LOGO
LOGO

Quick Facts

OFG Bancorp Q1 Net Income Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

OFG Bancorp (OFG), the financial holding company for Oriental Bank, reported that its first quarter net income available to common stockholders increased to $49.7 million from $46.2 million, last year. EPS was $1.05 compared to $0.96. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.95, for the quarter. Analysts' estimates typically exclude special items.

Total core revenues were $174.2 million compared to $164.4 million, a year ago. Analysts on average had estimated $151.92 million in revenue.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19