SEC Form 10-Q filed by OFG Bancorp

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 December 31, 2024. The dividend is payable January 15, 2025, to holders of record at December 31, 2024, with an ex-dividend date of December 31, 2024. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management product

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, is in addition to the previously authorized stock repurchase plan. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services, and technology, primarily in Pu

OFG Bancorp (NYSE:OFG) today announced that management and board members will ring the opening bell at the New York Stock Exchange on Friday, October 25, to celebrate the 60th anniversary of the founding of its principal subsidiary, Oriental Bank, as well as OFG's 30th anniversary of trading on the exchange. José Rafael Fernández, Chairman and Chief Executive Officer, said: "We are extremely proud of what we've accomplished since 1964 when we were one of the smallest banks in Puerto Rico. Since then, we have been able to reach new heights, becoming one of the top three banks on the island. This is a credit to our dedicated teams who work tirelessly to help fulfill our purpose of making pro

Wells Fargo analyst Timur Braziler maintains OFG Bancorp (NYSE:OFG) with a Overweight and raises the price target from $40 to $48.

Shares of Tellurian Inc. (NASDAQ:TELL) rose sharply in today's pre-market trading after Woodside Energy announced plans to acquire the company for $900 million in all-cash deal. The implied enterprise value is around $1,200 million. Tellurian shares jumped 65% to $0.9422 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Netcapital Inc. (NASDAQ:NCPL) rose 43.8% to $0.1495 in pre-market trading after jumping more than 12% on Friday. Netcapital, last week, announced the launch of the beta version of its secondary trading platform. Serve Robotics Inc. (NASDAQ:SERV) gained 36.8% to $10.33 in pre-market trading. Serve Robotics shares jumped

OFG Bancorp (NYSE:OFG) reported quarterly sales of $147.325 million which missed the analyst consensus estimate of $152.564 million by 3.43 percent. This is a 5.53 percent increase over sales of $139.600 million the same period last year.

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 December 31, 2024. The dividend is payable January 15, 2025, to holders of record at December 31, 2024, with an ex-dividend date of December 31, 2024. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management product

OFG Bancorp (NYSE:OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues of $174.1 million compared to $179.4 million in 2Q24 and $172.2 million in 3Q23. CEO Comment José Rafael Fernández, Chief Executive Officer, said: "The third quarter was another solid quarter of performance with EPS-diluted up 5.3% year-over-year on a 1.1% increase in total core revenues. We continued to produce consistent, core operating results, and digital adoption of our new and upgraded products, services, and self-service tools keeps steadily growing. Today

OFG Bancorp (NYSE:OFG) will report third quarter 2024 financial results on Wednesday, October 16, 2024, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 225-9448 Participant International Phone Number: (203) 518-9708 Conference ID: OFGQ324 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. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin