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OFG Bancorp NYSE:OFG Stock Report

Last Price

US$36.46

Market Cap

US$1.7b

7D

9.0%

1Y

42.4%

Updated

25 Apr, 2024

Data

Company Financials +

OFG Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OFG Bancorp
Historical stock prices
Current Share PriceUS$36.46
52 Week HighUS$39.04
52 Week LowUS$22.34
Beta1.1
1 Month Change2.62%
3 Month Change-3.98%
1 Year Change42.37%
3 Year Change52.36%
5 Year Change80.76%
Change since IPO2,758.82%

Recent News & 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

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

Feb 04
OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25

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

Jan 04
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

Dec 28

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

Sep 23

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

Aug 29
OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.22

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

Aug 14
OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year

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

Jul 30
OFG Bancorp's (NYSE:OFG) Shareholders Will Receive A Bigger Dividend Than Last Year

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

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

May 05
OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's

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

May 04
Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?

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

Jan 29
OFG Bancorp (NYSE:OFG) Will Pay A Larger Dividend Than Last Year At $0.22

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

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

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

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

Shareholder Returns

OFGUS BanksUS Market
7D9.0%6.8%1.2%
1Y42.4%34.4%24.9%

Return vs Industry: OFG exceeded the US Banks industry which returned 34.4% over the past year.

Return vs Market: OFG exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is OFG's price volatile compared to industry and market?
OFG volatility
OFG Average Weekly Movement3.7%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: OFG has not had significant price volatility in the past 3 months.

Volatility Over Time: OFG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19642,230Jos Fernandezwww.ofgbancorp.com

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, and individual retirement accounts; certificate of deposits, as well as time deposit products; commercial, consumer, auto leasing, and mortgage lending services; credit cards; cash management; financial planning and insurance services; and corporate and individual trust, and retirement services.

OFG Bancorp Fundamentals Summary

How do OFG Bancorp's earnings and revenue compare to its market cap?
OFG fundamental statistics
Market capUS$1.72b
Earnings (TTM)US$185.34m
Revenue (TTM)US$632.59m

9.3x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OFG income statement (TTM)
RevenueUS$632.59m
Cost of RevenueUS$0
Gross ProfitUS$632.59m
Other ExpensesUS$447.25m
EarningsUS$185.34m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.93
Gross Margin100.00%
Net Profit Margin29.30%
Debt/Equity Ratio16.5%

How did OFG perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

23%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.