OFG Bancorp (OFG)

Market Cap	1.64B
Revenue (ttm)	628.61M
Net Income (ttm)	181.87M
Shares Out	47.13M
EPS (ttm)	3.83
PE Ratio	8.98
Forward PE	8.96
Dividend	$1.00 (2.87%)
Ex-Dividend Date	Mar 27, 2024

Volume	118,002
Open	33.40
Previous Close	33.44
Day's Range	33.19 - 34.83
52-Week Range	22.34 - 39.04
Beta	1.10
Analysts	Buy
Price Target	40.00 (+14.88%)
Earnings Date	Apr 18, 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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1964
• Employees: 2,248
• Stock Exchange: NYSE
• Ticker Symbol: OFG

Financial Performance

In 2023, OFG Bancorp's revenue was $628.61 million, an increase of 6.61% compared to the previous year's $589.65 million. Earnings were $181.87 million, an increase of 9.40%.

Analyst Forecast

According to one analyst, the rating for OFG stock is "Buy" and the 12-month stock price forecast is $40.0.

Price Target

$40.0

(14.88% upside)

Analyst Consensus: Buy