OFG Bancorp
About: OFG Bancorp is a financial holding company, through its subsidiaries provides banking and financial services. It operates through three segments namely Banking, Wealth Management, and Treasury. It serves to clients such as commercial, consumer, auto, and mortgage lending, checking and savings accounts, financial planning, insurance, financial services, and investment brokerage, and corporate and individual trust and retirement services. The company derives maximum revenue from Banking Segment. It provides services in the region of Puerto Rico.
Employees: 2,223
0
Funds holding %
of 7,429 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 27
6% more capital invested
Capital invested by funds: $1.72B [Q1] → $1.82B (+$96.3M) [Q2]
3% more funds holding
Funds holding: 238 [Q1] → 245 (+7) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0.1% less ownership
Funds ownership: 94.67% [Q1] → 94.57% (-0.1%) [Q2]
30% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 105
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$48
8%
upside
Avg. target
$49
10%
upside
High target
$50
12%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Kelly Motta | 12%upside $50 | Outperform Maintained | 18 Jul 2025 |
Wells Fargo Timur Braziler | 8%upside $48 | Equal-Weight Maintained | 10 Jul 2025 |
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
OFG Bancorp Declares Regular Quarterly Common Stock Dividend
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share for the quarter ending September 30, 2025. The dividend is payable October 15, 2025, to holders of record at September 30, 2025. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations.
Neutral
The Motley Fool
1 month ago
OFG Bancorp Reports Record Q2 Results
OFG Bancorp (OFG 3.59%) reported its Q2 2025 results on July 17, with assets exceeding $12.2 billion and loans topping $8.2 billion, driving a 6.5% year-over-year increase in diluted EPS to $1.15. The company raised its guidance for full-year loan growth to nearly 6%, initiated a new $100 million share buyback, and maintained a CET1 ratio of 13.99%, while net interest margin settled at 5.31% due to proactive liquidity management.
Positive
Seeking Alpha
1 month ago
OFG Bancorp: Strong Performer On Most Levels
OFG Bancorp reported Q2 revenue and earnings beats, driven by strong net interest margins and effective expense control. Loans and deposits grew sequentially, but the stock trades at a steep premium to tangible book value, justifying a hold rating. Asset quality is solid, though allowances for credit losses and nonperforming loans are slightly higher than peers; return metrics improved.
Neutral
Seeking Alpha
1 month ago
OFG Bancorp (OFG) Q2 2025 Earnings Call Transcript
OFG Bancorp (NYSE:OFG ) Q2 2025 Earnings Conference Call July 17, 2025 10:00 AM ET Company Participants Cesar A. Ortiz-Marcano - Chief Risk Officer of Oriental Bank José Rafael Fernández - President, CEO & Chairman Maritza Arizmendi Diaz - Chief Financial Officer Conference Call Participants Brett D.
Neutral
Business Wire
1 month ago
OFG Bancorp Reports 2Q25 Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the second quarter ended June 30, 2025. EPS diluted of $1.15 compared to $1.00 in 1Q25 and $1.08 in 2Q24. Total core revenues of $182.2 million compared to $178.3 million in 1Q25 and $179.4 million in 2Q24. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “The second quarter reflected strong operating performance at all levels. EPS-diluted.
Neutral
Business Wire
2 months ago
OFG Bancorp to Report 2Q25 Results and Hold Call Thursday, July 17, 2025
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) will report second quarter 2025 financial results on Thursday, July 17, 2025, before the market opens and hold its conference call that morning at 10:00 AM ET. Participant Toll-Free Phone Number: (800) 245-3047 Participant International Phone Number: (203) 518-9765 Conference ID: OFGQ225 The call can also be accessed live on OFG's website at www.ofgbancorp.com. Webcast replay will be available shortly thereafter. Visit the webcast.
Neutral
Seeking Alpha
3 months ago
OFG Bancorp Doesn't Deserve A Downgrade At This Time
OFG Bancorp has maintained a 'buy' rating due to its strong asset quality, attractive valuation, and robust digital growth strategy. The company's net interest income and non-interest income saw slight declines recently, but deposits and loans have grown, indicating overall balance sheet strength. OFG Bancorp's digital initiatives have shown significant growth, with notable increases in digital loan payments and virtual teller use, enhancing operational efficiency.
Neutral
Business Wire
3 months ago
OFG Bancorp Announces New $100 Million Share Repurchase Plan
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $100 million stock repurchase authorization plan as part of OFG's capital actions. The new plan, which is open-ended, is in addition to the previously authorized stock repurchase plan. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulation.
Neutral
Business Wire
3 months ago
OFG Bancorp Declares Regular Quarterly Common Stock Dividend
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share for the quarter ending June 30, 2025. The dividend is payable July 15, 2025, to holders of record at June 30, 2025, with an ex-dividend date of June 30, 2025. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands.
Positive
Zacks Investment Research
4 months ago
OFG (OFG) Upgraded to Buy: Here's Why
OFG (OFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Charts implemented using Lightweight Charts™