President & Chief Executive Officer · OFG BANCORP (OFG)

José Fernández

A named executive officer of OFG BANCORP in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$3,479,297

FY2024: $6,305,842

1st of 4 named executive officers at OFG Bancorp by FY2025 total.

4 named officers on file for OFG BANCORP, FY2025

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What this number hides

The filing gives the total. OFG BANCORP’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 3, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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José Fernández compensation by year

OFG BANCORP Summary Compensation Table · all 10 fiscal years held
In US dollars, as OFG BANCORP reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$865,000$865,000$865,000$865,000$865,000$935,000$935,000$935,000$981,750$981,750
Bonus$0$283,333$283,333$283,333$0$600$0$0$0$600
Stock awards$0$312,040$850,940$736,368$1,211,341$1,082,452$1,129,545$1,197,394$4,110,237$1,179,020
Option awards$0$0$0$0$0$0$0$0$0$0
Non-equity incentive$836,900$760,100$708,600$850,200$617,700$878,100$872,200$1,188,300$1,004,723$1,117,600
Pension and deferred compensation$0$0$0$0$0$0$0$0$0$0
All other$78,122$92,552$92,604$117,703$88,659$124,685$124,762$168,781$209,132$200,327
Total$1,780,022$2,313,025$2,800,477$2,852,604$2,782,700$3,020,837$3,061,507$3,489,475$6,305,842$3,479,297

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: OFG BANCORP DEF 14A filed March 3, 2026, accession 0001030469-26-000016, and prior-year filings. Open the filing on EDGAR.

How this page was built: the OFG BANCORP filed document, accession 0001030469-26-000016. Every figure is read from that document and cited to the page and table it appears in. Filed March 3, 2026.

$1.8M
$2.3M
$2.8M
$2.9M
$2.8M
$3.0M
$3.1M
$3.5M
$6.3M
$3.5M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU193,709$7,938,212—

Per the Outstanding Equity Awards at Fiscal Year-End table in OFG BANCORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

12 Form 4 lines since the FY2025 proxy (filed March 3, 2026)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-09-15Gift—10,000—142,056.69
2026-09-09Gift—600—152,056.69
2026-07-24Sale—52,352$52.45152,656.69
2026-04-23Gift—10,000—205,008.69
2026-03-19Grant or award derivative—14,390—42,435.17
2026-03-10Grant or award—5,150—216,675.69
2026-03-10Tax withholding—1,667$41.39215,008.69
2026-03-10Exercise or conversion derivative—5,150—28,045.17

The 8 most recent of 12 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

OFG BANCORP’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
José Fernández · this pagePresident & Chief Executive Officer$3,479,297
Maritza ArizmendiChief Financial Officer$1,256,437
Mari Evelyn RodríguezChief Retail Banking Officer$829,903
César OrtizChief Risk Officer$774,817

Board service

OFG BANCORP board · FY2022–FY2025

How this board is paid

Company policy: OFG BANCORP pays directors a $60,000 cash retainer and $62,625 in Restricted Stock Units. As stated in OFG BANCORP's FY2025 proxy.

The full OFG BANCORP compensation record

free company brief

This page is one person within OFG BANCORP's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the OFG BANCORP proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order OFG BANCORP's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are OFG BANCORP's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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José Fernández's compensation dossier