OFG Bancorp (OFG)

NYSE: OFG · Real-Time Price · USD
40.24
-0.73 (-1.78%)
At close: Mar 28, 2025, 4:00 PM
40.15
-0.09 (-0.23%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-1.78%
Market Cap 1.83B
Revenue (ttm) 629.44M
Net Income (ttm) 198.17M
Shares Out 45.39M
EPS (ttm) 4.23
PE Ratio 9.51
Forward PE 9.90
Dividend $1.20 (2.98%)
Ex-Dividend Date Mar 31, 2025
Volume 188,585
Open 41.03
Previous Close 40.97
Day's Range 39.85 - 40.98
52-Week Range 33.19 - 47.66
Beta 0.97
Analysts Buy
Price Target 50.00 (+24.25%)
Earnings Date Apr 23, 2025

About OFG

OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers savings accounts, certificates of deposit, individual retirement accounts personal, and commercial non-interest and interest-bearing checking accounts; time deposit products; and corporate trust services. It also provides commercial loans, auto loans, mortgage loans, as well as consumer loans, such as personal loans, residential solar p... [Read more]

Sector Financials
Founded 1964
Employees 2,246
Stock Exchange NYSE
Ticker Symbol OFG
Full Company Profile

Financial Performance

In 2024, OFG Bancorp's revenue was $629.44 million, an increase of 0.13% compared to the previous year's $628.61 million. Earnings were $198.17 million, an increase of 8.96%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for OFG stock is "Buy." The 12-month stock price forecast is $50.0, which is an increase of 24.25% from the latest price.

Price Target
$50.0
(24.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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,...

2 days ago - Seeking Alpha

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...

2 days ago - Business Wire

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...

6 weeks ago - Seeking Alpha

OFG Bancorp: Maintaining A Buy Rating With A Flattish Earnings Outlook

The continued improvement of Puerto Rico's unemployment rate gives me hope that loan growth can improve this year. However, other economic metrics are mixed. As the deposit cost is mostly inflexible, ...

2 months ago - Seeking Alpha

OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend to $0.30

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 20% to $0.30 per common share from $0.25 per sha...

2 months ago - Business Wire

OFG Bancorp (OFG) Q4 2024 Earnings Call Transcript

OFG Bancorp (NYSE:OFG) Q4 2024 Earnings Conference Call January 22, 2025 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman and Chief Executive Officer Maritza Arizmendi Diaz - Chief F...

2 months ago - Seeking Alpha

OFG Bancorp Reports 4Q24 & 2024 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, 2024. 4Q24: ...

2 months ago - Business Wire

OFG Bancorp to Report 4Q24 Results and Hold Call Wednesday, January 22, 2025

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report fourth quarter 2024 financial results on Wednesday, January 22, 2025, before the market opens and hold its conference call t...

3 months ago - Business Wire

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...

5 months ago - Business Wire

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. ...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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 ...

5 months ago - Business Wire

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 ...

5 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Seeking Alpha

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...

9 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

OFG Bancorp (OFG) Q4 2023 Earnings Call Transcript

OFG Bancorp (OFG) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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.

1 year ago - CNBC Television