OFG Stock Overview
A financial holding company, provides a range of banking and financial services. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
OFG Bancorp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$41.20 |
| 52 Week High | US$47.66 |
| 52 Week Low | US$33.19 |
| Beta | 1.02 |
| 1 Month Change | -5.20% |
| 3 Month Change | -9.15% |
| 1 Year Change | 11.08% |
| 3 Year Change | 57.55% |
| 5 Year Change | 75.62% |
| Change since IPO | 3,130.49% |
Recent News & Updates
Recent updates
OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate
Oct 15Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?
Oct 14
Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?
Jul 03OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25
Mar 01OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.25
Feb 04If EPS Growth Is Important To You, OFG Bancorp (NYSE:OFG) Presents An Opportunity
Jan 04OFG Bancorp: Downgrading To Hold After Price Rally, Expecting Earnings To Be Stable
Dec 28OFG Bancorp: Recovered Well From The Banking Crisis, But Nothing To See Here
Sep 23OFG Bancorp (NYSE:OFG) Is Increasing Its Dividend To $0.22
Aug 29OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year
Aug 14OFG Bancorp's (NYSE:OFG) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 30OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's
May 25OFG Bancorp's (NYSE:OFG) Upcoming Dividend Will Be Larger Than Last Year's
May 05Do OFG Bancorp's (NYSE:OFG) Earnings Warrant Your Attention?
May 04OFG Bancorp (NYSE:OFG) Will Pay A Larger Dividend Than Last Year At $0.22
Jan 29OFG Bancorp raises dividend by 10% to $0.22
Jan 25Should You Be Adding OFG Bancorp (NYSE:OFG) To Your Watchlist Today?
Jan 19OFG Bancorp declares $0.20 dividend
Oct 28OFG Bancorp GAAP EPS of $0.87 beats by $0.02, revenue of $156.8M beats by $1.86M
Oct 20OFG Bancorp: Puerto Rico's Rapid Economic Recovery To Drive Earnings
Sep 18Shareholder Returns
| OFG | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.9% | -6.3% | -4.0% |
| 1Y | 11.1% | 28.2% | 24.0% |
Return vs Industry: OFG underperformed the US Banks industry which returned 31.3% over the past year.
Return vs Market: OFG underperformed the US Market which returned 26.1% over the past year.
Price Volatility
| OFG volatility | |
|---|---|
| OFG Average Weekly Movement | 5.6% |
| Banks Industry Average Movement | 5.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
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 (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | 2,236 | Jos Fernández | 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, 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
| OFG fundamental statistics | |
|---|---|
| Market cap | US$1.97b |
| Earnings (TTM) | US$194.42m |
| Revenue (TTM) | US$639.46m |
9.7x
P/E Ratio1.4x
P/B RatioIs OFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OFG income statement (TTM) | |
|---|---|
| Revenue | US$639.46m |
| Cost of Revenue | US$0 |
| Gross Profit | US$639.46m |
| Other Expenses | US$445.04m |
| Earnings | US$194.42m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.24 |
| Gross Margin | 100.00% |
| Net Profit Margin | 30.40% |
| Debt/Equity Ratio | 20.5% |
How did OFG perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield23%
Payout RatioDoes OFG pay a reliable dividends?
See OFG dividend history and benchmarks| OFG Bancorp dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 12 days |
| Days until Dividend pay date | 27 days |
Does OFG pay a reliable dividends?
See OFG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:00 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Joseph Gladue | B. Riley Securities, Inc. |
| Brett Scheiner | FBR Capital Markets & Co. |
| Taylor Brodarick | Guggenheim Securities, LLC |