OFG Bancorp to Ring Opening Bell to Celebrate 60th Anniversary and 30th Year Listing on NYSE
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SAN JUAN, Puerto Rico--(BUSINESS WIRE)--
OFG Bancorp (NYSE: OFG) today announced that management and board members will ring the opening bell at the New York Stock Exchange on Friday, October 25, to celebrate the 60th anniversary of the founding of its principal subsidiary, Oriental Bank, as well as OFG’s 30th anniversary of trading on the exchange.
José Rafael Fernández, Chairman and Chief Executive Officer, said: “We are extremely proud of what we’ve accomplished since 1964 when we were one of the smallest banks in Puerto Rico. Since then, we have been able to reach new heights, becoming one of the top three banks on the island. This is a credit to our dedicated teams who work tirelessly to help fulfill our purpose of making progress possible for our customers, employees, shareholders and the communities we serve. Today this is being enhanced through our ‘Digital First’ strategy of deploying faster, more efficient, self-service technology that is expanding our customer base and increasing engagement. We are more than ready to shape the future of OFG and Oriental.”
Since its NYSE listing on December 29, 1994, OFG Bancorp’s total return has increased 2,522% versus 2,112% for the S&P 500, according to Bloomberg data as of October 22, 2024.
About OFG Bancorp
Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services, and technology, primarily in Puerto Rico and U.S. Virgin Islands. Our mission is to make progress possible for our customers, employees, shareholders, and the communities we serve. Visit us at www.ofgbancorp.com.
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