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OFG News and Press, OFG Bancorp From 10/20/21

Stock Information

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

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OFG - OFG Bancorp 2021 Q3 - Results - Earnings Call Presentation

The following slide deck was published by OFG Bancorp in conjunction with their 2021 Q3 earnings call. For further details see: OFG Bancorp 2021 Q3 - Results - Earnings Call Presentation

OFG - OFG Bancorp Reports 3Q21 Results

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the third quarter ended September 30, 2021. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “We had another strong overall quarterly performance ...

OFG - Shares of OFG Bancorp (OFG) Rise Above Previous 52-Week High

OFG Bancorp (NYSE:OFG) traded at a new 52-week high today of $25.56. Approximately 72,000 shares have changed hands today, as compared to an average 30-day volume of 215,000 shares. OFG Bancorp (NYSE:OFG) defies analysts with a current price ($25.42) 47.0% above its average consensus pri...

OFG - OFG Bancorp to Report 3Q21 Results and Hold Call Wednesday, October 20, 2021

OFG Bancorp (NYSE: OFG) will report third quarter 2021 financial results on Wednesday, October 20, 2021, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (877) 876-9174 Participant International Phone Number:...

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...

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