José Fernández is President & Chief Executive Officer of OFG Bancorp (OFG). The company reported total compensation of $3,479,297 for fiscal year 2025.
| Salary | $981,750 |
|---|---|
| Bonus | $600 |
| Stock awards | $1,179,020 |
| Option awards | $0 |
| Non-equity incentive plan | $1,117,600 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $200,327 |
| Total | $3,479,297 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure OFG Bancorp filed March 3, 2026, accession 0001030469-26-000016.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President & Chief Executive Officer | $981,750 | $600 | $1,179,020 | $0 | $1,117,600 | $0 | $200,327 | $3,479,297 |
| FY2024 | President, CEO and Chairman of the Board | $981,750 | $0 | $4,110,237 | $0 | $1,004,723 | $0 | $209,132 | $6,305,842 |
| FY2023 | President & Chief Executive Officer | $935,000 | $0 | $1,197,394 | $0 | $1,188,300 | $0 | $168,781 | $3,489,475 |
Totals as disclosed in each year's own compensation disclosure for OFG Bancorp.
| Peer-group chief executive median | $2,732,240 |
|---|---|
| Difference from that median | $747,058 |
| Percentile within the disclosed peer group | 68th |
| Peers with a disclosed figure | 20 |
Medians and percentiles are computed across the peer group OFG Bancorp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| José Fernández this page | President & Chief Executive Officer | $3,479,297 |
| Maritza Arizmendi | Chief Financial Officer | $1,256,437 |
| Mari Evelyn Rodríguez | Chief Retail Banking Officer | $829,903 |
| César Ortiz | Chief Risk Officer | $774,817 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full OFG Bancorp compensation brief.
José Fernández's compensation sits inside OFG Bancorp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.