Jose Rafael Fernandez
Net Worth

Last updated:

What is Jose Rafael Fernandez net worth?

The estimated net worth of Mr. Jose Rafael Fernandez is at least $55,355,683 as of 5 Dec 2024. He owns shares worth $10,095,282 as insider, has earned $12,290,401 from insider trading and has received compensation worth at least $32,970,000 in OFG Bancorp.

What is the salary of Jose Rafael Fernandez?

Mr. Jose Rafael Fernandez salary is $1,570,000 per year as Chief Executive Officer & Vice Chairman in OFG Bancorp.

How old is Jose Rafael Fernandez?

Mr. Jose Rafael Fernandez is 61 years old, born in 1964.

What stocks does Jose Rafael Fernandez currently own?

As insider, Mr. Jose Rafael Fernandez owns shares in one company:

Company Title Shares Price per share Total value
OFG Bancorp (OFG) Chief Executive Officer & Vice Chairman 234,774 $43 $10,095,282

What does OFG Bancorp do?

OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. In addition, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company operates through a network of 50 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

OFG logo
OFG
OFG Bancorp
$43

Jose Rafael Fernandez insider trading

OFG Bancorp

Mr. Jose Rafael Fernandez has made 36 insider trades between 2004-2024, according to the Form 4 filled with the SEC. Most recently he sold 50,000 units of OFG stock worth $2,268,350 on 5 Dec 2024.

The largest trade he's ever made was exercising 100,000 units of OFG stock on 10 Nov 2020. As of 5 Dec 2024 he still owns at least 234,774 units of OFG stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 50,000 $45.37 $2,268,350
Sale
Common Stock 50,000 $45.24 $2,262,100
Sale
Common Stock 55,000 $37.52 $2,063,325
Option
Common Stock 6,783 N/A N/A
Option
Common Stock 43,275 N/A N/A
Sale
Common Stock 25,000 $33.41 $835,275
Sale
Common Stock 50,000 $33.11 $1,655,300
Sale
Common Stock 7,472 $33.75 $252,143
Option
Common Stock 46,300 $17.44 $807,472
Option
Qualified Stock Option 46,300 $17.44 $807,472
Option
Common Stock 52,300 $16.1 $842,030
Option
Qualified Stock Options 52,300 $16.1 $842,030
Sale
Common Stock 20,152 $27.89 $562,100
Option
Common Stock 6,750 N/A N/A
Option
Restricted Units 7,149 N/A N/A
Option
Common Stock 9,617 N/A N/A
Option
Common Stock 7,149 N/A N/A
Option
Restricted Units 6,750 N/A N/A
Option
Common Stock 32,168 N/A N/A
Option
Restricted Units 9,617 N/A N/A
Sale
Common Stock 600 $29.43 $17,655
Sale
Common Stock 1,142 $29.46 $33,643
Sale
Common Stock 5,142 $29.4 $151,175
Sale
Common Stock 516 $29.4 $15,171
Sale
Common Stock 100 $29.47 $2,947
Sale
Common Stock 500 $29.46 $14,728
Sale
Common Stock 200 $29.41 $5,882
Sale
Common Stock 300 $29.45 $8,835
Sale
Common Stock 700 $29.41 $20,584
Sale
Common Stock 800 $29.44 $23,552
Sale
Common Stock 2,000 $29.26 $58,526
Sale
Common Stock 200 $29.36 $5,872
Sale
Common Stock 800 $29.33 $23,464
Sale
Common Stock 2,000 $29.25 $58,500
Sale
Common Stock 1,600 $29.28 $46,848
Sale
Common Stock 782 $29.27 $22,889
Sale
Common Stock 625 $29.25 $18,281
Sale
Common Stock 244 $29.3 $7,149
Sale
Common Stock 5,000 $29.65 $148,270
Sale
Common Stock 1,749 $29.65 $51,863
Option
Qualified Stock Options 36,600 $14.52 $531,432
Option
Common Stock 36,600 $14.52 $531,432
Option
Common Stock 9,616 N/A N/A
Option
Common Stock 56,013 N/A N/A
Option
Restricted Units 5,916 N/A N/A
Option
Restricted Units 9,616 N/A N/A
Option
Restricted Units 7,148 N/A N/A
Option
Common Stock 7,148 N/A N/A
Option
Common Stock 5,916 N/A N/A
Option
Common Stock 45,200 $11.83 $534,716
Option
Qualified Stock Options 45,200 $11.83 $534,716
Option
Restricted Units 57,890 N/A N/A
Option
Qualified Stock Options 100,000 N/A N/A
Option
Common Stock 100,000 $11.95 $1,195,000
Purchase
Common Stock 3,000 N/A N/A
Purchase
Common Stock 5,000 N/A N/A
Purchase
Common Stock 20,000 $12.9 $258,040
Purchase
Common Stock 20,000 $10.31 $206,240
Purchase
Common Stock 20,000 $7.76 $155,120
Purchase
Common Stock 152 $12.95 $1,968
Purchase
Common Stock 5,000 $12.9 $64,475
Purchase
Common Stock 7,000 N/A N/A
Purchase
Common Stock 5,000 $8.74 $43,700
Purchase
Common Stock 5,000 N/A N/A
Option
Restricted Units 23,200 N/A N/A
Option
Restricted Units 5,742 N/A N/A
Option
Common Stock 31,700 N/A N/A
Option
Qualified Stock Options 31,700 N/A N/A
Purchase
Common Stock 3,000 $15.17 $45,516
Purchase
Common Stock 3,000 N/A N/A
Sale
Common Stock 1,700 N/A N/A
Sale
Common Stock 20,000 N/A N/A
Sale
Common Stock 32,980 N/A N/A
Sale
Common Stock 32,980 $13.86 $457,235
Option
Restricted Units 60,000 N/A N/A
Option
Restricted Units 4,600 N/A N/A
Purchase
Common Stock 3,000 N/A N/A
Purchase
Common Stock 5,000 N/A N/A
Option
Common Stock 5,882 N/A N/A
Option
Qualified Stock Options 5,882 N/A N/A
Option
Restricted Units 6,500 N/A N/A
Purchase
Non-Cumulative Perpetual Preferred Stock, Series D 4,000 N/A N/A
Option
Restricted Units 50,000 N/A N/A
Option
Restricted Units 3,500 N/A N/A
Purchase
Common Stock 3,000 N/A N/A
Purchase
Common Stock 3,000 N/A N/A
Purchase
Common Stock 2,000 N/A N/A
Purchase
Non-Cumulative Perpetual Preferred Stock, Series D 6,340 N/A N/A
Option
Restricted Units 5,882 N/A N/A
Option
Common Stock 32,594 N/A N/A
Option
Qualified Stock Option 32,594 N/A N/A
Option
Qualified Stock Option 32,594 $12.02 $391,780
Option
Common Stock 32,594 $12.02 $391,780
Option
Restricted Units 6,000 N/A N/A
Option
Restricted Units 30,000 N/A N/A
Sale
Common Stock 15,000 N/A N/A
Sale
Common Stock 10,000 N/A N/A
Sale
Common Stock 10,000 N/A N/A
Option
Stock Option 35,356 $7.46 $263,685
Option
Common Stock 70,712 $7.46 $527,370
Option
Stock Option 17,553 $6.28 $110,233
Option
Common Stock 17,553 $6.28 $110,233
Option
Common Stock Options 22,181 $10.14 $224,982
Option
Common Stock 22,181 $10.14 $224,982
Purchase
Common Stock 2,000 $13.94 $27,880
Purchase
Common Stock 2,000 $13.1 $26,200
Purchase
Common Stock 9,000 $13.14 $118,260
Purchase
Common Stock 3,400 N/A N/A
Purchase
Common Stock 3,400 $13.29 $45,176
Purchase
Common Stock 9,800 $13.51 $132,427
Purchase
Common Stocks 400 $13.53 $5,412
Purchase
Common Stock 200 $13.29 $2,658
Purchase
Common Stocks 5,000 N/A N/A
Purchase
Common Stock 5,000 $14.19 $70,925
Sale
common stock 20,000 $29.38 $587,500
Option
common stock 32,140 $8.2 $263,677
Option
stock options 32,140 $8.2 $263,677
Sale
common stock 20,000 $30.56 $611,240
Option
common stock options 15,125 $4.43 $67,004
Option
common stock 15,125 $8.86 $134,008
Option
Stock Options 12,857 $7.9 $101,506
Option
Common Stock 51,425 $8.2 $421,891
Option
Stock Option 38,568 $8.51 $328,329

OFG Bancorp key executives

OFG Bancorp executives and other stock owners filed with the SEC:

  • Dr. Ganesh Kumar (61) Chief Operating Officer
  • Mr. Jose E. Cabrera Lazaro (54) Chief Risk & Compliance Officer
  • Mr. Jose Rafael Fernandez (61) Chief Executive Officer & Vice Chairman
  • Ms. Maritza Arizmendi Diaz CPA, CPA, Esq. (57) Chief Financial Officer