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OFG Bancorp NYSE:OFG Stock Report

Last Price

US$43.77

Market Cap

US$2.0b

7D

-1.3%

1Y

29.8%

Updated

17 Nov, 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$43.77
52 Week HighUS$47.57
52 Week LowUS$32.96
Beta1.02
11 Month Change7.38%
3 Month Change0.76%
1 Year Change29.84%
33 Year Change64.55%
5 Year Change114.56%
Change since IPO3,332.00%

Recent News & Updates

Recent updates

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?

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

Shareholder Returns

OFGUS BanksUS Market
7D-1.3%2.3%-2.1%
1Y29.8%54.0%30.2%

Return vs Industry: OFG underperformed the US Banks industry which returned 54% over the past year.

Return vs Market: OFG matched the US Market which returned 30.2% over the past year.

Price Volatility

Is OFG's price volatile compared to industry and market?
OFG volatility
OFG Average Weekly Movement5.5%
Banks Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
19642,236Jos 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$2.01b
Earnings (TTM)US$194.42m
Revenue (TTM)US$639.46m

10.3x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OFG income statement (TTM)
RevenueUS$639.46m
Cost of RevenueUS$0
Gross ProfitUS$639.46m
Other ExpensesUS$445.04m
EarningsUS$194.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.24
Gross Margin100.00%
Net Profit Margin30.40%
Debt/Equity Ratio20.5%

How did OFG perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

23%

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 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend43 days
Days until Dividend pay date58 days

Does OFG pay a reliable dividends?

See OFG dividend history and benchmarks