OFG Bancorp (OFG) Releases Earnings Results, Reports EPS of $0.25 EPS

OFG Bancorp (OFG) reported quarterly earnings results on Friday, Jul-22-2016. The company reported $0.25 EPS for the quarter. Analysts had a consensus estimate of $0.25. Analysts expectations of $90.20 million. During the same quarter in the previous year, the company posted $-0.15 EPS.

OFG Bancorp closed down -0.02 points or -0.21% at $9.55 with 2,88,457 shares getting traded on Wednesday. Post opening the session at $9.57, the shares hit an intraday low of $9.44 and an intraday high of $9.6799 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on May 12, 2016, Ganesh Kumar (CFO & EVP) sold 1,000 shares at $18.75 per share price. According to the SEC, on Apr 29, 2016, Radames Pena (director) sold 1,900 shares at $19.05 per share price. On Apr 4, 2016, Rafael Martinez (director) purchased 7,000 shares at $6.99 per share price, according to the Form-4 filing with the securities and exchange commission.

OFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company provides banking and financial services to its clients through a range of banking and financial solutions including commercial consumer auto and mortgage lending; checking and savings accounts; financial planning insurance financial service and investment brokerage and corporate and individual trust and retirement services. The Company operates through three segments: Banking Wealth Management and Treasury. The Company provides these services through various subsidiaries including a commercial bank Oriental Bank a securities broker-dealer Oriental Financial Services Corp. (Oriental Financial Services) an insurance agency Oriental Insurance Inc. (Oriental Insurance) and a retirement plan administrator Caribbean Pension Consultants Inc. (CPC). The Company has 53 branches in Puerto Rico.

OFG Bancorp

Leave a Reply

OFG Bancorp - Is it time to Sell?

Top Brokerage Firms are advising their investors on OFG Bancorp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.