OFG Bancorp (OFG) Tops Q2 EPS by 17c
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OFG Bancorp Reports 2Q20 Results
July 24, 2020 7:30 AM EDTSAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today reported results for the second quarter ended June 30, 2020.
2Q20 Financial Highlights
Net income available to common shareholders totaled $20.2 million or $0.39 per share fully diluted. This compares to 1Q20 net income available to common shareholders of $173 thousand or break-even per share and 2Q19 net income available to shareholders of $22.4 million or $0.43 per share fully diluted. Total core revenues were $128.2 million compared to $131.3 million in 1Q20 and $99.2 million in 2Q19. 2Q20 revenues included $6.0 million in one-time interest recoveries... More