OFG Stock Analysis: OFG Bancorp | NYSE

Deposit Accounts, Commercial Loans, Consumer Lending, Wealth Management

Total Rating 51

Safety 37

Buy Signal 0.27

Banks - Regional
Industry Rotation: +0.5

Market Cap: 2.14B
Avg Turnover: 13.6M

Risk 3d forecast

Volatility25.8%

VaR 5^th Pctl4.02%

VaR vs Median-4.62%

Reward TTM

Sharpe Ratio0.74

Rel. Str. IBD73.6

Rel. Str. Peer Group71.8

Character TTM

Beta0.610

Beta Downside0.502

Hurst Exponent0.429

Drawdowns 3y

Max DD24.56%

CAGR/Max DD0.90

CAGR/Mean DD3.50

EPS (Earnings per Share)

EPS CAGR: 10.11%
EPS Trend: 96.3%

Last SUE: 2.32
Qual. Beats: 3

Revenue

Rev. CAGR: 8.51%
Rev. Trend: 95.6%

Last SUE: 1.17
Qual. Beats: 3

Warnings

Below Avwap Earnings

Tailwinds

Confidence

Seasonality 11.7 years of data

Jan -1.2% 30

Feb -1.0% 20

Mar -5.3% 20

Apr -1.0% 21

May +0.7% 8

Jun +4.5% 23

Jul +5.1% 46

Aug -2.2% 43

Sep -0.9% 27

Oct -1.4% 17

Nov +9.0% 58

Dec +0.9% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: OFG OFG Bancorp

OFG Bancorp is a U.S. financial holding company that provides banking and financial services through three operating segments: Banking, Wealth Management, and Treasury. Founded in 1964 and headquartered in San Juan, Puerto Rico, it serves retail and institutional clients across the United States.

The companys Banking segment offers a full suite of deposit products (savings accounts, certificates of deposit, IRAs, and checking accounts) and lending products, including commercial, auto, mortgage, and consumer loans such as residential solar panel loans, credit cards, and lines of credit. Its Wealth Management segment provides securities brokerage, insurance agency, captive reinsurance, and trust services, while the Treasury segment manages a portfolio of mortgage-backed securities, U.S. government agency obligations, U.S. Treasury securities, and money market instruments, alongside asset/liability management and interest rate risk management activities.

As a mid-cap regional bank with a market capitalization of approximately $2.14 billion, OFG operates within a sector where regional institutions typically generate revenue from net interest income (the spread between loan yields and deposit costs) supplemented by fee-based services such as wealth management and mortgage banking. Its Puerto Rico headquarters places it in a market with a distinct regulatory environment, as the islands banking system is primarily overseen by the Office of the Commissioner of Financial Institutions of Puerto Rico and the FDIC.

Headlines to Watch Out For

Puerto Rico economy drives loan and deposit growth
Net interest margin compresses as Fed cuts rates
Mortgage banking fees fluctuate with loan sale activity

Piotroski VR-10 (Strict) 4.0

Net Income: 220.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.23 > 1.0
NWC/Revenue: -764.2% < 20% (prev -796.1%; Δ 31.96% < -1%)
CFO/TA 0.02 > 3% & CFO 225.0m > Net Income 220.4m
Net Debt (-2.84b) to EBITDA (308.4m): -9.22 < 3
Current Ratio: 0.35 > 1.5 & < 3
Outstanding Shares: last quarter (42.4m) vs 12m ago -5.85% < -2%
Gross Margin: 74.09% > 18% (prev 68.31%; Δ 5.78% > 0.5%)
Asset Turnover: 7.40% > 50% (prev 6.80%; Δ 0.60% > 0%)
Interest Coverage Ratio: 1.67 > 6 (EBIT TTM 284.0m / Interest Expense TTM 170.1m)

Altman Z'' -3.17

A: -0.57 (Total Current Assets 3.64b - Total Current Liabilities 10.5b) / Total Assets 12.2b
B: 0.08 (Retained Earnings 976.9m / Total Assets 12.2b)
C: 0.02 (EBIT TTM 284.0m / Avg Total Assets 12.2b)
D: 0.13 (Book Value of Equity 1.41b / Total Liabilities 10.7b)
Altman-Z'' = -3.17 = D

Beneish M -3.07

DSRI: 0.97 (Receivables 175.1m/166.8m, Revenue 902.5m/832.1m)
GMI: 0.92 (GM 68.31% / 74.09%)
AQI: 0.99 (AQ_t 0.69 / AQ_t-1 0.70)
SGI: 1.08 (Revenue 902.5m / 832.1m)
TATA: -0.00 (NI 220.4m - CFO 225.0m) / TA 12.2b)
Beneish M = -3.07 (Cap -4..+1) = AA

What is the price of OFG shares?

As of October 07, 2026, the stock is trading at USD 50.84 with a total of 178,556 shares traded. Over the past week, the price has changed by +1.44%, over one month by -2.58%, over three months by +3.03% and over the past year by +21.38%.

Current recommended Stop Loss: 49.70 (which is 2.2% or 1.2 ATR below the current price).

Is OFG a buy, sell or hold?

OFG Bancorp has received a consensus analysts rating of 3.40. Therefore, it is recommended to hold OFG.

StrongBuy: 1
Buy: 0
Hold: 4
Sell: 0
StrongSell: 0

What are the forecasts/targets for the OFG price?

Analysts Target Price	56.5	11.1%

OFG Bancorp (OFG) - Fundamental Data Overview as of 03 October 2026

Market Cap USD = 2.14b (2.14b USD * 1.0 USD.USD)
P/E Trailing = 9.8811
P/E Forward = 7.3855
P/S = 3.2902
P/B = 1.5485
P/EG = 0.9233
Revenue TTM = 902.5m USD
EBIT TTM = 284.0m USD
EBITDA TTM = 308.4m USD
Long Term Debt = 400.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 556.6m USD (from shortTermDebt, last quarter)
Debt = 599.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 21.4m
Net Debt = -2.84b USD (calculated: Debt 599.4m - CCE 3.44b)
Enterprise Value = 2.14b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.67 (Ebit TTM 284.0m / Interest Expense TTM 170.1m)
EV/FCF = 10.57x (Enterprise Value 2.14b / FCF TTM 202.7m)
FCF Yield = 9.46% (FCF TTM 202.7m / Enterprise Value 2.14b)
FCF Margin = 22.46% (FCF TTM 202.7m / Revenue TTM 902.5m)
Net Margin = 24.43% (Net Income TTM 220.4m / Revenue TTM 902.5m)
Gross Margin = 74.09% ((Revenue TTM 902.5m - Cost of Revenue TTM 233.8m) / Revenue TTM)
Gross Margin QoQ = 77.08% (prev 72.26%)
Tobins Q-Ratio = 0.18 (Enterprise Value 2.14b / Total Assets 12.2b)
Interest Expense / Debt = 28.37% (Interest Expense 170.1m / Debt 599.4m)
Taxrate = 12.55% (31.6m / 252.1m)
NOPAT = 248.3m (EBIT 284.0m * (1 - 12.55%))
Current Ratio = 0.35 (Total Current Assets 3.64b / Total Current Liabilities 10.5b)
Debt / Equity = 0.43 (Debt 599.4m / totalStockholderEquity, last quarter 1.41b)
Debt / EBITDA = -9.22 (Net Debt -2.84b / EBITDA 308.4m)
Debt / FCF = -14.03 (Net Debt -2.84b / FCF TTM 202.7m)
Total Stockholder Equity = 1.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.81% (Net Income 220.4m / Total Assets 12.2b)
RoE = 15.92% (Net Income TTM 220.4m / Total Stockholder Equity 1.38b)
RoCE = 15.91% (EBIT 284.0m / Capital Employed (Equity 1.38b + L.T.Debt 400.0m))
RoIC = 11.68% (NOPAT 248.3m / Invested Capital 2.13b)
WACC = 11.78% (E(2.14b)/V(2.74b) * Re(8.13%) + D(599.4m)/V(2.74b) * Rd(28.37%) * (1-Tc(0.13)))
Discount Rate = 8.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.41 | Cagr: -4.79%
[DCF] Terminal Value 67.71% ; FCFF base≈192.0m ; Y1≈220.1m ; Y5≈324.0m
[DCF] Fair Price = 138.9 (EV 3.03b - Net Debt -2.84b = Equity 5.87b / Shares 42.3m; r=11.78% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.28 | EPS CAGR: 10.11% | SUE: 2.32 | # QB: 3
Revenue Correlation: 95.55 | Revenue CAGR: 8.51% | SUE: 1.17 | # QB: 3
EPS current Quarter (2026-09-30): EPS=1.23 | Chg30d=+0.00% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=5.10 | Chg30d=+0.20% | Revisions=+50% | GrowthEPS=+11.3% | GrowthRev=+2.8%
EPS next Year (2027-12-31): EPS=5.12 | Chg30d=+0.00% | Revisions=+57% | GrowthEPS=+0.4% | GrowthRev=+1.2%
[Analyst] Revisions Ratio: +79% (up=11, down=0)