|Bid||20.00 x 800|
|Ask||24.75 x 900|
|Day's Range||20.52 - 20.84|
|52 Week Range||14.42 - 24.95|
|Beta (3Y Monthly)||1.64|
|PE Ratio (TTM)||12.01|
|Earnings Date||Oct 17, 2019 - Oct 21, 2019|
|Forward Dividend & Yield||0.28 (1.28%)|
|1y Target Est||27.00|
OFG Bancorp (OFG) today announced the Virgin Islands Banking Board has approved the first regulatory step related to the acquisition by OFG’s Oriental Bank of Scotiabank’s US Virgin Island operations. To assume Scotiabank’s operations and start serving customers in the USVI, Oriental will also need a license and approval from the Board and approvals from federal and Puerto Rico regulators. “The Board was pleased with Oriental Bank’s presentation and its overall positive view of the economic impact its presence will have in the Territory,” said Lt. Governor Tregenza A. Roach, Chairman of the Virgin Islands Banking Board.
OFG Bancorp today announced that its Board of Directors declared a regular cash dividend of $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D , for the quarter ending September 30, 2019.
OFG Bancorp today announced its Board of Directors declared a regular quarterly cash dividend of $0.07 per common share for the quarter ending September 30, 2019. The dividend is payable October 15, 2019, to holders of record September 30, 2019, with an ex-dividend date of September 27, 2019.
OFG (OFG) delivered earnings and revenue surprises of -2.27% and 5.62%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
OFG (OFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors target stocks that have been on a bullish run lately. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
OFG Bancorp will report second quarter 2019 financial results Monday, July 22, 2019 before the market opens and hold its conference call that morning at 11:00 AM ET.
Bank of Nova Scotia, Canada's third biggest lender, said on Wednesday it would sell its operations in Puerto Rico and the U.S. Virgin Islands to Oriental Bank for $560 million in cash. The deal is expected to be about 40% accretive to Oriental Bank parent OFG Bancorp's earnings per share in 2020, and the lender will have a loan portfolio totaling $7.2 billion and about 500,000 customers.
The deal is expected to be about 40% accretive to Oriental Bank parent OFG Bancorp's earnings per share in 2020, and the lender will have a loan portfolio totaling $7.2 billion and about 500,000 customers. Scotiabank will record an after-tax loss of about C$400 million ($304.79 million) in the third quarter of 2019 following the deal, which will help it focus on its key six markets.
OFG Bancorp (OFG) and Scotiabank (BNS) today announced the signing of a definitive agreement for OFG’s subsidiary, Oriental Bank, to acquire Scotiabank’s Puerto Rico operation for $550 million in cash and Scotiabank’s US Virgin Island (USVI) branch operation for a $10 million deposit premium. Scotiabank’s Puerto Rico and USVI operations will be merged into Oriental Bank and its related businesses.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged during the first quarter. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 40% and 25% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted […]
Zacks.com featured highlights include: Israel Chemicals, Plains All American Pipeline, Legg Mason, NXP Semiconductors and OFG