OFG Bancorp Stock News

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share for the quarter ending September 30, 2025. The dividend is payable October 15, 2025, to holders of record at September 30, 2025. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holdi...

OFG Bancorp (OFG 3.59%) reported its Q2 2025 results on July 17, with assets exceeding $12.2 billion and loans topping $8.2 billion, driving a 6.5% year-over-year increase in diluted EPS to $1.15. The company raised its guidance for full-year loan growth to nearly 6%, initiated a new $100 million share buyback, and maintained a CET1 ratio of 13.99%, while net interest margin settled at 5.31% du...

OFG Bancorp reported Q2 revenue and earnings beats, driven by strong net interest margins and effective expense control. Loans and deposits grew sequentially, but the stock trades at a steep premium to tangible book value, justifying a hold rating. Asset quality is solid, though allowances for credit losses and nonperforming loans are slightly higher than peers; return metrics improved.

OFG Bancorp (NYSE:OFG ) Q2 2025 Earnings Conference Call July 17, 2025 10:00 AM ET Company Participants Cesar A. Ortiz-Marcano - Chief Risk Officer of Oriental Bank José Rafael Fernández - President, CEO & Chairman Maritza Arizmendi Diaz - Chief Financial Officer Conference Call Participants Brett D.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the second quarter ended June 30, 2025. EPS diluted of $1.15 compared to $1.00 in 1Q25 and $1.08 in 2Q24. Total core revenues of $182.2 million compared to $178.3 million in 1Q25 and $179.4 million in 2Q24. CEO Comment José Rafael Fernández, Chief Executiv...

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report second quarter 2025 financial results on Thursday, July 17, 2025, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 245-3047 Participant International Phone Number: (203) 518-9765 Conference ID: OFGQ225 The call can also be accessed live on OFG's ...

OFG Bancorp has maintained a 'buy' rating due to its strong asset quality, attractive valuation, and robust digital growth strategy. The company's net interest income and non-interest income saw slight declines recently, but deposits and loans have grown, indicating overall balance sheet strength. OFG Bancorp's digital initiatives have shown significant growth, with notable increases in digital...

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $100 million stock repurchase authorization plan as part of OFG's capital actions. The new plan, which is open-ended, is in addition to the previously authorized stock repurchase plan. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial hol...