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Financial Services - Banks - Regional - NYSE - US
$ 43.77
-0.748 %
$ 2.01 B
Market Cap
10.6
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one OFG stock under the base case scenario is HIDDEN Compared to the current market price of 43.8 USD, OFG Bancorp is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart OFG

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FINANCIALS
629 M REVENUE
2.42%
265 M OPERATING INCOME
-4.71%
182 M NET INCOME
9.40%
296 M OPERATING CASH FLOW
79.78%
-1.4 B INVESTING CASH FLOW
7.15%
1.31 B FINANCING CASH FLOW
1147.91%
164 M REVENUE
-25.87%
104 M OPERATING INCOME
-42.01%
47 M NET INCOME
-8.08%
58.1 M OPERATING CASH FLOW
-38.85%
-187 M INVESTING CASH FLOW
-76.17%
68.7 M FINANCING CASH FLOW
2342.92%
Balance Sheet Decomposition OFG Bancorp
image
Current Assets 73.1 M
Cash & Short-Term Investments 73.1 M
Receivables 0
Other Current Assets 0
Non-Current Assets 293 K
Long-Term Investments 33 M
PP&E 126 M
Other Non-Current Assets -159 M
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 10.2 B
Long-Term Debt 225 M
Other Non-Current Liabilities 9.93 B
EFFICIENCY
Earnings Waterfall OFG Bancorp
image
Revenue 629 M
Cost Of Revenue 0
Gross Profit 629 M
Operating Expenses 640 M
Operating Income 265 M
Other Expenses 82.7 M
Net Income 182 M
RATIOS
100.00% GROSS MARGIN
100.00%
42.08% OPERATING MARGIN
42.08%
28.93% NET MARGIN
28.93%
15.24% ROE
15.24%
1.58% ROA
1.58%
13.01% ROIC
13.01%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis OFG Bancorp
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Net Income 182 M
Depreciation & Amortization 27.3 M
Capital Expenditures -17.9 M
Stock-Based Compensation 5 M
Change in Working Capital 713 K
Others 14.1 M
Free Cash Flow 278 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets OFG Bancorp
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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 7.38%
OFG Average Price Target Wall Street Target
48 USD 9.66%
OFG Highest Price Target Wall Street Target
49 USD 11.95%
4. DIVIDEND ANALYSIS
0.56% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership OFG Bancorp
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Sold
0-3 MONTHS
464 K USD 1
3-6 MONTHS
2.02 M USD 1
6-9 MONTHS
4.9 M USD 2
9-12 MONTHS
2.4 M USD 5
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
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 464 K USD
Colon Jorge
Director
- 10000
46.4018 USD
3 months ago
Jul 29, 2024
Sell 1.51 M USD
Colon Jorge
Director
- 33081
45.731 USD
3 months ago
Jul 30, 2024
Sell 509 K USD
Colon Jorge
Director
- 11176
45.5551 USD
6 months ago
May 06, 2024
Sell 763 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 20074
38.0045 USD
6 months ago
May 07, 2024
Sell 307 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 8062
38.0366 USD
6 months ago
May 08, 2024
Sell 254 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 6695
37.9285 USD
7 months ago
Mar 27, 2024
Sell 566 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 15768
35.91 USD
7 months ago
Mar 28, 2024
Sell 278 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 7628
36.4 USD
7 months ago
Mar 19, 2024
Sell 319 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 9071
35.176 USD
7 months ago
Mar 21, 2024
Sell 353 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 9697
36.4 USD
8 months ago
Mar 07, 2024
Sell 2.06 M USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 55000
37.5145 USD
10 months ago
Dec 19, 2023
Sell 216 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 5689
38 USD
11 months ago
Dec 18, 2023
Sell 111 K USD
De Jesus Nestor
Director
- 3000
36.9378 USD
11 months ago
Dec 14, 2023
Sell 75.9 K USD
De Jesus Nestor
Director
- 2000
37.9591 USD
11 months ago
Dec 13, 2023
Sell 215 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 5964
36 USD
11 months ago
Dec 14, 2023
Sell 300 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 8081
37.16 USD
11 months ago
Dec 06, 2023
Sell 82.6 K USD
Ortiz Cesar A
Chief Risk Officer
- 2303
35.86 USD
11 months ago
Dec 01, 2023
Sell 347 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 10000
34.7028 USD
1 year ago
Jul 24, 2023
Sell 1.21 M USD
Kumar Ganesh
Chief Strategy Officer, US
- 35638
33.87 USD
11 months ago
Nov 20, 2023
Sell 205 K USD
Arizmendi Maritza
Chief Financial Officer
- 6129
33.39 USD
1 year ago
Nov 15, 2023
Sell 508 K USD
INCLAN JULIAN
Director
- 15000
33.87 USD
1 year ago
Nov 15, 2023
Sell 339 K USD
INCLAN JULIAN
Director
- 10000
33.91 USD
1 year ago
Sep 25, 2023
Sell 598 K USD
Haggarty Patrick J.
Managing Director Comm. Bankin
- 21100
28.3594 USD
1 year ago
Sep 25, 2023
Sell 33.6 K USD
Haggarty Patrick J.
Managing Director Comm. Bankin
- 1190
28.2691 USD
1 year ago
Aug 04, 2023
Sell 835 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 25000
33.4107 USD
1 year ago
Aug 01, 2023
Sell 290 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 8804
32.884 USD
1 year ago
Jul 31, 2023
Sell 109 K USD
Colon Jorge
Director
- 3277
33.319 USD
1 year ago
Jul 31, 2023
Sell 1.66 M USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 50000
33.106 USD
1 year ago
Jul 24, 2023
Sell 1.21 M USD
Kumar Ganesh
Chief Strategy Officer, US
- 35638
33.87 USD
1 year ago
Jul 25, 2023
Sell 264 K USD
Kumar Ganesh
Chief Strategy Officer, US
- 7812
33.747 USD
1 year ago
Jul 25, 2023
Sell 252 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 7472
33.745 USD
1 year ago
Jun 07, 2023
Sell 562 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 20152
27.8927 USD
1 year ago
Mar 01, 2023
Sell 904 K USD
Colon Jorge
Director
- 30000
30.1402 USD
1 year ago
Mar 03, 2023
Sell 1.22 M USD
Colon Jorge
Director
- 40870
29.7598 USD
1 year ago
Feb 27, 2023
Sell 194 K USD
Kumar Ganesh
Chief Operating Officer
- 6468
30.0038 USD
1 year ago
Feb 23, 2023
Sell 300 K USD
Kumar Ganesh
Chief Operating Officer
- 10000
30 USD
1 year ago
Feb 23, 2023
Sell 150 K USD
Kumar Ganesh
Chief Operating Officer
- 5000
30 USD
1 year ago
Feb 21, 2023
Sell 443 K USD
PEREZ EDWIN
Director
- 15000
29.5006 USD
1 year ago
Feb 03, 2023
Sell 51.9 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 1749
29.6529 USD
1 year ago
Feb 03, 2023
Sell 148 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 5000
29.6543 USD
1 year ago
Feb 06, 2023
Sell 5.87 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 200
29.36 USD
1 year ago
Feb 06, 2023
Sell 23.5 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 800
29.33 USD
1 year ago
Feb 06, 2023
Sell 58.5 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 2000
29.25 USD
1 year ago
Feb 06, 2023
Sell 46.8 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 1600
29.28 USD
1 year ago
Feb 06, 2023
Sell 22.9 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 782
29.27 USD
1 year ago
Feb 06, 2023
Sell 58.5 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 2000
29.2625 USD
1 year ago
Feb 06, 2023
Sell 18.3 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 625
29.2501 USD
1 year ago
Feb 06, 2023
Sell 7.15 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 244
29.3 USD
1 year ago
Feb 07, 2023
Sell 151 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 5142
29.4 USD
1 year ago
Feb 07, 2023
Sell 15.2 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 516
29.402 USD
1 year ago
Feb 07, 2023
Sell 20.6 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 700
29.405 USD
1 year ago
Feb 07, 2023
Sell 5.88 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 200
29.41 USD
1 year ago
Feb 07, 2023
Sell 17.7 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 600
29.425 USD
1 year ago
Feb 07, 2023
Sell 23.6 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 800
29.44 USD
1 year ago
Feb 07, 2023
Sell 8.84 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 300
29.45 USD
1 year ago
Feb 07, 2023
Sell 14.7 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 500
29.455 USD
1 year ago
Feb 07, 2023
Sell 33.6 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 1142
29.46 USD
1 year ago
Feb 07, 2023
Sell 2.95 K USD
FERNANDEZ JOSE RAFAEL
CEO & Vice Chairperson BOD
- 100
29.47 USD
1 year ago
Feb 01, 2023
Sell 143 K USD
Kumar Ganesh
Chief Operating Officer
- 5000
28.6 USD
1 year ago
Dec 02, 2022
Sell 142 K USD
PEREZ EDWIN
Director
- 5000
28.4 USD
1 year ago
Nov 28, 2022
Sell 140 K USD
PEREZ EDWIN
Director
- 4882
28.6245 USD
1 year ago
Nov 28, 2022
Sell 142 K USD
PEREZ EDWIN
Director
- 5000
28.491 USD
1 year ago
Nov 28, 2022
Sell 3.4 K USD
PEREZ EDWIN
Director
- 118
28.8 USD
1 year ago
Nov 30, 2022
Sell 142 K USD
PEREZ EDWIN
Director
- 5000
28.5 USD
2 years ago
Aug 30, 2022
Bought 1.33 K USD
Colon Jorge
director:
+ 49
27.2396 USD
2 years ago
Aug 30, 2022
Bought 149 K USD
Colon Jorge
Director
+ 5454
27.37 USD
2 years ago
Aug 10, 2022
Sell 113 K USD
Ortiz Cesar A
director: Director, Corp Performance
- 3891
29 USD
2 years ago
Aug 11, 2022
Sell 89 K USD
Kumar Ganesh
director: Chief Operating Officer
- 3059
29.1 USD
2 years ago
May 03, 2022
Bought 200 K USD
Velez-Dominguez Rafael A
director:
+ 7275
27.4728 USD
2 years ago
Apr 25, 2022
Bought 110 K USD
Colon Jorge
Director
+ 4229
26.08 USD
2 years ago
Apr 25, 2022
Bought 13 K USD
Colon Jorge
Director
+ 500
26.078 USD
2 years ago
Apr 25, 2022
Bought 2.74 K USD
Colon Jorge
director:
+ 105
26.07 USD
2 years ago
Apr 25, 2022
Bought 218 K USD
Colon Jorge
Director
+ 8381
26 USD
2 years ago
Apr 25, 2022
Bought 10.4 K USD
Colon Jorge
Director
+ 400
25.985 USD
2 years ago
Apr 25, 2022
Bought 650 USD
Colon Jorge
Director
+ 25
25.98 USD
2 years ago
Apr 25, 2022
Bought 100 K USD
Colon Jorge
Director
+ 3855
25.9799 USD
2 years ago
Apr 25, 2022
Bought 5.2 K USD
Colon Jorge
Director
+ 200
25.978 USD
2 years ago
Apr 25, 2022
Bought 36.6 K USD
Colon Jorge
Director
+ 1411
25.97 USD
2 years ago
Apr 25, 2022
Bought 2.6 K USD
Colon Jorge
Director
+ 100
25.961 USD
2 years ago
Apr 25, 2022
Bought 234 USD
Colon Jorge
Director
+ 9
25.96 USD
2 years ago
Feb 28, 2022
Sell 70.2 K USD
Ortiz Cesar A
Director, Corp Performance
- 2523
27.84 USD
2 years ago
Feb 24, 2022
Bought 140 K USD
Colon Jorge
Director
+ 5189
26.95 USD
2 years ago
Feb 24, 2022
Bought 2.86 K USD
Colon Jorge
Director
+ 106
26.94 USD
2 years ago
Feb 24, 2022
Bought 36.4 K USD
Colon Jorge
Director
+ 1350
26.93 USD
2 years ago
Feb 24, 2022
Bought 41.9 K USD
Colon Jorge
Director
+ 1555
26.92 USD
2 years ago
Feb 24, 2022
Bought 9.42 K USD
Colon Jorge
Director
+ 350
26.91 USD
2 years ago
Feb 24, 2022
Bought 134 K USD
Colon Jorge
Director
+ 5000
26.81 USD
2 years ago
Feb 24, 2022
Bought 16.1 K USD
Colon Jorge
Director
+ 600
26.7998 USD
2 years ago
Feb 24, 2022
Bought 102 K USD
Colon Jorge
Director
+ 3790
26.8 USD
2 years ago
Feb 24, 2022
Bought 5.36 K USD
Colon Jorge
Director
+ 200
26.7999 USD
2 years ago
Feb 24, 2022
Bought 2.68 K USD
Colon Jorge
Director
+ 100
26.795 USD
2 years ago
Feb 24, 2022
Bought 8.04 K USD
Colon Jorge
Director
+ 300
26.79 USD
2 years ago
Feb 24, 2022
Bought 268 USD
Colon Jorge
Director
+ 10
26.78 USD
2 years ago
Feb 23, 2022
Bought 33 K USD
Colon Jorge
Director
+ 1204
27.4 USD
2 years ago
Feb 03, 2022
Bought 162 K USD
INCLAN JULIAN
Director
+ 6000
26.95 USD
3 years ago
Mar 19, 2021
Sell 115 K USD
Morazzani Pedro
Director
- 5000
23 USD
3 years ago
Mar 17, 2021
Sell 49.5 K USD
Ortiz Cesar A
Managing Director Corp Perform
- 2212
22.3973 USD
3 years ago
Mar 03, 2021
Sell 82.4 K USD
INCLAN JULIAN
Director
- 4070
20.25 USD
3 years ago
Mar 03, 2021
Sell 4.05 K USD
INCLAN JULIAN
Director
- 200
20.275 USD
3 years ago
Feb 22, 2021
Sell 1.9 K USD
Ortiz Cesar A
Managing Director Corp Perform
- 100
19.02 USD
3 years ago
Feb 22, 2021
Sell 35.1 K USD
Ortiz Cesar A
Managing Director Corp Perform
- 1844
19.01 USD
4 years ago
Nov 05, 2020
Bought 56.2 K USD
Kumar Ganesh
SEVP & COO
+ 3733
15.06 USD
4 years ago
Sep 22, 2020
Bought 3.61 K USD
Arizmendi Maritza
EVP & CFO
+ 293
12.33 USD
4 years ago
Sep 22, 2020
Bought 14.8 K USD
Arizmendi Maritza
EVP & CFO
+ 1200
12.329 USD
4 years ago
Sep 22, 2020
Bought 11.2 K USD
Arizmendi Maritza
EVP & CFO
+ 907
12.32 USD
4 years ago
Sep 22, 2020
Bought 7.39 K USD
Arizmendi Maritza
EVP & CFO
+ 600
12.31 USD
4 years ago
Sep 22, 2020
Bought 37 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 3000
12.35 USD
4 years ago
Sep 21, 2020
Bought 63.8 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 5000
12.75 USD
4 years ago
Sep 14, 2020
Bought 56.5 K USD
Kumar Ganesh
SEVP & COO
+ 4271
13.2307 USD
4 years ago
Sep 11, 2020
Bought 64.8 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 5000
12.95 USD
4 years ago
Sep 11, 2020
Bought 57.8 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 4487
12.88 USD
4 years ago
Sep 11, 2020
Bought 69.7 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 5413
12.87 USD
4 years ago
Sep 11, 2020
Bought 1.29 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 100
12.86 USD
4 years ago
Sep 11, 2020
Bought 64 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 5000
12.8 USD
4 years ago
Sep 10, 2020
Bought 1.97 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 152
12.95 USD
4 years ago
Aug 31, 2020
Bought 61.9 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 4800
12.9 USD
4 years ago
Aug 31, 2020
Bought 2.58 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 200
12.89 USD
4 years ago
Aug 06, 2020
Bought 76.2 K USD
Kumar Ganesh
SEVP & COO
+ 5825
13.09 USD
4 years ago
Mar 24, 2020
Bought 31.5 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 3000
10.5 USD
4 years ago
Mar 24, 2020
Bought 20.5 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 2000
10.25 USD
4 years ago
Mar 24, 2020
Bought 20.5 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 2000
10.2498 USD
4 years ago
Mar 20, 2020
Bought 50 K USD
PEREZ EDWIN
Director
+ 5000
10 USD
4 years ago
Mar 20, 2020
Bought 48.8 K USD
PEREZ EDWIN
Director
+ 5000
9.75 USD
4 years ago
Mar 20, 2020
Bought 46.2 K USD
PEREZ EDWIN
Director
+ 5000
9.25 USD
4 years ago
Mar 19, 2020
Bought 48.5 K USD
PEREZ EDWIN
Director
+ 5000
9.7 USD
4 years ago
Mar 19, 2020
Bought 95 K USD
PEREZ EDWIN
Director
+ 10000
9.5 USD
4 years ago
Mar 19, 2020
Bought 21.5 K USD
Kumar Ganesh
SEVP & COO
+ 2106
10.1878 USD
4 years ago
Mar 18, 2020
Bought 40.1 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 4586
8.75 USD
4 years ago
Mar 18, 2020
Bought 1.75 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 200
8.74 USD
4 years ago
Mar 18, 2020
Bought 1.87 K USD
FERNANDEZ JOSE RAFAEL
President & CEO
+ 214
8.73 USD
4 years ago
Mar 18, 2020
Bought 19.5 K USD
De Jesus Nestor
Director
+ 2000
9.75 USD
4 years ago
Mar 03, 2020
Bought 17.3 K USD
INCLAN JULIAN
Director
+ 1000
17.3 USD
4 years ago
Mar 03, 2020
Bought 17.4 K USD
INCLAN JULIAN
Director
+ 1000
17.4 USD
4 years ago
Mar 03, 2020
Bought 17.5 K USD
INCLAN JULIAN
Director
+ 1000
17.5 USD
4 years ago
Mar 03, 2020
Bought 17.7 K USD
INCLAN JULIAN
Director
+ 1000
17.7 USD
4 years ago
Feb 28, 2020
Bought 10.2 K USD
Colon Jorge
Director
+ 601
16.9 USD
4 years ago
Feb 28, 2020
Bought 3.4 K USD
Colon Jorge
Director
+ 201
16.91 USD
4 years ago
Feb 28, 2020
Bought 10.2 K USD
Colon Jorge
Director
+ 600
16.93 USD
4 years ago
Feb 28, 2020
Bought 8.47 K USD
Colon Jorge
Director
+ 500
16.94 USD
4 years ago
Feb 28, 2020
Bought 3.39 K USD
Colon Jorge
Director
+ 200
16.95 USD
4 years ago
Feb 28, 2020
Bought 7 K USD
Colon Jorge
Director
+ 413
16.96 USD
4 years ago
Feb 28, 2020
Bought 158 K USD
Colon Jorge
Director
+ 9333
16.97 USD
4 years ago
Feb 18, 2020
Sell 99.2 K USD
Cruz Rafael
SVP & Chief Risk & Compliance
- 4900
20.2374 USD
7. News
OFG Bancorp Declares Regular Quarterly Common Stock Dividend SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.25 per common share for the quarter ending December 31, 2024. The dividend is payable January 15, 2025, to holders of record at December 31, 2024, with an ex-dividend date of December 31, 2024. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. businesswire.com - 2 weeks ago
OFG Bancorp (OFG) Q3 2024 Earnings Call Transcript OFG Bancorp (NYSE:OFG ) Q3 2024 Earnings Conference Call October 16, 2024 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman & CEO Maritza Arizmendi - CFO Conference Call Participants Kelly Motta - KBW Operator Good morning. Thank you for joining the OFG Bancorp's Conference Call. seekingalpha.com - 1 month ago
OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago. zacks.com - 1 month ago
OFG Bancorp Reports 3Q24 Results SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues of $174.1 million compared to $179.4 million in 2Q24 and $172.2 million in 3Q23. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “The third quarter was another solid quarter of performance with EPS-diluted up 5. businesswire.com - 1 month ago
OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate Puerto Rico's economy continues to remain remarkable, which contributes to my positive outlook on loan growth. Rate cuts will likely also drive loan growth. The net interest margin will likely resume its downtrend due to interest rate cuts. The December 2025 target price suggests an upside of ~8.6% from the October 14 closing price. Further, OFG is offering a dividend yield of 2.25%. seekingalpha.com - 1 month ago
OFG Bancorp (OFG) Is Up 0.11% in One Week: What You Should Know Does OFG Bancorp (OFG) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 1 month ago
New Strong Buy Stocks for September 16th OPRA, CAJPY, STRL, OFG and CASH have been added to the Zacks Rank #1 (Strong Buy) List on September 16, 2024. zacks.com - 2 months ago
Best Value Stocks to Buy for September 10th MPLX, OFG, and STRL made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 10, 2024. zacks.com - 2 months ago
Best Value Stocks to Buy for September 6th MHO, OFG and NFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 6, 2024. zacks.com - 2 months ago
OFG (OFG) Upgraded to Strong Buy: Here's What You Should Know OFG (OFG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 2 months ago
OFG Bancorp (OFG) Q2 2024 Earnings Call Transcript OFG Bancorp (NYSE:OFG ) Q2 2024 Earnings Conference Call July 18, 2024 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman and Chief Executive Officer Maritza Arizmendi - Chief Financial Officer Cesar Ortiz - Chief Risk Officer Conference Call Participants 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 - 3 months ago
OFG Bancorp (OFG) Q2 Earnings and Revenues Top Estimates OFG Bancorp (OFG) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.93 per share a year ago. zacks.com - 4 months ago
8. Profile Summary

OFG Bancorp OFG

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 2.01 B
Dividend Yield 0.56%
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 2236
Officers Dr. Ganesh Kumar Chief Strategy Officer of U.S. Business Mr. Cesar A. Ortiz-Marcano CPA, Esq. Chief Risk Officer Krisen Aguirre Torres Vice President Financial Reporting & Accounting Control Ms. Mari Evelyn Rodríguez Mimoso Chief Retail Banking Officer Mr. José Rafael Fernández President, Chief Executive Officer & Chairman Ms. Jennifer Zapata Nazario Managing Director of Human Resources Ms. Maritza Arizmendi Diaz CPA, Esq. Chief Financial Officer Mr. Hugh Gonzalez-Robison Esq. General Counsel & Secretary Mr. Gary M. Fishman IR Contact Ms. Ada Garcia Castello Managing Director of Customer Intelligence & Operations