SAN JUAN, Puerto Rico--(BUSINESS WIRE)--
OFG Bancorp (NYSE:OFG) has been selected to be included in the 2014
Barron’s 400 Index. The index, jointly developed by Barron’s Magazine
and stock research firm MarketGrader, measures the performance of the
most fundamentally sound and attractively priced stocks.
“Given that only about 6% of all North American publicly listed
companies are selected to the Barron’s 400, it underscores the overall
strength of OFG’s financial results and what we believe are our bright
prospects as an investment,” said José Rafael Fernández, President, CEO
& Vice Chairman.
The Barron’s 400 Index ETF (NYSE Arca:BFOR), first introduced in the
September 3, 2007 issue of Barron’s, has outperformed the broader U.S.
equity market by more than four percentage points per year in the last
decade, a clear measure of the quality of the companies selected,
according to MarketGrader.
MarketGrader says it selects companies for the index using a proven and
disciplined process, not as a benchmark representing the overall market,
but rather to provide investors access to what its research indicates is
a basket of America's most promising stocks.
About OFG Bancorp
Now in its 50th year in business, OFG Bancorp is a
diversified financial holding company that operates under U.S. and
Puerto Rico banking laws and regulations. Its three principal
subsidiaries, Oriental Bank, Oriental Financial Services and Oriental
Insurance, provide a full range of commercial, consumer and mortgage
banking services, as well as financial planning, trust, insurance,
investment brokerage and investment banking services, primarily in
Puerto Rico, through 55 financial centers. Investor information can be
found at www.ofgbancorp.com.
OFG Bancorp
Puerto Rico:
Alexandra López,
787-522-6970
allopez@orientalbank.com
or
US:
Anreder&
Company
Steven Anreder, 212-532-3232
steven.anreder@anreder.com
or
Gary
Fishman, 212-532-3232
gary.fishman@anreder.com
Source: OFG Bancorp