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OFG posts 1Q profit

SAN JUAN, Puerto Rico (AP) _ OFG Bancorp (OFG) on Friday reported first-quarter profit of $15.2 million.

The bank, based in San Juan, Puerto Rico, said it had earnings of 26 cents per share.

The financial holding company posted revenue of $105.3 million in the period. Its adjusted revenue was $93.7 million.

OFG shares have dropped 16 percent since the beginning of the year. The stock has climbed 43 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OFG at


Keywords: OFG Bancorp, Earnings Report