OFG Bancorp: Q1 Earnings Insights

OFG Bancorp OFG reported its Q1 earnings results on Thursday, April 21, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

OFG Bancorp beat estimated earnings by 20.63%, reporting an EPS of $0.76 versus an estimate of $0.63.

Revenue was up $7.00 million from the same period last year.

Last quarter the company missed on EPS by $0.1 which was followed by a 3.91% drop in the share price the next day.

Here's a look at OFG Bancorp's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.76	0.68	0.53	0.44
EPS Actual	0.66	0.81	0.78	0.56
Revenue Estimate	103.76M	102.80M	99.70M	99.55M
Revenue Actual	104.20M	102.70M	102.26M	98.20M

To track all earnings releases for OFG Bancorp visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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