OFG Bancorp (OFG)

Market Cap	1.92B
Revenue (ttm)	639.46M
Net Income (ttm)	194.42M
Shares Out	45.90M
EPS (ttm)	4.13
PE Ratio	10.12
Forward PE	10.77
Dividend	$1.00 (2.39%)
Ex-Dividend Date	Dec 31, 2024

Volume	331,192
Open	40.65
Previous Close	41.00
Day's Range	40.65 - 42.35
52-Week Range	33.19 - 47.66
Beta	1.02
Analysts	Buy
Price Target	49.67 (+18.8%)
Earnings Date	Jan 22, 2025

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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1964
• Employees: 2,248
• Stock Exchange: NYSE
• Ticker Symbol: OFG
• Website: https://www.ofgbancorp.com

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%.

Analyst Forecast

According to 3 analysts, the average rating for OFG stock is "Buy." The 12-month stock price forecast is $49.67, which is an increase of 18.80% from the latest price.

Price Target

$49.67

(18.80% upside)

Analyst Consensus: Buy