HomeOFG • NYSE
OFG Bancorp
$44.41
After Hours:
$44.41
(0.00%)0.00
Closed: Sep 27, 4:02:37 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed security
Previous close
$44.38
Day range
$44.30 - $45.19
Year range
$28.32 - $47.57
Market cap
2.07B USD
Avg Volume
210.77K
P/E ratio
10.93
Dividend yield
2.25%
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
164.22M6.17%
Operating expense
90.57M2.32%
Net income
51.13M15.75%
Net profit margin
31.149.03%
Earnings per share
1.0816.13%
EBITDA
——
Effective tax rate
28.25%—
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
740.44M-7.33%
Total assets
11.26B12.24%
Total liabilities
10.03B12.31%
Total equity
1.23B—
Shares outstanding
46.56M—
Price to book
1.68—
Return on assets
1.82%—
Return on capital
——
Net change in cash
(USD)Jun 2024Y/Y change
Net income
51.13M15.75%
Cash from operations
95.09M101.70%
Cash from investing
-105.98M-130.68%
Cash from financing
-3.06M93.84%
Net change in cash
-13.96M71.22%
Free cash flow
——
About
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918. OFG Bancorp has $10.6 billion in assets, and approximately 2,248 employees. In 2010, Oriental acquired failed competitor Eurobank. In late 2012, Oriental completed the acquisition of Spain's Banco Bilbao Vizcaya Argentaria's Puerto Rican unit for $500 million in cash. The company changed its name to OFG Bancorp from Oriental Financial Group in 2013. In 2019, OFG Bancorp acquired all operations of Scotiabank within Puerto Rico and The United States Virgin Islands territories as part of a $550M cash deal. In 2023, OFG CEO José Rafael Fernández was named American Banker's Community Banker of the Year. Wikipedia
Founded
1964
Employees
2,239
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