OFG - OFG Bancorp

NYSE - NYSE Delayed Price. Currency in USD

OFG Bancorp

254 Muñoz Rivera Avenue
San Juan, PR 00918
United States
787-771-6800
http://www.ofgbancorp.com

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 1,447

Key Executives

Name Title Pay Exercised Year Born
Mr. José Rafael Fernández Vice Chairman, Pres & CEO 1.95M N/A 1964
Ms. Maritza Arizmendi Díaz CPA, Esq. Exec. VP & CFO 487.69k N/A 1968
Dr. Ganesh Kumar Sr. EVP, COO and Head of Retail Banking & Bus. Devel. 1.43M N/A 1964
Mr. Rafael Cruz Eng. Sr. VP and Chief Risk & Compliance Officer 315.04k N/A 1956
Mr. César A. Ortiz CPA, CPA, Esq. Sr. VP and Director of Commercial Credit & Operations 368.47k N/A 1975
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

OFG Bancorp, a financial holding company, provides various banking and financial services. It operates in three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending products; financial planning, insurance, financial services, and investment brokerage; and corporate and individual trust, and retirement services. It also offers securities brokerage services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; separately-managed accounts and mutual fund asset allocation programs; and trust, retirement planning, pension administration, and other financial services. In addition, the company is involved in the management and participation in public offerings and private placements of debt and equity securities; insurance agency business; and administration of retirement plans. Further, it is involved in various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and money market instruments. The company operates through a network of 37 branches in Puerto Rico. OFG Bancorp was founded in 1964 and is based in San Juan, Puerto Rico.

Corporate Governance

OFG Bancorp’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS) . Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.