OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates — Oct 16th, 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise o...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

OFG Bancorp Third Quarter 2024 Earnings: Misses Expectations — Oct 17th, 2024

OFG Bancorp (NYSE:OFG) Third Quarter 2024 Results Key Financial Results Revenue: US$153.4m (down 1.7% from 3Q 2023). Net income: US$47.0m (up 4.7% from 3Q 2023). Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.01 (up from US$0.9...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG Bancorp (OFG) Q3 2024 Earnings Call Highlights: Strong Asset Growth Amid Revenue Challenges — Oct 17th, 2024

Earnings Per Share (EPS): $1, up 5.3% year-over-year. Total Core Revenues: $174.1 million, up 1.1% year-over-year. Net Interest Margin: 5.43%. Provision for Credit Losses: $21.4 million. Noninterest Expenses: $91.6 million. Pre-Provision Net Revenues: $83.1 million. Total Assets: $11.5 bil...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

OFG: Q3 Earnings Snapshot — Oct 16th, 2024

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Wednesday reported net income of $47 million in its third quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1 per share. The financial holding company posted revenue of $215.3 mil...

Here's Why OFG Bancorp (NYSE:OFG) Has Caught The Eye Of Investors — Oct 9th, 2024

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good ...

OFG Bancorp Reports 3Q24 Results — Oct 16th, 2024

SAN JUAN, Puerto Rico, October 16, 2024--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues o...