OFG BANCORP: insider trades · United States · SEC (Form 4)

About OFG BANCORP

OFG Bancorp is a publicly listed financial holding company traded on the NYSE under the ticker OFG. It is headquartered in San Juan, Puerto Rico, within the United States, and was founded in 1964. Over time, the company has evolved into a diversified financial services franchise centered on Oriental Bank, with additional businesses in wealth management, brokerage, insurance, and retirement-related services. For international investors, OFG is best viewed as a U.S.-regulated bank holding company with strong local franchise exposure in Puerto Rico and the U.S. Virgin Islands. OFG’s business model is built around three major segments: Banking, Wealth Management, and Treasury. Through Oriental Bank, the group provides retail and commercial banking services, including deposits, consumer lending, commercial loans, mortgage-related lending, and cash management solutions. Its wealth management arm, Oriental Financial Services, offers brokerage, financial planning, investment advisory, trust, and retirement products. Oriental Insurance expands the product set with insurance solutions, helping OFG deepen client relationships and diversify revenue sources across multiple fee- and spread-based lines. Competitively, OFG is one of the better-known banking institutions in Puerto Rico and the U.S. Virgin Islands. Its local scale, customer relationships, and operating knowledge of the regional economy are meaningful advantages versus larger mainland banks that tend to have less focused island coverage. The company has also highlighted a Digital First strategy, supported by flagship mass-market Libre and mass affluent Elite deposit accounts. These offerings are designed to improve customer acquisition, retention, and cross-sell effectiveness while modernizing the franchise. Recent developments underscore a generally constructive operating trend. In January 2026, OFG reported fourth-quarter and full-year 2025 results showing higher earnings per share and growth in core revenues, while management described asset quality and credit metrics as well controlled. During 2025, the company also increased its common dividend and repurchased shares, indicating active capital return to shareholders. At the same time, investors should note that reported earnings can include non-recurring items, including discrete tax benefits and the expiration of a tax agreement tied to the 2019 acquisition of Scotiabank’s Puerto Rico and U.S. Virgin Islands operations. That combination makes OFG a regional banking name with a stable franchise, but one where quarterly results may also reflect some tax-related volatility.