OFG Bancorp (NYSE:OFG) Stock, Quote.Headers.trade-ideas

OFG Bancorp

OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.

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Why Tellurian Shares Are Trading Higher By Around 65%; Here Are 20 Stocks Moving Premarket

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Following the market opening Wednesday, the Dow traded up 1.34% to 30,797.88 while the NASDAQ rose 0.02% to 12,820.97. The S&amp;P also rose, gaining 0.81% to 3,757.23.

Mid-Morning Market Update: Markets Open Higher; RPM International Earnings Top Views

Piper Sandler analyst Frank Schiraldi assumes OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) with a Overweight rating and announces Price Target of $49.

Price Target

Initiation

Analyst Ratings

Piper Sandler Assumes OFG Bancorp at Overweight, Announces Price Target of $49

Wells Fargo analyst Timur Braziler maintains OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) with a Overweight and raises the price target from $40 to $48.

Wells Fargo Maintains Overweight on OFG Bancorp, Raises Price Target to $48

Shares of Tellurian Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELL#NASDAQ">TELL</a>) rose sharply in today's pre-market trading after Woodside Energy announced plans to acquire the company for $900 million <a href="https://www.benzinga.com/quote/TELL/news">in all-cash deal</a>.
The implied enterprise value is around $1,200 million.
Tellurian shares jumped 65% to $0.9422 in pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Netcapital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCPL#NASDAQ">NCPL</a>) rose 43.8% to $0.1495 in pre-market trading after jumping more than 12% on Friday. Netcapital, last week, announced the launch of the beta version of its secondary trading platform.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) gained 36.8% to $10.33 in pre-market trading. Serve Robotics shares jumped 187% on Friday after Nvidia in a Form4 filing disclosed a stake in the company.</li>
<li>Richtech Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) shares climbed 29.2% to $1.90 in pre-market trading after gaining around 228% on Friday.</li>
<li>CISO Global Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISO#NASDAQ">CISO</a>) gained 28.6% to $0.7653 in pre-market trading. CISO Global announced a comprehensive solution to mitigate impact of recent security incident involving CrowdStrike and Microsoft.</li>
<li>NuZee, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUZE#NASDAQ">NUZE</a>) shares gained 21.8% to $1.34 in pre-market trading.</li>
<li>Nukkleus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUKK#NASDAQ">NUKK</a>) gained 18.7% to $0.3798 in pre-market trading.</li>
<li>TuanChe Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TC#NASDAQ">TC</a>) shares gained 16.8% to $1.80 in pre-market trading after falling 6% on Friday.</li>
<li>Twin Vee Powercats Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) rose 15.3% to $0.5590 in pre-market trading. Twin Vee PowerCats, last week, named Karl Zimmer as President.</li>
<li>OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) shares surged 14.5% to $49.99 in pre-market trading. The company, last week, posted downbeat quarterly sales.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Exicure, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCUR#NASDAQ">XCUR</a>) shares fell 23.4% to $0.41 in pre-market trading after surging 76% on Friday.</li>
<li>Portage Biotech Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTG#NASDAQ">PRTG</a>) shares fell 12.2% to $0.2010 in pre-market trading after gaining around 25% on Friday.</li>
<li>Ryanair Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYAAY#NASDAQ">RYAAY</a>) shares fell 11.6% to $101.10 in pre-market trading after the company said profits dipped 46% to 360 million euros (£303 million) for the three months to June 30.</li>
<li>Stronghold Digital Mining Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDIG#NASDAQ">SDIG</a>) shares declined 11.3% to $3.61 in pre-market trading after gaining over 9% on Friday.</li>
<li>Onconetix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONCO#NASDAQ">ONCO</a>) shares fell 9.8% to $0.1531 in pre-market trading after dipping around 22% on Friday.</li>
<li>Novo Integrated Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVOS#NASDAQ">NVOS</a>) fell 9.8% to $0.60 in pre-market trading. Novo Integrated Sciences shares gained 10% on Friday after the company announced that it received notice of the commencement of disbursement for the complete monetization of a Standby Letter of Credit and monetization program.</li>
<li>Safe and Green Development Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGD#NASDAQ">SGD</a>) shares declined 8.6% to $0.33 in pre-market trading after falling 8% on Friday.</li>
<li>Virios Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRI#NASDAQ">VIRI</a>) fell 8.4% to $0.2306 in pre-market trading after declining over 4% on Friday.</li>
<li>Salarius Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLRX#NASDAQ">SLRX</a>) shares dipped 7.1% to $1.70 in pre-market trading after falling around 25% on Friday. Salarius Pharmaceuticals was recently notified by MD Anderson Cancer Center of a Grade 4 adverse event in the Seclidemstat clinical trial.</li>
<li>NKGen Biotech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKGN#NASDAQ">NKGN</a>) shares fell 7% to $1.11 in pre-market trading after gaining 7% on Friday. NKGen Biotech, last week, announced it will present new SNK01 biomarker data at the Alzheimer&#8217;s Association International Conference.</li>
</ul>
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OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) reported quarterly sales of $147.325 million which missed the analyst consensus estimate of $152.564 million by 3.43 percent. This is a 5.53 percent increase over sales of $139.600 million the same period last year.

Earnings Beats

Earnings Misses

OFG Bancorp Q2 2024 Sales $147.325M Miss $152.564M Estimate

OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $0.96 by 12.5 percent. This is a 16.13 percent increase over earnings of $0.93 per share from the same period last year.

OFG Bancorp Q2 2024 GAAP EPS $1.08 Beats $0.96 Estimate

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Shares of banking stocks are trading higher amid sympathy with Bank of America after the company reported better-than-expected Q2 financial results.

<h3>Companies Reporting Before The Bell</h3>
&bull; Addex Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADXN#NASDAQ">ADXN</a>) is estimated to report earnings for its fourth quarter.
&bull; Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $5.09 billion.
&bull; Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is likely to report quarterly earnings at $1.31 per share on revenue of $18.41 billion.
&bull; TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) is projected to report earnings for its fourth quarter.
&bull; Ohmyhome (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMH#NASDAQ">OMH</a>) is likely to report earnings for its Fiscal Year 2023.
&bull; Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) is likely to report quarterly loss at $0.97 per share on revenue of $2.13 billion.
&bull; Snap-on (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) is projected to report quarterly earnings at $4.65 per share on revenue of $1.20 billion.
&bull; Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) is projected to report quarterly earnings at $0.61 per share on revenue of $253.42 million.
&bull; Infosys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $4.55 billion.
&bull; Berkshire Hills Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHLB#NYSE">BHLB</a>) is expected to report quarterly earnings at $0.47 per share on revenue of $89.01 million.
&bull; Ally Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $1.98 billion.
&bull; Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $2.16 per share on revenue of $5.84 billion.
&bull; Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) is likely to report quarterly earnings at $1.12 per share on revenue of $807.79 million.
&bull; KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is expected to report quarterly earnings at $0.22 per share on revenue of $1.51 billion.
&bull; Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) is projected to report quarterly earnings at $10.49 per share on revenue of $42.62 billion.
&bull; Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $182.26 million.
&bull; S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) is expected to report quarterly earnings at $0.79 per share on revenue of $95.94 million.
&bull; ManpowerGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>) is likely to report quarterly earnings at $0.91 per share on revenue of $4.43 billion.
&bull; Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) is expected to report quarterly earnings at $0.98 per share on revenue of $2.53 billion.
&bull; Iridium Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $193.75 million.
&bull; Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) is expected to report quarterly earnings at $1.01 per share on revenue of $337.83 million.
&bull; OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is projected to report quarterly earnings at $0.97 per share on revenue of $152.67 million.
&bull; Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) is estimated to report quarterly earnings at $2.80 per share on revenue of $6.39 billion.
&bull; Home BancShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOMB#NYSE">HOMB</a>) is expected to report quarterly earnings at $0.46 per share on revenue of $240.40 million.
&bull; Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is projected to report quarterly earnings at $0.72 per share on revenue of $325.91 million.
&bull; D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is likely to report quarterly earnings at $3.06 per share on revenue of $8.28 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Hilltop Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTH#NYSE">HTH</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $109.71 million.
&bull; Five Point Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPH#NYSE">FPH</a>) is expected to report earnings for its first quarter.
&bull; Provident Finl Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $92.95 million.
&bull; Western Alliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) is expected to report quarterly earnings at $1.67 per share on revenue of $697.64 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>) is estimated to report quarterly earnings at $1.11 per share on revenue of $174.77 million.
&bull; Banco Latinoamericano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLX#NYSE">BLX</a>) is expected to report earnings for its first quarter.
&bull; Glacier Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $171.99 million.
&bull; First Western Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYFW#NASDAQ">MYFW</a>) is expected to report quarterly earnings at $0.22 per share on revenue of $22.97 million.
&bull; Alpine Income Prop Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINE#NYSE">PINE</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $11.63 million.
&bull; Metropolitan Bank Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCB#NYSE">MCB</a>) is projected to report quarterly earnings at $1.34 per share on revenue of $64.56 million.
&bull; Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is likely to report quarterly earnings at $4.50 per share on revenue of $9.26 billion.
&bull; OceanFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NASDAQ">OCFC</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $87.72 million.
&bull; PPG Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) is expected to report quarterly earnings at $1.86 per share on revenue of $4.43 billion.
&bull; SB Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBFG#NASDAQ">SBFG</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $9.50 million.
&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is estimated to report quarterly earnings at $1.41 per share on revenue of $1.87 billion.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For April 18, 2024

OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) reported quarterly earnings of $1.05 per share which beat the analyst consensus estimate of $0.95 by 10.53 percent. This is a 9.38 percent increase over earnings of $0.96 per share from the same period last year.

OFG Bancorp Q1 EPS $1.05 Beats $0.95 Estimate, Reports Total Core Revenues Of $174.2M Higher Than 164.4M YoY

Wells Fargo analyst Timur Braziler maintains OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) with a Overweight and lowers the price target from $41 to $40.

Wells Fargo Maintains Overweight on OFG Bancorp, Lowers Price Target to $40

Buybacks

OFG Bancorp Announces New $50M Share Repurchase Plan

Wells Fargo analyst Timur Braziler maintains OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) with a Overweight and raises the price target from $40 to $41.

Wells Fargo Maintains Overweight on OFG Bancorp, Raises Price Target to $41

OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.93 by 5.38 percent. This is a 1.03 percent increase over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $143.50 million which beat the analyst consensus estimate of $141.62 million by 1.33 percent. This is a 6.06 percent increase over sales of $135.30 million the same period last year.

OFG Bancorp Q4 EPS $0.98 Beats $0.93 Estimate, Sales $143.50M Beat $141.62M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
&bull; General Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) is estimated to report quarterly earnings at $3.68 per share on revenue of $11.37 billion.
&bull; ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) is expected to report quarterly earnings at $5.27 per share on revenue of $7.53 billion.
&bull; Blue Foundry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLFY#NASDAQ">BLFY</a>) is likely to report quarterly loss at $0.15 per share on revenue of $9.55 million.
&bull; Prosperity Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PB#NYSE">PB</a>) is estimated to report quarterly earnings at $1.17 per share on revenue of $280.02 million.
&bull; Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) is likely to report quarterly earnings at $2.43 per share on revenue of $15.14 billion.
&bull; Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $3.15 billion.
&bull; OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is expected to report quarterly earnings at $0.93 per share on revenue of $141.62 million.
&bull; Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is expected to report quarterly earnings at $1.19 per share on revenue of $10.18 billion.
&bull; Stifel Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SF#NYSE">SF</a>) is expected to report quarterly earnings at $1.31 per share on revenue of $1.07 billion.
&bull; Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is estimated to report quarterly earnings at $1.54 per share on revenue of $4.98 billion.
&bull; United Community Banks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCBI#NASDAQ">UCBI</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $226.07 million.
&bull; AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) is expected to report quarterly earnings at $0.56 per share on revenue of $31.48 billion.
&bull; TE Connectivity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEL#NYSE">TEL</a>) is projected to report quarterly earnings at $1.71 per share on revenue of $3.86 billion.
&bull; New Oriental Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>) is projected to report quarterly earnings at $0.29 per share on revenue of $814.07 million.
&bull; LG Display Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPL#NYSE">LPL</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $5.61 billion.
&bull; Teledyne Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDY#NYSE">TDY</a>) is expected to report quarterly earnings at $5.04 per share on revenue of $1.47 billion.
&bull; Textron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) is projected to report quarterly earnings at $1.54 per share on revenue of $3.95 billion.
&bull; HBT Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBT#NASDAQ">HBT</a>) is likely to report quarterly earnings at $0.59 per share on revenue of $58.16 million.
&bull; Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) is projected to report quarterly earnings at $5.64 per share on revenue of $42.09 billion.
&bull; Simmons First Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFNC#NASDAQ">SFNC</a>) is likely to report quarterly earnings at $0.34 per share on revenue of $204.25 million.
&bull; First BanCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $206.11 million.
&bull; Sterling Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBT#NASDAQ">SBT</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $16.37 million.
&bull; Monro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNRO#NASDAQ">MNRO</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $324.22 million.
&bull; BOK Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOKF#NASDAQ">BOKF</a>) is likely to report quarterly earnings at $1.75 per share on revenue of $490.40 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $471.69 million.
&bull; CACI International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CACI#NYSE">CACI</a>) is estimated to report quarterly earnings at $4.47 per share on revenue of $1.84 billion.
&bull; IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) is projected to report quarterly earnings at $3.78 per share on revenue of $17.30 billion.
&bull; Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is estimated to report quarterly earnings at $0.74 per share on revenue of $25.59 billion.
&bull; Lavoro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVRO#NASDAQ">LVRO</a>) is likely to report quarterly loss at $0.10 per share on revenue of $366.65 million.
&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $3.63 billion.
&bull; Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is expected to report quarterly loss at $0.06 per share on revenue of $1.55 billion.
&bull; SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $378.36 million.
&bull; American Superconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) is likely to report quarterly loss at $0.06 per share on revenue of $34.00 million.
&bull; First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBMS#NASDAQ">FBMS</a>) is expected to report quarterly earnings at $0.68 per share on revenue of $58.42 million.
&bull; Amerant Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTB#NYSE">AMTB</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $91.30 million.
&bull; Packaging Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) is projected to report quarterly earnings at $1.83 per share on revenue of $1.91 billion.
&bull; Live Oak Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOB#NYSE">LOB</a>) is projected to report quarterly earnings at $0.44 per share on revenue of $116.63 million.
&bull; Liberty Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $1.09 billion.
&bull; First Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRBA#NASDAQ">FRBA</a>) is likely to report quarterly earnings at $0.39 per share on revenue of $29.58 million.
&bull; Raymond James Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>) is expected to report quarterly earnings at $2.26 per share on revenue of $3.06 billion.
&bull; Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $1.97 billion.
&bull; United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) is projected to report quarterly earnings at $10.93 per share on revenue of $3.62 billion.
&bull; Bridgewater Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWB#NASDAQ">BWB</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $27.00 million.
&bull; WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is likely to report quarterly earnings at $1.38 per share on revenue of $3.21 billion.
&bull; Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) is estimated to report quarterly earnings at $7.69 per share on revenue of $3.88 billion.
&bull; Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) is likely to report quarterly earnings at $0.61 per share on revenue of $2.90 billion.
&bull; RLI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) is estimated to report quarterly earnings at $1.49 per share on revenue of $357.64 million.
&bull; Plexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) is expected to report quarterly earnings at $1.08 per share on revenue of $987.63 million.
&bull; First Internet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INBK#NASDAQ">INBK</a>) is projected to report quarterly earnings at $0.31 per share on revenue of $19.28 million.
&bull; Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) is likely to report quarterly earnings at $0.64 per share on revenue of $122.80 million.
&bull; Colony Bankcorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBAN#NASDAQ">CBAN</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $28.40 million.
&bull; Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is estimated to report earnings for its fourth quarter.
&bull; Pathward Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASH#NASDAQ">CASH</a>) is expected to report quarterly earnings at $1.24 per share on revenue of $166.47 million.
&bull; ResMed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) is expected to report quarterly earnings at $1.79 per share on revenue of $1.15 billion.
&bull; Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) is expected to report quarterly earnings at $7.10 per share on revenue of $3.71 billion.
&bull; SL Green Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) is likely to report earnings for its fourth quarter.
&bull; Horizon Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBNC#NASDAQ">HBNC</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $52.34 million.
&bull; Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $72.97 million.
&bull; Washington Trust Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WASH#NASDAQ">WASH</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $33.23 million.
&bull; Origin Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OBK#NYSE">OBK</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $88.77 million.
&bull; Equity Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQBK#NYSE">EQBK</a>) is likely to report quarterly loss at $1.87 per share on revenue of $29.80 million.
&bull; Alerus Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALRS#NASDAQ">ALRS</a>) is likely to report quarterly earnings at $0.29 per share on revenue of $45.38 million.
&bull; Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $526.68 million.
&bull; Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) is estimated to report quarterly earnings at $1.06 per share on revenue of $197.95 million.
&bull; ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) is expected to report quarterly earnings at $2.78 per share on revenue of $2.40 billion.
&bull; Novagold Resources (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NG#AMEX">NG</a>) is estimated to report earnings for its fourth quarter.
&bull; Univest Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UVSP#NASDAQ">UVSP</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $71.25 million.
&bull; Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is likely to report quarterly earnings at $2.54 per share on revenue of $70.48 million.
&bull; Brookline Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRKL#NASDAQ">BRKL</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $85.19 million.
&bull; Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) is estimated to report quarterly earnings at $0.68 per share on revenue of $68.69 million.
&bull; Concentrix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) is estimated to report quarterly earnings at $3.08 per share on revenue of $2.20 billion.
&bull; Ethan Allen Interiors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETD#NYSE">ETD</a>) is projected to report quarterly earnings at $0.76 per share on revenue of $179.20 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ALRS

AMSC

AMTB

ASML

BLFY

BOKF

BRKL

CACI

CASH

CATY

CBAN

CNXC

COLB

New Oriental Education & Technology Group

EGBN

EQBK

FBMS

FRBA

HBNC

INBK

LBRT

LRCX

LVRO

MNRO

OSBC

PFBC

PLXS

SFNC

TSLA

UCBI

UVSP

WASH

Earnings Scheduled For January 24, 2024

OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-01-24. Here's what investors need to know before the announcement.
Analysts estimate that OFG Bancorp will report an earnings per share (EPS) of $0.93. 
OFG Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 0.0% drop in the share price the next day.
Here's a look at OFG Bancorp's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.94</td>
<td>0.88</td>
<td>0.86</td>
<td>0.92</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.95</td>
<td>0.93</td>
<td>0.96</td>
<td>0.97</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.69%</td>
<td>3.22%</td>
<td>1.54%</td>
<td>0.4%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706032884_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of OFG Bancorp were trading at $36.49 as of January 22. Over the last 52-week period, shares are up 32.64%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/OFG/earnings">To track all earnings releases for OFG Bancorp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For OFG Bancorp

<h3>What Defines a Value Stock?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Below is a list of notable value stocks in the financial services sector:</h2>
<ol>
<li>Western Union (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WU#NYSE">WU</a>) - P/E: 5.79</li>
<li>Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) - P/E: 8.2</li>
<li>Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) - P/E: 7.8</li>
<li>Citizens Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIZN#NASDAQ">CIZN</a>) - P/E: 8.55</li>
<li>OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) - P/E: 7.92</li>
</ol>
Most recently, Western Union reported earnings per share at $0.43, whereas in Q2 earnings per share sat at $0.51. Its most recent dividend yield is at 7.74%, which has decreased by 0.12% from 7.86% in the previous quarter.
Waterdrop's earnings per share for Q2 sits at $0.02, whereas in Q1, they were at 0.03. Most recently, Great Southern Bancorp reported earnings per share at $1.33, whereas in Q2 earnings per share sat at $1.52. The company's most recent dividend yield sits at 3.28%, which has increased by 0.24% from 3.04% last quarter. 
Citizens Holding's earnings per share for Q3 sits at $0.22, whereas in Q2, they were at 0.05. Its most recent dividend yield is at 6.28%, which has increased by 1.15% from 5.13% in the previous quarter.
OFG Bancorp's earnings per share for Q3 sits at $0.95, whereas in Q2, they were at 0.93. Its most recent dividend yield is at 3.04%, which has increased by 0.4% from 2.64% in the previous quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

CIZN

GSBC

A Look Into Financial Services Sector Value Stocks

CORRECTION: OFG Bancorp Q3 2023 Net Interest Income $141M.8M, Total Core Revenues $172.2M

<h3>Companies Reporting Before The Bell</h3>
&bull; Berkshire Hills Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHLB#NYSE">BHLB</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $94.82 million.
&bull; World Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRLD#NASDAQ">WRLD</a>) is likely to report quarterly earnings at $1.77 per share on revenue of $135.86 million.
&bull; American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) is projected to report quarterly earnings at $2.94 per share on revenue of $15.36 billion.
&bull; Interpublic Gr of Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $2.38 billion.
&bull; First BanCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $204.81 million.
&bull; Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) is likely to report quarterly earnings at $1.69 per share on revenue of $878.71 million.
&bull; Autoliv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>) is projected to report quarterly earnings at $1.84 per share on revenue of $2.64 billion.
&bull; Euronet Worldwide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEFT#NASDAQ">EEFT</a>) is estimated to report quarterly earnings at $2.70 per share on revenue of $983.96 million.
&bull; Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) is estimated to report earnings for its second quarter.
&bull; SLB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $8.33 billion.
&bull; OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $156.56 million.
&bull; Huntington Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBAN#NASDAQ">HBAN</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $1.82 billion.
&bull; Sensient Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SXT#NYSE">SXT</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $371.80 million.
&bull; Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) is projected to report quarterly earnings at $0.58 per share on revenue of $1.89 billion.
<h3>&nbsp;</h3>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

EEFT

SIFY

WRLD

Earnings Scheduled For October 20, 2023

OFG Bancorp Q3 EPS $0.95 Beats $0.94 Estimate, Net Interest Income $141M.8M, Total Core Revenues $172.2M

OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is set to give its latest quarterly earnings report on Friday, 2023-10-20. Here's what investors need to know before the announcement.
Analysts estimate that OFG Bancorp will report an earnings per share (EPS) of $0.94. 
OFG Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.05, which was followed by a 3.22% increase in the share price the next day.
Here's a look at OFG Bancorp's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.88</td>
<td>0.86</td>
<td>0.92</td>
<td>0.85</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.93</td>
<td>0.96</td>
<td>0.97</td>
<td>0.87</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.22%</td>
<td>1.54%</td>
<td>0.4%</td>
<td>2.51%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1697724091_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of OFG Bancorp were trading at $30.06 as of October 18. Over the last 52-week period, shares are up 10.45%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/OFG/earnings">To track all earnings releases for OFG Bancorp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

OFG Bancorp's Earnings: A Preview

The most overbought stocks in the financial sector presents an opportunity to go short on these overvalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70.</a>
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>First Savings Financial Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fsfg#NASDAQ">FSFG</a>)</h3>
<ul>
<li>First Savings Financial Group reported net income of $2.3 million, or $0.34 per diluted share, for the quarter ended June 30, 2023. Larry W. Myers, President and CEO, said, &ldquo;This challenging environment for the banking industry will pass, but as it persists we&rsquo;re active to realign the balance sheet, stabilize the margin, manage expenses and make select investments in opportunities that will be fruitful in future quarters and years.&rdquo; The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/FSFG">52-week high of $24.09. </a>.</li>
<li>RSI Value: 70.40</li>
<li>FSFG Price Action: Shares of First Savings Financial fell 4.1% to close at $17.27 on Thursday.</li>
</ul>
<h3>Provident Bancorp, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pvbc#NASDAQ">PVBC</a>)</h3>
<ul>
<li>Provident Bancorp reported better-than-expected second-quarter earnings. Carol Houle, Co-Chief Executive Officer and Chief Financial Officer said, &quot;Net interest margin has declined significantly due to our cost of funds outpacing yield on assets. The ten rate hikes since the beginning of 2022, coupled with the speed in which deposits can be moved, has pressured banks to increase deposit rates at a faster pace to remain competitive.&quot; The company&rsquo;s <a href="https://www.benzinga.com/quote/PVBC"> stock has a 52-week high </a> of $15.34.</li>
<li>RSI Value: 70.87</li>
<li>PVBC Price Action: Shares of Provident Bancorp fell 1.9% to close at $9.77 on Thursday.</li>
</ul>
<h3>OFG Bancorp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ofg#NYSE">OFG</a>)</h3>
<ul>
<li>OFG Bancorp posted better-than-expected second-quarter results. Jos&eacute; Rafael Fern&aacute;ndez, Chief Executive Officer, said, &quot;The second quarter generated year-over-year increases of 16.5% in total core revenues and 10.7% in earnings per share. The period was highlighted by strong loan production, stable core deposits along with low cumulative deposit beta of 16% and increased operating leverage.&quot; The company has a <a href="https://www.benzinga.com/quote/OFG"> 52-week high </a> of $34.30.</li>
<li>RSI Value: 72.46</li>
<li>OFG Price Action: Shares of OFG Bancorp fell 1.1% to close at $33.28 on Thursday.</li>
</ul>
<h3>Medallion Financial Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mfin#NASDAQ">MFIN</a>)</h3>
<ul>
<li>Medallion Finl reported better-than-expected second-quarter financial results. Donald Poulton, President and Chief Executive Officer of Medallion Bank, stated, &ldquo;Quarterly earnings surpassed our own expectations, largely due to strong collection activity on our legacy medallion portfolio and our borrowers&rsquo; ongoing resilience.&rdquo; The company&rsquo;s 52-week high is $10.14.</li>
<li>RSI Value: 77.04</li>
<li>MFIN Price Action: Shares of Medallion Financial fell 1.1% to close at $9.82 on Thursday.</li>
</ul>
<h3>Live Oak Bancshares, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lob#NYSE">LOB</a>)</h3>
<ul>
<li>Live Oak Bancshares posted upbeat quarterly results. &ldquo;This is a seminal moment in Live Oak&rsquo;s history,&rdquo; said Live Oak Chairman and CEO James S. (Chip) Mahan III. &ldquo;The last few months put mounting pressure on many financial institutions. While Live Oak sits in a unique and strong position, others across the industry still see headwinds as credit continues to tighten, the branch model remains costly, and customers demand higher deposit rates.&rdquo; The company <a href="https://www.benzinga.com/quote/LOB"> has a 52-week high </a> of $43.72.</li>
<li>RSI Value: 78.61</li>
<li>LOB Price Action: Shares of Live Oak Bancshares fell 0.9% to settle at $37.09 on Thursday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/08/33567089/amazon-owens-minor-and-3-stocks-to-watch-heading-into-friday"> Amazon, Owens &amp; Minor And 3 Stocks To Watch Heading Into Friday </a>

OFG Bancorp GAAP EPS of $1.08 beats by $0.12

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OFG Bancorp (NYSE:<a href="https://investorplace.com/stock-quotes/ofg-stock-quote/">OFG</a>) just reported results for the second quarter of 2024.<ul><li>OFG Bancorp reported earnings per share of $1.08. This was above the analyst estimate for EPS of 96 cents.</li><li>The company reported revenue of $147.40 million.</li><li>This was 3.38% worse than the analyst estimate for revenue of $152.56 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/07/ofg-stock-earnings-ofg-bancorp-for-q2-of-2024/">OFG Stock Earnings: OFG Bancorp Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

OFG Stock Earnings: OFG Bancorp Beats EPS, Misses Revenue for Q2 2024

OFG Bancorp 2024 Q2 - Results - Earnings Call Presentation

OFG Bancorp (OFG) Q2 2024 Earnings Call Transcript

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on OFG Bancorp (OFG – Research Report) and Platinum As...

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Wells Fargo analyst Timur Braziler maintained a Buy rating on OFG Bancorp (OFG – Research Report) yesterday and set a price target of $48.00. Timur...

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