OFG Bancorp logo OFG - OFG Bancorp

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| PRICE TARGET: $44.50 DETAILS
HIGH: $45.00
LOW: $44.00
MEDIAN: $44.50
CONSENSUS: $44.50
DOWNSIDE: 1.22%

About OFG Bancorp (https://www.ofgbancorp.com)

OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. In addition, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company operates through a network of 50 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Key Executives

NAME TITLE DOB SALARY
José Rafael Fernández President, Chief Executive Officer & Chairman 1964 $2,300,277 USD
Maritza Arizmendi Diaz Chief Financial Officer 1968 $931,622 USD
Mari Evelyn Rodriguez Chief Retail Banking Officer 1971 $665,173 USD
Ada Garcia Castello Managing Director of Customer Intelligence & Operations 1964 $618,893 USD
Cesar A. Ortiz-Marcano Chief Risk Officer 1975 $610,087 USD
Ramón A. Rosado-Linera Senior Vice President & Director of the U.S. Loan Program 1964 $353,419 USD
Félix Silva Senior Vice President of Retail Operations & Collections
Gary Fishman IR Contact
Hugh Gonzalez-Robison General Counsel, Chief Compliance Officer & Secretary 1981
Jennifer Zapata Nazario Managing Director of Human Resources
Krisen Aguirre Torres Vice President Financial Reporting & Accounting Control
Lumarie Vega Managing Director of Marketing & Public Relations
Milagros Pérez Executive Vice President of Auto

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