OFG News and Press, OFG Bancorp From 07/01/22

Puerto Rico's heightened economic activity and low unemployment rate bode well for loan growth. Sticky deposit costs will enable net interest income to benefit from a rising interest rate environment. Provision reversals will likely normalize this year. Nevertheless, net provision...

OFG Bancorp (NYSE: OFG) will report second quarter 2022 financial results on Thursday, July 21, 2022, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 459-5346 Participant International Phone Number: (2...

OFG Bancorp (NYSE:OFG) declares $0.15/share quarterly dividend, in line with previous. Forward yield 2.27% Payable July 15; for shareholders of record June 30; ex-div June 29. See OFG Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: OFG Bancorp declares $...

OFG Bancorp (OFG) Q1 2022 Earnings Conference Call April 21, 2022, 10:00 AM ET Company Participants Jose Rafael Fernandez - CEO & Vice Chair Maritza Arizmendi - CFO Conference Call Participants Alex Twerdahl - Piper Sandler Kelly Motta - KBW Brett Rabatin - Hovde Group Timur Braziler - We...

The following slide deck was published by OFG Bancorp in conjunction with their 2022 Q1 earnings call. For further details see: OFG Bancorp 2022 Q1 - Results - Earnings Call Presentation

OFG Bancorp press release (NYSE:OFG): Q1 GAAP EPS of $0.76 beats by $0.12. Revenue of $136.4M (+6.8% Y/Y) beats by $3.11M. CET1 ratio was 13.24% compared to 13.77% in 4Q21 and 13.56% in 1Q21. Tangible book value per share was $18.90 compared to $19.08 in 4Q21 and $17.39 in 1Q21.  Provisi...

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the first quarter ended March 31, 2022. EPS diluted was $0.76 compared to $0.66 in 4Q21 and $0.56 in 1Q21. Total core revenues were $136.4 million compared to $141.0 million in 4Q21 and $127.7...

OFG Bancorp (NYSE: OFG) will report first quarter 2022 financial results on Thursday, April 21, 2022, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 459-5346 Participant International Phone Number: (2...

At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises. Although higher interest rates will benefit the Fund’s portfolio, we are making sure that the Fund is...

Despite the bank posting stable financial performance in its last reported quarter, the stock of ICICI Bank (IBN) has lost momentum over the past months. So, let's evaluate if it is worth adding the stock to one’s portfolio considering the broader market’s sell-off, which has im...