What is the debt of OFG Bancorp this year?
OFG Bancorp has a debt level of 0 USD this year.
OFG Bancorp Debt 2024
OFG Bancorp Debt
0 USD
Ticker
OFG
ISIN
PR67103X1020
WKN
A1T9X8
In 2024, OFG Bancorp's total debt was 0 USD, a -100% change from the -549.99 USD total debt recorded in the previous year.
OFG Bancorp Aktienanalyse
What does OFG Bancorp do?
OFG Bancorp is a financial services company based in San Juan, Puerto Rico. The company has a long history dating back to 1964 when it was founded as Oriental Financial Group. Over the years, OFG Bancorp has conducted a number of mergers and acquisitions and is now the holding company for a range of subsidiary companies that focus on various areas of the financial services business. The company is divided into five main areas: retail banking, commercial banking, wealth management, treasury management, and mortgage banking. Each area offers a range of products and services to respond to customer needs. Retail banking: OFG's retail banking focuses on personal accounts, loans, and credit cards. The company operates over 50 branches and ATMs in Puerto Rico and also has a presence in Florida. Products offered include credit and debit cards, mortgages, auto loans, personal loans, and savings accounts. Commercial banking: OFG Bancorp also provides banking services to small and medium-sized businesses. This includes deposit accounts, loans, leasing financing, and treasury management services. OFG's commercial banking is divided into several areas, including real estate, consumer products, healthcare, and government. Wealth management: OFG's wealth management offers a range of financial services to affluent private and business clients. This includes investment advice, portfolio management, retirement and estate planning, and tax planning. These services are provided by a team of experienced financial advisors and investment experts who work closely with clients to ensure their needs are met. Treasury management: OFG's treasury management focuses on companies and institutions that require complex financial management and payment solutions. This includes cash management solutions, payment processing, electronic invoicing, and trade financing. OFG also offers customized solutions tailored to their specific requirements. Mortgage banking: OFG's mortgage banking specializes in mortgage financing in the United States and operates a large network of lenders and brokers. The company offers a wide range of mortgage products including fixed and variable interest rates, FHA and VA loans, and jumbo mortgages. OFG Mortgage also focuses on US overseas territories. Overall, OFG Bancorp is a diverse financial services company that caters to a wide range of customers and needs. The company is committed to continuously evolving and adapting its products and services to meet the changing needs of its customers. OFG Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding OFG Bancorp's Debt Structure
OFG Bancorp's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing OFG Bancorp's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to OFG Bancorp’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in OFG Bancorp’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about OFG Bancorp stock
What was the debt of OFG Bancorp compared to the previous year?
The debt of OFG Bancorp has increased by -100% compared to the previous year dropped.
What are the consequences of high debt for investors in OFG Bancorp?
High debt can pose a risk for investors of OFG Bancorp, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of OFG Bancorp?
Low debt means that OFG Bancorp has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from OFG Bancorp affect the company?
An increase in debt of OFG Bancorp can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of OFG Bancorp affect the company?
A reduction in debt of OFG Bancorp can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of OFG Bancorp?
Some factors that can influence the debt of OFG Bancorp include investments, acquisitions, operating costs, and revenue development.
Why are the debts of OFG Bancorp so important for investors?
The debts of OFG Bancorp are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can OFG Bancorp take to change the debt?
To change the debt, OFG Bancorp can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does OFG Bancorp pay?
Over the past 12 months, OFG Bancorp paid a dividend of 0.88 USD . This corresponds to a dividend yield of about 2.01 %. For the coming 12 months, OFG Bancorp is expected to pay a dividend of 0.99 USD.
What is the dividend yield of OFG Bancorp?
The current dividend yield of OFG Bancorp is 2.01 %.
When does OFG Bancorp pay dividends?
OFG Bancorp pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of OFG Bancorp?
OFG Bancorp paid dividends every year for the past 22 years.
What is the dividend of OFG Bancorp?
For the upcoming 12 months, dividends amounting to 0.99 USD are expected. This corresponds to a dividend yield of 2.27 %.
In which sector is OFG Bancorp located?
OFG Bancorp is assigned to the 'Finance' sector.
Wann musste ich die Aktien von OFG Bancorp kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of OFG Bancorp from 10/15/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.
When did OFG Bancorp pay the last dividend?
The last dividend was paid out on 10/15/2024.
What was the dividend of OFG Bancorp in the year 2023?
In the year 2023, OFG Bancorp distributed 0.7 USD as dividends.
In which currency does OFG Bancorp pay out the dividend?
The dividends of OFG Bancorp are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von OFG Bancorp
Our stock analysis for OFG Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OFG Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
