OFG Bancorp Past Earnings Performance

Past criteria checks 4/6

OFG Bancorp ha aumentado sus ingresos a un ritmo medio anual de 27.1%, mientras que la industria Banks ha visto aumentar sus ingresos growing a 12.7% anualmente. Los ingresos han crecido growing a un ritmo medio anual de 16%. OFG Bancorp La rentabilidad de los fondos propios de la empresa es de 16.6% y sus márgenes netos son de 29%.

Key information

27.0%

Earnings growth rate

27.8%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	15.6%
Return on equity	15.2%
Net Margin	28.9%
Next Earnings Update	18 Apr 2024

Recent past performance updates

Recent updates

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25

Mar 01

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25

Feb 04

If EPS Growth Is Important To You, OFG Bancorp (NYSE:OFG) Presents An Opportunity

Jan 04

OFG Bancorp: Downgrading To Hold After Price Rally, Expecting Earnings To Be Stable

Dec 28

OFG Bancorp's (NYSE:OFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 30

OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's

May 25

OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's

May 05

Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?

May 04

OFG Bancorp (NYSE:OFG) Will Pay A Larger Dividend Than Last Year At $0.22

Jan 29

OFG Bancorp raises dividend by 10% to $0.22

Jan 25

Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?

Jan 19

OFG Bancorp declares $0.20 dividend

Oct 28

OFG Bancorp GAAP EPS of $0.87 beats by $0.02, revenue of $156.8M beats by $1.86M

Oct 20

OFG Bancorp: Puerto Rico's Rapid Economic Recovery To Drive Earnings

Sep 18

OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year

Aug 09

OFG Bancorp raises dividend by 33% to $0.20

Jul 27

OFG Bancorp GAAP EPS of $0.84 beats by $0.11, revenue of $146.3M beats by $3.35M

Jul 21

Does OFG Bancorp (NYSE:OFG) Deserve A Spot On Your Watchlist?

Jul 20

OFG Bancorp: Strong Net Interest Income Growth On The Cards

Jul 02

OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year

Mar 23

OFG Bancorp's (NYSE:OFG) Dividend Will Be Increased To US$0.15

Jan 30

Revenue & Expenses Breakdown
Beta

How OFG Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:OFG Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	629	182	276
30 Sep 23	626	182	275
30 Jun 23	620	179	270
31 Mar 23	610	175	265
31 Dec 22	590	166	258
30 Sep 22	566	153	250
30 Jun 22	557	153	245
31 Mar 22	555	153	242
31 Dec 21	542	145	239
30 Sep 21	524	133	234
30 Jun 21	498	117	232
31 Mar 21	466	97	228
31 Dec 20	433	68	233
30 Sep 20	389	44	217
30 Jun 20	335	23	197
31 Mar 20	310	26	176
31 Dec 19	308	47	149
30 Sep 19	323	73	145
30 Jun 19	350	87	143
31 Mar 19	345	81	142
31 Dec 18	340	72	142
30 Sep 18	317	63	143
30 Jun 18	312	43	144
31 Mar 18	305	41	145
31 Dec 17	302	39	145
30 Sep 17	309	37	144
30 Jun 17	301	49	142
31 Mar 17	301	46	139
31 Dec 16	313	45	139
30 Sep 16	272	29	140
30 Jun 16	273	18	143
31 Mar 16	261	1	147
31 Dec 15	228	-16	147
30 Sep 15	280	5	151
30 Jun 15	293	20	150
31 Mar 15	323	45	150
31 Dec 14	365	71	156
30 Sep 14	371	71	156
30 Jun 14	373	71	162
31 Mar 14	356	87	168
31 Dec 13	353	85	173
30 Sep 13	318	45	157
30 Jun 13	304	43	139

Ingresos de calidad: OFG tiene ganancias de alta calidad.

Margen de beneficios creciente: OFGLos actuales márgenes de beneficio netos de (29%) son superiores a los del año pasado (27%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Tendencia de beneficios: OFGEn los últimos 5 años, los beneficios de la empresa han crecido significativamente: 27.1% al año.

Acelerando crecimiento: OFGEl crecimiento de los beneficios de la empresa en el último año (18.6%) está por debajo de su media de 5 años (27.1% al año).

Beneficios vs. Industria: OFG El crecimiento de los beneficios en el último año (18.6%) superó al del sector Banks 1.6% .

Return on Equity

Alto ROE: El Retorno sobre el capital de OFG (16.6%) se considera bajo.

Return on Assets

Return on Capital Employed

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OFG Bancorp Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

OFG Bancorp to Report Q1, 2024 Results on Apr 18, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

OFG Bancorp Reports Consolidated Total Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Full year 2023 earnings: EPS exceeds analyst expectations

OFG Bancorp to Report Q4, 2023 Results on Jan 24, 2024

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Recent updates

OFG Bancorp to Report Q1, 2024 Results on Apr 18, 2024

OFG Bancorp, Annual General Meeting, May 08, 2024

Chief Strategy Officer of U.S. Business recently sold US$672k worth of stock

Upcoming dividend of US$0.25 per share

President recently sold US$2.1m worth of stock

President exercised options and sold US$225k worth of stock

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25

Full year 2023 earnings: EPS exceeds analyst expectations

Chief Strategy Officer of U.S. Business exercised options and sold US$375k worth of stock

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25

Fourth quarter dividend increased to US$0.25

OFG Bancorp (NYSE:OFG) announces an Equity Buyback for $50 million worth of its shares.

OFG Bancorp Increases Regular Cash Dividend for the Quarter Ending March 31, 2024, Payable on April 15, 2024

OFG Bancorp Reports Consolidated Total Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Full year 2023 earnings: EPS exceeds analyst expectations

Price target increased by 8.6% to US$41.25

If EPS Growth Is Important To You, OFG Bancorp (NYSE:OFG) Presents An Opportunity

OFG Bancorp: Downgrading To Hold After Price Rally, Expecting Earnings To Be Stable

OFG Bancorp to Report Q4, 2023 Results on Jan 24, 2024

Upcoming dividend of US$0.22 per share at 2.3% yield

Chief Strategy Officer of U.S. Business recently sold US$515k worth of stock

Chief Strategy Officer of U.S. Business recently sold US$347k worth of stock

Independent Chairman of the Board recently sold US$508k worth of stock

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend for the Quarter Ending December 31, 2023, Payable on January 16, 2024

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Managing Director of Commercial Banking recently sold US$632k worth of stock

OFG Bancorp to Report Q3, 2023 Results on Oct 20, 2023

OFG Bancorp: Recovered Well From The Banking Crisis, But Nothing To See Here

Upcoming dividend of US$0.22 per share at 3.1% yield

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.22

OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year

President recently sold US$1.7m worth of stock

OFG Bancorp's (NYSE:OFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Chief Strategy Officer of U.S. Business recently sold US$1.2m worth of stock

Price target increased by 13% to US$37.63

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

OFG Bancorp to Report Q2, 2023 Results on Jul 20, 2023

Upcoming dividend of US$0.22 per share at 3.4% yield

President recently sold US$562k worth of stock

Investor sentiment improves as stock rises 16%

OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's

OFG Bancorp Appoints Angel Vázquez to its Board of Directors and Audit Committee and Risk and Compliance Committee

OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's

Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.22 per share at 3.4% yield

President exercised options and sold US$860k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

Independent Director recently sold US$443k worth of stock

Chief Operating Officer recently sold US$143k worth of stock

OFG Bancorp (NYSE:OFG) Will Pay A Larger Dividend Than Last Year At $0.22

OFG Bancorp Announces Unaudited Net Charge-Offs for the Fourth Quarter of 2022

Full year 2022 earnings: EPS exceeds analyst expectations

OFG Bancorp raises dividend by 10% to $0.22

Chief Operating Officer exercised options to buy US$326k worth of stock.

Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?

OFG Bancorp to Report Q4, 2022 Results on Jan 26, 2023

Upcoming dividend of US$0.20 per share

Independent Director recently sold US$428k worth of stock

President exercised options and sold US$261k worth of stock

OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend for the Quarter Ending December 31, 2022, Payable on January 17, 2023

OFG Bancorp declares $0.20 dividend

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

OFG Bancorp GAAP EPS of $0.87 beats by $0.02, revenue of $156.8M beats by $1.86M

OFG Bancorp to Report Q3, 2022 Results on Oct 20, 2022

Upcoming dividend of US$0.20 per share

OFG Bancorp: Puerto Rico's Rapid Economic Recovery To Drive Earnings

Independent Director recently bought US$151k worth of stock

Insider recently sold US$113k worth of stock

Revenue & Expenses Breakdown
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