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OFG Bancorp reports results for the quarter ended in March - Earnings Summary

* OFG Bancorp  OFG.N  reported quarterly adjusted earnings of
56 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
45 cents per share.
* Revenue fell 6.6% to $98.20 million from a year ago​; 
analysts expected $99.55 million.
* OFG Bancorp's reported EPS for the quarter was 56 cents​.
* The mean earnings estimate of analysts had risen by about 4.7%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* OFG Bancorp shares had fallen by 0.6% this quarter and
gained 21.3% so far this year.
* The company reported quarterly net income of $29.12 million.
* Wall Street's median 12-month price target for OFG Bancorp is
$24.75 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 21 at 01:12 p.m. GMT.
​All figures in US Dollars.​

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