NYSE
OFG

OFG Bancorp

Banks-Regional
Financial Services

Prices are adjusted according to historical splits.

OFG Bancorp Stock Price

Vitals

Today's Low:
$29.48
Today's High:
$30.03
Open Price:
$29.74
52W Low:
$22.1496
52W High:
$34.3
Prev. Close:
$29.69
Volume:
130923

Company Statistics

Market Cap.:
$1.40 billion
Book Value:
23.361
Revenue TTM:
$619.81 million
Operating Margin TTM:
44.03%
Gross Profit TTM:
$589.61 million
Profit Margin:
28.83%
Return on Assets TTM:
1.76%
Return on Equity TTM:
16.9%

Company Profile

OFG Bancorp had its IPO on 1990-03-28 under the ticker symbol OFG.

The company operates in the Financial Services sector and Banks-Regional industry. OFG Bancorp has a staff strength of 2,257 employees.

Stock update

Shares of OFG Bancorp opened at $29.74 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $29.48 - $30.03, and closed at $29.8.

This is a +0.37% increase from the previous day's closing price.

A total volume of 130,923 shares were traded at the close of the day’s session.

In the last one week, shares of OFG Bancorp have slipped by -5.13%.

OFG Bancorp's Key Ratios

OFG Bancorp has a market cap of $1.40 billion, indicating a price to book ratio of 1.2945 and a price to sales ratio of 2.1833.

In the last 12-months OFG Bancorp’s revenue was $619.81 million with a gross profit of $589.61 million and an EBITDA of $0. The EBITDA ratio measures OFG Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, OFG Bancorp’s operating margin was 44.03% while its return on assets stood at 1.76% with a return of equity of 16.9%.

In Q2, OFG Bancorp’s quarterly earnings growth was a positive 10.7% while revenue growth was a positive 7%.

OFG Bancorp’s PE and PEG Ratio

Forward PE
0
Trailing PE
7.9385
PEG
0.93

Its diluted EPS in the last 12-months stands at $3.74 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.93. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into OFG Bancorp’s profitability.

OFG Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1833.

OFG Bancorp stock pays annual dividends of $0.84 per share, indicating a yield of 2.95% and a payout ratio of 23.06%.

Balance sheet and cash flow metrics

Total Assets
$10.03 billion
Total Liabilities
$8.68 billion
Operating Cash Flow
$-45944000.00
Capital Expenditure
$4.54 million
Dividend Payout Ratio
23.06%

OFG Bancorp ended 2024 with $10.03 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.03 billion while shareholder equity stood at $1.10 billion.

OFG Bancorp ended 2024 with $0 in deferred long-term liabilities, $8.68 billion in other current liabilities, 59885000.00 in common stock, $577.04 million in retained earnings and $84.24 million in goodwill. Its cash balance stood at $798.97 million and cash and short-term investments were $848.61 million. The company’s total short-term debt was $35,945,000 while long-term debt stood at $226.51 million.

OFG Bancorp’s total current assets stands at $1.01 billion while long-term investments were $30.31 million and short-term investments were $1.14 billion. Its net receivables were $153.84 million compared to accounts payable of $107.29 million and inventory worth $0.

In 2024, OFG Bancorp's operating cash flow was $-45944000.00 while its capital expenditure stood at $4.54 million.

Comparatively, OFG Bancorp paid $0.23 in dividends in 2024.

Other key metrics

Current Trading Price
$29.8
52-Week High
$34.3
52-Week Low
$22.1496
Analyst Target Price
$37.63

OFG Bancorp stock is currently trading at $29.8 per share. It touched a 52-week high of $34.3 and a 52-week low of $34.3. Analysts tracking the stock have a 12-month average target price of $37.63.

Its 50-day moving average was $30.84 and 200-day moving average was $27.42 The short ratio stood at 1.72 indicating a short percent outstanding of 0%.

Around 281.1% of the company’s stock are held by insiders while 9516.9% are held by institutions.

Frequently Asked Questions About OFG Bancorp

The stock symbol (also called stock or share ticker) of OFG Bancorp is OFG

The IPO of OFG Bancorp took place on 1990-03-28

Similar Industry Stocks (Banks-Regional)

Last Price
Chg
Chg%
$18.14
0
0%
$2
-0.09
-4.31%
$65
-0.02
-0.03%
$56.32
-0.94
-1.64%
$120.1
0
0%
$8.63
0.24
+2.86%
Alico Inc (ALCO)
$23.74
0.07
+0.3%
BAL PHARMA LTD. (BALPHARMA)
$94.48
-3.53
-3.6%
$9.88
0.16
+1.65%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

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 leasing, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. In addition, it provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. Further, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities. Additionally, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Address

254 MuNoz Rivera Avenue, San Juan, PR, United States, 00918