OFG Bancorp (OFG) AI Stock Analysis

Established in 1964 and headquartered in San Juan, Puerto Rico, OFG Bancorp operates through three primary segments: Banking, Wealth Management, and Treasury. The Banking segment provides checking and savings accounts, time deposits, and commercial, consumer, auto, and mortgage lending, along with trust services and insurance products. The Wealth Management segment delivers securities brokerage, financial planning, and advisory services across stocks, bonds, and mutual funds, as well as retirement plan administration. The Treasury segment manages investment portfolios of mortgage-backed securities and U.S. Treasury securities. The company serves clients through a network of 50 branches across Puerto Rico and the U.S. Virgin Islands.

Between FY2021 and FY2025, OFG Bancorp increased revenue from $539.1M to $862.6M, representing a 5-year revenue CAGR of 9.8%. Annual net income expanded from $146.2M in FY2021 to $205.1M in FY2025, lifting EPS from $2.84 to $4.58. Over this timeframe, operating margin decreased from 39.8% in FY2021 to 30.8% in FY2025, while gross margin moved from 92.2% to 71.2%. In the trailing twelve months, revenue totaled $651.2M with an operating margin of 43.3% and EPS of $5.07. In the latest quarter ended June 30, 2026, quarterly revenue grew 10.4% year-over-year, while quarterly earnings grew 20.9%.

As of June 30, 2026, OFG Bancorp held $3.44B in cash and short-term investments against total debt of $578.0M, resulting in net cash of $2.86B. Shareholders' equity stood at $1.41B out of $12.15B in total assets, with a debt-to-equity ratio of 0.41 and a current ratio of 0.35. In FY2025, the bank generated $217.7M in operating cash flow and $199.3M in free cash flow. Capital allocation in FY2025 included $18.4M in capital expenditures, $51.9M in dividends paid, and $91.6M in share buybacks.

OFG Bancorp trades at a trailing P/E of 10.4x and a forward P/E of 7.4x, compared to medians of 12.1x and 10.8x for the median of its US-listed Financial Services peers. The stock has a price-to-book ratio of 1.5x, a price-to-sales ratio of 3.4x, and a PEG ratio of 0.92. Over the 1-year period through October 16, 2026, OFG gained 33.1%, outperforming the S&P 500 return of 16.8%. Over 5 years, the stock returned 136.5% compared to 83.0% for the S&P 500.

OFG Bancorp pays a forward annual dividend of $1.35 per share, yielding 2.56% with a payout ratio of 26.6%. The company has paid quarterly dividends for 35 consecutive years. Over the past 5 years, its dividend grew at an annualized rate of 33.8%. The most recent ex-dividend date was September 30, 2026.

Wall Street coverage includes 5 analysts, consisting of 1 Strong Buy and 4 Hold ratings. The mean price target is $56.75, representing 7.8% upside relative to the last close of $52.64. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $5.10 on revenue of $751.8M. For the following fiscal year, analysts forecast EPS of $5.15 on revenue of $764.3M. The company beat EPS estimates in 3 of the last 4 quarters, with the next earnings release scheduled for October 21, 2026.

This page is an AI-written research summary of OFG Bancorp (OFG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: OFG income statement, OFG balance sheet, OFG key metrics, OFG analyst forecast, OFG chart. See the OFG stock overview for the latest quote and news.