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OFG Bancorp to Ring Opening Bell to Celebrate 60th Anniversary and 30th Year Listing on NYSE

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OFG Bancorp (NYSE: OFG) announced plans to ring the NYSE opening bell on October 25, celebrating two significant milestones: the 60th anniversary of Oriental Bank and 30 years of NYSE listing. Since its humble beginnings in 1964 as one of Puerto Rico's smallest banks, Oriental Bank has grown to become one of the island's top three financial institutions. The company's success is attributed to its dedicated teams and 'Digital First' strategy, focusing on efficient self-service technology to expand customer base and engagement. Since its NYSE listing in 1994, OFG Bancorp has achieved a remarkable 2,522% total return, outperforming the S&P 500's 2,112% return.

OFG Bancorp (NYSE: OFG) ha annunciato piani per suonare la campana di apertura della NYSE il 25 ottobre, celebrando due importanti traguardi: il 60° anniversario di Oriental Bank e 30 anni dalla sua quotazione in borsa. Dalla sua modesta nascita nel 1964 come una delle banche più piccole di Porto Rico, Oriental Bank è cresciuta fino a diventare una delle prime tre istituzioni finanziarie dell'isola. Il successo dell'azienda è attribuito ai suoi team dedicati e alla strategia 'Digital First', concentrata su tecnologie di self-service efficienti per espandere la base clienti e l'engagement. Dalla sua quotazione nel 1994, OFG Bancorp ha raggiunto un notevole 2.522% di ritorno totale, superando il ritorno del 2.112% dell'S&P 500.

OFG Bancorp (NYSE: OFG) anunció planes para tocar la campana de apertura de la NYSE el 25 de octubre, celebrando dos hitos significativos: el 60º aniversario de Oriental Bank y 30 años de su listado en la bolsa. Desde sus humildes inicios en 1964 como uno de los bancos más pequeños de Puerto Rico, Oriental Bank ha crecido para convertirse en una de las tres principales instituciones financieras de la isla. El éxito de la empresa se atribuye a sus equipos dedicados y a la estrategia 'Digital First', centrada en tecnología de autoservicio eficiente para ampliar la base de clientes y la participación. Desde su listado en la NYSE en 1994, OFG Bancorp ha logrado un notable 2,522% de retorno total, superando el retorno del 2,112% del S&P 500.

OFG Bancorp (NYSE: OFG)는 10월 25일 NYSE 개장을 축하하기 위해 개장 종을 울릴 계획을 발표했습니다. 이는 오리엔탈 뱅크의 60주년NYSE 상장 30주년을 기념하는 것입니다. 1964년 푸에르토리코의 가장 작은 은행 중 하나로 시작한 오리엔탈 뱅크는 섬에서 상위 3대 금융 기관 중 하나로 성장하였습니다. 이 회사의 성공은 헌신적인 팀과 '디지털 우선' 전략, 즉 고객 기반과 참여를 확장하기 위한 효율적인 셀프 서비스 기술에 대한 집중 덕분입니다. 1994년 NYSE에 상장된 이후, OFG Bancorp는 주목할 만한 2,522%의 총 수익을 달성하며 S&P 500의 2,112% 수익을 초과했습니다.

OFG Bancorp (NYSE: OFG) a annoncé des projets pour sonner la cloche d'ouverture de la NYSE le 25 octobre, célébrant deux jalons significatifs : le 60e anniversaire de la Banque Orientale et 30 ans de cotation à la NYSE. Depuis ses débuts modestes en 1964 en tant que l'une des plus petites banques de Porto Rico, la Banque Orientale a grandi pour devenir l'une des trois principales institutions financières de l'île. Le succès de l'entreprise est attribué à ses équipes dévouées et à sa stratégie 'Digital First', axée sur la technologie de libre-service efficace pour élargir la base de clients et l'engagement. Depuis sa cotation en 1994, OFG Bancorp a réalisé un remarquable 2,522% de rendement total, surpassant le rendement de 2,112% du S&P 500.

OFG Bancorp (NYSE: OFG) gab bekannt, dass es am 25. Oktober die Eröffnungsglocke der NYSE läuten wird, um zwei bedeutende Meilensteine zu feiern: das 60-jährige Bestehen der Oriental Bank und 30 Jahre seit der Notierung an der NYSE. Seit seinen bescheidenen Anfängen im Jahr 1964 als eine der kleinsten Banken in Puerto Rico hat sich die Oriental Bank zu einer der drei größten Finanzinstitute der Insel entwickelt. Der Erfolg des Unternehmens wird seinen engagierten Teams und der 'Digital First'-Strategie zugeschrieben, die sich auf effiziente Selbstbedienungstechnologie konzentriert, um die Kundenbasis und das Engagement zu erweitern. Seit seiner Notierung an der NYSE im Jahr 1994 hat OFG Bancorp eine bemerkenswerte 2,522% Gesamtrendite erzielt, die die Rendite des S&P 500 von 2,112% übertrifft.

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SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) today announced that management and board members will ring the opening bell at the New York Stock Exchange on Friday, October 25, to celebrate the 60th anniversary of the founding of its principal subsidiary, Oriental Bank, as well as OFG’s 30th anniversary of trading on the exchange.

José Rafael Fernández, Chairman and Chief Executive Officer, said: “We are extremely proud of what we’ve accomplished since 1964 when we were one of the smallest banks in Puerto Rico. Since then, we have been able to reach new heights, becoming one of the top three banks on the island. This is a credit to our dedicated teams who work tirelessly to help fulfill our purpose of making progress possible for our customers, employees, shareholders and the communities we serve. Today this is being enhanced through our ‘Digital First’ strategy of deploying faster, more efficient, self-service technology that is expanding our customer base and increasing engagement. We are more than ready to shape the future of OFG and Oriental.”

The bell ringing ceremony begins at approximately 9:15 AM ET and can be watched live at https://tv.nyse.com/2024-nyse-opening-bells or https://tv.nyse.com/.

Since its NYSE listing on December 29, 1994, OFG Bancorp’s total return has increased 2,522% versus 2,112% for the S&P 500, according to Bloomberg data as of October 22, 2024.

About OFG Bancorp

Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services, and technology, primarily in Puerto Rico and U.S. Virgin Islands. Our mission is to make progress possible for our customers, employees, shareholders, and the communities we serve. Visit us at www.ofgbancorp.com.

Puerto Rico & USVI: Lumarie Vega López (lumarie.vega@orientalbank.com) and Victoria Maldonado Rodríguez (victoria.maldonado@orientalbank.com) at (787) 771-6800



US: Gary Fishman (gfishman@ofgbancorp.com) and Steven Anreder (sanreder@ofgbancorp.com) at (212) 532-3232

Source: OFG Bancorp

FAQ

What milestones is OFG Bancorp celebrating at the NYSE bell ringing on October 25, 2024?

OFG Bancorp is celebrating two milestones: the 60th anniversary of Oriental Bank's founding and 30 years of trading on the New York Stock Exchange.

How has OFG Bancorp's stock performed since its NYSE listing in 1994?

OFG Bancorp's total return has increased 2,522% since its NYSE listing in 1994, outperforming the S&P 500's return of 2,112%.

What is OFG Bancorp's current market position in Puerto Rico?

OFG Bancorp has grown from one of the smallest banks in Puerto Rico to become one of the top three banks on the island.

What strategy is OFG Bancorp currently implementing for growth?

OFG Bancorp is implementing a 'Digital First' strategy, focusing on deploying faster, more efficient self-service technology to expand its customer base and increase engagement.

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