OFG Bancorp (OFG Bancorp) Commercial Business Loans (USD Mil) : 3,051.45 (As of Mar. 2024)

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What is OFG Bancorp Commercial Business Loans (USD Mil)?

Commercial Business Loans (USD Mil) is the amount of loans banks made to business entities. It’s a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures.

OFG Bancorp's Commercial Business Loans (USD Mil) for the quarter that ended in Mar. 2024 was 3,051.45 , which is lower than 3,076.90 for the pervious quarter ended in Dec. 2023.

OFG Bancorp's Commercial Business Loans (USD Mil) for the annual that ended in Dec. 2023 was 3,076.90 , which is higher than 2,629.93 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for OFG Bancorp's Commercial Business Loans (USD Mil) or its related term are showing as below:

OFG Bancorp Commercial Business Loans (USD Mil) Historical Data

The historical data trend for OFG Bancorp's Commercial Business Loans (USD Mil) 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.

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OFG Bancorp Commercial Business Loans (USD Mil) Chart

OFG Bancorp Annual Data

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Commercial Business Loans (USD Mil)

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Average Interest Earning Assets (USD Mil)

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Mortgage Backed Securities (USD Mil)

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Residential Mortgage Loans (USD Mil)

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Commercial Mortgage Loans (USD Mil)

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OFG BancorpQuarterly Data

Trend

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Commercial Business Loans (USD Mil)

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Average Interest Earning Assets (USD Mil)

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Mortgage Backed Securities (USD Mil)

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Residential Mortgage Loans (USD Mil)

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Commercial Mortgage Loans (USD Mil)

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Competitive Comparison of OFG Bancorp's Commercial Business Loans (USD Mil)

For the Banks - Regional subindustry, OFG Bancorp's Commercial Business Loans (USD Mil), along with its competitors' market caps and Commercial Business Loans (USD Mil) 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 (NYSE:OFG) Commercial Business Loans (USD Mil) Explanation

Commercial Business Loans (USD Mil) is a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures. Companies usually have to provide financial statements to prove their ability to repay. Many commercial loans require collateral, such as property or equipment or sometimes account receivables.

OFG Bancorp Commercial Business Loans (USD Mil) Related Terms

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OFG Bancorp (OFG Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OFG Bancorp (NYSE:OFG) » Definitions » Commercial Business Loans (USD Mil)

Comparable Companies

Traded in Other Exchanges

OFP:Germany

Address

254 Munoz Rivera Avenue, San Juan, PRI, 00918

Website

https://www.ofgbancorp.com

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