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OFG News and Press, OFG Bancorp From 03/09/22

Stock Information

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

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OFG - Is ICICI Bank Stock a Smart Investment in 2022?

Despite the bank posting stable financial performance in its last reported quarter, the stock of ICICI Bank (IBN) has lost momentum over the past months. So, let's evaluate if it is worth adding the stock to one’s portfolio considering the broader market’s sell-off, which has im...

OFG - OFG Bancorp Announces New Share Repurchase Program of $100 Million

OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new stock repurchase authorization plan of $100 million as part of OFG’s capital actions in 2022. About OFG Bancorp Now in its 58 th year in business, OFG Bancorp is a diversified financial ...

OFG - OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 25%

OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 25%, to $0.15 per common share from $0.12 per share, for the quarter ending March 31, 2022, as part of OFG’s capital actions in 2022. The dividend is payable April 18, ...

OFG - Oriental Financial Group (OFG) Q4 2021 Earnings Call Transcript

Image source: The Motley Fool. Oriental Financial Group (NYSE: OFG) Q4 2021 Earnings Call Jan 19, 2022 , 10:00 a.m. ET Operator Continue reading For further details see: Oriental Financial Group (OFG) Q4 2021 Earnings Call Transcript

OFG - OFG Bancorp Reports 4Q21 & 2021 Results

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the fourth quarter and year ended Dec. 31, 2021. Summary 4Q21: EPS diluted was $0.66 compared to $0.81 in 3Q21 and $0.42 in 4Q20. 4Q21 results were impacted by the strategic de...

OFG - Should You Buy the Dip in HDFC Bank?

The shares of India’s largest private-sector bank, HDFC Bank (HDB), have lost momentum over the past year due to increasing investor concerns surrounding the bank’s growing non-performing assets. However, with stable profit margins and strengthening credit card offerings, will H...

OFG - OFG Bancorp to Report 4Q21 Results and Hold Call Wednesday, January 19, 2022

OFG Bancorp (NYSE: OFG) will report fourth quarter 2021 financial results on Wednesday, January 19, 2022, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 459-5346 Participant International Phone Number...

OFG - OFG Bancorp: Loan Trend Remains Worrisome

A slow release of relief funds and the persistently high unemployment rate are creating concerns for loan growth. On the plus side, Puerto Rico is leading in handling the pandemic. The loan portfolio will likely bottom out soon. Further release of loan loss reserves is unlikely be...

OFG - OFG Bancorp declares $0.12 dividend

OFG Bancorp (NYSE:OFG) declares $0.12/share quarterly dividend, in line with previous. Forward yield 1.85% Payable Jan. 18; for shareholders of record Dec. 31; ex-div Dec. 30. See OFG Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: OFG Bancorp declares $...

OFG - Shares of OFG Bancorp (OFG) Exceed 52-Week High

Shares of OFG Bancorp (NYSE:OFG) traded today at $26.61, eclipsing its 52-week high. Approximately 78,000 shares have changed hands today, as compared to an average 30-day volume of 240,000 shares. OFG Bancorp is a financial holding company, through its subsidiaries provides banking and ...

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