Oriental Financial Group Inc. - Company Capsule

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					Oriental Financial Group Inc.

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Oriental Financial Group Inc. - Company
Capsule
Reference Code: FS0442CC
Published Date: April 2011




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Oriental Financial Group Inc. - Company Capsule                                     Page 1
Oriental Financial Group Inc.

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Oriental Financial Group Inc. - Company Overview

Oriental Financial Group Inc. (Oriental) is a Puerto Rico based financial holding company which engages in providing a
range of financial services through its subsidiaries. The company’s financial services include, mortgage, commercial and
consumer lending; checking and savings accounts; financial planning, insurance, asset management, and investment
brokerage, and corporate and individual trust and retirement services. Oriental offers these products and services to the
small and mid-sized businesses, principally in Puerto Rico. The company operates through four subsidiaries namely,
Oriental Bank and Trust, Oriental Financial Services Corp., Oriental Insurance, Inc. and Caribbean Pension Consultants,
Inc. and through its 23 financial centers in Puerto Rico. The company is headquartered in San Juan, Puerto Rico.


Financial Performance

The company reported interest income of US$319.4 million during the year 2009. The company's interest income grew at
a CAGR of 5.06% during the period 2007-2009 with a year on year decline of 5.79% over fiscal year 2008. During the
fiscal year 2009, its operating margin was 9.36% as against the operating margin of 5.15% in the fiscal year 2008. During
the fiscal year2009, the company’s net profit margin was 7.18% as against the net profit margin of 7.90% in the fiscal year
2008.

Oriental Financial Group Inc. - Key Facts

Oriental Financial Group Inc., Key Facts

                                  997 San Roberto Street, San
                                                                    Ticker Symbol, Stock       OFG (New York Stock
Corporate Address:                Juan, , 00926, Puerto Rico                                   Exchange)
                                                                    Exchange



Telephone                          + 1 787 7716800                  No. of Employees           846



Fax                                + 1 787 7716770                  Financial Year End         December



URL                               www.orientalfg.com                Revenue (in USD Million)   319.40



Industry                          Financial Services



Locations                         United States, Puerto Rico

Source: Annual Report, Company Website, Primary and Secondary Research




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Oriental Financial Group Inc. - Company Capsule                                                                      Page 2
Oriental Financial Group Inc.

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Oriental Financial Group Inc. - Major Products and Services

Oriental Financial Group Inc. is a Puerto Rico financial holding company that provides a range of financial services
through its subsidiaries. Key services of the company include the following:

Oriental Financial Group Inc., Major Products and Services
Services:

Financial Planning Services

Money Management and Investment Brokerage Services

Trust Services

Deposits

Loans and Mortgages

Insurance

Checking and savings accounts

Retirement products and programs
Source: Annual Report, Company Website, Primary and Secondary Research




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Oriental Financial Group Inc. - Company Capsule                                                                    Page 3
Oriental Financial Group Inc.

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Oriental Financial Group Inc. - Key Competitors

The following companies are the major competitors of Oriental Financial Group Inc.:

Capital City Bank Group, Inc.

Doral Financial Corporation

EuroBancshares, Inc

First Bancorp.

Popular, Inc.

R&G Financial Corporation




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Oriental Financial Group Inc. - Company Capsule                                       Page 4
Oriental Financial Group Inc.

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Oriental Financial Group Inc. - Key Employees


Oriental Financial Group Inc., Key Employees


            Name                               Job Title                       Board Level     Since   Age


Carlos Vina                    Auditor General, Senior Vice President Senior Management        2009    43


Cesar Ortiz                    Senior Vice President, Controller         Senior Management     2010    35


Francisco Arrivi               Director                                  Non Executive Board   1998    64


                               Executive Vice President, Chief
Ganesh Kumar                                                             Senior Management     2009    46
                               Operating Officer

                               First Senior Vice President, Executive
Jose Diaz                                                                Senior Management             45
                               Trust Officer

                               Senior Executive Vice President -
Jose Gonzalez                                                            Senior Management     2010    55
                               Banking and Corporate Development


Jose J. Gil de Lamadrid        Chairman                                  Executive Board       2006    54


                               Vice Chairman, Chief Executive Officer,
Jose Rafael Fernandez                                                  Executive Board         2008    46
                               President


Josen Rossi                    Director                                  Non Executive Board   2008    51


Juan Carlos Aguayo             Director                                  Non Executive Board   2004    46


Julian S. Inclan               Director                                  Non Executive Board   2008    62


                               Chief Investment Officer, Treasurer,
Julio R. Micheo                                                          Senior Management     2006    50
                               Senior Executive Vice President


Luis Salva                     Chief Credit Officer                      Senior Management     2005    63


                               Senior Vice President, Head Retail
Mari Rodriguez                                                           Senior Management             39
                               Banking


Nelson Garcia                  Director                                  Non Executive Board   2006    69


                               Chief Financial Officer, Executive Vice
Norberto Gonzalez                                                        Senior Management     2006    51
                               President


Pablo I. Altieri               Director                                  Non Executive Board   1990    66


Pedro Morazzani Ferrer         Director                                  Non Executive Board   2006    56


Rafael             Machargo-
                               Director                                  Non Executive Board   2008    65
Chardon

                               Head Mortgage and Business
Sylvia Rivera                                                            Senior Management             41
                               Development
Source: Annual Report, Company Website, Primary and Secondary Research




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Oriental Financial Group Inc. - Company Capsule                                                     
				
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