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OFG News and Press, OFG Bancorp From 08/13/21

Stock Information

Company Name: OFG Bancorp
Stock Symbol: OFG
Market: NYSE
Website: ofgbancorp.com

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OFG - Gator Capital Management Q2 2021 Investor Letter

At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises. For the second quarter of 2021, the Fund lagged both the overall market and the Financials sector benchmark....

OFG - LendingClub leads financial gainers, LendingClub and KE Holdings among losers

Gainers: LendingClub (NYSE:LC) +56%. MDJM (NASDAQ:MDJH) +14%. Ashford Hospitality Trust (NYSE:AHT) +11%. OFG Bancorp (NYSE:OFG) +6%. The Carlyle Group (NASDAQ:CG) +6%. Losers: LendingClub (NASDAQ:QFIN) -16%. KE Holdings (NYSE:BEKE) -10%. Nam Tai Property (NYSE:NTP) -9%. FinVolution Group (NYS...

OFG - OFG Bancorp Announces New Share Repurchase Program of $50 Million

OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new stock repurchase authorization plan of $50.0 million as part of OFG’s capital actions thus far in 2021. The new stock repurchase program replaces and supersedes the previous stock repurchase program app...

OFG - OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 50%

OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 50%, to $0.12 per common share from $0.08 per share, for the quarter ending September 30, 2021. The dividend is payable October 15, 2021, to holders of record at September 30,...

OFG - OFG Bancorp: Declining Loan Trend Likely To Reverse Soon

After declining for the last four quarters, the loan portfolio will likely reverse its trend because of improvement in Puerto Rico's economy. The provision expense will likely remain subdued in the remainder of 2021. For 2022, the provision expense will likely remain below normal. ...

OFG - OFG Bancorp (OFG) CEO Jose Rafael Fernandez on Q2 2021 Results - Earnings Call Transcript

OFG Bancorp (OFG) Q2 2021 Results Earnings Conference Call July 21, 2021, 10:00 am ET Company Participants Jose Rafael Fernandez - Chief Executive Officer, Vice Chairman of the Board Maritza Arizmendi - Chief Financial Officer Conference Call Participants Alex Twerdahl - Piper Sandler Jon Kra...

OFG - OFG Bancorp (OFG) Q2 2021 Earnings Call Transcript

Image source: The Motley Fool. OFG Bancorp (NYSE: OFG) Q2 2021 Earnings Call Jul 21, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: OFG Bancorp (OFG) Q2 2021 Earnings Call Transcript

OFG - OFG Bancorp 2021 Q2 - Results - Earnings Call Presentation

The following slide deck was published by OFG Bancorp in conjunction with their 2021 Q2 earnings call. For further details see: OFG Bancorp 2021 Q2 - Results - Earnings Call Presentation

OFG - OFG Bancorp Reports 2Q21 Results

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the second quarter ended June 30, 2021. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “We generated outstanding second quarter results. This re...

OFG - OFG Bancorp to Report 2Q21 Results and Hold Call Wednesday, July 21, 2021

OFG Bancorp (NYSE: OFG) will report second quarter 2021 financial results on Wednesday, July 21, 2021 before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (888) 562-3356 Participant International Phone Number: (9...

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