OFG Bancorp (OFG) Misses Q3 EPS by 2c

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Go back to OFG Bancorp (OFG) Misses Q3 EPS by 2c

OFG Bancorp Reports 3Q24 Results

October 16, 2024 7:30 AM EDT

SAN JUAN, Puerto Rico--(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 of $174.1 million compared to $179.4 million in 2Q24 and $172.2 million in 3Q23.

CEO Comment

José Rafael Fernández, Chief Executive Officer, said: The third quarter was another solid quarter of performance with EPS-diluted up 5.3% year-over-year on a 1.1% increase in total core revenues. We continued to produce consistent, core operating results, and digital... More