OFG Receives Regulatory Approvals for Acquisition of Scotiabank Operations in Puerto Rico
OFG Bancorp (OFG)
Last ofg bancorp earnings: 4/29 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
snl.com/irweblinkx/yearlynews.aspx?iid=1032005
Company Research
Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) announced receipt of regulatory approvals from the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and the Office of the Commissioner of Financial Institutions of Puerto Rico required for its banking subsidiary, Oriental Bank, to consummate the previously announced acquisition of the Puerto Rico and US Virgin Islands operations of Scotiabank (NYSE: BNS). OFG’s previously announced acquisition of Scotiabank’s US Virgin Islands operations remains subject to receipt of final approval and related licenses from the US Virgin Islands Banking Board. OFG expects to complete the acquisition by December 31, 2019.Upon closing, Scotiabank’s PR and USVI operations will further strengthen Oriental’s position as the premier retail bank in Puerto Rico. Oriental will have the second largest market share in Puerto Rico in core deposits, branches, automated and interactive teller machines, mortgag
Show less
Read more
Impact Snapshot
Event Time:
OFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OFG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OFG alerts
High impacting OFG Bancorp news events
Weekly update
A roundup of the hottest topics
OFG
News
- OFG Bancorp (NYSE: OFG) had its price target raised by analysts at Keefe, Bruyette & Woods from $49.00 to $53.00. They now have an "outperform" rating on the stock.MarketBeat
- OFG Bancorp (NYSE: OFG) had its price target raised by analysts at Wells Fargo & Company from $48.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
- OFG Bancorp's (NYSE:OFG) five-year earnings growth trails the strong shareholder returns [Yahoo! Finance]Yahoo! Finance
- OFG Bancorp Declares Regular Quarterly Common Stock DividendBusiness Wire
- OFG Bancorp Announces New $50 Million Share Repurchase PlanBusiness Wire
OFG
Earnings
- 10/16/24 - Miss
OFG
Sec Filings
- 12/6/24 - Form 4
- 12/5/24 - Form 144
- 12/4/24 - Form 144
- OFG's page on the SEC website