OFG Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2024
April 18, 2024 at 06:04 pm IST
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OFG Bancorp reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 144.1 million compared to USD 135.9 million a year ago. Net income was USD 49.69 million compared to USD 46.23 million a year ago.
OFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).
OFG BANCORP 
