Financial Services · Banks - Regional
Price
$48.92
Market Cap
$2.1B
Employees
2,223
Beta
0.73
Avg Volume
314,317
CEO
José Rafael Fernández
Business Description
OFG Bancorp, a financial holding company, delivers a broad spectrum of banking and financial solutions, structured across three core divisions: Banking, Wealth Management, and Treasury. The company's services include essential deposit products like checking, savings, and time accounts, alongside diverse credit options such as commercial, consumer, automobile, and mortgage loans. Beyond traditional lending and deposits, OFG Bancorp also provides financial planning, insurance, and trust services for both corporate and individual clients, as well as retirement plan administration. The firm extends its offerings to securities brokerage and investment advisory, assisting retail and institutional investors with various investment vehicles, including tax-advantaged fixed income instruments, mutual funds, stocks, and bonds. This segment also manages separately-managed accounts and offers mutual fund asset allocation programs. Furthermore, OFG Bancorp is engaged in insurance agency and reinsurance activities, and its Treasury segment actively manages an investment portfolio composed of mortgage-backed securities, U.S. government-sponsored agency obligations, U.S. Treasury securities, and money market instruments. It also participates in and manages public and private placements of debt and equity. Additional services encompass money management and investment banking. The company also oversees asset/liability management strategies, which involve the purchase and sale of investment securities, interest rate risk management, derivatives, and various borrowing activities. Founded in 1964 and headquartered in San Juan, Puerto Rico, OFG Bancorp serves its customers through a network of 50 branches in Puerto Rico and two branches in the U.S. Virgin Islands.
Business History
Price Overview
Last updated: Jun 27, 2026 8:57am (just now)$48.92
-0.39 (-0.79%)
Day Range
$48.62 – $49.69
52-Week Range
$35.71 – $49.69
50-Day MA
$45.76
200-Day MA
$42.31
Volume
366,471.00
Analyst Price Targets
Low
$44.00
Consensus
$44.50
High
$45.00
(7 analysts)
Share Structure
Outstanding
42,258,400.00
Float
41,787,633.00
Free Float
98.9%
High free float
— 98.9% of shares trade freely, ~1.1% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
9.81
Stock Price: $48.92
EPS (Diluted): 4.53
EPS (Diluted): 4.53
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.37
Stock Price: $48.92
Total Equity: $1.39B
Shares: 47,366,949
Total Equity: $1.39B
Shares: 47,366,949
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
6.69
Market Cap: $2.07B
Total Debt: $557.30M
Cash: $1.04B
EBITDA: $285.15M
Total Debt: $557.30M
Cash: $1.04B
EBITDA: $285.15M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.4B
Market Cap: $2.07B
Total Debt: $557.30M
Cash: $1.04B
Total Debt: $557.30M
Cash: $1.04B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
71.2%
Gross Profit: $614.52M
Revenue: $862.62M
Revenue: $862.62M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
30.8%
Operating Income: $266.01M
Revenue: $862.62M
Revenue: $862.62M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
23.8%
Net Income: $205.10M
Revenue: $862.62M
Revenue: $862.62M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
15.6%
Net Income: $205.10M
Total Equity: $1.39B
Total Equity: $1.39B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
21.4%
Operating Income: $266.01M
Tax Rate: 12.4%
Equity: $1.39B
Total Debt: $557.30M
Cash: $1.04B
Tax Rate: 12.4%
Equity: $1.39B
Total Debt: $557.30M
Cash: $1.04B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.12
Current Assets: $1.22B
Current Liabilities: $10.60B
Current Liabilities: $10.60B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.40
Short-Term Debt: $100.71M
Long-Term Debt: $456.59M
Total Debt: $557.30M
Total Equity: $1.39B
Long-Term Debt: $456.59M
Total Debt: $557.30M
Total Equity: $1.39B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$18.21
Revenue: $862.62M
Shares: 47,366,949
Shares: 47,366,949
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$29.35
Total Equity: $1.39B
Shares: 47,366,949
Shares: 47,366,949
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$4.21
Operating CF: $217.72M
CapEx: -$18.38M
Shares: 47,366,949
CapEx: -$18.38M
Shares: 47,366,949
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
2.7%
Last Dividend: N/A
Stock Price: $48.92
Stock Price: $48.92
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $205.10M
Net Income: $205.10M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares OFG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:41pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $539.1M | $598.5M | $728.2M | $822.8M | $862.6M |
| Cost of Revenue | $42.1M | $57.6M | $148.6M | $244.1M | $248.1M |
| Gross Profit | $497.0M | $540.9M | $579.5M | $578.7M | $614.5M |
| Operating Expenses | $282.4M | $296.8M | $314.3M | $324.9M | $348.5M |
| Operating Income | $214.6M | $244.1M | $265.2M | $253.7M | $266.0M |
| Net Income | $146.2M | $166.2M | $181.9M | $198.2M | $205.1M |
| EBITDA | $238.5M | $268.5M | $291.8M | $280.5M | $285.2M |
| EPS | $2.85 | $3.46 | $3.85 | $4.25 | $4.53 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:41pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $2.0B | $550.3M | $748.2M | $591.1M | $1.0B |
| Total Current Assets | $2.7B | $2.1B | $3.0B | $3.1B | $1.2B |
| Total Assets | $9.9B | $9.8B | $11.3B | $11.5B | $12.5B |
| Current Liabilities | $8.7B | $8.7B | $9.8B | $9.7B | $10.6B |
| Long-Term Debt | $64.6M | $27.0M | $200.8M | $326.0M | $456.6M |
| Total Liabilities | $8.8B | $8.8B | $10.2B | $10.2B | $11.1B |
| Total Equity | $1.1B | $1.0B | $1.2B | $1.3B | $1.4B |
| Retained Earnings | $399.9M | $516.4M | $639.3M | $772.0M | $904.6M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:41pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $100.0M | $164.5M | $295.7M | $252.5M | $217.7M |
| Capital Expenditure | -$23.1M | -$31.0M | -$17.9M | -$41.7M | -$18.4M |
| Free Cash Flow | $77.0M | $133.5M | $277.8M | $210.8M | $199.3M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$141.9M | -$65.0M | -$18.7M | -$70.3M | -$91.6M |
| Net Change in Cash | -$131.9M | -$1.5B | $197.7M | -$157.0M | $449.2M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 12:50am (8h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$730.3M $728.0M – $732.7M
|
$732.0M $729.7M – $734.4M
|
$727.4M $725.1M – $729.8M
|
$761.9M $761.9M – $761.9M
|
| EBITDA |
$286.8M $285.9M – $287.7M
|
$287.4M $286.5M – $288.4M
|
$285.6M $284.8M – $286.6M
|
$299.2M $299.2M – $299.2M
|
| Net Income |
$211.3M $210.4M – $212.2M
|
$223.3M $222.4M – $224.3M
|
$222.6M $220.3M – $224.9M
|
$244.0M $243.0M – $245.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:41pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +11.0% | +21.7% | +13.0% | +4.8% |
| Gross Profit Growth | +8.8% | +7.1% | -0.1% | +6.2% |
| Operating Income Growth | +13.7% | +8.7% | -4.3% | +4.8% |
| Net Income Growth | +13.7% | +9.4% | +9.0% | +3.5% |
| EBITDA Growth | +12.6% | +8.7% | -3.9% | +1.6% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-19 | Rodriguez Mari Evelyn | M-Exempt | 8,750.00 | $0.00 | $0 |
| 2026-05-19 | Rodriguez Mari Evelyn | F-InKind | 1,957.00 | $45.74 | $89,513 |
| 2026-05-19 | Rodriguez Mari Evelyn | M-Exempt | 3,500.00 | $0.00 | $0 |
| 2026-05-11 | Velez-Dominguez Rafael A | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-05-04 | Vazquez Angel E. | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-04-29 | Garcia Rodriguez Roberto | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-04-24 | Colon Jorge | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-04-24 | FRANQUI ANNETTE | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-04-23 | FERNANDEZ JOSE RAFAEL | G-Gift | 10,000.00 | $0.00 | $0 |
| 2026-03-30 | De Jesus Nestor | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-03-30 | Rodriguez Mari Evelyn | A-Award | 2,790.00 | $0.00 | $0 |
| 2026-03-27 | Harnett Sue | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-03-26 | Gonzalez Hugh | A-Award | 2,080.00 | $0.00 | $0 |
| 2026-03-26 | Arizmendi Maritza | A-Award | 4,090.00 | $0.00 | $0 |
| 2026-03-22 | Grindstaff Lynda | A-Award | 1,500.00 | $0.00 | $0 |
| 2026-03-19 | Ortiz Cesar A | A-Award | 2,145.00 | $0.00 | $0 |
| 2026-03-19 | FERNANDEZ JOSE RAFAEL | A-Award | 14,390.00 | $0.00 | $0 |
| 2026-03-10 | Ortiz Cesar A | A-Award | 717.00 | $0.00 | $0 |
| 2026-03-10 | Ortiz Cesar A | F-InKind | 376.00 | $41.39 | $15,563 |
| 2026-03-10 | Ortiz Cesar A | M-Exempt | 717.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:41pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-30 | $0.35 | 2026-04-22 | 2026-06-30 | 2026-07-15 |
| 2026-03-31 | $0.35 | 2026-01-28 | 2026-03-31 | 2026-04-15 |
| 2025-12-31 | $0.30 | 2025-11-03 | 2025-12-31 | 2026-01-15 |
| 2025-09-30 | $0.30 | 2025-07-30 | 2025-09-30 | 2025-10-15 |
| 2025-06-30 | $0.30 | 2025-04-30 | 2025-06-30 | 2025-07-15 |
| 2025-03-31 | $0.30 | 2025-01-29 | 2025-03-31 | 2025-04-15 |
| 2024-12-31 | $0.25 | 2024-10-28 | 2024-12-31 | 2025-01-15 |
| 2024-09-30 | $0.25 | 2024-07-31 | 2024-09-30 | 2024-10-15 |
| 2024-06-28 | $0.25 | 2024-05-08 | 2024-06-28 | 2024-07-15 |
| 2024-03-27 | $0.25 | 2024-01-31 | 2024-03-28 | 2024-04-15 |
| 2023-12-28 | $0.22 | 2023-10-25 | 2023-12-29 | 2024-01-16 |
| 2023-09-28 | $0.22 | 2023-07-26 | 2023-09-29 | 2023-10-16 |
| 2023-06-29 | $0.22 | 2023-04-26 | 2023-06-30 | 2023-07-17 |
| 2023-03-30 | $0.22 | 2023-01-25 | 2023-03-31 | 2023-04-17 |
| 2022-12-29 | $0.20 | 2022-10-28 | 2022-12-30 | 2023-01-17 |
| 2022-09-29 | $0.20 | 2022-07-27 | 2022-09-30 | 2022-10-17 |
| 2022-06-29 | $0.15 | 2022-04-27 | 2022-06-30 | 2022-07-15 |
| 2022-03-30 | $0.15 | 2022-01-26 | 2022-03-31 | 2022-04-18 |
| 2021-12-30 | $0.12 | 2021-10-29 | 2021-12-31 | 2022-01-18 |
| 2021-09-29 | $0.12 | 2021-07-28 | 2021-09-30 | 2021-10-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for OFG — it's generated by the pipeline (
market-narrative step).
No community reviews yet for OFG.
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30