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OFG Bancorp (OFG Bancorp) Market Cap : $1,724.6 Mil (As of May. 24, 2024)


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What is OFG Bancorp Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). OFG Bancorp's share price for the quarter that ended in Mar. 2024 was $36.81. OFG Bancorp's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 47.2 Mil. Therefore, OFG Bancorp's market cap for the quarter that ended in Mar. 2024 was $1,738.0 Mil.

OFG Bancorp's quarterly market cap increased from Sep. 2023 ($1,405.1 Mil) to Dec. 2023 ($1,764.0 Mil) but then declined from Dec. 2023 ($1,764.0 Mil) to Mar. 2024 ($1,738.0 Mil).

OFG Bancorp's annual market cap declined from Dec. 2021 ($1,318.3 Mil) to Dec. 2022 ($1,311.3 Mil) but then increased from Dec. 2022 ($1,311.3 Mil) to Dec. 2023 ($1,764.0 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. OFG Bancorp's Enterprise Value for Today is $1,195.0 Mil.


OFG Bancorp Market Cap Historical Data

The historical data trend for OFG Bancorp's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OFG Bancorp Market Cap Chart

OFG Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,213.53 952.72 1,318.34 1,311.34 1,764.00

OFG Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,187.43 1,227.75 1,405.15 1,764.00 1,738.04

Competitive Comparison of OFG Bancorp's Market Cap

For the Banks - Regional subindustry, OFG Bancorp's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OFG Bancorp's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OFG Bancorp's Market Cap distribution charts can be found below:

* The bar in red indicates where OFG Bancorp's Market Cap falls into.



OFG Bancorp Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

OFG Bancorp's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$37.48*47.0652
=$1,764.0

OFG Bancorp's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$36.81*47.2166
=$1,738.0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OFG Bancorp  (NYSE:OFG) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


OFG Bancorp Market Cap Related Terms

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OFG Bancorp (OFG Bancorp) Business Description

Traded in Other Exchanges
Address
254 Munoz Rivera Avenue, San Juan, PRI, 00918
OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. It provides services in the region of Puerto Rico.
Executives
Ganesh Kumar officer: CFO & EVP P.O. BOX 195115, SAN JUAN PR 00919-5115
Jesus Nestor De director P.O. BOX 195115, SAN JUAN PR 00919-5115
Cesar A Ortiz officer: SVP & Chief Risk Officer PO BOX 195115, SAN JUAN PR 00919
Maritza Arizmendi officer: EVP & CFO PO BOX 195115, SAN JUAN PR 00919-5115
Julian Inclan director, DIRECTOR P.O. BOX 195115, SAN JUAN PR 00919-5115
Patrick J. Haggarty officer: Managing Director Comm. Bankin P.O.BOX 195115, SAN JUAN PR 00919-5115
Jose Rafael Fernandez officer: Senior Executive VP PO BOX 195115, SAN JUAN PR 00919-5115
Jorge Colon director PO BOX 195115, SAN JUAN PR 00919-5115
Angel E. Vazquez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Edwin Perez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Ada Garcia officer: Managing Dir Customer Intelli P.O. BOX 195115, SAN JUAN PR 00919-5115
Hugh Gonzalez officer: General Counsel P.O. BOX 195115, SAN JUAN PR 00919-5115
Annette Franqui director 811 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Rafael A Velez-dominguez director P.O. BOX 195115, SAN JUAN PR 00919-5115
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115

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