Visit Oriental Bank
NYSE : OFG
$19.14
$ ((0.60)) - (3.04)%

Financial Highlights

Financial Highlights
2018 FQ4
12/31/2018
2017 FQ4
12/31/2017
Y-Y Ch (%)
2018 FQ3
9/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 6,583,352 6,189,053 6.37 6,656,674 (4.41)
Total Net Loans 4,431,594 4,056,329 9.25 4,352,980 7.22
Total Deposits 4,908,115 4,799,482 2.26 5,088,993 (14.22)
Equity Attributable to Parent Company 999,877 945,107 5.80 969,886 12.37
Total Equity 999,877 945,107 5.80 969,886 12.37
Profitability (%)
Net Income($000) 24,744 17,073 44.93 23,100 28.47
Net Income Attributable to Parent($000) 24,744 17,073 44.93 23,100 28.47
ROAA 1.50 1.10 40 bp 1.42 8 bp
Core ROAA 1.27 1.12 15 bp 1.43 (16) bp
ROAE 10.07 7.24 283 bp 9.49 58 bp
ROATCE 11.80 8.06 374 bp 11.08 72 bp
Core ROAE 8.57 7.34 123 bp 9.60 (103) bp
Net Interest Margin 5.45 5.21 24 bp 5.55 (10) bp
Reported: Net Interest Margin 5.26 5.08 18 bp 5.55 (29) bp
Efficiency Ratio 49.65 50.62 (97) bp 49.22 43 bp
Noninterest Inc/ Operating Rev 19.01 18.62 39 bp 18.45 56 bp
Balance Sheet Ratios (%)
Loans/ Deposits 93.43 87.75 568 bp 88.62 481 bp
Securities/ Assets 19.45 18.86 59 bp 19.64 (19) bp
Total Equity/ Total Assets 15.19 15.27 (8) bp 14.57 62 bp
Tangible Equity/ Tangible Assets 14.02 14.01 1 bp 13.40 62 bp
Tang Common Equity/ Tang Assets 12.60 11.12 148 bp 10.72 188 bp
Asset Quality (%)
NPAs/ Assets 4.09 4.15 (6) bp 3.91 18 bp
NPA Excl Restructured/ Assets 2.38 2.38 0 bp 2.45 (7) bp
NPAs & 90+ PD/ Assets 4.13 4.27 (14) bp 3.96 17 bp
NPAs/ Loans & REO 5.90 6.11 (21) bp 5.79 11 bp
Nonaccrual & 90+ & OREO/ Assets 2.42 2.50 (8) bp 2.49 (7) bp
NPAs & 90+ PD/ Loans & REO 5.96 6.28 (32) bp 5.86 10 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 27.69 31.21 (352) bp 30.30 (261) bp
NCOs/ Avg Loans 0.97 1.09 (12) bp 1.16 (19) bp
Loan Loss Reserves/ Gross Loans 3.57 3.97 (40) bp 3.67 (10) bp
Reserves/ NPAs 60.97 65.27 (430) bp 63.62 (265) bp
Loan Loss Provision/ NCO 103.44 222.48 (11,904) bp 113.66 (1,022) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 811,707 644,804 25.88 690,937 69.92
Tier 1 Capital($000) 928,577 842,133 10.26 891,807 16.49
Tier 2 Capital($000) 61,922 57,125 8.40 61,736 1.21
Total Capital($000) 990,499 899,258 10.15 953,543 15.50
Total Risk-weighted Assets($000) 4,837,214 4,420,667 9.42 4,806,348 2.57
Tier 1 Common Capital (CET1) Ratio(%) 16.78 14.59 219 bp 14.38 240 bp
Tier 1 Ratio(%) 19.20 19.05 15 bp 18.55 65 bp
Total Capital Ratio(%) 20.48 20.34 14 bp 19.84 64 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 14.22 13.92 30 bp 13.93 29 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 51,293,924 43,947,442 16.72 44,005,741 66.25
Avg Diluted Shares(actual) 51,602,000 51,104,000 0.97 51,464,000 1.07
Basic Book Value per Share 17.70 17.50 1.14 18.04 (7.54)
Book Value per Share, As Reported 17.90 17.73 0.96 18.27 (8.10)
Basic Tangible Book Value per Share 15.96 15.44 3.37 16 (1)
Tangible Book Value per Share, As Reported 16.15 15.67 3.06 16.23 (1.97)
Common Dividends Declared per Share 0.07 0.06 16.67 0.06 66.67
EPS after Extra 0.45 0.30 50 0.42 28.57
EPS after Extra Growth(%) 50 11.10 3,889 bp NM NM
Core EPS 0.38 0.30 26.67 0.43 (46.51)
Core EPS Growth(%) 24.10 10.70 1,347 bp NM NM
Diluted EPS before Amortization 0.46 0.31 48.39 0.43 27.91
Pre-Provision Earnings per Share 0.73 0.52 40.38 0.74 (5.41)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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