OFG Stock Overview
OFG Bancorp, a financial holding company, provides a range of banking and financial services.
OFG Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$26.94|
|52 Week High||US$30.93|
|52 Week Low||US$19.78|
|1 Month Change||1.70%|
|3 Month Change||-3.02%|
|1 Year Change||7.63%|
|3 Year Change||38.30%|
|5 Year Change||179.17%|
|Change since IPO||2,012.36%|
Recent News & Updates
|OFG||US Banks||US Market|
Return vs Industry: OFG exceeded the US Banks industry which returned -19.9% over the past year.
Return vs Market: OFG exceeded the US Market which returned -12.9% over the past year.
|OFG Average Weekly Movement||4.7%|
|Banks Industry Average Movement||4.0%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: OFG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: OFG's weekly volatility (5%) has been stable over the past year.
About the Company
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
|OFG fundamental statistics|
Is OFG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OFG income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.15|
|Net Profit Margin||27.63%|
How did OFG perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Does OFG pay a reliable dividends?See OFG dividend history and benchmarks
|OFG Bancorp dividend dates|
|Ex Dividend Date||Jun 29 2022|
|Dividend Pay Date||Jul 15 2022|
|Days until Ex dividend||37 days|
|Days until Dividend pay date||53 days|
Does OFG pay a reliable dividends?See OFG dividend history and benchmarks
Is OFG Bancorp undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OFG ($26.94) is trading below our estimate of fair value ($90.53)
Significantly Below Fair Value: OFG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OFG is good value based on its PE Ratio (8.5x) compared to the US Banks industry average (9.7x).
PE vs Market: OFG is good value based on its PE Ratio (8.5x) compared to the US market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: OFG is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: OFG is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is OFG Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OFG's forecast earnings growth (2.2% per year) is above the savings rate (1.9%).
Earnings vs Market: OFG's earnings (2.2% per year) are forecast to grow slower than the US market (12.5% per year).
High Growth Earnings: OFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: OFG's revenue (6.5% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: OFG's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OFG's Return on Equity is forecast to be high in 3 years time
How has OFG Bancorp performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OFG has high quality earnings.
Growing Profit Margin: OFG's current net profit margins (27.6%) are higher than last year (20.8%).
Past Earnings Growth Analysis
Earnings Trend: OFG's earnings have grown significantly by 24.5% per year over the past 5 years.
Accelerating Growth: OFG's earnings growth over the past year (58.4%) exceeds its 5-year average (24.5% per year).
Earnings vs Industry: OFG earnings growth over the past year (58.4%) exceeded the Banks industry 20.9%.
Return on Equity
High ROE: OFG's Return on Equity (14.7%) is considered low.
How is OFG Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: OFG's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: OFG has a sufficient allowance for bad loans (161%).
Low Risk Liabilities: 98% 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 (63%).
Low Risk Deposits: OFG's Loans to Deposits ratio (71%) is appropriate.
Level of Bad Loans: OFG has an appropriate level of bad loans (1.5%).
What is OFG Bancorp current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: OFG's dividend (2.23%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: OFG's dividend (2.23%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: OFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: OFG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), OFG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jos Fernandez (57 yo)
Mr. Jose Rafael Fernandez, also known as Jos, has been the Chief Executive Officer of OFG Bancorp and Oriental Bank since 2004 and also serves as its President. Mr. Fernandez has been the Vice Chairman of...
CEO Compensation Analysis
Compensation vs Market: Jos's total compensation ($USD3.02M) is below average for companies of similar size in the US market ($USD5.44M).
Compensation vs Earnings: Jos's compensation has been consistent with company performance over the past year.
Experienced Management: OFG's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: OFG's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OFG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
OFG Bancorp's employee growth, exchange listings and data sources
- Name: OFG Bancorp
- Ticker: OFG
- Exchange: NYSE
- Founded: 1964
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$1.309b
- Shares outstanding: 48.60m
- Website: https://www.ofgbancorp.com
Number of Employees
- OFG Bancorp
- 254 MuNoz Rivera Avenue
- San Juan
- Puerto Rico
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.