OFG BANCORP

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Financials

Overview Finanzbericht Statistics Dividends

Quarterly Annual

Market Capitalization 1.78 B
Employee 2 217
Founded N/A
CEO Jose Rafael Fernandez
Website www.ofgbancorp.com
Headquarter Puerto Rico
FIGI BBG000F5VMF2
Industry Technology

Total revenue

Net income

Basic earnings per share (Basic EPS)

Total debt

Free cash flow

Cash & equivalents

1.78 B Market capitalization

Price to earnings ratio

8.95

Price to sales ratio

4.06

Dividends per share

1.2

Dividend yield %

2.93

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 $11.5 billion in assets, and approximately 2,246 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.