Company

OFG Bancorp

Headquarters: San Juan, PR, United States

Founded: Humacao, Puerto Rico

Employees: 2,269

CEO: Mr. Jose Rafael Fernandez

NYSE: OFG +2.30%

Market Cap

$1.73 Billion

USD as of July 1, 2024

Market Cap History

OFG Bancorp market capitalization over time

Evolution of OFG Bancorp market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of OFG Bancorp

Detailed Description

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; financial planning; and corporate and individual trust 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; separately-managed accounts and mutual fund asset allocation programs; and retirement planning, pension administration, trust, and other financial services. In addition, the company involved in the insurance agency business; administration of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers investment brokerage, and money and interest rate risk management, as well as derivatives and borrowings activities. The company operates through a network of 54 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is based in San Juan, Puerto Rico.

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Stocks & Indices

OFG Bancorp has the following listings and related stock indices.


Stock: NYSE: OFG wb_incandescent

Stock: FSX: OFP wb_incandescent

Product & Services

BankingChecking AccountsInsurancestock brokerageInvestment BankAsset-Based LendingConsumer finance

Key People

Jose Rafael Fernandez, President & CEO http://linkedin.com/in/jose-rafael-fernandez-83a05134 Julian S. Inclán, Chairman

Financials

Revenue: US$ 473.97 million (2020)

Operating income: US$ 94.826 million (2020)

Net income: US$ 74.327 million (2020)


Total assets: US$ 9.826 billion (2020)

Total equity: US$ 1.085 billion (2020)

Details

Headquarters:

254 Muñoz Rivera Avenue

San Juan, PR 00918

United States

Phone: 787-771-6800