OFG Bancorp (OFG)
Market Cap | 1.99B |
Revenue (ttm) | 639.46M |
Net Income (ttm) | 194.42M |
Shares Out | 45.90M |
EPS (ttm) | 4.13 |
PE Ratio | 10.52 |
Forward PE | 11.19 |
Dividend | $1.00 (2.30%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 149,450 |
Open | 43.42 |
Previous Close | 43.44 |
Day's Range | 42.85 - 43.61 |
52-Week Range | 32.96 - 47.57 |
Beta | 1.02 |
Analysts | Buy |
Price Target | 47.50 (+9.35%) |
Earnings Date | Oct 16, 2024 |
About OFG
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. In addition, it provides securi... [Read more]
Financial Performance
In 2023, OFG Bancorp's revenue was $628.61 million, an increase of 6.62% compared to the previous year's $589.61 million. Earnings were $181.87 million, an increase of 9.40%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for OFG stock is "Buy." The 12-month stock price forecast is $47.5, which is an increase of 9.35% from the latest price.
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 Decem...
OFG Bancorp Announces New $50 Million Share Repurchase Plan
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $50 million stock repurchase authorization plan as part of OFG's capital actions. ...
OFG Bancorp to Ring Opening Bell to Celebrate 60th Anniversary and 30th Year Listing on NYSE
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced that management and board members will ring the opening bell at the New York Stock Exchange on Friday, October 25, to ce...
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 K...
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 ...
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 ...
OFG Bancorp to Report 3Q24 Results and Hold Call Wednesday, October 16, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report third quarter 2024 financial results on Wednesday, October 16, 2024, before the market opens and hold its conference call th...
OFG Bancorp Declares Regular Quarterly Common Stock Cash 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 Septe...
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...
OFG Bancorp Reports 2Q24 Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the second quarter ended June 30, 2024. EPS diluted of $1.0...
OFG Bancorp to Report 2Q24 Results and Hold Call Thursday, July 18, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report second quarter 2024 financial results on Thursday, July 18, 2024, before the market opens and hold its conference call that ...
OFG Bancorp (OFG) Q1 2024 Earnings Call Transcript
OFG Bancorp (NYSE:OFG) Q1 2024 Earnings Conference Call April 18, 2024 10:00 AM ET Company Participants José Rafael Fernández - Chief Executive Officer & Vice Chair Maritza Arizmendi - Chief Financia...
OFG Bancorp Reports 1Q24 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, 2024. EPS diluted of $1.0...
OFG Bancorp to Report 1Q24 Results and Hold Call Thursday, April 18, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report first quarter 2024 financial results on Thursday, April 18, 2024, before the market opens and hold its conference call that ...
OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend to $0.25
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 13.6%, to $0.25 per common share from $0.22 per ...
OFG Bancorp (OFG) Q4 2023 Earnings Call Transcript
OFG Bancorp (OFG) Q4 2023 Earnings Call Transcript
OFG Bancorp rises on earnings beat
Jose Rafael Fernandez, OFG Bancorp vice chair and CEO, joins 'The Exchange' to discuss OFG Bancorp's stock, Puerto Rico's economic recovery, and more.
OFG Bancorp Reports 4Q23 & 2023 Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the fourth quarter and year ended December 31, 2023. 4Q23: ...
OFG Bancorp to Report 4Q23 Results and Hold Call Wednesday, January 24, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report fourth quarter 2023 financial results on Wednesday, January 24, 2024, before the market opens and hold its conference call t...
OFG Bancorp (OFG) Q3 2023 Earnings Call Transcript
OFG Bancorp (OFG) Q3 2023 Earnings Call Transcript
OFG Bancorp Reports 3Q23 Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the third quarter ended September 30, 2023. EPS diluted of $0.95 ...
OFG Bancorp to Report 3Q23 Results and Hold Call Friday, October 20, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report third quarter 2023 financial results on Friday, October 20, 2023, before the market opens and hold its conference call that ...
OFG Bancorp (OFG) Q2 2023 Earnings Call Transcript
OFG Bancorp (NYSE:OFG) Q2 2023 Earnings Conference Call July 20, 2023 10:00 AM ET Company Participants Jose Rafael Fernandez - President and CEO Maritza Arizmendi - CFO Conference Call Participants T...
OFG Bancorp Reports 2Q23 Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the second quarter ended June 30, 2023. EPS diluted of $0.93 comp...
OFG Bancorp to Report 2Q23 Results and Hold Call Thursday, July 20, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report second quarter 2023 financial results on Thursday, July 20, 2023, before the market opens and hold its conference call that ...