OFG 41.57 OFG Bancorp
Range: | 28.32-47.57 | Vol Avg: | 231182 | Last Div: | 1 | Changes: | 1.4 |
Beta: | 1 | Cap: | 2.06B | Currency: | USD | Exchange: | NYSE |
Sector: | Financial Services | IPO: | Thu Mar 26 1987 | Empoloyees: | 2239 |
CUSIP: | 67103X102 | CIK: | 0001030469 | ISIN: | PR67103X1020 | Country: | US |
CEO: | Mr. José Rafael Fernández | Website: | https://www.ofgbancorp.com |
OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. In addition, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company operates through a network of 50 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.
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