OFG Bancorp (OFG) Tops Q3 EPS by 7c

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Go back to OFG Bancorp (OFG) Tops Q3 EPS by 7c

OFG Bancorp Reports 3Q18 Results

October 19, 2018 7:30 AM EDT

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) reported results for the third quarter ended September 30, 2018.

Net income available to shareholders was $19.6 million or $0.42 per fully diluted share, compared to 2Q18s $16.2 million or $0.35 per fully diluted share and breakeven results in the year ago third quarter due to a special hurricanes related loan loss provision.

EPS growth reflects another quarter of strong, consistent core growth based on the success of our strategy of differentiation providing superior customer service, convenience and technology coupled with Puerto Ricos continued rebound following hurricanes that struck... More