Popular OFG Bank Sees Buy Ratings While First BanCorp Holds Neutral
Monday, 26 August 2024, 14:59
Analysis of Popular OFG and First BanCorp Ratings
Piper has recently initiated coverage of three major Puerto Rican banks, including Popular OFG, which has received a favorable Buy rating. This assessment signals potential growth and investment opportunities within the banking sector in Puerto Rico.
Coverage Overview
- Popular OFG: Rated Buy
- First BanCorp: Rated Neutral
- Other banks evaluated: BPOP and FBP
These ratings are crucial in guiding investor strategies and highlighting the evolving dynamics in the regional market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.