OFG Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
OFG Bancorp has total assets of $11.3B and total equity of $1.2B. Total deposits are $9.8B, and total loans are $7.4B. It earns a Net Interest Margin of 6.1%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $748.2M.
Key information
9.5x
Asset to equity ratio
6.1%
Net interest margin
| Total deposits | US$9.76b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$748.19m |
Recent financial health updates
No 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
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 18OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year
Aug 09OFG Bancorp raises dividend by 33% to $0.20
Jul 27OFG Bancorp GAAP EPS of $0.84 beats by $0.11, revenue of $146.3M beats by $3.35M
Jul 21Does OFG Bancorp (NYSE:OFG) Deserve A Spot On Your Watchlist?
Jul 20OFG Bancorp: Strong Net Interest Income Growth On The Cards
Jul 02OFG Bancorp (NYSE:OFG) Is Paying Out A Larger Dividend Than Last Year
Mar 23OFG Bancorp's (NYSE:OFG) Dividend Will Be Increased To US$0.15
Jan 30Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: OFG's Assets to Equity ratio (9.5x) is low.
Allowance for Bad Loans: OFG has a sufficient allowance for bad loans (189%).
Low Risk Liabilities: 96% of OFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: OFG has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: OFG's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: OFG has an appropriate level of bad loans (1.1%).