OFG Bancorp

OFG Bancorp

$41.8
-1.54 (-3.55%)
New York Stock Exchange
USD, US
Banks - Regional

OFG Price Chart

Basic
Market Cap$1.98B
Price$41.8
52 Week Range33.19-47.66
Beta1.01
Margins
Gross Profit Margin112.28%
Operating Profit Margin60.11%
Net Profit Margin23.93%
Valuation (TTM)
P/E Ratio10.07
Price to Sales Ratio2.38
Price to Book Ratio1.49
PEG Ratio2.47

Industry

Banks - Regional

Sector

Financial Services

Full-Time Employees

2,236

IPO Date

1987-03-26T00:00:00.000Z

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 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.

Phone

787 771 6800

Address

254 MuNoz Rivera Avenue, San Juan, PR, 00918, US

CIK

0001030469