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OFG Bancorp

OFG US

OFG USOFG Bancorp

United States Composite

36.46

USD

-0.51

(-1.38%)

3.83EPS Dil.

9.46P/E

1.72BMarket Cap

2.38%Div. Yield

Next Earnings

April 18

Ex-Dividend Date

March 27

Dividend Date

April 15

Held by Insiders

2.50%

Held by Institutions

95.00%

Short % of Float

0.90%

YTD Yield

40.11%

3Y Yield

49.69%

5Y Yield

80.58%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

- -

LT Borrowings

227

301

201

LT Finance Leases

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

1,228

1,405

1,764

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

2,058

2,162

2,967

Cash, Cash Equivalents & STI

1,941

2,046

2,847

Accounts Receivable, Net

118

116

119

Inventories

- -

Total Current Liabilities

- -

Payables & Accruals

- -

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

5.42%

12.68%

13.27%

Net Income, GAAP

-201.32%

24.39%

9.64%

Free Cash Flow

38.53%

73.38%

109.02%

Total Cash Common Dividend

17.68%

27.44%

36.67%

Total Equity

3.16%

3.76%

14.49%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

119

123

124

132

497

2022

125

139

145

158

565

2023

152

158

160

170

640

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.57

0.78

0.81

0.69

2.84

2022

0.77

0.84

0.87

1.00

3.46

2023

0.97

0.93

0.95

1.01

3.85

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.10

0.08

0.12

0.10

0.41

2022

0.12

0.15

0.21

0.63

2023

0.20

0.22

0.23

0.87

Company Description

CEO: Mr. Jose Rafael Fernandez
Full Time Employees: 2,248
Sector: Financial Services
Industry: Banks - Regional
Address: 254 MuNoz Rivera Avenue San Juan PR United States 00918
CIK: 0001030469
Website: www.ofgbancorp.com
Business: OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, and individual retirement accounts; certificate of deposits, as well as time deposit products; commercial, consumer, auto leasing, and mortgage lending services; credit cards; cash management; financial planning and insurance services; and corporate and individual trust, and retirement services. In addition, it provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. Further, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; and various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments. Additionally, it offers money management and investment banking services; 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 provides investment brokerage, transactional, international trade financing, residential mortgage, and consumer finance services. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Company News

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4 days ago
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7 days ago
OFG (OFG) Loses -7.62% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Yahoo
7 days ago
OFG (OFG) Loses -7.62% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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7 days ago
OFG Bancorp (NYSE:OFG) Q1 2024 Earnings Call Transcript
Zacks
8 days ago
OFG Bancorp (OFG) Q1 Earnings Surpass Estimates
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8 days ago
OFG Bancorp (OFG) Q1 Earnings Surpass Estimates
Yahoo
8 days ago
OFG Bancorp Reports 1Q24 Results
Yahoo
a month ago
Chief Strategy Officer Ganesh Kumar Sells Shares of OFG Bancorp (OFG)
Yahoo
a month ago
OFG (OFG) Upgraded to Buy: What Does It Mean for the Stock?
Zacks
a month ago
OFG (OFG) Upgraded to Buy: What Does It Mean for the Stock?
Yahoo
a month ago
OFG Bancorp to Report 1Q24 Results and Hold Call Thursday, April 18, 2024
Yahoo
a month ago
Here's What We Like About OFG Bancorp's (NYSE:OFG) Upcoming Dividend
Yahoo
a month ago
Chief Strategy Officer Ganesh Kumar Sells Shares of OFG Bancorp (OFG)
Yahoo
2 months ago
OFG Bancorp CEO & Vice Chairperson BOD Jose Fernandez Sells 55,000 Shares

Company News

Zacks
4 days ago
New Strong Buy Stocks for April 22nd
Yahoo
4 days ago
Best Value Stocks to Buy for April 22nd
Zacks
4 days ago
Best Value Stocks to Buy for April 22nd
Zacks
7 days ago
OFG (OFG) Loses -7.62% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Yahoo
7 days ago
OFG (OFG) Loses -7.62% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Yahoo
7 days ago
OFG Bancorp (NYSE:OFG) Q1 2024 Earnings Call Transcript
Zacks
8 days ago
OFG Bancorp (OFG) Q1 Earnings Surpass Estimates
Yahoo
8 days ago
OFG Bancorp (OFG) Q1 Earnings Surpass Estimates
Yahoo
8 days ago
OFG Bancorp Reports 1Q24 Results
Yahoo
a month ago
Chief Strategy Officer Ganesh Kumar Sells Shares of OFG Bancorp (OFG)
Yahoo
a month ago
OFG (OFG) Upgraded to Buy: What Does It Mean for the Stock?
Zacks
a month ago
OFG (OFG) Upgraded to Buy: What Does It Mean for the Stock?
Yahoo
a month ago
OFG Bancorp to Report 1Q24 Results and Hold Call Thursday, April 18, 2024
Yahoo
a month ago
Here's What We Like About OFG Bancorp's (NYSE:OFG) Upcoming Dividend
Yahoo
a month ago
Chief Strategy Officer Ganesh Kumar Sells Shares of OFG Bancorp (OFG)
Yahoo
2 months ago
OFG Bancorp CEO & Vice Chairperson BOD Jose Fernandez Sells 55,000 Shares

Company Description

CEO: Mr. Jose Rafael Fernandez
Full Time Employees: 2,248
Sector: Financial Services
Industry: Banks - Regional
Address: 254 MuNoz Rivera Avenue San Juan PR United States 00918
CIK: 0001030469
Website: www.ofgbancorp.com
Business: OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, and individual retirement accounts; certificate of deposits, as well as time deposit products; commercial, consumer, auto leasing, and mortgage lending services; credit cards; cash management; financial planning and insurance services; and corporate and individual trust, and retirement services. In addition, it provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. Further, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; and various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments. Additionally, it offers money management and investment banking services; 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 provides investment brokerage, transactional, international trade financing, residential mortgage, and consumer finance services. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.