-000010.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":34,"context":"by or with any Governmental Authority.  Lien means any charge, mortgage, pledge, security interest, lien, easement or other similar encumbrance.  Losses has the meaning set forth in Section 6.02(a).  Material Adverse Effect means, as the case may be, any event, change, development, occurrence, or effect that:  (a) is material and adverse to the business, assets or condition (financial or otherwise) of the Bank Entities,","filed_date":"2019-07-02","accession":"0001193125-19-188257","full_text":"https://origin.rootz.global/static/filing/0001193125-19-188257.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":22,"context":"the resignation is not accepted, will disclose the reasons therefore to our shareholders.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Set forth below is certain information","filed_date":"2019-03-14","accession":"0001564590-19-007597","full_text":"https://origin.rootz.global/static/filing/0001564590-19-007597.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":22,"context":"nes. Hurricane Irma and Maria caused extensive destruction in Puerto Rico, disrupting the primary market in which Oriental does business. The damage caused by the hurricanes was substantial and had a material adverse impact on economic activity in Puerto Rico. The Commonwealths fiscal and economic crisis prompted the U.S. Congress to enact the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) in Jun","filed_date":"2019-03-08","accession":"0001562762-19-000078","full_text":"https://origin.rootz.global/static/filing/0001562762-19-000078.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":29,"context":"the 2018 annual meeting, there will not be any vacancies on the Board after the meeting.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin).  Mr. Julian S. Incln has been nominated","filed_date":"2018-03-15","accession":"0001193125-18-083502","full_text":"https://origin.rootz.global/static/filing/0001193125-18-083502.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":20,"context":"n losses in connection therewith. Such provision may significantly impact our earnings. ** ** **Heightened credit risk could require us to increase our provision for credit losses, which could have a material adverse effect on our results of operations and financial condition.** Making loans is an essential element of our business, and there is a risk that the loans will not be repaid. This default risk is affected by a","filed_date":"2018-03-13","accession":"0001030469-18-000021","full_text":"https://origin.rootz.global/static/filing/0001030469-18-000021.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":28,"context":"Board in accordance with the provisions of our certificate of incorporation and by-laws.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin).  Messrs. Juan C. Aguayo, Rafael F. Mart","filed_date":"2017-03-16","accession":"0001193125-17-084549","full_text":"https://origin.rootz.global/static/filing/0001193125-17-084549.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":23,"context":"n losses in connection therewith. Such provision may significantly impact our earnings. ** ** **Heightened credit risk could require us to increase our provision for credit losses, which could have a material adverse effect on our results of operations and financial condition.** Making loans is an essential element of our business, and there is a risk that the loans will not be repaid. This default risk is affected by a","filed_date":"2017-03-10","accession":"0001030469-17-000011","full_text":"https://origin.rootz.global/static/filing/0001030469-17-000011.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":24,"context":"d. Each class serves a term of three years, and the term of only one class ends annually.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin).  Messrs. Jos Rafael Fernndez and Nstor","filed_date":"2016-03-17","accession":"0001193125-16-508573","full_text":"https://origin.rootz.global/static/filing/0001193125-16-508573.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":23,"context":"ny such repurchases in the future may negatively impact our liquidity and operating results. Termination of our ability to sell mortgage products to the U.S government-sponsored entities would have a material adverse effect on our results of operations and financial condition. In addition, we may be required to indemnify certain purchasers and others against losses they incur in the event of breaches of representations","filed_date":"2016-03-15","accession":"0001030469-16-000067","full_text":"https://origin.rootz.global/static/filing/0001030469-16-000067.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":26,"context":"ualified. Each class serves a term of three years, and only one classs term ends annually. There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin). Julian S. Incln, Pedro Morazzani and Ra","filed_date":"2015-03-12","accession":"0001030469-15-000012","full_text":"https://origin.rootz.global/static/filing/0001030469-15-000012.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":31,"context":"r a recession has historically resulted in a reduction in lending activity and an increase in the rate of default in commercial loans, consumer loans and residential mortgages. A recession may have a significant adverse impact on our net interest income and fee income. We may also experience significant losses on the loan portfolio due to a higher level of defaults on commercial loans, consumer loans and residential mortga","filed_date":"2015-02-26","accession":"0001030469-15-000010","full_text":"https://origin.rootz.global/static/filing/0001030469-15-000010.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":25,"context":"Board in accordance with the provisions of our certificate of incorporation and by-laws.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin).  Juan C. Aguayo and Rafael F. Martnez h","filed_date":"2014-03-13","accession":"0001193125-14-096888","full_text":"https://origin.rootz.global/static/filing/0001193125-14-096888.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":100,"match_count":13,"context":"nse** Non-interest expense increased to $264.6 million for 2013 compared to $132.0 million in 2012, due to the Companys expanded operations as a result of the BBVAPR Acquisition, including merger and restructuring costs of $17.5 million for 2013. The 2013 results reflect the integration of BBVAPR, with the successful conversion of technology platforms and consolidation of other resources. Also, the 2013 reflects a $","filed_date":"2014-03-03","accession":"0001030469-14-000009","full_text":"https://origin.rootz.global/static/filing/0001030469-14-000009.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":29,"context":"r a recession has historically resulted in a reduction in lending activity and an increase in the rate of default in commercial loans, consumer loans and residential mortgages. A recession may have a significant adverse impact on our net interest income and fee income. We may also experience significant losses on the loan portfolio due to a higher level of defaults on commercial loans, consumer loans and residential mortga","filed_date":"2014-03-03","accession":"0001030469-14-000009","full_text":"https://origin.rootz.global/static/filing/0001030469-14-000009.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":100,"match_count":13,"context":"|  |  2,678 |  |  |  1,820 |  | |  Electronic banking charges |  |  3,728 |  |  |  1,558 |  | |  Advertising, business promotion, and strategic initiatives |  |  1,409 |  |  |  848 |  | |  Merger and restructuring charges |  |  5,534 |  |  |  - |  | |  Foreclosure, repossession and other real estate expenses |  |  1,505 |  |  |  749 |  | |  Loan servicing and clearing expenses |  |  1,475 |  |  |  967 |  | |  Taxes, o","filed_date":"2013-05-10","accession":"0001030469-13-000029","full_text":"https://origin.rootz.global/static/filing/0001030469-13-000029.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"strategic_event","strength":100,"match_count":29,"context":"rs are duly elected and qualified. Only one class of directors is to be elected annually.  There are no arrangements or understandings between us and any person pursuant to which such person has been elected as a director. No director is related to any of our directors or executive officers, by blood, marriage or adoption (excluding those that are more remote than first cousin).  Jos Rafael Fernndez and Jos E. Rossi h","filed_date":"2013-03-15","accession":"0001193125-13-107954","full_text":"https://origin.rootz.global/static/filing/0001193125-13-107954.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":100,"match_count":15,"context":"no assurance that our integration efforts will not result in other unanticipated costs.  **We will incur in significant costs related to the BBVAPR Acquisition.** We expect to incur certain one-time restructuring charges of approximately $35 million in connection with the BBVAPR acquisition. The substantial majority of non-recurring expenses resulting from the BBVAPR Acquisition will be comprised of transaction costs","filed_date":"2013-03-15","accession":"0001030469-13-000015","full_text":"https://origin.rootz.global/static/filing/0001030469-13-000015.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":24,"context":"r a recession has historically resulted in a reduction in lending activity and an increase in the rate of default in commercial loans, consumer loans and residential mortgages. A recession may have a significant adverse impact on our net interest income and fee income. We may also experience significant losses on the loan portfolio due to a higher level of defaults on commercial loans, consumer loans and residential mortga","filed_date":"2013-03-15","accession":"0001030469-13-000015","full_text":"https://origin.rootz.global/static/filing/0001030469-13-000015.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":12,"context":"r a recession has historically resulted in a reduction in lending activity and an increase in the rate of default in commercial loans, consumer loans and residential mortgages. A recession may have a significant adverse impact on our net interest income and fee income. We may also experience significant losses on the loan portfolio due to a higher level of defaults on commercial loans, consumer loans and residential mortga","filed_date":"2012-10-31","accession":"0001193125-12-442538","full_text":"https://origin.rootz.global/static/filing/0001193125-12-442538.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":100,"match_count":10,"context":"it is the opinion of the Groups management, based on current knowledge and after taking into account its current legal accruals, that the eventual outcome of all matters would not be likely to have a material adverse effect on the unaudited consolidated financial condition of the Group. 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Nonetheless, given the substantial or indeterminate amounts sought in certain of these matters, and the inherent unpredictability of such","filed_date":"2024-05-08","accession":"0001030469-24-000019","full_text":"https://origin.rootz.global/static/filing/0001030469-24-000019.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"risk_factor","strength":98,"match_count":11,"context":"450, it is the opinion of OFGs management, based on current knowledge and after taking into account its current legal accruals, that the eventual outcome of all matters would not be likely to have a material adverse effect on the consolidated statements of financial condition of OFG. 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Rating agencies continuously evaluate us and our subsidiaries, and their ratings of our long-term and short-term debt are based on a number of factor","filed_date":"2026-03-11","accession":"0001140361-26-008961","full_text":"https://origin.rootz.global/static/filing/0001140361-26-008961.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":96,"match_count":12,"context":"| | Director and investor relations | 1,135 | | 1,174 | | -3.3 | % | | | Foreclosed real estate and other repossessed assets (income) expenses, net | (3,007) | | 7,767 | | -138.7 | % | | | Merger and restructuring charges | | | 16,083 | | -100.0 | % | | | Other | 15,034 | | 15,830 | | -5.0 | % | | | Total non-interest expenses | $ | 325,756 | | $ | 345,286 | | -5.7 | % | | | Relevant ratios and data: | | | | | | | | E","filed_date":"2022-02-25","accession":"0001030469-22-000015","full_text":"https://origin.rootz.global/static/filing/0001030469-22-000015.html","verify":"Read the filing at the full_text URL and search for the context string to verify this signal."},{"ticker":"OFG","company":"OFG BANCORP","exchange":"NYSE","sector":"State Commercial Banks","signal_type":"restructuring","strength":96,"match_count":12,"context":"integration efforts will not result in other unanticipated costs.  **We will incur in significant costs related to the Scotiabank PR & USVI Acquisition.** **16**  We expect to incur certain one-time restructuring charges in connection with the Scotiabank PR & USVI Acquisition. 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