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OFG Bancorp

OFG
NYSEFinancials
$48.06
USD
+0.68(+1.44%)
At close: Jun 12, 20:00 UTC

Open

$47.90

Prev. Close

$47.90

High

$48.09

Low

$47.89

Market Snapshot

Market Cap

$2.07B

P/E Ratio

9.7

EPS

4.26

Revenue

$629.44M

Why OFG moved

OFG Bancorp increased its dividend by 16.7%, signaling strong financial health and attractiveness to investors while keeping a low payout ratio.

About

OFG Bancorp is a holding company, which engages in the provision of banking and financial services. The company employs 2,185 full-time employees The firm is engaged in providing banking and financial services through its subsidiaries. The firm operates through three segments: Banking, Wealth Management and Treasury. The firm provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The firm provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).

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