OFG BANCORP
Close on Oct 19, 2026
- Market cap
- $2.21B
- P/E (TTM)
- 10.3
- Dividend yield
- 0.57%
About Ofg Bancorp
State Commercial Banks, SIC 6022
OFG is a financial holding company providing banking and wealth management services to individual and commercial clients. The company operates across three core business segments: Banking, Wealth Management, and Treasury. Through its principal banking subsidiary and other operating units, it delivers personal and commercial checking accounts, savings products, and auto, residential mortgage, and consumer lending. Additional services include investment advisory, securities brokerage, insurance agency solutions, captive reinsurance, and corporate trust operations.
Headquartered in San Juan, Puerto Rico, the company conducts its primary business operations across Puerto Rico and the U.S. Virgin Islands, while also extending commercial lending activities into the continental United States. Its retail distribution network includes 42 branches across Puerto Rico and two branches located in the U.S. Virgin Islands. As of late 2025, OFG employed 2,185 people to support its branch and administrative operations across its regional markets.
Summary of the business section of Ofg Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- OFG BANCORP
- Founded
- 1964
- Headquarters
- San Juan, PR
- Address
- 254 Mu?Oz Rivera Avenue 00918
- Phone
- (787) 771-6800
- Website
- www.ofgbancorp.com
- Employees
- 2,185, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- PR
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, San Juan, Puerto Rico
Stock & identifiers
- Ticker
- OFG
- Exchange
- NYSE
- Shares outstanding
- 42M, Jul 31, 2026
- Public float
- $1.92B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 11-for-10, Dec 29, 2004; 11-for-10, Dec 29, 2003; 5-for-4, Jan 16, 2003; 11-for-10, Mar 27, 2002; 4-for-3, Oct 16, 1998; 5-for-4, Oct 16, 1997; 6-for-5, Oct 17, 1996; 5-for-4, Oct 3, 1995; 4-for-3, Oct 6, 1994; 3-for-2, Aug 17, 1993; 8-for-7, Sep 25, 1992; 11-for-10, Nov 18, 1991
- SEC CIK
- 1030469
- CUSIP
- 67103X102
- ISIN
- US67103X1028
- LEI
- 549300Q4QEXJ37LEXQ06
- EIN
- 66-0538893
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jose Rafael Fernandez | CEO; Chairman BOD, Director | 142,057 |
| Maritza Arizmendi | Chief Financial Officer | 56,684 |
| Mari Evelyn Rodriguez | Chief Retail Banking Officer | 16,085 |
| Hugh Gonzalez | General Counsel | 16,495 |
| Cesar A. Ortiz | Chief Risk Officer | 23,576 |
| Ada Garcia | Managing Dir Customer Intelli | 37,512 |
| Patrick J. Haggarty | Managing Director Comm. Bankin | 36,989 |
| Rodriguez Roberto Garcia | Director | 320 |
| Lynda Grindstaff | Director | 315 |
| Jesus Nestor De | Director | 20,040 |
| Rafael A. Velez-Dominguez | Director | 12,005 |
| Angel E. Vazquez | Director | 2,400 |
| Jorge Colon | Director | 28,893 |
| Annette Franqui | Director | 4,940 |
| Sue Harnett | Director | 8,620 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jose R. Fernandez | $3.48M | $3.87M | $911.20K | $172 | $156 |
| FY2024 Jose R. Fernandez | $6.31M | $8.61M | $1.16M | $202 | $144 |
| FY2023 Jose R. Fernandez | $3.49M | $5.38M | $1.14M | $175 | $107 |
| FY2022 Jose R. Fernandez | $3.06M | $3.45M | $984.23K | $124 | $98 |
| FY2021 Jose R. Fernandez | $3.02M | $4.90M | $1.03M | $117 | $119 |
| FY2020 Jose R. Fernandez | $2.78M | $2.76M | $896.37K | $80 | $87 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, OFG had 2,185 employees, none of which are represented by a collective bargaining group.”
Corporate history
Events identified from SEC filings