company background image
OFG

OFG Bancorp NYSE:OFG Stock Report

Last Price

US$28.95

Market Cap

US$1.4b

7D

3.7%

1Y

16.7%

Updated

27 Nov, 2022

Data

Company Financials +
OFG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

OFG Stock Overview

OFG Bancorp, a financial holding company, provides a range of banking and financial services.

OFG Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OFG Bancorp
Historical stock prices
Current Share PriceUS$28.95
52 Week HighUS$30.93
52 Week LowUS$23.82
Beta1.18
1 Month Change3.39%
3 Month Change5.27%
1 Year Change16.69%
3 Year Change34.97%
5 Year Change196.92%
Change since IPO2,169.96%

Recent News & Updates

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

Recent updates

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

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 (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

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

Jan 30
OFG Bancorp's (NYSE:OFG) Dividend Will Be Increased To US$0.15

OFG Bancorp (NYSE:OFG) Released Earnings Last Week And Analysts Lifted Their Price Target To US$35.33

Jan 22
OFG Bancorp (NYSE:OFG) Released Earnings Last Week And Analysts Lifted Their Price Target To US$35.33

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To US$0.12

Dec 29
OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To US$0.12

OFG Bancorp (NYSE:OFG) Has Announced That It Will Be Increasing Its Dividend To US$0.12

Nov 04
OFG Bancorp (NYSE:OFG) Has Announced That It Will Be Increasing Its Dividend To US$0.12

OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To US$0.12

Sep 23
OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To US$0.12

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

Sep 09
OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why We Think OFG Bancorp (NYSE:OFG) Is Well Worth Watching

May 11
Here's Why We Think OFG Bancorp (NYSE:OFG) Is Well Worth Watching

Have OFG Bancorp (NYSE:OFG) Insiders Been Selling Their Stock?

Mar 11
Have OFG Bancorp (NYSE:OFG) Insiders Been Selling Their Stock?

Is OFG Bancorp (NYSE:OFG) An Attractive Dividend Stock?

Feb 22
Is OFG Bancorp (NYSE:OFG) An Attractive Dividend Stock?

How Much Are OFG Bancorp (NYSE:OFG) Insiders Spending On Buying Shares?

Jan 18
How Much Are OFG Bancorp (NYSE:OFG) Insiders Spending On Buying Shares?

Shareholders Of OFG Bancorp (NYSE:OFG) Must Be Happy With Their 170% Total Return

Dec 14
Shareholders Of OFG Bancorp (NYSE:OFG) Must Be Happy With Their 170% Total Return

Shareholder Returns

OFGUS BanksUS Market
7D3.7%1.9%1.3%
1Y16.7%-14.0%-18.5%

Return vs Industry: OFG exceeded the US Banks industry which returned -14% over the past year.

Return vs Market: OFG exceeded the US Market which returned -18.5% 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 Movement4.0%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: OFG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19642,246Jos Fernandezhttps://www.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, 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.

OFG Bancorp Fundamentals Summary

How do OFG Bancorp's earnings and revenue compare to its market cap?
OFG fundamental statistics
Market CapUS$1.38b
Earnings (TTM)US$153.15m
Revenue (TTM)US$566.41m

9.0x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OFG income statement (TTM)
RevenueUS$566.41m
Cost of RevenueUS$0
Gross ProfitUS$566.41m
Other ExpensesUS$413.26m
EarningsUS$153.15m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.22
Gross Margin100.00%
Net Profit Margin27.04%
Debt/Equity Ratio2.7%

How did OFG perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

20%

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 DateDec 29 2022
Dividend Pay DateJan 17 2023
Days until Ex dividend30 days
Days until Dividend pay date49 days

Does OFG pay a reliable dividends?

See OFG dividend history and benchmarks