OFG Bancorp Reports 1Q24 Results [Yahoo! Finance]
OFG Bancorp (OFG)
Last ofg bancorp earnings: 4/29 07:30 am
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US:NYSE Investor Relations:
snl.com/irweblinkx/yearlynews.aspx?iid=1032005
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Source: Yahoo! Finance
EPS diluted of $1.05 compared to $0.98 in 4Q23 and $0.96 in 1Q23. Total core revenues of $174.2 million compared to $175.6 million in 4Q23 and $164.4 million in 1Q23. CEO Comment José Rafael Fernández, Chief Executive Officer, said: "First quarter EPS-diluted increased 9.4% year-over-year on a 5.9% increase in total core revenues, reflecting an overall solid performance across all businesses in line with our plans. Our Digital First strategy continues to drive customer acquisition and engagement. Puerto Rico business activity and consumer liquidity looks good. Our balance sheet is well-positioned for a higher for longer interest rate environment. Thanks to our team members for their hard work and commitment to helping our customers and communities achieve progress." 1Q24 Highlights Performance Metrics: Net interest margin of 5.40%, return on average assets of 1.77%, return on average tangible common stockholders' equity of 17.92%, and efficiency ratio of 52.49%. Total Intere
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OFG
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- OFG Bancorp (NYSE:OFG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
OFG
Earnings
- 4/18/24 - Beat
OFG
Sec Filings
- 4/18/24 - Form 8-K
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- OFG's page on the SEC website