OFG Bancorp (OFG) Tops Q1 EPS by 10c

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Go back to OFG Bancorp (OFG) Tops Q1 EPS by 10c

OFG Bancorp Reports 1Q23 Results

April 20, 2023 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 first quarter ended March 31, 2023. EPS diluted of $0.96 compared to $0.97 in 4Q22 and $0.76 in 1Q22. Total core revenues of $164.4 million compared to $168.3 million in 4Q22 and $136.4 million in 1Q22.

CEO Comment

José Rafael Fernández, Chief Executive Officer, said: The first quarter continued to reflect high levels of liquidity and capital, putting OFG in a strong position in todays banking environment. Our financial results also demonstrated solid core revenues, net... More