OFG Bancorp is a financial holding company. Through its subsidiaries, Co. provides banking and financial services and solutions to its clients, including commercial, consumer, auto, leasing, checking and savings accounts. Co. operates through three main business segments: Banking, which provides banking products such as deposits and commercial, consumer and mortgage loans; Wealth Management, which provides financial planning, money management and investment banking, investment advisory services, corporate and individual trust and retirement services, as well as retirement plan administration services; and Treasury, which encompasses all of Co.'s asset/liability management activities. We show 56 historical shares outstanding datapoints in our coverage of OFG's shares outstanding history.
Understanding the changing numbers of OFG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like OFG versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching OFG by allowing them to research OFG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
