v3.26.1
EARNINGS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The calculation of earnings per common share for the quarters ended March 31, 2026 and 2025 is as follows:
Quarter Ended March 31,
20262025
(In thousands, except per share data)
Income available to common shareholders$53,937 $45,572 
Average common shares outstanding42,786 45,295 
Effect of dilutive securities:
Average potential common shares-options170 214 
Total weighted average common shares outstanding and equivalents42,956 45,509 
Earnings per common share - basic$1.26 $1.01 
Earnings per common share - diluted$1.26 $1.00 
For the quarters ended March 31, 2026 and 2025, weighted-average restricted stock units with an anti-dilutive effect on earnings per share not included in the calculation amounted to zero and 98, respectively.
During the quarter ended March 31, 2026, OFG increased its quarterly common stock cash dividend to $0.35 per share from $0.30 per share at December 31, 2025.