Financial Holding Company OFG Bancorp's Q2 EPS rises 6.5%

Reuters

17 Jul

Financial Holding Company <a href="https://laohu8.com/S/OFG">OFG Bancorp</a>'s <a href="https://laohu8.com/S/QTWO">Q2</a> EPS rises 6.5%

Overview

OFG Bancorp Q2 EPS rises to $1.15, up 6.5% year-over-year
Total core revenues grow 1.5% year-over-year to $182.2 mln
Co repurchased 186,024 shares, indicating strategic financial management

Outlook

OFG Bancorp emphasizes digital strategy and customer experience investments

Result Drivers

LOAN ORIGINATION - Strong loan origination contributed to increased EPS and core revenues, per CEO José Rafael Fernández
DIGITAL STRATEGY - Omnichannel digital strategy and new product launches improved customer experience and operational efficiencies
LIQUIDITY INCREASE - New borrowings and brokered deposits increased liquidity to fund strategic growth in commercial loans

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Core Revenue		$182.20 mln
Q2 EPS		$1.15
Q2 CET1 Capital Ratio		14.0%
Q2 Investments		$2.78 bln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for OFG Bancorp is $48.00, about 8.3% above its July 16 closing price of $44.02

Press Release: ID:nBw5QDSlta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2552118486"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2552118486\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2552118486?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-17 19:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2552118486","market":"fut","top_or_hot":-1,"title":"Financial Holding Company OFG Bancorp's Q2 EPS rises 6.5%","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Financial Holding Company <a href=\"https://laohu8.com/S/OFG\">OFG Bancorp</a>'s <a href=\"https://laohu8.com/S/QTWO\">Q2</a> EPS rises 6.5%</title></head><body><p><span>Overview</span></p><ul><li><p>OFG Bancorp Q2 EPS rises to $1.15, up 6.5% year-over-year</p></li><li><p>Total core revenues grow 1.5% year-over-year to $182.2 mln</p></li><li><p>Co repurchased 186,024 shares, indicating strategic financial management</p></li></ul><p><span>Outlook</span></p><ul><li><p>OFG Bancorp emphasizes digital strategy and customer experience investments</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>LOAN ORIGINATION - Strong loan origination contributed to increased EPS and core revenues, per CEO José Rafael Fernández</p></li><li><p>DIGITAL STRATEGY - Omnichannel digital strategy and new product launches improved customer experience and operational efficiencies</p></li><li><p>LIQUIDITY INCREASE - New borrowings and brokered deposits increased liquidity to fund strategic growth in commercial loans</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q2 Core Revenue</p></td><td></td><td><p>$182.20 mln</p></td><td></td></tr><tr><td><p>Q2 EPS</p></td><td></td><td><p>$1.15</p></td><td></td></tr><tr><td><p>Q2 CET1 Capital Ratio</p></td><td></td><td><p>14.0%</p></td><td></td></tr><tr><td><p>Q2 Investments</p></td><td></td><td><p>$2.78 bln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 2 \"strong buy\" or \"buy\", 1 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"buy\"</p></li><li><p><a href=\"https://laohu8.com/S/WSCO\">Wall Street</a>'s median 12-month price target for OFG Bancorp is $48.00, about 8.3% above its July 16 closing price of $44.02</p></li></ul><p>Press Release: <span>ID:nBw5QDSlta</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Financial Holding Company OFG Bancorp's Q2 EPS rises 6.5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OFG","symbol_name":"OFG Bancorp","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nPLX3B5F32:2","article_id":"2552118486","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552118486","pubTimestamp":1752752672,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Financial Holding Company OFG Bancorp's Q2 EPS rises 6.5%OverviewOFG Bancorp Q2 EPS rises to $1.15, up 6.5% year-over-yearTotal core revenues grow 1.5% year-over-year to $182.2 mlnCo repurchased 186,0","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OFG":"OFG Bancorp"},"translate_title":"金融控股公司OFG Bancorp第二季度每股收益增长6.5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OFG":0.9},"content_text":"Financial Holding Company OFG Bancorp's Q2 EPS rises 6.5%OverviewOFG Bancorp Q2 EPS rises to $1.15, up 6.5% year-over-yearTotal core revenues grow 1.5% year-over-year to $182.2 mlnCo repurchased 186,024 shares, indicating strategic financial managementOutlookOFG Bancorp emphasizes digital strategy and customer experience investmentsResult DriversLOAN ORIGINATION - Strong loan origination contributed to increased EPS and core revenues, per CEO José Rafael FernándezDIGITAL STRATEGY - Omnichannel digital strategy and new product launches improved customer experience and operational efficienciesLIQUIDITY INCREASE - New borrowings and brokered deposits increased liquidity to fund strategic growth in commercial loansKey DetailsMetricBeat/MissActualConsensus EstimateQ2 Core Revenue$182.20 mlnQ2 EPS$1.15Q2 CET1 Capital Ratio14.0%Q2 Investments$2.78 blnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 2 \"strong buy\" or \"buy\", 1 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the banks peer group is \"buy\"Wall Street's median 12-month price target for OFG Bancorp is $48.00, about 8.3% above its July 16 closing price of $44.02Press Release: ID:nBw5QDSlta(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}