Financial Services -
Banks - Regional - NYSE - US
$ 45.01
1.37 %
$ 2.02 B
Market Cap
10.77
P/E
1. INTRINSIC VALUE
Balance Sheet
OFG Bancorp
| Current Assets | 3.07 B |
| Cash & Short-Term Investments | 2.93 B |
| Receivables | 71.7 M |
| Other Current Assets | 72.1 M |
| Non-Current Assets | 8.43 B |
| Long-Term Investments | 8.02 B |
| PP&E | 124 M |
| Other Non-Current Assets | 288 M |
| Current Liabilities | 9.68 B |
| Accounts Payable | 0 |
| Short-Term Debt | 75.2 M |
| Other Current Liabilities | 9.6 B |
| Non-Current Liabilities | 566 M |
| Long-Term Debt | 347 M |
| Other Non-Current Liabilities | 219 M |
EFFICIENCY
Earnings Waterfall
OFG Bancorp
| Revenue | 823 M |
| Cost Of Revenue | 244 M |
| Gross Profit | 579 M |
| Operating Expenses | 325 M |
| Operating Income | 254 M |
| Other Expenses | 55.6 M |
| Net Income | 198 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
OFG Bancorp
| Net Income | 198 M |
| Depreciation & Amortization | 26.8 M |
| Capital Expenditures | -41.7 M |
| Stock-Based Compensation | 7.17 M |
| Change in Working Capital | -35.3 M |
| Others | -1.46 M |
| Free Cash Flow | 211 M |
Wall Street Analysts Price Targets
OFG Bancorp
Wall Street analysts predict an average 1-year price target for OFG of $48 , with forecasts ranging from
a
low of
$47 to a high of $49 .
OFG Lowest Price Target
Wall Street Target
47 USD
4.42%
OFG Average Price Target
Wall Street Target
48 USD
6.64%
OFG Highest Price Target
Wall Street Target
49 USD
8.86%
4. DIVIDEND
ANALYSIS
0.63%
DIVIDEND YIELD
0.3 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
OFG Bancorp
Sold
0-3 MONTHS
207 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
4.99 M USD 2
9-12 MONTHS
2.02 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
OFG Bancorp to Report 2Q25 Results and Hold Call Thursday, July 17, 2025
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report second quarter 2025 financial results on Thursday, July 17, 2025, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 245-3047 Participant International Phone Number: (203) 518-9765 Conference ID: OFGQ225 The call can also be accessed live on OFG's website at www.ofgbancorp.com. Webcast replay will be available shortly thereafter. Visit the webcast.
businesswire.com
- 3 weeks ago
OFG Bancorp Doesn't Deserve A Downgrade At This Time
OFG Bancorp has maintained a 'buy' rating due to its strong asset quality, attractive valuation, and robust digital growth strategy. The company's net interest income and non-interest income saw slight declines recently, but deposits and loans have grown, indicating overall balance sheet strength. OFG Bancorp's digital initiatives have shown significant growth, with notable increases in digital loan payments and virtual teller use, enhancing operational efficiency.
seekingalpha.com
- 2 months ago
OFG Bancorp Announces New $100 Million Share Repurchase Plan
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $100 million stock repurchase authorization plan as part of OFG's capital actions. The new plan, which is open-ended, is in addition to the previously authorized stock repurchase plan. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulation.
businesswire.com
- 2 months ago
OFG (OFG) Upgraded to Buy: Here's Why
OFG (OFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
zacks.com
- 2 months ago
Is OFG Bancorp (OFG) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 2 months ago
OFG Bancorp (OFG) Q1 2025 Earnings Call Transcript
OFG Bancorp (NYSE:OFG ) Q1 2025 Earnings Conference Call April 23, 2025 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman & Chief Executive Officer Maritza Arizmendi - Chief Financial Officer Cesar Ortiz - Chief Risk Officer Conference Call Participants Frank Schiraldi - Piper Sandler Timur Braziler - Wells Fargo Brett Rabatin - Hovde Group Kelly Motta - KBW Operator Good morning. Thank you for joining OFG Bancorp's Conference Call.
seekingalpha.com
- 2 months ago
OFG Bancorp (OFG) Misses Q1 Earnings Estimates
OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.05 per share a year ago.
zacks.com
- 2 months ago
OFG Bancorp Reports 1Q25 Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2025. EPS diluted of $1.00 compared to $1.09 in 4Q24 and $1.05 in 1Q24. Total core revenues of $178.3 million compared to $181.9 million in 4Q24 and $174.2 million in 1Q24. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “The first quarter reflected a strong start to the year with solid overall performanc.
businesswire.com
- 2 months ago
21 Upcoming Dividend Increases To Finish Q1
The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance relevant to certain benchmarks. Top-performing stocks include MPWR, STLD, and JPM. Top REITs include CTR, FR, and REXR for their impressive returns and dividend growth rates.
seekingalpha.com
- 3 months ago
OFG Bancorp to Report 1Q25 Results and Hold Call Wednesday, April 23, 2025
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report first quarter 2025 financial results on Wednesday, April 23, 2025, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 267-6316 Participant International Phone Number: (203) 518-9783 Conference ID: OFGQ125 The call can also be accessed live on OFG's website at www.ofgbancorp.com. Webcast replay will be available shortly thereafter. Visit the webcast.
businesswire.com
- 3 months ago
OFG Bancorp: The Picture Looks Better Than I Previously Thought
OFG Bancorp's asset quality and digital-first strategy have driven a 15.2% share price increase, outperforming the S&P 500's 10.4% gain. Despite mixed valuation metrics, OFG Bancorp's strong return on assets and equity, along with diverse income streams, justify a soft 'buy' rating. Recent improvements include a rise in deposits and securities, increased net income, and significant share buybacks, signaling management's optimism.
seekingalpha.com
- 5 months ago
Should Value Investors Buy OFG Bancorp (OFG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 5 months ago
8. Profile
Summary
OFG Bancorp OFG
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.02 B
Dividend Yield
0.63%
Description
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. It also provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. In addition, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Further, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company operates through a network of 50 branches in Puerto Rico and 2 branches in USVI. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.
Contact
254 MuNoz Rivera Avenue, San Juan, PR, 00918
https://www.ofgbancorp.com
IPO
Date
March 26, 1987
Employees
2223
Officers
Ms. Ada Garcia Castello
Managing Director of Customer Intelligence & Operations
Ms. Maritza Arizmendi Diaz CPA, Esq.
Chief Financial Officer
Mr. Cesar A. Ortiz-Marcano CPA, Esq.
Chief Risk Officer of Oriental Bank
Mr. Gary M. Fishman
IR Contact
Ms. Jennifer Zapata Nazario
Managing Director of Human Resources
Krisen Aguirre Torres
Vice President Financial Reporting & Accounting Control
Mr. Ramón A. Rosado-Linera J.D.
Senior Vice President & Director of the U.S. Loan Program
Mr. José Rafael Fernández
President, Chief Executive Officer & Chairman
Ms. Mari Evelyn Rodriguez
Chief Retail Banking Officer
Mr. Hugh Gonzalez-Robison Esq.
General Counsel, Chief Compliance Officer & Secretary