NYSE:OFG

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Retrieved on: 
Wednesday, May 8, 2024
Banking, Professional Services, Finance

OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.25 per common share for the quarter ending June 30, 2024. The dividend is payable July 15, 2024, to holders of record at June 28, 2024, with an ex-dividend date of June 28, 2024.

Key Points: 

OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.25 per common share for the quarter ending June 30, 2024. The dividend is payable July 15, 2024, to holders of record at June 28, 2024, with an ex-dividend date of June 28, 2024.

OFG Bancorp Reports 1Q24 Results

Retrieved on: 
Thursday, April 18, 2024
Banking, Professional Services, Finance, Sale, GAAP, Pandemic, Credit, Treasury, Tangible common equity, Earthquake, Table, Conference, ETR, PPP, Digital, Retirement, Investment, TBV, Oriental Bank, EOP, FICA, Form 10-K, EPS, Acquisition, Workforce, Annual report, Government, Bank

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2024.
  • Compared to 4Q23, 1Q24 primarily reflected higher average balances and yields on investment securities, cash and loans.
  • 1Q24 included one fewer day than 4Q23, which reduced interest income by about $1.4 million.
  • A conference call to discuss 1Q24 results, outlook and related matters will be held today at 10:00 AM ET.

OFG Bancorp to Report 1Q24 Results and Hold Call Thursday, April 18, 2024

Retrieved on: 
Wednesday, March 27, 2024
Other Professional Services, Personal Finance, Data Analytics, Finance, Asset Management, Consulting, Banking, Professional Services, Software

OFG Bancorp (NYSE: OFG) will report first quarter 2024 financial results on Thursday, April 18, 2024, before the market opens and hold its conference call that morning at 10:00 AM ET.

Key Points: 
  • OFG Bancorp (NYSE: OFG) will report first quarter 2024 financial results on Thursday, April 18, 2024, before the market opens and hold its conference call that morning at 10:00 AM ET.
  • The call can also be accessed live on OFG’s website at www.ofgbancorp.com .
  • Webcast replay will be available shortly thereafter.
  • Visit the webcast link in advance to pre-register or download any necessary software.

OFG Bancorp Announces New $50 Million Share Repurchase Plan

Retrieved on: 
Wednesday, January 31, 2024
Banking, Professional Services, Finance

OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $50 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, replaces the prior one, which had $17.2 million remaining authorization.

Key Points: 

OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $50 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, replaces the prior one, which had $17.2 million remaining authorization.

OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend to $0.25

Retrieved on: 
Wednesday, January 31, 2024
Banking, Professional Services, Finance

OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 13.6%, to $0.25 per common share from $0.22 per share, for the quarter ending March 31, 2024, as part of OFG’s capital actions this year.

Key Points: 
  • OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 13.6%, to $0.25 per common share from $0.22 per share, for the quarter ending March 31, 2024, as part of OFG’s capital actions this year.
  • The dividend is payable April 15, 2024, to holders of record at March 28, 2024, with an ex-dividend date of March 27, 2024.

OFG Bancorp Reports 4Q23 & 2023 Results

Retrieved on: 
Wednesday, January 24, 2024
Banking, Professional Services, Finance, EOP, Employment, Credit, Earthquake, Tangible common equity, Sale, Delinquent, Government, Table, Form 10-K, GAAP, Investment, Pandemic, Conference, EPS, Oriental Bank, Comprehensive income, Small business, TBV, Annual report, Asset, Bank

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the fourth quarter and year ended December 31, 2023.
  • Compared to 3Q23, 4Q23 reflected annual insurance commission recognition of $2.5 million in wealth management revenues and lower mortgage servicing revenues.
  • The average balance of such wholesale funding was $602.0 million in 4Q23 compared to $266.4 million in 3Q23.
  • A conference call to discuss 4Q23 results, outlook and related matters will be held today at 10:00 AM ET.

OFG Bancorp to Report 4Q23 Results and Hold Call Wednesday, January 24, 2024

Retrieved on: 
Thursday, December 21, 2023
Banking, Professional Services, Finance, Software

OFG Bancorp (NYSE: OFG) will report fourth quarter 2023 financial results on Wednesday, January 24, 2024, before the market opens and hold its conference call that morning at 10:00 AM ET.

Key Points: 
  • OFG Bancorp (NYSE: OFG) will report fourth quarter 2023 financial results on Wednesday, January 24, 2024, before the market opens and hold its conference call that morning at 10:00 AM ET.
  • The call can also be accessed live on OFG’s website at www.ofgbancorp.com .
  • Webcast replay will be available shortly thereafter.
  • Visit the webcast link in advance to pre-register or download any necessary software.

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend

Retrieved on: 
Wednesday, October 25, 2023
Banking, Professional Services, Finance, OFG Bancorp, NYSE, OFG, Holding company

OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.22 per common share for the quarter ending December 31, 2023.

Key Points: 
  • OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.22 per common share for the quarter ending December 31, 2023.
  • The dividend is payable January 16, 2024, to holders of record at December 29, 2023, with an ex-dividend date of December 28, 2023.

OFG Bancorp Reports 3Q23 Results

Retrieved on: 
Friday, October 20, 2023
Banking, Professional Services, Finance, Asset, Disposable household and per capita income, Sale, Earthquake, NYSE, Delinquent, MBS, OFG Bancorp, Oriental Bank, Federal Reserve, Investment, Conference, GAAP, Credit, EPS, Annual report, Form 10-K, OFG, Lender option borrower option, Pandemic, Current Expected Credit Losses, Tangible common equity, Table, EOP, Cryptocurrency, Bank, Real estate, Security (finance)

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the third quarter ended September 30, 2023.

Key Points: 
  • OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the third quarter ended September 30, 2023.
  • Compared to 2Q23, 3Q23 primarily reflected higher yields (7.84% vs. 7.76%) on increased average balances of loans and higher yields on variable rate loans.
  • Compared to 2Q23, 3Q23 reflected higher cost of funds (1.07% vs. 0.84%) on increased average balances of deposits and borrowings.
  • A conference call to discuss 3Q23 results, outlook and related matters will be held today at 10:00 AM ET.

OFG Bancorp to Report 3Q23 Results and Hold Call Friday, October 20, 2023

Retrieved on: 
Friday, September 22, 2023
Banking, Professional Services, Finance, OFG, OFG Bancorp, Software, NYSE, Online shopping, Broadcasting

OFG Bancorp (NYSE: OFG) will report third quarter 2023 financial results on Friday, October 20, 2023, before the market opens and hold its conference call that morning at 10:00 AM ET.

Key Points: 
  • OFG Bancorp (NYSE: OFG) will report third quarter 2023 financial results on Friday, October 20, 2023, before the market opens and hold its conference call that morning at 10:00 AM ET.
  • The call can also be accessed live on OFG’s website at www.ofgbancorp.com .
  • Webcast replay will be available shortly thereafter.
  • Visit the webcast link in advance to pre-register or download any necessary software.