OFG Bancorp

Good morning. Thank you for joining OFG Bancorp's conference call. My name is Chloe, and I will be your operator today. Our speakers are José Rafael Fernández, Chief Executive Officer and Chairman of the Board of Directors, Maritza Arizmendi, Chief Financial Officer, and Cesar Ortiz, Chief Risk Officer. A presentation accompanies today's remarks. It can be found on the home page of the OFG website under the third quarter 2026 section. This call may feature certain forward-looking statements about management's goals, plans, and expectations. These statements are subject to risks and uncertainties outlined in the risk factors section of OFG's SEC filings. Actual results may differ materially from those currently anticipated. We disclaim any obligation to update information disclosed in this call as a result of developments that occur afterwards. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. Instructions will be given at that time. I would now like to turn the call over to Mr. Fernández.

Good morning and thank you for joining us. We are very pleased to report our results today. We had an outstanding third quarter with excellent performance across the board. Let's turn to page three of our presentation. Earnings per share increased 15% year over year and on 1% growth in total core revenues. This was driven by strong commercial loan growth, stable credit and core deposit balances, disciplined expense management, and strong profitability metrics. We continue advancing our digital bank with a human touch strategy. Customers are embracing Oriental's digital tools and value-added services. Our Libre, Elite, and MyBase accounts are attracting new clients and helping our bankers deepen existing relationships. We resumed stock repurchases, buying back $13.5 million of common shares, reflecting our continued focus on creating long-term shareholder value. As to Puerto Rico's economy, it remains stable. Thank you to all our team members for their hard work and continued focus on making progress possible for our customers, employees, shareholders, and the communities we serve. Please turn to page four Our core digital strategy is focused on three main areas. The first area centers on delivering value through innovative account products tailored to the needs of our customers. Libre for the mass market, Elite for the mass affluent, and MyBiz for small businesses. The second area of focus is technology. Our omni-channel platform enables customers to engage with us seamlessly across our digital channels. This creates a convenient and efficient banking experience helps drive digital adoption, generating efficiencies and savings. As a result, we continue to invest in the customer experience and shift branch interactions away from routine transactions and toward meaningful relationship building. The third area of focus is AI-powered intelligent banking. Our data-driven, real-time, personalized insights provide compelling value. giving customers the ability to manage their finances in an easy and intuitive way. Together these capabilities distinguish us from competitors and accelerate digital adoption. They also expand our client base, create more opportunities to deepen customer relationship and engagement, and ultimately support growth in core deposits.

Please turn to page five.