Barron's 400 adds OFG Bancorp.
BANKING AND CREDIT NEWS-November 11, 2014--Barron's 400 adds OFG Bancorp
(C)2014 M2 COMMUNICATIONS http://www.m2.com
11 November 2014 -- Puerto Rico-based bank holding company OFG Bancorp (NYSE: OFG) said it 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, aims to measure the performance of the most fundamentally sound and attractively priced stocks.
The Barron's 400 Index ETF (NYSE: BFOR), first introduced in the September 3, 2007 issue of Barron's, has outperformed the broader US equity market by more than four percentage points per year in the last decade, OFG said.
OFG Bancorp operates under US and Puerto Rico banking laws and regulations.
Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a 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 centres.
Find out more at www.ofgbancorp.com.
1 USD = .63 GBP
((Comments on this story may be sent to firstname.lastname@example.org))