OFG Bancorp

Oriental Financial Group is a diversified financial holding company which offers a range of financial services in Puerto Rico and the state of Florida through its four wholly owned subsidiaries: Oriental Bank, Oriental Financial Services Corp., Oriental Insurance, Inc., and Caribbean Pension Consultants, Inc. The Company provides comprehensive banking and financial services to its clients through a complete range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial services, and investment brokerage; and corporate and individual trust and retirement services.

Company Growth (employees)
Type
Public
HQ
San Juan, PR
Size (employees)
1,416 (est)
OFG Bancorp is headquartered in San Juan, PR

OFG Bancorp Office Locations

OFG Bancorp has an office in San Juan
San Juan, PR (HQ)
254 Avenida Luis Muñoz Rivera

OFG Bancorp Data and Metrics

OFG Bancorp Financial Metrics

OFG Bancorp's revenue was reported to be $430.7 m in FY, 2016
USD

Net income (Q1, 2017)

15.2 m

EBIT (Q1, 2017)

74.6 m

Market capitalization (25-Jul-2017)

452.6 m

Closing share price (25-Jul-2017)

10.4

Cash (31-Mar-2017)

480.3 m
OFG Bancorp's current market capitalization is $452.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

579.8 m563.2 m483.2 m430.7 m

Revenue growth, %

(3%)(14%)(11%)

Cost of goods sold

84 m76.8 m69.2 m57.2 m

Gross profit

495.8 m486.4 m414 m373.5 m

Gross profit Margin, %

86%86%86%87%

General and administrative expense

34.4 m34.7 m34.2 m31 m

Operating expense total

264.6 m242.7 m248.4 m216 m

EBIT

409.7 m408.5 m337.4 m299.4 m

EBIT margin, %

71%73%70%70%

Pre tax profit

89.7 m122.4 m(20.1 m)85.2 m

Income tax expense

(8.7 m)37.3 m(17.6 m)26 m

Net Income

98.4 m85.2 m(2.5 m)59.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

19.8 m18.4 m17.4 m17.1 m17.4 m16.3 m14.6 m13.7 m11.6 m

General and administrative expense

8.6 m8.8 m8.6 m8.9 m8.6 m7.8 m8.1 m7.5 m7.2 m

Operating expense total

8.6 m8.8 m8.6 m8.9 m8.6 m7.8 m8.1 m7.5 m7.2 m

EBIT

106.1 m101.9 m89.6 m82.3 m89.8 m75 m73.3 m76.9 m74.6 m

Pre tax profit

31.9 m27.5 m(2 m)(2.3 m)5.1 m19.8 m20.2 m18.7 m24.4 m

Income tax expense

10.6 m8 m979 k769 k562 k5.7 m5.9 m3.6 m9.2 m

Net Income

21.3 m19.5 m(3 m)(6.1 m)(1.5 m)14.2 m28.5 m43.6 m15.2 m
USDFY, 2015FY, 2016

Cash

536.7 m510.4 m

Accounts Receivable

20.6 m20.2 m

Inventories

1.4 b

PP&E

74.6 m70.4 m

Goodwill

86.1 m86.1 m

Total Assets

7.1 b6.5 b

Accounts Payable

4.7 b

Total Liabilities

5.6 b

Common Stock

52.6 m52.6 m

Preferred Stock

92 m92 m

Additional Paid-in Capital

540.5 m540.9 m

Retained Earnings

148.9 m177.8 m

Total Equity

897.1 m920.4 m

Financial Leverage

7.9 x7.1 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

553.5 m526.2 m677.8 m517 m509.3 m480.3 m

Inventories

1.6 b1.6 b1.3 b1.3 b1.3 b1.4 b

PP&E

76.5 m75.3 m74 m72.6 m71.1 m69.8 m

Goodwill

86.1 m86.1 m86.1 m86.1 m86.1 m86.1 m

Total Assets

7.4 b7.2 b6.9 b6.7 b6.6 b6.4 b

Accounts Payable

4.7 b4.7 b4.8 b4.6 b4.8 b4.7 b

Common Stock

52.6 m52.6 m52.6 m52.6 m52.6 m52.6 m

Preferred Stock

92 m92 m92 m92 m92 m92 m

Additional Paid-in Capital

539.7 m540.1 m540.4 m540.7 m540.7 m540.8 m

Retained Earnings

159.7 m156 m155.5 m162.4 m169.9 m185.4 m

Total Equity

911.6 m907.9 m903.8 m915.9 m924.9 m931.4 m

Financial Leverage

8.1 x7.9 x7.6 x7.3 x7.1 x6.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

98.4 m85.2 m(2.5 m)59.2 m

Accounts Receivable

18.7 m21.3 m708 k410 k

Cash From Operating Activities

97.1 m78.5 m

Cash From Investing Activities

153 m568.1 m

Dividends Paid

(13.9 m)(13.9 m)

Cash From Financing Activities

(286.8 m)(672.8 m)

Interest Paid

67.8 m56.3 m

Income Taxes Paid

14 m10.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

21.3 m19.5 m(3 m)(6.1 m)(1.5 m)14.2 m28.5 m43.6 m15.2 m

Accounts Receivable

22.5 m19.7 m19.6 m2.1 m2.7 m2.2 m628 k2.7 m1.7 m

Cash From Operating Activities

46.5 m66.8 m23.5 m31.3 m46.8 m25 m

Cash From Investing Activities

(16 m)112.3 m379.4 m394.8 m491.5 m21.7 m

Dividends Paid

(6.9 m)(10.4 m)(3.5 m)(6.9 m)(10.4 m)(3.5 m)

Cash From Financing Activities

(50.4 m)(226.3 m)(261.7 m)(445.7 m)(565.8 m)(76.8 m)

Interest Paid

34.4 m51.5 m16.3 m30.5 m44.3 m12.1 m

Income Taxes Paid

6.7 m10.6 m3.6 m3.6 m7.4 m
Y, 2017

Financial Leverage

6.9 x

OFG Bancorp Market Value History

Traffic Overview of OFG Bancorp

OFG Bancorp Company Life and Culture

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