OFG Bancorp (OFG) Stock Price, News & Analysis

Company Overview

OFG Bancorp (NYSE: OFG) is a diversified financial services holding company headquartered in San Juan, Puerto Rico. Through its primary subsidiary, Oriental Bank, the company provides a comprehensive suite of banking and financial products to individuals, small and mid-sized businesses, and institutional clients. OFG Bancorp’s offerings span retail and commercial deposit accounts, lending solutions, mortgage origination, and treasury management services, positioning it as one of the largest locally based financial institutions in Puerto Rico.

In its commercial banking segment, OFG Bancorp delivers customized loan and credit facilities, working capital solutions and cash management services to a broad array of industries, including retail, healthcare, manufacturing, and government entities. On the retail side, customers can access checking and savings accounts, personal lines of credit, and mortgage products. The company also maintains a robust wealth management division, offering investment advisory, trust services and insurance products through dedicated financial professionals and strategic partnerships.

Founded through the formation of Oriental Financial Group in 2010, OFG Bancorp traces its heritage to Oriental Bank’s origins in 1964. Over the years, the organization has expanded its footprint across Puerto Rico and the U.S. Virgin Islands, and maintains a presence in Florida to support commercial clients with ties to the Caribbean market. Strategic acquisitions—including regional branch portfolios—have strengthened its deposit base and loan capabilities while reinforcing local market expertise and customer relationships.

Leadership at OFG Bancorp is spearheaded by President and Chief Executive Officer Aurelio F. Ángel, who has guided the firm through periods of regulatory evolution, economic recovery initiatives and digital transformation. Under his direction, the company has invested in modernizing its digital platforms to enhance mobile and online banking experiences. With a focus on community engagement and sustainable growth, OFG Bancorp continues to champion initiatives that support economic development and financial inclusion across its service areas.

Key Stats

• Today's Range: $44.67 to $45.26
• 50-Day Range: $38.01 to $45.01
• 52-Week Range: $33.15 to $47.66
• Volume: 126,443 shs
• Average Volume: 313,573 shs
• Market Capitalization: $2.02 billion
• P/E Ratio: 10.79
• Dividend Yield: 2.67%
• Price Target: $45.50
• Consensus Rating: Moderate Buy

OFG Bancorp Stock Analysis - MarketRank™

OFG Bancorp scored higher than 58% of companies evaluated by MarketBeat, and ranked 1627th out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

OFG Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

OFG Bancorp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.02%

Earnings Growth

Earnings for OFG Bancorp are expected to grow by 5.02% in the coming year, from $4.18 to $4.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OFG Bancorp is 10.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of OFG Bancorp is 10.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.07.

Price to Book Value per Share Ratio

OFG Bancorp has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.39% of the float of OFG Bancorp has been sold short.

Short Interest Ratio / Days to Cover

OFG Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OFG Bancorp has recently decreased by 4.50%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

OFG Bancorp pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

OFG Bancorp has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of OFG Bancorp is 28.78%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, OFG Bancorp will have a dividend payout ratio of 27.33% next year. This indicates that OFG Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.39% of the float of OFG Bancorp has been sold short.

Short Interest Ratio / Days to Cover

OFG Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OFG Bancorp has recently decreased by 4.50%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.24

News Sentiment

OFG Bancorp has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for OFG Bancorp this week, compared to 4 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, OFG Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $207,200.00 in company stock.

Percentage Held by Insiders

Only 3.11% of the stock of OFG Bancorp is held by insiders.

Percentage Held by Institutions

92.73% of the stock of OFG Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OFG Stock Analysis - Frequently Asked Questions

How have OFG shares performed this year?

OFG Bancorp's stock was trading at $42.32 on January 1st, 2025. Since then, OFG stock has increased by 6.4% and is now trading at $45.01.

How were OFG Bancorp's earnings last quarter?

OFG Bancorp (NYSE:OFG) posted its quarterly earnings data on Wednesday, April, 23rd. The bank reported $1.00 earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by $0.02. The bank had revenue of $178.30 million for the quarter, compared to analysts' expectations of $175.35 million. OFG Bancorp had a net margin of 22.10% and a trailing twelve-month return on equity of 15.23%.
Read the conference call transcript.

Is OFG Bancorp doing a stock buyback?

OFG Bancorp's Board of Directors initiated a share buyback plan on Monday, October 28th 2024, which authorizes the company to buy back $50,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 2.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

How do I buy shares of OFG Bancorp?

Shares of OFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of OFG Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OFG Bancorp investors own include Chevron (CVX), Bristol Myers Squibb (BMY), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Toronto Dominion Bank (TD).

Company Calendar

• Record date for 4/15 Dividend: 3/31/2025
• Ex-Dividend for 4/15 Dividend: 3/31/2025
• Dividend Payable: 4/15/2025
• Last Earnings: 4/23/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Today: 7/04/2025
• Dividend Payable: 7/15/2025
• Next Earnings (Estimated): 7/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:OFG
• CIK: 1030469
• Web: www.orientalbank.com
• Phone: (787) 771-6800
• Fax: 787-771-6770
• Employees: 2,250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $45.50
• High Stock Price Target: $50.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +1.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.17
• Trailing P/E Ratio: 10.79
• Forward P/E Ratio: 10.77
• P/E Growth: N/A
• Net Income: $198.17 million
• Net Margins: 22.10%
• Pretax Margin: 27.94%
• Return on Equity: 15.23%
• Return on Assets: 1.69%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 0.85
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $873.53 million
• Price / Sales: 2.31
• Cash Flow: $4.88 per share
• Price / Cash Flow: 9.23
• Book Value: $27.33 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 44,910,000
• Free Float: 43,516,000
• Market Cap: $2.02 billion
• Optionable: Optionable
• Beta: 0.75