OFG Bancorp Reports 1Q16 Results

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Go back to OFG Bancorp Reports 1Q16 Results

Piper Jaffray Remains Sidelined on OFG Bancorp (OFG) Following 1Q - PT to $9.50

April 25, 2016 9:14 AM EDT

Piper Jaffray reiterates a Neutral rating on Oriental Financial Group (NYSE: OFG), and raised the price target to $9.50 (from $7.50), following the company's 1Q. OFG posted operating EPS of $0.24, a penny below consensus.

Analyst Brett Rabatin commented, "We believe core earnings visibility will... More

OFG Bancorp (OFG) Reports In-Line Q1 EPS

April 22, 2016 7:34 AM EDT

OFG Bancorp (NYSE: OFG) reported Q1 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $0 versus the consensus estimate of $74.36 million.

Oriental Banks retail franchise continued to grow. New loan generation at $226... More