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OFGOFG Bancorp

NYSE · Financial Services · Banks - Regional

$52.12

+$0.07 (+0.13%)

OFG Bancorp (OFG) is a banks - regional company listed on NYSE. It is led by José Rafael Fernández, based in 254 MuNoz Rivera Avenue, San Juan, PR, United States, 00918, with about 2,181 employees. OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers savings accounts, certificates of deposit, individual retirement accounts personal, and commercial non-interest and interest-bearing checking accounts; time deposit products; and corporate trust services. It also provides commercial loans, auto loans, mortgage loans, as well as consumer loans, such as personal loans, residential solar panel loans, credit cards, lines of credit, and other loans; mortgage banking services; sale of loans and securitization activities; wealth management activities comprising securities brokerage, insurance agency, captive reinsurance, trust services, and other financial services; and various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients. In addition, the company's portfolio consists of mortgage-backed securities, obligations of U.S. government-sponsored agencies, U.S. Treasury securities, and money market instruments; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Net income was $51.8M. OFG currently screens at market cap $1.97B and trailing P/E 9.6.

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About OFG Bancorp

OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers savings accounts, certificates of deposit, individual retirement accounts personal, and commercial non-interest and interest-bearing checking accounts; time deposit products; and corporate trust services. It also provides commercial loans, auto loans, mortgage loans, as well as consumer loans, such as personal loans, residential solar panel loans, credit cards, lines of credit, and other loans; mortgage banking services; sale of loans and securitization activities; wealth management activities comprising securities brokerage, insurance agency, captive reinsurance, trust services, and other financial services; and various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients. In addition, the company's portfolio consists of mortgage-backed securities, obligations of U.S. government-sponsored agencies, U.S. Treasury securities, and money market instruments; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.

OFG Key Statistics

Market Cap

$1.97B

Volume

177,188

Previous Close

$52.36

Day Range

$51.87$52.52

P/E Ratio

9.62

P/B Ratio

1.44

EPS

$4.23

Revenue

$0.00

Net Income

$198.17M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

2.62%

Employees

2,181

OFG Financials

Annual income statement in USD. Latest reported periods first.

OFG annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$198.17M$181.87M$166.24M$146.15M
EPS (Diluted)$4.23$3.83$3.44$2.81

Total Assets

$11.50B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$591.14M

Operating Cash Flow

$252.50M

Free Cash Flow

$0.00

OFG Bancorp Company Information

President, CEO & Chairman
José Rafael Fernández
Headquarters
254 MuNoz Rivera Avenue, San Juan, PR, United States, 00918
Phone
787 771 6800
IPO / Founded
1990-03-28
Industry
Banks - Regional
Data Updated:

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