Welcome to our dedicated page for OFG Bancorp news (Ticker: OFG), a resource for investors and traders seeking the latest updates and insights on OFG Bancorp stock.
OFG Bancorp (OFG) provides essential banking, wealth management, and treasury services across Puerto Rico through subsidiaries like Oriental Bank. This news hub delivers verified updates about the company’s financial performance, strategic decisions, and market positioning.
Investors and analysts will find comprehensive coverage of earnings announcements, leadership changes, regulatory filings, and operational developments. Our curated collection ensures efficient tracking of key milestones including merger activity, dividend declarations, and service expansions.
All content is sourced from official press releases and trusted financial publications. Bookmark this page to monitor OFG’s evolving role in Caribbean banking markets and access historical announcements through our organized archive.
OFG Bancorp (NYSE: OFG) has declared a quarterly cash dividend of $0.15 per common share for the quarter ending June 30, 2022. This dividend will be payable on July 15, 2022 to shareholders on record as of June 30, 2022, with an ex-dividend date set for June 29, 2022. Operating for 58 years, OFG Bancorp is a diversified financial holding company primarily serving Puerto Rico and the U.S. Virgin Islands through its subsidiaries, which include Oriental Bank, Oriental Financial Services, and Oriental Insurance.
OFG Bancorp (NYSE: OFG) reported its 1Q22 financial results, achieving an EPS diluted of $0.76, up from $0.66 in 4Q21 and $0.56 in 1Q21. Total core revenues reached $136.4 million, slightly down from $141.0 million in the prior quarter. Key highlights include a net interest income of $105.2 million and a net charge-off rate of 0.04%. Customer deposits grew to $8.97 billion, while loans held for investment rose to $6.55 billion. The bank's CET1 ratio stands at 13.24%, following a share buyback of $33.5 million.
OFG Bancorp (NYSE: OFG) will release its first quarter 2022 financial results on April 21, 2022, before market opening. A conference call is scheduled for the same day at 10:00 AM ET. Investors can join the call using the toll-free number (800) 459-5346 or internationally at (203) 518-9544 with the conference ID OFGQ122. The call will also be streamed live via OFG's website, with a replay available shortly after.
OFG Bancorp, in operation for 58 years, serves Puerto Rico and the U.S. Virgin Islands through its subsidiaries.
OFG Bancorp (NYSE: OFG) announced a new stock repurchase plan authorized by its Board of Directors, totaling $100 million. This buyback is part of the company’s capital actions for 2022, reflecting a commitment to enhance shareholder value. Established for 58 years, OFG Bancorp operates primarily in Puerto Rico and the U.S. Virgin Islands, offering diverse financial services through its subsidiaries.
OFG Bancorp announced a 25% increase in its quarterly cash dividend, raising it from
OFG Bancorp (NYSE: OFG) reported its fourth quarter and full-year results for 2021. The company posted diluted EPS of $0.66 in 4Q21, down from $0.81 in 3Q21 but up from $0.42 in 4Q20. Total core revenues rose to $141 million in 4Q21, driven by strong net interest income of $104.2 million. For the full year, EPS increased to $2.81 from $1.32 in 2020. Key highlights include a $65.5 million sale of past due loans, a CET1 ratio of 13.77%, and a tangible book value per share increase of 12.4% year-over-year.
OFG Bancorp (NYSE: OFG) is set to report its fourth quarter 2021 financial results on January 19, 2022, prior to market opening, followed by a conference call at 10:00 AM ET. Interested participants can join the call using the toll-free number (800) 459-5346 or internationally at (203) 518-9544. The conference ID is OFGQ421. The live call will also be accessible on the OFG Bancorp website, with a replay available shortly thereafter.
OFG Bancorp has declared a quarterly cash dividend of
OFG Bancorp reported its third-quarter results for 2021, showing strong growth in net income and loan origination. New loan origination reached $556 million, and net interest income increased. Customer deposits rose by $154 million, while non-interest expenses fell by 5%. The provision for credit losses recorded a net benefit of $5 million, indicating improved asset quality. Earnings per share increased to $0.81, reflecting a solid performance against previous quarters.
OFG Bancorp (NYSE: OFG) is set to release its third quarter 2021 financial results on Wednesday, October 20, 2021, prior to market opening. A conference call will follow at 10:00 AM ET.
- Participant Toll-Free Phone Number: (877) 876-9174
- International Phone Number: (785) 424-1669
- Conference ID: OFGQ321
The call will also be available live on OFG’s website, with a replay accessible shortly after.
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