OFG Bancorp logo
OFG logo

OFG BancorpNYSE:OFG Stock Report

Market Cap US$1.9b
Share Price
n/a
1Y16.7%
7D-3.5%
Portfolio Value
​
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OFG Bancorp

NYSE:OFG Stock Report

Market Cap: US$1.9b

OFG Stock Overview

A financial holding company, provides a range of banking and financial services. More details

OFG fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 46.4% below our estimate of its fair value

Earnings grew by 9% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 22.1%

Risk Analysis

Earnings are forecast to decline by an average of 0.8% per year for the next 3 years

Unstable dividend track record

Significant insider selling over the past 3 months


Community vs My Fair Value

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OFG logo
OFG Bancorp
WA
Analyst Price Target
Consensus Narrative from 4 Analysts

Puerto Rico Digital Initiatives And New Products Will Drive Future Success

Key Takeaways OFG Bancorp's digital strategy and product introductions drive customer and transaction growth, boosting revenue and improving margins. Loan production expansion and strategic acquisitions in Puerto Rico bolster fee income, enhancing revenue and shareholder returns.
View narrative
US$50.88
FV
18.1% undervalued intrinsic discount
9.06%
Revenue growth p.a.
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22 days ago author updated this narrative
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OFG Bancorp Competitors

First Bancorp

NasdaqGS:FBNC

US$1.8b

Pathward Financial

NasdaqGS:CASH

US$1.9b

NBT Bancorp

NasdaqGS:NBTB

US$2.3b

Stock Yards Bancorp

NasdaqGS:SYBT

US$2.2b

Price History & Performance

Summary of share price highs, lows and changes for OFG Bancorp
Historical stock prices
Current Share PriceUS$41.67
52 Week HighUS$47.66
52 Week LowUS$33.19
Beta1.02
1 Month Change-5.81%
3 Month Change-6.17%
1 Year Change16.69%
3 Year Change52.02%
5 Year Change133.05%
Change since IPO3,167.34%

Recent News & Updates

OFG Bancorp: The Picture Looks Better Than I Previously Thought

Feb 08

OFG Bancorp: Maintaining A Buy Rating With A Flattish Earnings Outlook

Jan 29

Recent updates

OFG Bancorp: The Picture Looks Better Than I Previously Thought

Feb 08

OFG Bancorp: Maintaining A Buy Rating With A Flattish Earnings Outlook

Jan 29

OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate

Oct 15

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

Oct 14
Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?

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

Jul 03
Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?

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?

Shareholder Returns

OFGUS BanksUS Market
7D-3.5%0.6%1.2%
1Y16.7%41.7%23.7%

Return vs Industry: OFG underperformed the US Banks industry which returned 41.7% over the past year.

Return vs Market: OFG underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is OFG's price volatile compared to industry and market?
OFG volatility
OFG Average Weekly Movement3.6%
Banks Industry Average Movement3.8%
Market Average Movement5.9%
10% most volatile stocks in US Market18.0%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
19642,246Jos Fernándezwww.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$1.93b
Earnings (TTM)US$198.17m
Revenue (TTM)US$629.44m

9.7x

P/E Ratio

1.5x

P/B Ratio

Is OFG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OFG income statement (TTM)
RevenueUS$629.44m
Cost of RevenueUS$0
Gross ProfitUS$629.44m
Other ExpensesUS$431.27m
EarningsUS$198.17m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.32
Gross Margin100.00%
Net Profit Margin31.48%
Debt/Equity Ratio32.0%

How did OFG perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

24%

Payout Ratio

Does OFG pay a reliable dividends?

See OFG dividend history and benchmarks
When do you need to buy OFG by to receive an upcoming dividend?
OFG Bancorp dividend dates
Ex Dividend DateMar 31 2025
Dividend Pay DateApr 15 2025
Days until Ex dividend39 days
Days until Dividend pay date54 days

Does OFG pay a reliable dividends?

See OFG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 07:25
End of Day Share Price 2025/02/19 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

OFG Bancorp is covered by 11 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