OFG OFG Bancorp Dashboard

Now in its 56th 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.

Company profile

Ticker

OFG, OFG+B, OFG+A

Exchange

NYSE

Website

www.ofgbancorp.com/

CEO

Jose Fernandez

Incorporated

Puerto Rico

Location

Puerto Rico

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Citizens Financial • Northern Trust • M & T Bank • Bank Of New York Mellon • Fifth Third Bancorp • Popular • Associated Banc-Corp. • First Citizens Bancshares, Inc • Commerce Bancshares ...

Former names

ORIENTAL FINANCIAL GROUP INC

SEC CIK

0001030469

Corporate docs

Articles of Incorporation & Bylaws

IRS number

660538893

OFG stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Tuesday

6 Apr 21

This morning 263 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Monday

5 Apr 21

Monday's morning session saw 277 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

Stocks That Hit 52-Week Highs On Wednesday

10 Mar 21

Stocks That Hit 52-Week Highs On Monday

8 Mar 21

Press releases

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OFG Bancorp to Report 1Q21 Results and Hold Call Wednesday, April 21, 2021

30 Mar 21

OFG Bancorp (NYSE:OFG) will report first quarter 2021 financial results Wednesday, April 21, 2021 before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number:

OFG Bancorp Announces Redemption of Series A, B and D Preferred Stock

29 Mar 21

OFG Bancorp (NYSE:OFG) today announced the redemption of all three series of currently outstanding preferred stock, each at a redemption price of $25.00 per share. José Rafael Fernández, Chief Executive Officer, said:

OFG Bancorp Declares Series D Preferred Stock Regular Quarterly Cash Dividend

27 Jan 21

OFG Bancorp (NYSE:OFG) today announced that its Board of Directors declared a regular cash dividend of $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP: 67103X409), for the

OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 14%

27 Jan 21

OFG Bancorp to Host Earnings Call

25 Jan 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

26 Feb 21

11 Apr 21

31 Dec 21

Financial summary

Financial statements Chart OFG financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from OFG Bancorp earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.16B	2.16B	2.16B	2.16B	2.16B	2.16B
Cash burn (monthly)	42.49M	(positive/no burn)	(positive/no burn)	(positive/no burn)	25.45M	7.39M
Cash used (since last report)	143.34M	n/a	n/a	n/a	85.86M	24.91M
Cash remaining	2.01B	n/a	n/a	n/a	2.07B	2.13B
Runway (months of cash)	47.4	n/a	n/a	n/a	81.3	288.5

Beta Read what these cash burn values mean

Recent insider trades

OFG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
7 Apr 21	Maritza Arizmendi	Restricted Units Common Stock	Grant	Aquire A	No	No	7,300	12,096
5 Apr 21	Pedro Morazzani	Restricted Units Common Stock	Grant	Aquire A	No	No	2,300	5,590
4 Apr 21	Jose E. Cabrera	Restricted Units Common Stock	Grant	Aquire A	No	No	3,500	6,000
1 Apr 21	Kumar Ganesh	Restricted Units Common Stock	Grant	Aquire A	No	No	19,450	31,949
30 Mar 21	Harnett Sue	Restricted Units Common Stock	Grant	Aquire A	No	No	2,300	3,300

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

OFG institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

89.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	137	142	-3.5%
Opened positions	12	15	-20.0%
Closed positions	17	11	+54.5%
Increased positions	43	36	+19.4%
Reduced positions	45	50	-10.0%

13F shares	Current	Prev Q	Change
Total value	1.04B	719.37M	+44.9%
Total shares	46.06M	44.47M	+3.6%
Total puts	0	17.5K	EXIT
Total calls	0	23.2K	EXIT
Total put/call ratio	–	0.8	–

Largest owners	Shares	Value	Change
BLK Blackrock	7.52M	$139.41M	+0.5%
Vanguard	5.73M	$106.19M	+1.8%
Dimensional Fund Advisors	4.07M	$75.5M	-1.1%
Barrow Hanley Mewhinney & Strauss	3.7M	$68.57M	-6.6%
FMR	2.39M	$44.39M	-0.0%
Arctis Global	1.79M	$33.27M	NEW
STT State Street	1.77M	$32.92M	-1.8%
Stilwell Value	1.74M	$32.26M	0.0%
X-Square Capital	1.49M	$27.64M	0.0%
LSV Asset Management	1.18M	$21.97M	-3.8%

Largest transactions	Shares	Bought/sold	Change
Arctis Global	1.79M	+1.79M	NEW
Voya Investment Management	540.99K	+470.92K	+672.1%
Barrow Hanley Mewhinney & Strauss	3.7M	-261.94K	-6.6%
Grantham, Mayo, Van Otterloo & Co.	236.45K	-204.5K	-46.4%
Millennium Management	169.81K	+131.57K	+344.1%
Vanguard	5.73M	+99.97K	+1.8%
Ajo	0	-92.78K	EXIT
Renaissance Technologies	0	-86.72K	EXIT
Voloridge Investment Management	20.15K	-65.26K	-76.4%
Arrowstreet Capital, Limited Partnership	436.38K	-60.07K	-12.1%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

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Removed: accrete, accreted, accretion, aforementioned, AICPA, ALLL, analyzing, approached, buying, casualty, confirm, contractually, convenient, Conversely, convert, credited, deep, derive, determinable, diesel, downturn, earliest, efficient, electric, environmental, feature, force, geographical, hereof, internally, LOCOM, mode, month, nonaccretable, nonmarketable, observed, Panel, passed, permanent, Polan, positively, procedure, profit, proper, pursue, recovered, recruit, refinance, reliable, removal, renewal, repeal, repledge, scoped, served, shortfall, Statistical, stemming, strongly, struck, subsection, supplemented, talented, Task, transparency, trend, unaudited, unexpected, validation

From filing 10-K 2020 FY