OFG Bancorp (OFG) Competitors

$36.94
+0.69 (+1.90%)
(As of 04/24/2024 ET)

OFG vs. RNST, LKFN, BANR, EFSC, HTLF, FBNC, SBCF, TOWN, SYBT, and BUSE

Should you be buying OFG Bancorp stock or one of its competitors? The main competitors of OFG Bancorp include Renasant (RNST), Lakeland Financial (LKFN), Banner (BANR), Enterprise Financial Services (EFSC), Heartland Financial USA (HTLF), First Bancorp (FBNC), Seacoast Banking Co. of Florida (SBCF), TowneBank (TOWN), Stock Yards Bancorp (SYBT), and First Busey (BUSE). These companies are all part of the "regional banks" industry.

OFG Bancorp vs.

OFG Bancorp (NYSE:OFG) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, profitability, media sentiment, valuation, community ranking and institutional ownership.

OFG Bancorp presently has a consensus target price of $40.00, suggesting a potential upside of 8.28%. Renasant has a consensus target price of $33.00, suggesting a potential upside of 7.63%. Given OFG Bancorp's stronger consensus rating and higher possible upside, analysts clearly believe OFG Bancorp is more favorable than Renasant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OFG Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Renasant
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Renasant received 78 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.15% of users gave OFG Bancorp an outperform vote while only 57.78% of users gave Renasant an outperform vote.

CompanyUnderperformOutperform
OFG BancorpOutperform Votes
286
65.15%
Underperform Votes
153
34.85%
RenasantOutperform Votes
364
57.78%
Underperform Votes
266
42.22%

In the previous week, Renasant had 6 more articles in the media than OFG Bancorp. MarketBeat recorded 14 mentions for Renasant and 8 mentions for OFG Bancorp. OFG Bancorp's average media sentiment score of 0.70 beat Renasant's score of 0.13 indicating that OFG Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
OFG Bancorp
2 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Renasant
1 Very Positive mention(s)
6 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

OFG Bancorp has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500.

OFG Bancorp has a net margin of 23.00% compared to Renasant's net margin of 15.94%. OFG Bancorp's return on equity of 16.10% beat Renasant's return on equity.

Company Net Margins Return on Equity Return on Assets
OFG Bancorp23.00% 16.10% 1.73%
Renasant 15.94%7.98%1.03%

92.7% of OFG Bancorp shares are held by institutional investors. Comparatively, 77.3% of Renasant shares are held by institutional investors. 2.2% of OFG Bancorp shares are held by company insiders. Comparatively, 2.8% of Renasant shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.7%. Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 2.9%. OFG Bancorp pays out 25.6% of its earnings in the form of a dividend. Renasant pays out 34.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

OFG Bancorp has higher earnings, but lower revenue than Renasant. OFG Bancorp is trading at a lower price-to-earnings ratio than Renasant, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OFG Bancorp$770.73M2.26$181.87M$3.919.45
Renasant$910.39M1.89$144.68M$2.5811.88

Summary

OFG Bancorp beats Renasant on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OFG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OFG vs. The Competition

MetricOFG BancorpState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$1.74B$2.24B$8.70B$17.42B
Dividend Yield2.80%4.29%10.42%3.56%
P/E Ratio9.4511.0552.0425.15
Price / Sales2.262.073,481.2711.60
Price / Cash8.158.3627.4717.62
Price / Book1.431.022.394.91
Net Income$181.87M$414.19M$995.24M$964.49M
7 Day Performance10.71%4.93%2.42%2.27%
1 Month Performance3.47%0.57%-1.08%-2.05%
1 Year Performance45.83%19.03%13.10%89.06%

OFG Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNST
Renasant
1.3612 of 5 stars
$28.53
-1.1%
$33.00
+15.7%
+9.3%$1.60B$910.39M11.062,300Earnings Report
LKFN
Lakeland Financial
2.6556 of 5 stars
$59.34
+0.1%
$74.00
+24.7%
+11.6%$1.54B$393.12M16.26608
BANR
Banner
3.125 of 5 stars
$42.97
-2.0%
$53.75
+25.1%
-6.9%$1.48B$745.98M8.061,966Analyst Revision
EFSC
Enterprise Financial Services
4.5686 of 5 stars
$38.03
-0.8%
$49.33
+29.7%
-9.0%$1.43B$833.64M7.491,221Dividend Increase
Analyst Report
News Coverage
HTLF
Heartland Financial USA
4.7815 of 5 stars
$33.30
-2.9%
$39.80
+19.5%
+0.6%$1.42B$932.87M19.701,970Upcoming Earnings
FBNC
First Bancorp
1.7053 of 5 stars
$31.24
-1.8%
$33.00
+5.6%
+6.6%$1.28B$546.25M12.351,445News Coverage
Positive News
SBCF
Seacoast Banking Co. of Florida
2.2378 of 5 stars
$22.05
-0.9%
$25.63
+16.2%
+6.0%$1.87B$768.13M17.781,541Dividend Announcement
TOWN
TowneBank
3.9013 of 5 stars
$25.86
-1.3%
$29.00
+12.1%
+13.5%$1.88B$941.58M12.492,784News Coverage
Positive News
SYBT
Stock Yards Bancorp
3.4771 of 5 stars
$43.00
-2.0%
$48.00
+11.6%
-2.5%$1.26B$438.92M11.721,075News Coverage
BUSE
First Busey
4.5581 of 5 stars
$21.80
-1.6%
$24.50
+12.4%
+22.5%$1.20B$601.76M10.051,479Analyst Downgrade
Gap Down

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This page (NYSE:OFG) was last updated on 4/25/2024 by MarketBeat.com Staff

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