OFG News and Press, OFG Bancorp From 07/27/22

OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 33%, to $0.20 per common share from $0.15 per share, for the quarter ending September 30, 2022, as part of OFG’s capital actions in 2022. The dividend is payable Octobe...

Image source: The Motley Fool. Oriental Financial Group (NYSE: OFG) Q2 2022 Earnings Call Jul 21, 2022 , 10:00 a.m. ET Operator Continue reading For further details see: Oriental Financial Group (OFG) Q2 2022 Earnings Call Transcript

OFG Bancorp (OFG) Q2 2022 Earnings Conference Call July 21, 2022 10:00 AM ET Company Participants Jose Fernandez - CEO & Vice Chair Maritza Arizmendi - CFO Conference Call Participants Brett Rabatin - Hovde Group Timur Braziler - Wells Fargo A...

The following slide deck was published by OFG Bancorp in conjunction with their 2022 Q2 earnings call. For further details see: OFG Bancorp 2022 Q2 - Results - Earnings Call Presentation

OFG Bancorp press release ( NYSE: OFG ): Q2 GAAP EPS of $0.84 beats by $0.11 . Revenue of $146.3M (+9.8% Y/Y) beats by $3.35M . Provision for credit losses of $6.7M compared to $1.6M in 1Q22 and a net benefit of $8.3M in 2Q21. CET1 ratio was 12.80% compared...

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the second quarter ended June 30, 2022. EPS diluted was $0.84 compared to $0.76 in 1Q22 and $0.78 in 2Q21. Total core revenues were $146.3 million compared to $136.4 million in 1Q22 and $133.3...

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...