earnings
confidence high
sentiment neutral
materiality 0.65
OFG Bancorp Q1 2025 EPS $1.00, down from $1.05 YoY; core revenue up 2.4%
OFG BANCORP
2025-Q1 EPS reported
$1.00
- EPS diluted $1.00 vs $1.05 in Q1 2024; total core revenues $178.3M vs $174.2M YoY.
- Loans held for investment $7.85B (+0.8% QoQ); customer deposits $9.76B (+$308M QoQ).
- Provision for credit losses $25.7M vs $15.1M YoY; net charge-offs 1.05% of avg loans.
- CET1 ratio 14.27%; tangible book value per share $26.66, up 13.2% YoY.
- Repurchased $23.4M common shares; increased quarterly common dividend by 20%.