Overview
Oriental
Puerto Ricans may say "OMG" after seeing the wide variety of financial services that OFG Bancorp offers. Holding company OFG Bancorp's main subsidiary, Oriental Bank and Trust, serves mid- to high-net-worth consumers and entrepreneurs by offering up a mix of banking, insurance, trust, brokerage, and financial planning services through more than 50 branches and 330-plus ATMs across Puerto Rico. Residential mortgages make up more than three-quarters
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Read More of the bank's loan portfolio, which also includes commercial mortgages, business loans, and home equity loans. Florida-based subsidiary Caribbean Pension Consultants administers retirement plans. The company changed its name from Oriental Financial Group in 2013.
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Read More of the bank's loan portfolio, which also includes commercial mortgages, business loans, and home equity loans. Florida-based subsidiary Caribbean Pension Consultants administers retirement plans. The company changed its name from Oriental Financial Group in 2013.
Read Less
Jose Rafael Fernandez
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Depository Credit Intermediation
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Credit Intermediation and Related Activities
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Finance and Insurance
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State commercial banks
Activities Related to Credit Intermediation
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Agencies, Brokerages, and Other Insurance Related Activities
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Insurance Carriers
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Insurance and Employee Benefit Funds
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Monetary Authorities-Central Bank
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Nondepository Credit Intermediation
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Other Financial Investment Activities
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Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
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Modelled
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Actual
$873.53 million
Actual
3.25%
8.96%
$11,500
DEC
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NYSE:OFG
Contacts
Get in Touch with 7 Principals* and 20 Contacts
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Jose Rafael FernandezVice Chairman of the Board and Chief Executive Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$873.53 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $252 | $296 | $164 |
Net Investing Cash | -$336 | -$1,405 | -$1,513 |
Net Financing Cash | -$74 | $1,307 | -$125 |
Net Change in Cash | -$157 | $198 | -$1,473 |
Cash at Beginning of Period | $748 | $550 | $2,024 |
Cash at End of Period | $591 | $748 | $550 |
Capital Expenditure | -$42 | -$18 | -$31 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $591 | $748 | $550 |
Accounts Receivable | $72 | $71 | $62 |
Inventories | $ | $ | $ |
Other Current Assets | $ | $ | $ |
Asset Summary | |||
Total Current Assets | $ | $ | $ |
Tangible Fixed Assets | $124 | $126 | $132 |
Intangible Assets | $85 | $70 | $79 |
Total Assets | $11,501 | $11,344 | $9,819 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $ | $ | $ |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $ | $ | $ |
Liability Summary | |||
Total Current Liabilities | $ | $ | $ |
Long-Term Debt | $326 | $201 | $27 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $10,246 | $10,151 | $8,776 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
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Equity | |||
Common Stock | $60 | $60 | $60 |
Retained Earnings | $772 | $639 | $516 |
Equity Summary | |||
Total Equity | $1,254 | $1,193 | $1,042 |
Shares Outstanding | 45,440,269 | 47,065,156 | 47,581,375 |