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OFG $33.44

OFG target price
33.44
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Oriental Financial Group, Inc.
Type
Public
Traded as NYSE: OFG
S&P 600 Component
Industry Finance and Insurance
Founded Humacao, Puerto Rico; 1964
Headquarters San Juan, Puerto Rico
Key people
Jose Rafael Fernandez, President & CEO
Julian S. Inclán, Chairman
Products Banking
Checking Accounts
Insurance
stock brokerage
Investment Bank
Asset-Based Lending
Consumer finance
Revenue US$ 230.45 million (2005)
Net income
US$ 37.61 million (2005)
Number of employees
520 (2005)
Website www.orientabank.com

Oriental Financial Group, Inc., more commonly known as Oriental Financial or Oriental Bank, is a financial holding company located in San Juan, Puerto Rico, which offers a range of financial services in Puerto Rico and the state of Florida through its four wholly owned subsidiaries: Oriental Bank (a bank), Oriental Financial Services Corp., Oriental Insurance, Inc., and Caribbean Pension Consultants, Inc. (CPC). Its headquarters are located at the Oriental Center at 997-1000 San Roberto Street, Professional Offices Park in San Juan. The Oriental Financial Group has over $7.6 billion in assets (2005), and approximately 520 employees.

In 2010, Oriental acquired failed competitor Eurobank. On 2012, Oriental announced the acquisition of Spain's Banco Bilbao Vizcaya Argentaria's Puerto Rican unit for $500 million in cash. The deal was expected to be approved by regulators by the end of 2012.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-18 Future report Set alerts
Q2 2022 2022-07-21 0.84 0.84
Q1 2022 2022-04-21 0.76 0.76
Q4 2021 2022-01-19 0.66 0.66
Q3 2021 2021-10-20 0.81 0.81
Q2 2021 2021-07-21 0.78 0.78
Q1 2021 2021-04-21 0.56 0.56
Q4 2020 2021-01-25 0.42 0.42
Q3 2020 2020-10-23 0.50 0.50
Q2 2020 2020-07-24 0.39 0.39

Ratings

2016-04-26 Reiterated Rating Piper Jaffray Neutral $7.50 to $9.50
2016-04-26 Reiterated Rating Piper Jaffray Cos. Neutral $7.50 to $9.50
2016-04-25 Boost Price Target Merion Capital Group Outperform $6.75 to $9.75
2016-04-08 Initiated Coverage Piper Jaffray Neutral $7.50
2016-02-16 Upgrade Merion Capital Group Neutral to Outperform
2016-01-12 Initiated Coverage Merion Capital Group Outperform $12.00
2015-10-14 Reiterated Rating Keefe, Bruyette & Woods Hold $14.00 to $12.00
2015-10-06 Lower Price Target Jefferies Group Buy $13.00 to $12.00
2015-07-28 Reiterated Rating Keefe, Bruyette & Woods Hold
2015-07-27 Lower Price Target Keefe, Bruyette & Woods Market Perform $16.00 to $15.00
2015-07-27 Upgrade Guggenheim Neutral to Buy
2015-07-02 Lower Price Target Jefferies Group $17.00 to $15.00
2015-04-20 Reiterated Rating Keefe, Bruyette & Woods Hold $19.00 to $18.00
2015-03-31 Downgrade Guggenheim Buy to Neutral
2015-02-06 Downgrade Keefe, Bruyette & Woods Outperform to Market Perform $19.00
2014-10-30 Reiterated Rating Jefferies Group Buy $20.00 to $19.00
2014-10-27 Reiterated Rating Keefe, Bruyette & Woods Outperform $20.00 to $19.00
2014-09-17 Lower Price Target Guggenheim $20.00 to $19.00
2013-12-13 Initiated Coverage Guggenheim Buy
2013-08-01 Reiterated Sterne Agee Buy $20 to $23
2013-05-09 Reiterated Sterne Agee Buy $18 to $20
2013-02-11 Reiterated Sterne Agee Buy $15 to $17
2012-03-01 Downgrade Compass Point Buy to Neutral $16.50 to $11
2009-06-09 Downgrade Sterne Agee Neutral to Sell $8
2008-04-14 Initiated Sandler O'Neill Hold
2008-04-11 Initiated Sandler O'Neill Buy
2008-02-14 Downgrade Sterne Agee Buy to Hold $20
2008-02-08 Reiterated Sterne Agee Buy $16 to $20
2007-11-20 Upgrade B. Riley & Co Neutral to Buy
2007-10-18 Initiated B. Riley & Co Neutral $12.50
2007-09-27 Upgrade Keefe Bruyette Mkt Perform to Outperform $12 to $14
2016-04-26 Reiterated Rating Piper Jaffray Neutral $7.50 to $9.50
2016-04-26 Reiterated Rating Piper Jaffray Cos. Neutral $7.50 to $9.50
2016-04-25 Boost Price Target Merion Capital Group Outperform $6.75 to $9.75
2016-04-08 Initiated Coverage Piper Jaffray Neutral $7.50
2016-02-16 Upgrade Merion Capital Group Neutral to Outperform

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
FERNANDEZ JOSE RAFAEL President & CEO 0.38%  (172084) OFG /
Rossi Josen 0.25%  (113339) OFG /
INCLAN JULIAN 0.24%  (106809) OFG /
Pablo Altieri Ivan 0.11%  (47801) OFG /
SOUFFRONT CARLOS General Counsel & Secretary 0.09%  (40955) OFG /
Kumar Ganesh EVP & CFO 0.08%  (34077) OFG /
Aguayo Juan Carlos 0.07%  (32072) OFG /
Morazzani Pedro 0.07%  (31120) OFG /
GONZALEZ NORBERTO EVP & CRO 0.06%  (28800) OFG /
GONZALEZ JOSE R SEVP Banking & Corporate 0.06%  (25298) OFG /
Colon Jorge 0.04%  (19450) OFG /
Martinez Rafael 0.04%  (16141) OFG /
ARRIVI FRANCISCO J 0.03%  (14128) OFG /
Pena Radames 0.02%  (10700) OFG /
Ortiz Cesar A SVP & Comptroller 0.01%  (6428) OFG /
ROSADO RAMON A SVP & Treasurer 0.01%  (6225) OFG /
De Jesus Nestor 0.01%  (5400) OFG /
Arizmendi Maritza SVP Corporate Finance & CAO 0.01%  (5000) OFG /