OFG Bancorp Reports 4Q18 & 2018 Results
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UPDATE: OFG Bancorp (OFG) Tops Q4 EPS by 3c
January 22, 2019 7:34 AM EST(Updated - January 22, 2019 7:35 AM EST)
OFG Bancorp (NYSE: OFG) reported Q4 EPS of $0.45, $0.03 better than the analyst estimate of $0.42.
Net income available to shareholders of $23.1 million or $0.45 per fully diluted share compared to 3Q18s $19.6 million or $0.42 per share and 4Q17s $13.6 million or $0.30 per share.Originated loan growth of 3.0% from the preceding quarter to $3.66 billion, with new loan production of $323.0 million, continuing to exceed $300 million for the fourth consecutive quarter.Strong performance metrics, with net... More