Loading...
•
Sep 30, 2021
OFG Bancorp Q3 2021 Earnings Report
OFG Bancorp had a strong quarterly performance driven by strategic plan execution.
Key Takeaways
OFG Bancorp reported a strong third quarter, with earnings per share of $0.81 and total core revenues of $134.7 million. The company saw growth in new loan origination, customer deposits, and net interest income. Provision for credit losses was a net benefit of $5 million. OFG also executed on its buyback program, acquiring $40.2 million of shares.
Earnings per share diluted of $0.81 compared to $0.50 in 3Q20.
Total core revenues of $134.7 million compared to $127.0 million in 3Q20.
New loan origination remained strong at $556 million.
Provision for credit losses was a $5 million net benefit.
Forward Guidance
This document does not contain any forward guidance.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...