OFG Bancorp: Maintaining A Buy Rating With A Flattish Earnings Outlook
The continued improvement of Puerto Rico's unemployment rate gives me hope that loan growth can improve this year. However, other economic metrics are mixed. As the deposit cost is mostly inflexible, the margin will likely continue to decline this year. I haven't changed my EPS estimate for 2025, which remains at $4.25.
OFG Bancorp (OFG) Q4 2024 Earnings Call Transcript
OFG Bancorp (NYSE:OFG ) Q4 2024 Earnings Conference Call January 22, 2025 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman and Chief Executive Officer Maritza Arizmendi Diaz - Chief Financial Officer Cesar Ortiz Marcano - Chief Risk Officer Conference Call Participants Kelly Motta - KBW Ynyra Bohan - Hovde Group Timur Braziler - Wells Fargo Operator Good morning. Thank you for joining OFG Bancorp's Conference Call.
OFG Bancorp (OFG) Q4 Earnings and Revenues Beat Estimates
OFG Bancorp (OFG) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.98 per share a year ago.
OFG Bancorp (OFG) Q3 2024 Earnings Call Transcript
OFG Bancorp (NYSE:OFG ) Q3 2024 Earnings Conference Call October 16, 2024 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman & CEO Maritza Arizmendi - CFO Conference Call Participants Kelly Motta - KBW Operator Good morning. Thank you for joining the OFG Bancorp's Conference Call.
OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates
OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago.
OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate
Puerto Rico's economy continues to remain remarkable, which contributes to my positive outlook on loan growth. Rate cuts will likely also drive loan growth. The net interest margin will likely resume its downtrend due to interest rate cuts. The December 2025 target price suggests an upside of ~8.6% from the October 14 closing price. Further, OFG is offering a dividend yield of 2.25%.
OFG Bancorp (OFG) Is Up 0.11% in One Week: What You Should Know
Does OFG Bancorp (OFG) have what it takes to be a top stock pick for momentum investors? Let's find out.
OFG (OFG) Upgraded to Strong Buy: Here's What You Should Know
OFG (OFG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
OFG Bancorp (OFG) Q2 2024 Earnings Call Transcript
OFG Bancorp (NYSE:OFG ) Q2 2024 Earnings Conference Call July 18, 2024 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman and Chief Executive Officer Maritza Arizmendi - Chief Financial Officer Cesar Ortiz - Chief Risk Officer Conference Call Participants Timur Braziler - Wells Fargo Brett Rabatin - Hovde Group Kelly Motta - KBW Operator Good morning. Thank you for joining OFG Bancorp's Conference Call.
OFG Bancorp (OFG) Q2 Earnings and Revenues Top Estimates
OFG Bancorp (OFG) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.93 per share a year ago.
All You Need to Know About OFG (OFG) Rating Upgrade to Strong Buy
OFG (OFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
