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OFG Bancorp (OFG) Stock

Profile

Country:

United States

IPO:

26 March 1987

Indexes:

Not included

Description:

OFG Bancorp is a financial services company based in Puerto Rico, offering banking, mortgage, and insurance services. It primarily serves individuals and businesses, focusing on community banking and providing tailored financial solutions to meet diverse customer needs.

Key Details

Price

$42.39

TTM Dividend Yield

2.36%(-4.84% YoY)

PE Ratio

10.31(+10.74% YoY)

Beta

1.00

Events Calendar

Earnings

Next earnings date:

Jan 22, 2025

Recent quarterly earnings:

Oct 16, 2024

Recent annual earnings:

Jan 24, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 31, 2024
Splits

Next split:

N/A

Recent split:

Dec 29, 2004

Analyst ratings

Recent major analysts updates

04 Dec '24 Keefe, Bruyette & Woods
Outperform
03 Dec '24 Wells Fargo
Overweight
17 Oct '24 Piper Sandler
Overweight
22 July '24 Wells Fargo
Overweight
10 Apr '24 Wells Fargo
Overweight
29 Jan '24 Wells Fargo
Overweight
21 July '23 Wells Fargo
Overweight
05 Apr '23 Wells Fargo
Overweight
04 Jan '22 Wells Fargo
Overweight
09 Nov '21 Wells Fargo
Overweight

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Institutional Ownership

OFG Bancorp to Report 4Q24 Results and Hold Call Wednesday, January 22, 2025
OFG Bancorp to Report 4Q24 Results and Hold Call Wednesday, January 22, 2025
OFG Bancorp to Report 4Q24 Results and Hold Call Wednesday, January 22, 2025
OFG
businesswire.com23 December 2024

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report fourth quarter 2024 financial results on Wednesday, January 22, 2025, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 225-9448 Participant International Phone Number: (203) 518-9708 Conference ID: OFGQ424 The call can also be accessed live on OFG's website at www.ofgbancorp.com. Webcast replay will be available shortly thereafter. Visit the webc.

OFG Bancorp Declares Regular Quarterly Common Stock Dividend
OFG Bancorp Declares Regular Quarterly Common Stock Dividend
OFG Bancorp Declares Regular Quarterly Common Stock Dividend
OFG
businesswire.com28 October 2024

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.25 per common share for the quarter ending December 31, 2024. The dividend is payable January 15, 2025, to holders of record at December 31, 2024, with an ex-dividend date of December 31, 2024. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S.

OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates
OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates
OFG Bancorp (OFG) Lags Q3 Earnings and Revenue Estimates
OFG
zacks.com16 October 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.95 per share a year ago.

OFG Bancorp Reports 3Q24 Results
OFG Bancorp Reports 3Q24 Results
OFG Bancorp Reports 3Q24 Results
OFG
businesswire.com16 October 2024

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the third quarter ended September 30, 2024. EPS diluted of $1.00 compared to $1.08 in 2Q24 and $0.95 in 3Q23. Total core revenues of $174.1 million compared to $179.4 million in 2Q24 and $172.2 million in 3Q23. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “The third quarter was another solid quarter of performance with EPS-diluted up 5.

OFG Bancorp (OFG) Q3 2024 Earnings Call Transcript
OFG Bancorp (OFG) Q3 2024 Earnings Call Transcript
OFG Bancorp (OFG) Q3 2024 Earnings Call Transcript
OFG
seekingalpha.com16 October 2024

OFG Bancorp (NYSE:OFG ) Q3 2024 Earnings Conference Call October 16, 2024 10:00 AM ET Company Participants Jose Rafael Fernandez - Chairman & CEO Maritza Arizmendi - CFO Conference Call Participants Kelly Motta - KBW Operator Good morning. Thank you for joining the OFG Bancorp's Conference Call.

OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate
OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate
OFG Bancorp: Upgrading To Buy And Raising The Earnings Estimate
OFG
seekingalpha.com15 October 2024

Puerto Rico's economy continues to remain remarkable, which contributes to my positive outlook on loan growth. Rate cuts will likely also drive loan growth. The net interest margin will likely resume its downtrend due to interest rate cuts. The December 2025 target price suggests an upside of ~8.6% from the October 14 closing price. Further, OFG is offering a dividend yield of 2.25%.

OFG Bancorp (OFG) Is Up 0.11% in One Week: What You Should Know
OFG Bancorp (OFG) Is Up 0.11% in One Week: What You Should Know
OFG Bancorp (OFG) Is Up 0.11% in One Week: What You Should Know
OFG
zacks.com17 September 2024

Does OFG Bancorp (OFG) have what it takes to be a top stock pick for momentum investors? Let's find out.

OFG (OFG) Upgraded to Strong Buy: Here's What You Should Know
OFG (OFG) Upgraded to Strong Buy: Here's What You Should Know
OFG (OFG) Upgraded to Strong Buy: Here's What You Should Know
OFG
zacks.com29 August 2024

OFG (OFG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

OFG Bancorp (OFG) Q2 Earnings and Revenues Top Estimates
OFG Bancorp (OFG) Q2 Earnings and Revenues Top Estimates
OFG Bancorp (OFG) Q2 Earnings and Revenues Top Estimates
OFG
zacks.com18 July 2024

OFG Bancorp (OFG) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.93 per share a year ago.

All You Need to Know About OFG (OFG) Rating Upgrade to Strong Buy
All You Need to Know About OFG (OFG) Rating Upgrade to Strong Buy
All You Need to Know About OFG (OFG) Rating Upgrade to Strong Buy
OFG
zacks.com29 May 2024

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).

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FAQ

  • What is the primary business of OFG Bancorp?
  • What is the ticker symbol for OFG Bancorp?
  • Does OFG Bancorp pay dividends?
  • What sector is OFG Bancorp in?
  • What industry is OFG Bancorp in?
  • What country is OFG Bancorp based in?
  • When did OFG Bancorp go public?
  • Is OFG Bancorp in the S&P 500?
  • Is OFG Bancorp in the NASDAQ 100?
  • Is OFG Bancorp in the Dow Jones?
  • When was OFG Bancorp's last earnings report?
  • When does OFG Bancorp report earnings?
  • Should I buy OFG Bancorp stock now?

What is the primary business of OFG Bancorp?

OFG Bancorp is a financial services company based in Puerto Rico, offering banking, mortgage, and insurance services. It primarily serves individuals and businesses, focusing on community banking and providing tailored financial solutions to meet diverse customer needs.

What is the ticker symbol for OFG Bancorp?

The ticker symbol for OFG Bancorp is NYSE:OFG

Does OFG Bancorp pay dividends?

Yes, OFG Bancorp pays dividends. The last payment was $0.25, with an ex-dividend date on 31 December 2024

What sector is OFG Bancorp in?

OFG Bancorp is in the Financial Services sector

What industry is OFG Bancorp in?

OFG Bancorp is in the Banks - Regional industry

What country is OFG Bancorp based in?

OFG Bancorp is headquartered in United States

When did OFG Bancorp go public?

OFG Bancorp's initial public offering (IPO) was on 26 March 1987

Is OFG Bancorp in the S&P 500?

No, OFG Bancorp is not included in the S&P 500 index

Is OFG Bancorp in the NASDAQ 100?

No, OFG Bancorp is not included in the NASDAQ 100 index

Is OFG Bancorp in the Dow Jones?

No, OFG Bancorp is not included in the Dow Jones index

When was OFG Bancorp's last earnings report?

OFG Bancorp's most recent earnings report was on 16 October 2024

When does OFG Bancorp report earnings?

The next expected earnings date for OFG Bancorp is 22 January 2025

Should I buy OFG Bancorp stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions