OFG Bancorp

DB:OFP Stock Report

Market Cap: €1.8b

OFG Bancorp Past Earnings Performance

Past criteria checks 3/6

OFG Bancorp has been growing earnings at an average annual rate of 27.6%, while the Banks industry saw earnings growing at 17.8% annually. Revenues have been growing at an average rate of 14.3% per year. OFG Bancorp's return on equity is 14.7%, and it has net margins of 30.4%.

Key information

27.6%

Earnings growth rate

29.5%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate14.3%
Return on equity14.7%
Net Margin30.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

DB:OFP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246391942790
30 Jun 246421922780
31 Mar 246331852770
31 Dec 236291822760
30 Sep 236261822740
30 Jun 236201792690
31 Mar 236101752650
31 Dec 225901662580
30 Sep 225661532500
30 Jun 225571532450
31 Mar 225551532420
31 Dec 215421452390
30 Sep 215241332340
30 Jun 214981172320
31 Mar 21466972280
31 Dec 20433682330
30 Sep 20389442170
30 Jun 20335231970
31 Mar 20310261760
31 Dec 19308471490
30 Sep 19323731450
30 Jun 19350871430
31 Mar 19345811420
31 Dec 18340721420
30 Sep 18317631430
30 Jun 18312431440
31 Mar 18305411450
31 Dec 17302391450
30 Sep 17309371440
30 Jun 17301491420
31 Mar 17301461390
31 Dec 16313451390
30 Sep 16272291400
30 Jun 16273181430
31 Mar 1626111470
31 Dec 15228-161470
30 Sep 1528051510
30 Jun 15293201500
31 Mar 15323451500
31 Dec 14365711560
30 Sep 14371711560
30 Jun 14373711620
31 Mar 14356871680
31 Dec 13353851730

Quality Earnings: OFP has high quality earnings.

Growing Profit Margin: OFP's current net profit margins (30.4%) are higher than last year (29%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OFP's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: OFP's earnings growth over the past year (7%) is below its 5-year average (27.6% per year).

Earnings vs Industry: OFP earnings growth over the past year (7%) did not outperform the Banks industry 12.6%.

Return on Equity

High ROE: OFP's Return on Equity (14.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:36
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OFG Bancorp is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph GladueB. Riley Securities, Inc.
Brett ScheinerFBR Capital Markets & Co.
Taylor BrodarickGuggenheim Securities, LLC