OFG Bancorp. (OFG) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS
OFG Bancorp. (NYSE:OFG) announced its earnings results on Tuesday. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.08, American Banking News reports. During the same quarter in the prior year, the company posted $0.37 earnings per share.
Shares of OFG Bancorp. (NYSE:OFG) opened at 16.55 on Tuesday. OFG Bancorp. has a 1-year low of $14.05 and a 1-year high of $19.33. The stock’s 50-day moving average is $16.98 and its 200-day moving average is $16.19. The company has a market cap of $755.9 million and a P/E ratio of 9.65.
OFG Bancorp, formerly Oriental Financial Group Inc is a diversified financial holding company. The Company’s three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provides a range of commercial, consumer and mortgage banking services, as well as financial planning, trust, insurance, investment brokerage and investment banking services, primarily in Puerto Rico, through 64 financial centers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.