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OFG - OFG Bancorp: Government's Relief Funds To Play A Pivotal Role For Earnings
February, 24 2021 06:18 AM
OFG Bancorp
The new U.S. administration is moving forward with the disbursement of the relief funds, which will boost the Puerto Rican economy. The stimulus will likely lead to balance sheet growth and an improvement in the loan portfolio’s credit quality. The current market price is close to the year-end target price. Additionally, OFG is offering a low dividend yield. For further details see:
OFG Bancorp: Government's Relief Funds To Play A Pivotal Role For Earnings
Stock Information
Company Name:
OFG Bancorp
Stock Symbol:
OFG
Market:
NYSE
Website:
ofgbancorp.com
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