OFG: Q1 Earnings Snapshot

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Thursday reported net income of $49.7 million in its first quarter.

The bank, based in San Juan, Puerto Rico, said it had earnings of $1.05 per share.

The financial holding company posted revenue of $213.5 million in the period. Its revenue net of interest expense was $174.2 million, which did not meet Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OFG at https://www.zacks.com/ap/OFG

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up