OFG Bancorp

OFG Bancorp is a holding company, which engages in the provision of banking and financial services. It operates through the following segments: Banking, Wealth Management, and Treasury. The Banking segment includes its branches and traditional banking products such as deposits and commercial, consumer, and mortgage loans. The Wealth Management segment is involved in financial planning, money management and investment banking, brokerage services, insurance sales activity, corporate and individual trust and retirement services, and retirement plan administration services. The Treasury segment encompasses all its asset and liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

OFG Bancorp achieves record 2023 results, eyes growth amid challenges

OFG Bancorp delivered exceptional performance in 2023, marked by record results and strategic capital actions. The company's Digital First strategy and strong credit quality position it well for future growth.
While facing challenges related to interest rates and inflation, OFG Bancorp remains confident in its ability to manage risks and capitalize on opportunities. Analyst inquiries reflect market interest in the company's financial strategies and growth prospects.
With a focus on prudent financial management, customer-centric digital initiatives, and strategic foresight, OFG Bancorp is poised to navigate evolving market dynamics and drive sustainable growth in the coming year.

OFG Bancorp posts strong Q1 results amidst growth opportunities

OFG Bancorp's Q1 2024 performance reflects strong financial health and growth potential.
While facing credit risk and liquidity challenges, the bank's focus on digital adoption and capital deployment presents opportunities.
With a positive outlook for Puerto Rico and efficient asset utilization, OFG is poised for continued success.
Management's proactive approach to addressing challenges and leveraging opportunities positions OFG for sustainable growth.

OFG Bancorp excels in Q2 with strong financials and digital growth

OFG Bancorp's Q2 performance showcased robust financial metrics, strategic digital initiatives, and a positive outlook for sustained growth.
Key strengths in core revenue components, digital transformation, and prudent capital management position OFG well for future opportunities.
While challenges in asset repricing and operational efficiency persist, the bank's focus on innovation and growth strategies signals resilience and adaptability.

OFG Bancorp reports solid Q3 earnings amidst digital growth

OFG Bancorp's Q3 performance reflects steady growth in key financial metrics, supported by a strong capital position and a focus on digital innovation. While facing challenges related to interest rate cuts, the company is well-positioned to capitalize on opportunities in loan growth and customer engagement.

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OFG Bancorp is a holding company, which engages in the provision of banking and financial services. It operates through the following segments: Banking, Wealth Management, and Treasury. The Banking segment includes its branches and traditional banking products such as deposits and commercial, consumer, and mortgage loans. The Wealth Management segment is involved in financial planning, money management and investment banking, brokerage services, insurance sales activity, corporate and individual trust and retirement services, and retirement plan administration services. The Treasury segment focuses on all its asset and liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.

OFG (OFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OFG Bancorp (OFG) Reports Next Week: Wall Street Expects Earnings Growth

News for OFG Bancorp Stock (OFG)