OFG Bancorp (OFG) Tops Q4 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
OFG Bancorp Reports 4Q16 & 2016 Results
January 31, 2017 7:30 AM ESTSAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today reported results for the fourth quarter and year ended December 31, 2016.
4Q16 Highlights
Net income available to shareholders increased to $12.1 million, or $0.27 per share fully diluted, from $11.7 million, or $0.26 per share fully diluted, in 3Q16 and a loss of $4.4 million, or ($0.10) per share, in the year ago 4Q15. Compared to 3Q16, results included increases of 13.8% in net interest income after provision and 11.7% in banking and wealth management revenues, while non-interest expenses fell 4.6%.... More