OFG Bancorp (OFG)

NYSE: OFG · IEX Real-Time Price · USD
29.51
-0.07 (-0.24%)
Aug 18, 2022 4:00 PM EDT - Market closed
-0.24%
Market Cap 1.40B
Revenue (ttm) 555.18M
Net Income (ttm) 152.90M
Shares Out 47.55M
EPS (ttm) 3.05
PE Ratio 9.68
Forward PE n/a
Dividend $0.54 (1.83%)
Ex-Dividend Date Sep 29, 2022
Volume 176,843
Open 29.56
Previous Close 29.58
Day's Range 29.29 - 29.60
52-Week Range 22.23 - 30.93
Beta 1.21
Analysts Buy
Price Target 35.70 (+21.0%)
Earnings Date Jul 21, 2022

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, 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-adva... [Read more...]

Industry Banks
Founded 1964
CEO Jose Fernandez
Employees 2,246
Stock Exchange NYSE
Ticker Symbol OFG
Full Company Profile

Financial Performance

In 2021, OFG Bancorp's revenue was $540.36 million, an increase of 22.78% compared to the previous year's $440.11 million. Earnings were $146.15 million, an increase of 96.63%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for OFG stock is "Buy." The 12-month stock price forecast is 35.7, which is an increase of 20.98% from the latest price.

Price Target
$35.7
(20.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why OFG Bancorp (OFG) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG Bancorp (OFG) have what it takes?

OFG Bancorp (OFG) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG Bancorp (OFG) have what it takes?

OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 33%

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 33%, to $0.20 per common share from $0.15 per shar...

OFG Bancorp (OFG) Surpasses Q2 Earnings and Revenue Estimates

OFG (OFG) delivered earnings and revenue surprises of 18.31% and 4.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

OFG Bancorp Reports 2Q22 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, 2022. EPS diluted was $0.84 compa...

This is Why OFG Bancorp (OFG) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG Bancorp (OFG) have what it takes?

Wall Street Analysts Predict a 29% Upside in OFG (OFG): Here's What You Should Know

The consensus price target hints at a 28.9% upside potential for OFG (OFG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisio...

OFG Bancorp (OFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG Bancorp (OFG) have what it takes?

OFG Bancorp to Report 2Q22 Results and Hold Call Thursday, July 21, 2022

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report second quarter 2022 financial results on Thursday, July 21, 2022, before the market opens and hold its conference call that mo...

Why OFG Bancorp (OFG) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG Bancorp (OFG) have what it takes?

Here is Why Growth Investors Should Buy OFG (OFG) Now

OFG (OFG) possesses solid growth attributes, which could help it handily outperform the market.

Can OFG (OFG) Climb 28% to Reach the Level Wall Street Analysts Expect?

The mean of analysts' price targets for OFG (OFG) points to a 27.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in rai...

Surging Earnings Estimates Signal Upside for OFG (OFG) Stock

OFG (OFG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

All You Need to Know About OFG (OFG) Rating Upgrade to Strong Buy

OFG (OFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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 $0.15 per common share for the quarter ending June 30...

OFG Bancorp (OFG) Surpasses Q1 Earnings and Revenue Estimates

OFG (OFG) delivered earnings and revenue surprises of 18.75% and 2.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

OFG Bancorp Reports 1Q22 Results

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the first quarter ended March 31, 2022. EPS diluted was $0.76 compa...

OFG Bancorp (OFG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

OFG (OFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Are You Looking for a High-Growth Dividend Stock? OFG Bancorp (OFG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does OFG Bancorp (OFG) have what it takes?

OFG Bancorp to Report 1Q22 Results and Hold Call Thursday, April 21, 2022

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report first quarter 2022 financial results on Thursday, April 21, 2022, before the market opens and hold its conference call that mo...

OFG Bancorp Announces New Share Repurchase Program of $100 Million

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new stock repurchase authorization plan of $100 million as part of OFG's capital actions...

OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 25%

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors increased the regular quarterly cash dividend by 25%, to $0.15 per common share from $0.12 per shar...

OFG Bancorp (OFG) Q4 Earnings Miss Estimates

OFG (OFG) delivered earnings and revenue surprises of -15.38% and 3.79%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

OFG Bancorp Reports 4Q21 & 2021 Results

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the fourth quarter and year ended Dec. 31, 2021. Summary 4Q21: EPS ...

OFG Bancorp (OFG) Earnings Expected to Grow: Should You Buy?

OFG (OFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.