OFG Bancorp Posts 4Q Loss of $977,000
SAN JUAN – Oriental Bank’s holding company, OFG Bancorp, reported Monday a fourth-quarter loss of $977,000, after reporting a profit in the same period a year earlier.
The bank, based in San Juan, said it had a loss of 10 cents per share.
The financial holding company posted revenue of $89.9 million in the period.
OFG shares have dropped 23 percent since the beginning of the year. The stock has dropped 65 percent in the last 12 months.