OFG Bancorp (OFG) Misses Q4 EPS by 7c
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OFG Bancorp Reports 4Q15 and 2015 Results
February 1, 2016 7:30 AM ESTSAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today reported results for the fourth quarter and the year ended December 31, 2015.
4Q15 Results
A loss of ($4.4) million, or ($0.10) per share fully diluted. This compares to net income of $1.1 million, or $0.03 per share diluted, in the preceding quarter, and $17.1 million, or $0.36 per share diluted, in the same quarter a year ago. Results included: An additional $30.4 million provision on the $200 million participation in a syndicated fuel line of credit to the Puerto Rico Electric... More