OFG Bancorp (OFG)

9.50
NYSE : Financial
Prev Close 9.55
Day Low/High 9.40 / 9.68
52 Wk Low/High 8.40 / 14.47
Avg Volume 190.10K
Exchange NYSE
Shares Outstanding 43.95M
Market Cap 419.70M
EPS 1.00
P/E Ratio 8.60
Div & Yield 0.24 (2.50%)

Latest News

OFG's Oriental Responds To Client Needs After Irma: No Late Fees For September Loan Payments

OFG's Oriental Responds To Client Needs After Irma: No Late Fees For September Loan Payments

OFG Bancorp (NYSE:OFG) announced today that its Oriental Bank subsidiary will not charge late-payment fees for September loan payments, extending the grace period for a maximum of another 30 days.

Cash Dividend On The Way From OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B

On 9/14/17, OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B will trade ex-dividend, for its monthly dividend of $0.1458, payable on 10/2/17. As a percentage of OFG.

OFG Bancorp Reports Operations Normal

OFG Bancorp Reports Operations Normal

OFG Bancorp (NYSE:OFG) reported one day after Hurricane Irma struck Puerto Rico that it is up and operating, with corporate offices and all but two of its 48 financial centers open for business as usual.

OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends

OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends

OFG Bancorp (NYSE: OFG) today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the quarter ending September 30, 2017: $21.

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.

OFG Bancorp Becomes Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. OFG Bancorp presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

OFG Bancorp To Present At KBW 2017 Community Bank Investor Conference

OFG Bancorp To Present At KBW 2017 Community Bank Investor Conference

OFG Bancorp (NYSE:OFG) today announced that José Rafael Fernández, President, Chief Executive Officer, and Vice Chairman of the Board, and Ganesh Kumar, Senior Executive Vice President and Chief Operating Officer,...

OFG Bancorp Reports 2Q17 Results

OFG Bancorp Reports 2Q17 Results

OFG Bancorp (NYSE:OFG) today reported results for the second quarter ended June 30, 2017.

OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A About To Put More Money In Your Pocket

OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A About To Put More Money In Your Pocket

On 7/12/17, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A will trade ex-dividend, for its monthly dividend of $0.1484, payable on 7/31/17. As a percentage of OFG.

OFG Bancorp To Report 2Q17 Results And Hold Conference Call On Friday, July 21, 2017

OFG Bancorp To Report 2Q17 Results And Hold Conference Call On Friday, July 21, 2017

OFG Bancorp (NYSE:OFG) will report second quarter 2017 financial results Friday, July 21, 2017 before the market opens and hold its conference call later that morning at 10:00 AM ET.

Ex-Div Reminder For OFG Bancorp (OFG)

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/17, OFG Bancorp will trade ex-dividend, for its quarterly dividend of $0.06, payable on 7/17/17. As a percentage of OFG's recent stock price of $9.72, this dividend works out to approximately 0.62%, so look for shares of OFG Bancorp to trade 0.62% lower — all else being equal — when OFG shares open for trading on 6/28/17.

YieldBoost OFG Bancorp To 28.8% Using Options

YieldBoost OFG Bancorp To 28.8% Using Options

Shareholders of OFG Bancorp looking to boost their income beyond the stock's 2.5% annualized dividend yield can sell the August covered call at the $10 strike and collect the premium based on the 40 cents bid, which annualizes to an additional 26.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 28.8% annualized rate in the scenario where the stock is not called away. Any upside above $10 would be lost if the stock rises there and is called away, but OFG shares would have to advance 2.6% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 6.7% return from this trading level, in addition to any dividends collected before the stock was called.

OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B Goes Ex-Dividend Soon

OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B Goes Ex-Dividend Soon

On 6/13/17, OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B will trade ex-dividend, for its monthly dividend of $0.1458, payable on 6/30/17. As a percentage of OFG.

Oversold Conditions For OFG Bancorp (OFG)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends

OFG Bancorp (NYSE:OFG) today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the second quarter ending June 30, 2017: $21.

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

OFG Bancorp (NYSE:OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.

OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B About To Put More Money In Your Pocket

On 5/11/17, OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B will trade ex-dividend, for its monthly dividend of $0.1458, payable on 5/31/17. As a percentage of OFG.

OFG Bancorp Reports 1Q17 Results

OFG Bancorp (NYSE:OFG) today reported results for the first quarter ended March 31, 2017.

OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A About To Put More Money In Your Pocket

On 4/11/17, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A will trade ex-dividend, for its monthly dividend of $0.1484, payable on 5/1/17. As a percentage of OFG.

OFG's Oriental Launches 1st Online Personal Loan App In Puerto Rico

OFG Bancorp (NYSE:OFG) today announced that its Oriental Bank subsidiary has introduced the first fully integrated online application in Puerto Rico for secured or unsecured personal loans.

OFG Bancorp To Report 1Q17 Results And Hold Conference Call On Friday, April 21, 2017

OFG Bancorp (NYSE: OFG) will report first quarter 2017 financial results Friday, April 21, 2017 before the market opens and hold its conference call later that morning at 10:00 AM ET.

OFG Bancorp's Preferred Stock, Series A Shares Cross 7.5% Yield Mark

In trading on Tuesday, shares of OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A were yielding above the 7.5% mark based on its monthly dividend (annualized to $1.7812), with shares changing hands as low as $23.55 on the day. This compares to an average yield of 5.63% in the "Financial" preferred stock category, according to Preferred Stock Channel.

OFG Bancorp's Series D Non-Cumulative Perpetual Preferred Stock About To Put More Money In Your Pocket

On 3/29/17, OFG Bancorp's Series D Non-Cumulative Perpetual Preferred Stock will trade ex-dividend, for its quarterly dividend of $0.4453, payable on 4/17/17. As a percentage of OFG.

Ex-Div Reminder For OFG Bancorp (OFG)

Looking at the universe of stocks we cover at Dividend Channel, on 3/29/17, OFG Bancorp will trade ex-dividend, for its quarterly dividend of $0.06, payable on 4/17/17. As a percentage of OFG's recent stock price of $10.60, this dividend works out to approximately 0.57%, so look for shares of OFG Bancorp to trade 0.57% lower — all else being equal — when OFG shares open for trading on 3/29/17.

November 17th Options Now Available For OFG Bancorp (OFG)

Investors in OFG Bancorp saw new options become available today, for the November 17th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

OFG Bancorp Becomes Oversold (OFG)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

Ex-Div Reminder for OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A

On 3/13/17, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A will trade ex-dividend, for its monthly dividend of $0.1484, payable on 3/31/17. As a percentage of OFG.

OFG Bancorp Names Ganesh Kumar As COO, Head Of Retail Business; Maritza Arizmendi As CFO

OFG Bancorp (NYSE: OFG) today named Ganesh Kumar, formerly Executive Vice President and Chief Financial Officer, as Senior Executive Vice President and Chief Operating Officer, in charge of all retail operations, which...

TheStreet Quant Rating: C (Hold)