OFG Bancorp (OFG) to Release Quarterly Earnings on Tuesday

Key Points

• Q1 2026 results on April 21, 2026: OFG Bancorp will report before the open on Tuesday, April 21, with analysts expecting about $1.08 EPS and $179.16 million in revenue (the prior quarter delivered $1.27 EPS and beat estimates).
• The board raised the quarterly dividend to $0.35 (from $0.30), producing a $1.40 annualized payout (≈3.3% yield), and authorized a $200 million share buyback representing up to 12% of shares.
• Shares trade near a P/E of 9.39 with a $1.83 billion market cap and a 52‑week range of $34.06–$46.11; analyst consensus is a "Hold" with an average target of $45.83.

OFG Bancorp (NYSE:OFG - Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Tuesday, April 21st. Analysts expect the company to announce earnings of $1.08 per share and revenue of $179.1580 million for the quarter. Parties may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, April 21, 2026 at 10:00 AM ET.

OFG Bancorp (NYSE:OFG - Get Free Report) last released its quarterly earnings results on Thursday, January 22nd. The bank reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.11. The business had revenue of $185.37 million during the quarter, compared to the consensus estimate of $184.17 million. OFG Bancorp had a return on equity of 15.21% and a net margin of 22.72%.The company's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 EPS. On average, analysts expect OFG Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

OFG Bancorp Price Performance

OFG stock opened at $43.02 on Tuesday. The company has a market capitalization of $1.83 billion, a P/E ratio of 9.39 and a beta of 0.67. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.87 and a current ratio of 0.87. OFG Bancorp has a 52-week low of $34.06 and a 52-week high of $46.11. The business has a 50-day simple moving average of $40.85 and a two-hundred day simple moving average of $40.90.

OFG Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.35 per share. This is an increase from OFG Bancorp's previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, March 31st. This represents a $1.40 dividend on an annualized basis and a yield of 3.3%. OFG Bancorp's dividend payout ratio (DPR) is presently 30.57%.

OFG Bancorp declared that its board has initiated a share repurchase plan on Wednesday, January 28th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the bank to buy up to 12% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling at OFG Bancorp

In other OFG Bancorp news, Director Annette Franqui bought 1,540 shares of the business's stock in a transaction dated Friday, February 20th. The shares were purchased at an average price of $42.06 per share, for a total transaction of $64,772.40. Following the purchase, the director directly owned 3,440 shares of the company's stock, valued at approximately $144,686.40. This represents a 81.05% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.23% of the stock is owned by insiders.

Hedge Funds Weigh In On OFG Bancorp

Several institutional investors have recently bought and sold shares of the company. First Trust Advisors LP lifted its stake in OFG Bancorp by 8.8% in the fourth quarter. First Trust Advisors LP now owns 2,040,331 shares of the bank's stock valued at $83,613,000 after purchasing an additional 164,818 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in OFG Bancorp by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,706,896 shares of the bank's stock valued at $69,949,000 after purchasing an additional 13,121 shares during the last quarter. Millennium Management LLC lifted its stake in OFG Bancorp by 7.8% in the third quarter. Millennium Management LLC now owns 796,892 shares of the bank's stock valued at $34,657,000 after purchasing an additional 57,572 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in OFG Bancorp by 31.6% in the second quarter. Qube Research & Technologies Ltd now owns 554,208 shares of the bank's stock valued at $23,720,000 after purchasing an additional 133,046 shares during the last quarter. Finally, Deutsche Bank AG lifted its stake in OFG Bancorp by 0.5% in the fourth quarter. Deutsche Bank AG now owns 378,136 shares of the bank's stock valued at $15,496,000 after purchasing an additional 1,832 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company's stock.

Analyst Ratings Changes

OFG has been the subject of a number of analyst reports. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $43.00 price target (down from $50.00) on shares of OFG Bancorp in a research note on Friday, January 23rd. Zacks Research upgraded OFG Bancorp from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 14th. Piper Sandler initiated coverage on OFG Bancorp in a research note on Thursday, January 15th. They issued a "neutral" rating and a $45.00 target price on the stock. Weiss Ratings restated a "buy (b-)" rating on shares of OFG Bancorp in a research note on Monday, December 29th. Finally, Truist Financial cut their target price on OFG Bancorp from $48.00 to $44.00 and set a "buy" rating on the stock in a research note on Monday, January 26th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, OFG Bancorp presently has an average rating of "Hold" and an average target price of $45.83.

OFG Bancorp Company Profile

OFG Bancorp, through its principal subsidiary Oriental Bank, is a financial holding company headquartered in San Juan, Puerto Rico. The company provides a wide range of banking services, including commercial and consumer deposit accounts, small business loans, corporate lending, treasury management, and cash management solutions. Its consumer offerings encompass personal checking and savings accounts, credit cards, and electronic banking platforms designed to serve retail customers across its markets.

In addition to traditional banking products, OFG Bancorp offers mortgage origination and servicing, as well as wealth management and trust services for high‐net‐worth individuals and institutional clients.

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