OFG Bancorp (OFG) Registration Filing summary

Company overview and business model

• Registered bank holding company with financial holding company status, headquartered in San Juan, Puerto Rico, serving Puerto Rico and the U.S. Virgin Islands through banking, lending, and wealth management subsidiaries.

• Principal subsidiaries include Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC.

• As of December 31, 2025, reported $12.5 billion in total assets, $8.0 billion in net loans, $10.3 billion in deposits, and $1.4 billion in stockholders' equity.

Financial performance and metrics

• Capital ratios as of December 31, 2025: Tier 1 leverage ratio 10.71%, Common equity tier 1 risk-based capital ratio 13.97%, Tier 1 risk-based capital ratio 13.97%, Total risk-based capital ratio 15.24%.

• Outstanding debt and deposits totaled approximately $10.8 billion, including $10.3 billion in deposit liabilities and $557 million in Federal Home Loan Bank advances and repurchase agreements.

• No holding company-level indebtedness ranking senior, pari passu, or junior to the Notes as of December 31, 2025.

Use of proceeds and capital allocation

• Net proceeds from the offering are intended for general corporate purposes.