OFG Bancorp (OFG) Tops Q1 EPS by 12c, Revenues Beat
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OFG Bancorp Reports 1Q21 Results
April 21, 2021 7:30 AM EDTSAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the first quarter ended March 31, 2021.
CEO Comment
José Rafael Fernández, Chief Executive Officer, said: First quarter results reflected strong core performance based on the continued success of our strategies focusing on agility and service. Our results also reflected the federal stimulus, increased liquidity, and an improving Puerto Rico economy as more people get vaccinated.
We benefitted from strong new loan generation and deposit growth, significantly reduced cost of... More
