OFG Bancorp
OFG-PD
New York Stock Exchange25.43
USD
- -
- -
CIK
0001030469
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- José Rafael Fernández
- Full Time Employees
- 2,231
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 254 Muñoz Rivera Avenue San Juan PR United States of America
- IPO Date
- Jun 7, 2013
- CIK
- 0001030469
- Website
- ofgbancorp.com
- Similar Companies
- Business
- OFG Bancorp, a diversified financial holding company founded in 1964 and headquartered in San Juan, Puerto Rico, operates under U.S., Puerto Rico, and U.S. Virgin Islands banking laws and regulations; its principal subsidiaries—Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC—offer retail and commercial banking products including checking and savings accounts, certificates of deposit, individual retirement accounts, time deposits, and corporate trust services; consumer and commercial lending such as auto loans, mortgage loans, personal loans, residential solar panel loans, credit cards, lines of credit, commercial real estate loans, and commercial and industrial loans; mortgage banking services encompassing loan sales and securitization; wealth management services comprising securities brokerage, insurance agency, captive reinsurance, trust services, financial planning, investment advisory, retirement plan administration, and investment products like tax-advantaged fixed income securities, mutual funds, stocks, and bonds; and treasury operations including mortgage-backed securities, U.S. government-sponsored agency obligations, U.S. Treasury securities, money market instruments, interest rate risk management, derivatives, and borrowings, primarily serving individual, small business, and institutional clients in Puerto Rico and the U.S. Virgin Islands through a network of approximately 50 branches in Puerto Rico and 2 in the U.S. Virgin Islands. In recent developments, OFG Bancorp expanded its mortgage servicing portfolio through strategic acquisitions adding $21.5 million in servicing assets to generate approximately $900,000 quarterly in mortgage banking fees; launched the Oriental Marketplace and a DGI Money Market fund in second-quarter 2025 to enhance its omnichannel digital strategy; reported record assets of $12.2 billion, core deposits of $9.9 billion, and loans held for investment of $8.2 billion as of second-quarter 2025, with continued growth into third-quarter 2025 including $8.12 billion in loans held for investment up nearly 5% year-over-year, new loan production of $623.9 million up 9%, and customer deposits of $9.82 billion; raised its full-year loan growth guidance amid a strong commercial lending pipeline and investments in artificial intelligence for customer experience and operational efficiency; and repurchased $20.4 million in common stock during third-quarter 2025 while sustaining robust credit metrics and EPS growth of 16% year-over-year.