OFG Bancorp (OFG) is a publicly traded company in the Financial Services — Banks - Regional industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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.
Is OFG Bancorp stock overvalued or undervalued in 2026?
OFG Bancorp (OFG) trades at 9.7× earnings (P/E), against a median of 12.9× across the 321 financial services companies above $2bn in Kaplio's universe. At Kaplio's cap P/B for its ROTCE 15.8 % (2.0×) $63 (+27 %); at its peers' median (1.4×) $45 (-10 %).
Kaplio overview: OFG Bancorp
Market cap $2B · 52 weeks $37 – $54 (7 % below the high) · P/E 9.7× · 2027 est. P/E 9.6× · Dividend 2.7 % · 5 years rising · Next earnings January 28, 2027 · expected EPS $1.35 · Closing price, Oct 30 · accounts published Oct 21.
- Valuation: P/B 1.6× (justified).
- Business: ROTCE 15.8 % (excellent).
- Balance sheet: Capital/assets 11.2 % (solid).
- Earnings: 7 of 8 (on track).
What would it be worth at its usual multiples?
At Kaplio's cap P/B for its ROTCE 15.8 % (2.0×) $63 (+27 %); at its peers' median (1.4×) $45 (-10 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 5 of 5 pass
- ROA 1.9 %, passes.
- ROTCE 15.8 %, passes.
- Equity / Assets (Tier 1 proxy) 11.2 %, passes.
- P/B (Price / Book) 1.6×, passes.
- Sustainable dividend yield 2.7 %, passes.
Against its peers (reference peers) — OFG Bancorp: P/E 9.7×; P/B 1.6×; ROE 16.4 %; $2.1B. 1st Source Corporation (P/E 12.0×; P/B 1.6×; ROE 13.8 %; $2.1B), First Commonwealth Financial Corporation (P/E 12.4×; P/B 1.4×; ROE 11.2 %; $2.1B), Enterprise Financial Services Corp (P/E 12.4×; P/B 1.2×; ROE 9.3 %; $2.2B).
Expensive or cheap against its last ten fiscal years?
P/B at each close: today 1.6× · median 1.2× · minimum 0.4× · maximum 1.8× · cheap below 0.8× · expensive above 1.5×. It has been cheaper than today 85% of the time over its last ten fiscal years.
Dividend
solid · Yield 2.7 % ($1.11 per ADS in 2025) · Years raising it 5 · 5-year growth +22 % a year · Free cash flow coverage payout 25 % · With $1,000 invested today you'd collect $27.00 a year ($2.25 a month).
Profitability
| Return on Equity | 16.38% |
| Return on Invested Capital | 11.85% |
| Return on Assets | 1.85% |
| Gross Margin | 75.89% |
| Operating Margin | 32.20% |
| Net Margin | 24.64% |
Financial Health
| Debt / Equity | 0.47 |
| Current Ratio | 0.32 |
| Piotroski F-Score | 6 |
| Altman Z-Score | -0.56 |
Price Performance
| 1 month | -2.50% |
| 3 months | -6.37% |
| Year-to-date | +22.04% |
| 1 year | +29.36% |
| 3 years | +57.07% |
| 5 years | +86.47% |
| 10 years | +363.06% |
Dividend History
Paid in the last 12 months: $1.35 per share in 4 payments.
| Date | Amount |
|---|---|
| September 30, 2026 | $0.35 |
| June 30, 2026 | $0.35 |
| March 31, 2026 | $0.35 |
| December 31, 2025 | $0.30 |
| September 30, 2025 | $0.30 |
| June 30, 2025 | $0.30 |
| March 31, 2025 | $0.30 |
| December 31, 2024 | $0.25 |
| September 30, 2024 | $0.25 |
| June 28, 2024 | $0.25 |
Amounts adjusted for stock splits.
Related companies: PNFP · OZK · FRME · EFSC · NWBI · CHCO · SRCE · NIC
Explore sector: Financial Services · Banks - Regional
More sections of OFG: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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