What is the level of liabilities of OFG Bancorp this year?
OFG Bancorp has a debt balance of 10.15 B USD this year.
OFG Bancorp Liabilities 2024
OFG Bancorp Liabilities
10.15 B USD
Ticker
OFG
ISIN
PR67103X1020
WKN
A1T9X8
In 2024, OFG Bancorp's total liabilities amounted to 10.15 B USD, a 15.66% difference from the 8.78 B USD total liabilities 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.Liabilities Details
Assessing OFG Bancorp's Liabilities
OFG Bancorp's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating OFG Bancorp's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing OFG Bancorp's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
OFG Bancorp's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in OFG Bancorp’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about OFG Bancorp stock
What were the liabilities of OFG Bancorp compared to the previous year?
The liabilities of OFG Bancorp have increased by 15.66% increased compared to the previous year.
What are the consequences of high debt for investors of OFG Bancorp?
High liabilities can pose a risk for investors of OFG Bancorp, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in OFG Bancorp?
Low liabilities mean that OFG Bancorp has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of OFG Bancorp affect the company?
An increase in liabilities of OFG Bancorp can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of OFG Bancorp affect the company?
A decrease in the liabilities of OFG Bancorp can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of OFG Bancorp?
Some factors that can influence the liabilities of OFG Bancorp include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of OFG Bancorp so important for investors?
The liabilities of OFG Bancorp are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can OFG Bancorp take to modify the liabilities?
To change its liabilities, OFG Bancorp can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 1.93 %. 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 1.93 %.
When does OFG Bancorp pay dividends?
OFG Bancorp pays a quarterly dividend. This is distributed in the months of April, July, October, January.
How secure is the dividend of OFG Bancorp?
OFG Bancorp paid dividends every year for the past 23 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 2.18 %.
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 1/15/2025 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 12/31/2024.
When did OFG Bancorp pay the last dividend?
The last dividend was paid out on 1/15/2025.
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.
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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.
