OFG (OFG) delivered earnings and revenue surprises of 10.53% and 0.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
SAN JUAN, Puerto Rico, April 18, 2024--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2024. EPS diluted of $1.05 compared to $0.98 in 4Q23 and $0.96 in 1Q23. Total core revenues of $174.2 million compared to $175.6 million in 4Q23 and $164.4 million in 1Q23.
OFG Bancorp (NYSE:OFG), a financial holding company, provides various banking and financial services.