Despite continued contraction in economic activity, local market optimism rises on bank earnings, digital infrastructure growth. #NewsismyBusiness
Birling Capital’s May review highlights divergence between growth and sentiment. #NewsismyBusiness
Banco Popular, FirstBank and OFG Bancorp among top 10 in The Banker’s 2025 list. #NewsismyBusiness
Oriental CEO says Puerto Rico should capitalize on opportunities within the Trump administration’s call to bring production back to the U.S. #NewsismyBusiness
As OFG enters 2025, it remains focused on leveraging digital transformation and strategic investments to drive growth. #NewsismyBusiness
The bell ringing ceremony begins at about 9:15 a.m. and can be watched live. #NewsismyBusiness
The bank’s net income available to common stockholders was $47 million. #NewsismyBusiness
During the quarter, OFG also moved ahead with its share buyback program, implementing close to the $50 million approved by its board. #NewsismyBusiness
The bank’s digital strategy has gained traction, while it continues to grow its branch network. #NewsismyBusiness
This is the bank’s 10th consecutive quarter that reflects growth. #NewsismyBusiness
“We’re seeing an ongoing improvement, and Puerto Rican clients, our customers, are very well-positioned from the standpoint of their liquidity, as well as businesses,” OFG CEO José Rafael Fernández said. #NewsismyBusiness
The bank spent 2022 "deploying technology, expanding, and improving our network and investing in people and talent."
OFG Bancorp, parent company of Oriental Bank, reported $41.6 million in net income available to shareholders during the third quarter ended Sept. 30, a 61% improvement from the $25.8 million on record for the same year-ago quarter. The financial institution reported diluted earnings per share of $0.81 during the latest quarter, compared to $0.50 in […]
OFG Bancorp, the financial holding company for Oriental Bank, reported results for the first quarter ended March 31, 2021, which reflected $127.7 million in revenue, a slight drop when compared to $132.8 million reported for the fourth quarter of 2020. The financial institution explained that the last quarter of 2020 benefited from $3.9 million in […]
OFG Bancorp, the financial holding company of San Juan-based Oriental Bank, reported results for the fourth quarter and year ended Dec. 31, 2020, revealing $132.8 million and $519.3 million in revenue, respectively. While the result for the final three month period of last year showed a 35% increase from the versus $98.4 million reported during […]
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