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OFG Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 143.54 million compared to USD 135.28 million a year ago. Net income was USD 46.6 million compared to USD 46.37 million a year ago.For the full year, net interest income was USD 560.87 million compared to USD 482.08 million a year ago. Net income was USD 181.87 million compared to USD 166.24 million a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 162.53 | 156.06 | 154.67 | 155.35 |
Gross Profit | 162.53 | 156.06 | 154.67 | 155.35 |
Operating Income | 74.84 | 68.3 | 66.15 | 68.84 |
Net Income | 46.6 | 44.87 | 44.17 | 46.23 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 11344.45 | 10257.14 | 10031.55 | 10057.58 |
Total Liabilities | 10150.97 | 9161.68 | 8931.8 | 8968.07 |
Total Equity | 1193.48 | 1095.46 | 1099.75 | 1089.51 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 107.52 | 88.79 | 47.14 | 52.2 |
Cash From Investing Activities | -856.26 | -572.67 | -45.94 | 70.12 |
Cash From Financing Activities | 964.21 | 217.6 | -49.72 | 174.71 |
Net Change in Cash | 215.47 | -266.27 | -48.52 | 297.03 |
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