OFG Bancorp traded at $50.15 this Wednesday July 1st, increasing $1.08 or 2.20 percent since the previous trading session. Looking back, over the last four weeks, OFG Bancorp gained 10.05 percent. Over the last 12 months, its price rose by 12.95 percent. Looking ahead, we forecast OFG Bancorp to be priced at 47.90 by the end of this quarter and at 44.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
OFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).