Oriental Financial Group

Company Details:

Company Symbol: OFG
Sector: Commercial Banks and Thrifts
Company Rating: buy
URL: http://www.orientalfg.com

Related Research

  • 04/24/12 Morning Note B. Riley & Co. Morning Notes: AFOP, AKAM, ANGI, BWLD, CAMP, CMO, CSGP, IVAC, NTCT, OFG
  • 04/24/12 Update OFG (Buy; $15.00 PT): NIM Expansion and Loan Origination Rise Characterize Strong 1Q12 Results
  • 04/16/12 Morning Note B. Riley & Co. Morning Notes: CALD, CVBF, Exhibitors and Related Technologies Industry Update, OFG, PACW, Q1 '12 Earnings Preview, UMPQ
  • 04/16/12 Update OFG (Buy; $13.00 PT): Upgrading from “NEUTRAL” to “BUY” on Valuation; Expecting 1Q12 EPS $0.13 vs. $0.20 Consensus; Further Improvement in…
  • 03/27/12 Morning Note B. Riley & Co. Morning Notes: ATNY, CTCT, GOOG, GRPN, MCHX, MSFT, OCLR, OFG, WWWW, YHOO
  • 03/27/12 Update OFG (Neutral; $13.00 PT): Raising EPS estimates after re-evaluating NIM trends; raising PT from $12.00 to $13.00
  • 02/01/12 Morning Note B. Riley & Co. Morning Notes: AFOP, AKAM, AOL, AXTI, BC, BEBE, CAMP, CSTR, DRL, EHTH, GSM, HOTT, IMAX, JDSU, JMBA, KEYN, KCP, KTOS, LIOX, MSPD, MYGN,…
  • 01/31/12 Update OFG (Neutral; $12.00 PT): Lowering 2012/2013 EPS estimates from $1.03/$1.22 to $0.90/$1.16 on NIM compression and higher provisioning; downgrading…
  • 01/30/12 Morning Note B. Riley & Co. Morning Notes: CKEC, CLRO, CNK, GBCI, GSM, NFLX, OFG, PFBC, RGC, SIMO, VCLK
  • 10/26/11 Morning Note B. Riley & Co. Morning Notes: AFOP, DAVE, EHTH, ELNK, EXAR, GSM, IIVI, KONA, OFG, PCTI, PRGX, PVSW, SBNY, STBA, SIX
  • 10/26/11 Update OFG (Buy; $12.00): Reducing EPS Estimates on NIM Compression; Lowering Target Price by $4.00 to $12.00 but Reiterating “Buy” Rating.
  • 07/24/11 Morning Note B. Riley & Co. Morning Notes: ACW, CYN, HBHC, HOMB, MPAA, OFG, PPC, PRGX, PRSP, PVSW, Q2'11 Earnings Preview Update, SIMO, UMPQ
  • 07/21/11 Update OFG (Buy; $16.00): Raising EPS estimates on strong loan growth and improved NIM projections; maintaining target price and reiterating "Buy"…
  • 07/19/11 Morning Note B. Riley & Co. Morning Notes: API, BJRI, EGHT, OFG, OMEX, OZRK, VLCK, YHOO
  • 06/29/11 Morning Note B. Riley & Co. Morning Notes: API, EVOL, LIOX, OFG, PPC, RNST, STEC
  • 06/29/11 Update OFG (Buy; $16.00): Announces expansion of share repurchase program; raising EPS estimates and target price while reiterating "Buy" rating
  • 05/01/11 Morning Note B. Riley & Co. Morning Notes: ACCL, AEO, AXTI, BEBE, BIRT, BOFI, CACH, CALD CLFC, COHR, DRCO, DRL, FCAL, GSM, HOTT, IBKC, JDSU, JMBA, KCP, OCLR,…
  • 04/28/11 Update OFG (Buy; $14.50): Lowering EPS estimates on reduced loan growth and NIM projections; reducing target price and reiterating "Buy" rating
  • 03/30/11 Morning Note B. Riley & Co. Morning Notes: Bank Industry, BPOP, DRL, FBP, OFG, KSWS, Retail Apparel Industry
  • 03/30/11 Update OFG (Buy; $17.00): Takeaways From Management Meetings; Reiterating "Buy" Rating
  • 03/29/11 Update Bank Industry Update: Puerto Rico Economy and Bank Industry Update
  • 02/06/11 Morning Note B. Riley & Co. Morning Notes: BPOP, CLFC, ELNK, EPIC, FCAL, GSM, LIOX, MAG, OFG, Q4'10 Earnings Preview Update, RNST, STEC, STMP, WSFS
  • 02/03/11 Update OFG (Buy; $14.50): NIM Compression Causes 4Q10 Earnings Miss. Reducing EPS Estimates but Reiterating "Buy" Rating.
  • 01/27/11 Morning Note B. Riley & Co. Morning Notes: APM Industry, BPOP, COHR, DRL, GSIT, GSM, IBKC, OCLR, OPLK, OPNT, OFG, TCBI, UMPQ, UNTD
  • 11/28/10 Morning Note B. Riley & Co. Morning Notes: AEO, BEBE, CACH, FULT, HOTT, OFG, PSUN, WTSLA, ZUMZ
  • 11/07/10 Morning Note B. Riley & Co. Morning Notes: ADPT, DAIO, DRL, KEYN, OFG, OPXT, Q3 '10 Earnings Preview
  • 11/06/10 Update OFG ($13.25; Buy): Reports loss due to large non-operating charges. Core earnings beat our expectations.
  • 11/04/10 Morning Note B. Riley & Co. Morning Notes: AEO, BEBE, BIRT, BOFI, COHR, CPF, EVOL, GPX, HOTT, JDSU, KCP, KSWS, KTOS, LIOX, MPAA, OFG, SIMO, SIX, SRSL, UEIC,…
  • 11/01/10 Morning Note B. Riley & Co. Morning Notes: BOFI, DRL, IPGP, KCP, MSPD, OFG, OPNT, SIMO, SIX, STEC, TXRH, WL
  • 09/20/10 Morning Note B. Riley & Co Morning Notes: ACTU, Comm IC Industry, HOTT, NTCT, OFG, SABA
  • 08/05/10 Morning Note B. Riley & Co. Morning Notes: AEO, AVD, BGFV, BOFI, CPKI, EVOL, GPX, HIL, HOTT, IIVI, KSWS, KTOS, OFG, OPNT, OPXT, SRSL, UEIC, WTSLA, ZUMZ
  • 08/05/10 Update OFG ($13.75, Buy): OFG – Despite considerable noise in 2Q10 results, benefits of acquisition becoming apparent. Reiterating "Buy"…
  • 08/02/10 Morning Note B. Riley & Co. Morning Notes: ACTU, AEO, BEBE, CACH, DRL, FCF, HOTT, NARA, OFG, PSUN, STEC, UNCA, WSFS, WTSLA, ZUMZ
  • 07/18/10 Morning Note B. Riley & Co. Morning Notes: BPOP, CYN, CVBF, FBP, FULT, GBCI, HBHC, OFG, OZRK, PNFP, Q2 '10 Earnings Preview Update, RNST, SABA, WNI
  • 07/18/10 Update OFG ($13.52, Buy): Adjusting EPS Estimates to Reflect Lower Bargain Purchase Gain. Reiterating "Buy" Rating
  • 05/18/10 Morning Note B. Riley & Co. Morning Notes: BPOP, OFG, PNDMF, PSUN, WTSLA, ZUMZ
  • 05/02/10 Morning Note B. Riley & Co. Morning Notes: AEO, BEBE, BPOP, CACH, CPF, CYN, HOTT, OFG, PSUN, UMPQ, WSFS, WTSLA, ZUMZ
  • 05/02/10 Update OFG ($16.72, Buy): Acquires Eurobank in FDIC-Assisted Transaction and Completes Sale of $200 Million of Mandatorily Convertible Preferred Stock. Reiterating…
  • 04/21/10 Morning Note B. Riley & Co. Morning Notes: CHRD, EVOL, FULT, HOTT, KTOS, LIOX, NPBC, OCLR, OFG, PRSP, RNST, WL
  • 04/20/10 Update OFG ($16.40*, Buy): 1Q10 Results Fall $0.03 Shy of Estimates. Company Well-Positioned for Changing Environment. Reiterating “Buy” Rating.
  • 04/20/10 Morning Note B. Riley & Co. Morning Notes: AFOP, AXTI, CALD, CSGP, CYBI, GPX, LOOP, NARA, OFG, OPLK, PCTI, PNFP, PVSW, SBNY, SNAK, STBA, UNTD
  • 04/15/10 Morning Note B. Riley & Co. Morning Notes: AXTI, FULT, HBHC, HOMB, IBKC, KTOS, LTRE, OCLR, OFG, RNST, SIMO
  • 04/13/10 Update Consolidation in the Puerto Rico Banking Industry
  • 03/15/10 Morning Note B. Riley & Co. Morning Notes: CHRD, CRTS III Index, FNSR, GBCI, LTRE, OFG, Retail, UNTD, WNI
  • 03/15/10 Update OFG ($11.58, Buy): Commences Common Stock Offering Reiterating "Buy" Rating
  • 03/07/10 Morning Note B. Riley & Co. Morning Notes: CACH, CATY, EVOL, NEWP, NPBC, OCLR, OFG, Optical Industry
  • 01/31/10 Morning Note B. Riley & Co. Morning Notes: ACTU, AEO, ADPT, BEBE, BOFI, CACH, CATY, CLFC, CPF, CYN, GBCI, HOTT, IBKC, ISSI, OCLR, OFG, PVSW, PSUN, SUSQ, SYMM,…
  • 01/31/10 Update OFG ($11.38, Buy): B. Riley & Co. Research Update: Sale of Troubled Securities Results in Large 4Q09 Loss, but Strengthened Balance Sheet and…
  • 01/28/10 Morning Note B. Riley & Co. Morning Notes: AFOP, BEBE, CALD, CATY, CHRD, CLFC, COHR, CSGP, CYN, FNSR, GBCI, NPBC, OFG, OPLK, SIMO, UMPQ, UNTD
  • 10/25/09 Morning Note B. Riley & Co. Morning Notes: CACH, CMCO, CVBF, CYN, ELNK, FNB, GDI, OFG, SBNY, TRMK, WIBC, WL, WSFS
  • 10/22/09 Update OFG (Buy; $12.75): Oriental exceeds 3Q09 estimates on securities gains, but core earnings also strong. Reiterating "Buy" rating.
  • 10/19/09 Morning Note B. Riley & Co. Morning Notes: BPOP, CLFC, CRTS Index, CSGP, CVBF, CYN, HBHC, LOOP, MATK, NARA, OFG, TCBI, WCC, WMAR
  • 07/21/09 Update OFG ($11.78*, Buy): B. Riley & Co. Research Update: Oriental Exceeds 2Q09 Estimates by Wide Margin on Securities Gains, but Core Earnings Also…
  • 07/21/09 Update B. Riley & Co. Morning Notes: ADPT, CACH, CMCO, CPF, CRTS Index, CSGP, CVBF, EVOL, EWBC, MATK, OFG, SABA, STBA, TCBI, VSAT, WCC, WSO
  • 06/29/09 Update B. Riley & Co. Morning Notes: BPOP, CVBF, FAF, OFG, UBET
  • 04/26/09 Morning Note B. Riley & Co. Morning Notes: ELNK, EWBC, EUBK, FBP, FNB, GDI, GBCI, HOMB, KEYN, NTY, OFG, SUMT, UCBH, WSFS
  • 04/25/09 Update OFG ($7.95; Buy): Raising EPS Estimates Due to Projected NIM Increase. Reiterating “Buy” Rating.
  • 04/23/09 Morning Note B. Riley & Co. Morning Notes: GBCI HBHC NTY OFG OPLK RNST SHOO STMP SNAK UCBH WCC
  • 04/16/09 Morning Note B. Riley & Co. Morning Notes: BOH CHRD FULT HBHC IBKC NARA OFG RNST TSFG UMPQ
  • 03/12/09 Morning Note B. Riley & Co. Morning Notes: OFG, PSUN, STEC, WSFS, ZUMZ
  • 03/10/09 Morning Note B. Riley & Co. Morning Notes: EVOL, HIL, OFG, PSUN, SIMO, SIX-PB, ZUMZ
  • 03/10/09 Update OFG ($1.97, Buy): OFG Reports Strong Core 4Q08 Results. Reiterate "Buy" Rating
  • 02/16/09 Morning Note B. Riley & Co. Morning Notes: OFG PSUN
  • 11/16/08 Morning Note B. Riley & Co. Morning Notes: BPOP CHNL DRL MWW OFG TSFG UBET UCBH
  • 11/16/08 Update OFG ($10.08; Buy): B. Riley & Co. Research Update: Reducing EPS Estimates Due to Slowing Economy, but Reiterating “Buy” Rating
  • 11/12/08 Morning Note B. Riley & Co. Morning Notes: CALL CHIC KEYN NTY OFG
  • 10/30/08 Morning Note B. Riley & Co. Morning Notes: BGFV, CSTR, DRL, EGHT, EXAR, EXTR, LCCI.PK, MNST, OFG, OPLK, OPNT, SBNY, SIMO, VLCM
  • 10/12/08 Update OFG ($17.68; Buy): B. Riley & Co. Research Update: Oriental Announces Write-off of Lehman Bros. Counterparty Exposure. Reiterating
  • 10/12/08 Morning Note B. Riley & Co. Morning Notes: Bank Industry Report; Extreme Valuation Report; CRTS III Report; ACTU CLFC CPKI EXTR FULT GPX IBKC IKAN IRIS ISSI…
  • 07/31/08 Update OFG ($17.37; Buy): B. Riley & Co. Research Update: Oriental Again Beats Expectations in 2Q08. Reiterating
  • 07/30/08 Morning Note B. Riley & Co. Morning Notes: CHRD CTLM EGHT EVOL MSCS OFG
  • 07/28/08 Morning Note B. Riley & Co. Morning Notes: CATY EUBK EWBC EXTR IRIS KEYN OFG SNWL TSFG
  • 05/06/08 Update OFG ($20.16; Buy): B. Riley & Co. Research Update: Oriental Beats 1Q08 Expectations. Reiterating "Buy" Rating
  • 05/06/08 Morning Note B. Riley & Co. Morning Notes: DTPI EMKR FBP GPX HIL KCP OFG OPMR OPTV UNTD WWE
  • 04/27/08 Morning Note B. Riley & Co. Morning Notes: CRTS Index EGHT EUBK FBP GBCI INSP LNET OFG OPLK OPTV STEC SYMM TUES WSFS
  • 03/23/08 Update 2008-3-24_Research_Update_-_OFG.pdf
  • 03/23/08 Morning Note 08-03-24_Morning_Notes.pdf
  • 02/07/08 Update 2008-2-08 Research Update - OFG.pdf
  • 02/07/08 Morning Note 08-02-08 Morning Notes.pdf
  • 12/04/07 Morning Note 07-12-05 Morning Notes.pdf
  • 12/04/07 Update 2007-12-04 Research Update - OFG.pdf
  • 11/29/07 Morning Note 07-11-30 Morning Notes.pdf
  • 11/19/07 Morning Note 07-11-20 Morning Notes.pdf
  • 11/19/07 Update 2007-11-20 Upgrade - OFG Report.pdf
  • 10/29/07 Update 2007-10-30 Research Update - OFG.pdf
  • 10/29/07 Morning Note 07-10-29 Morning Notes.pdf
  • 10/17/07 Morning Note 07-10-18 Morning Notes.pdf
  • 10/17/07 Initiation of Coverage OFG Initial Report.pdf
  • 09/24/07 Morning Note 07-09-25 Morning Notes.pdf