OFG Bancorp (OFG) Tops Q2 EPS by 10c

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Go back to OFG Bancorp (OFG) Tops Q2 EPS by 10c

OFG Bancorp Reports 2Q22 Results

July 21, 2022 7:30 AM EDT

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the second quarter ended June 30, 2022. EPS diluted was $0.84 compared to $0.76 in 1Q22 and $0.78 in 2Q21. Total core revenues were $146.3 million compared to $136.4 million in 1Q22 and $133.3 million in 2Q21.

CEO Comment

José Rafael Fernández, Chief Executive Officer, said: We had another strong quarterly performance in all our core businesses. Loans and deposits grew, net interest margin expanded, and banking and wealth management income rebounded. All this confirms an overall... More