OFG Bancorp Stock (NYSE:OFG)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$44.79

52W Range

$33.15 - $47.66

50D Avg

$42.13

200D Avg

$41.88

Market Cap

$2.01B

Avg Vol (3M)

$273.75K

Beta

0.76

Div Yield

$1.10 (2.46%)

OFG Company Profile


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, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also 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. In addition, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; 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; and management and participation in public offerings and private placements of debt and equity securities. Further, 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 operates through a network of 50 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

2,223

IPO Date

Mar 26, 1987

Website

OFG Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceSep 18Jun 18Mar 18
Banking$616.00K$542.00K$361.00K
Consolidated Total---
Intersegment Elimination$-616.00K$-542.00K$-361.00K
Treasury---
Wealth Management---
Major Segment$616.00K$542.00K$361.00K

Fiscal year ends in Dec 24 | Currency in USD

OFG Financial Summary


Dec 24Dec 23Dec 22
Revenue-$628.61M$613.77M
Operating Income-$264.53M$277.60M
Net Income$198.17M$181.87M$166.24M
EBITDA-$291.82M$268.53M
Basic EPS$4.25$3.85$3.46
Diluted EPS$4.25$3.82$3.44

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q1 25Apr 23, 25 | 10:00 AM
Q4 24Jan 22, 25 | 10:00 AM
Q3 24Oct 16, 24 | 10:00 AM

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