OFG Bancorp (OFG) Reports Q2 Loss of $0.15/Share

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OFG Bancorp Reports 2Q15 Results

July 24, 2015 7:30 AM EDT

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today reported results for the second quarter ended June 30, 2015.

José Rafael Fernández, President, Chief Executive Officer, and Vice Chairman of the Board, commented, While a few quarter specific items caused us to post a loss in 2Q15, our core business performed well and capital continues to be strong.

2Q15 Highlights

Loss of $6.6 million, or ($0.15) per share, compared to a loss of $6.5 million, or ($0.14) per share, in the preceding quarter, and a profit of $17.8 million, or $0.38 per... More