OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate

Earnings of OFG Bancorp (NYSE: OFG ) will most probably grow strongly on the back of decent loan growth. Meanwhile, the net interest margin will likely dip slightly thereby restricting earnings growth. Overall, I'm expecting earnings to grow by 9% to $4.19 per share in Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opin ...