Profit Fan

OFG Bancorp Picks Up The Pace

While I really wish I would have came across OFG Bancorp (NYSE:OFG) earlier, the more I look into its past and current moves the more I feel this company is a long hold with large catalysts for future growth. In this article I will be profiling OFG Bancorp and comparing its performance and fundamentals to other Puerto Rican banks to paint a better picture of the company's quality and superior financial position.


To begin, OFG Bancorp changed its name from Oriental Financial Group Inc. On April 25, 2013 after "integration of Banco Bilbao Vizcaya Argentaria Puerto Rico, which Oriental aquired in late December." After the acquisition, OFG Bancorp became the second largest branch network in Puerto Rico...

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