OFG RSI Chart
Last 7 days
-0.1%
Last 30 days
13.3%
Last 90 days
5.2%
Trailing 12 Months
52.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 649.5M | 0 | 0 | 0 |
2023 | 551.6M | 587.4M | 618.4M | 648.9M |
2022 | 451.2M | 459.9M | 482.5M | 515.6M |
2021 | 460.6M | 452.4M | 449.6M | 449.2M |
2020 | 402.8M | 430.2M | 451.5M | 473.3M |
2019 | 372.0M | 378.2M | 377.7M | 373.8M |
2018 | 342.6M | 344.7M | 348.5M | 360.4M |
2017 | 351.5M | 349.5M | 349.3M | 345.6M |
2016 | 390.9M | 379.4M | 362.7M | 356.6M |
2015 | 469.2M | 442.7M | 429.6M | 406.6M |
2014 | 502.5M | 502.1M | 501.3M | 485.3M |
2013 | 319.0M | 377.2M | 435.4M | 493.6M |
2012 | 259.0M | 0 | 0 | 260.8M |
2011 | 311.5M | 313.9M | 304.3M | 297.4M |
2010 | 0 | 314.3M | 309.0M | 303.8M |
2009 | 0 | 0 | 0 | 319.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 08, 2024 | kumar ganesh | sold | -253,931 | 37.9285 | -6,695 | chief strategy officer, us |
May 07, 2024 | kumar ganesh | sold | -306,651 | 38.0366 | -8,062 | chief strategy officer, us |
May 06, 2024 | rodriguez mari evelyn | sold (taxes) | -27,561 | 36.7 | -751 | chief retail banking officer |
May 06, 2024 | kumar ganesh | sold | -762,902 | 38.0045 | -20,074 | chief strategy officer, us |
May 06, 2024 | rodriguez mari evelyn | acquired | - | - | 3,500 | chief retail banking officer |
May 03, 2024 | inclan julian | acquired | - | - | 2,500 | - |
May 01, 2024 | velez-dominguez rafael a | sold (taxes) | -6,171 | 36.3 | -170 | - |
May 01, 2024 | harnett sue | acquired | - | - | 1,700 | - |
May 01, 2024 | velez-dominguez rafael a | acquired | - | - | 1,700 | - |
May 01, 2024 | harnett sue | sold (taxes) | -6,171 | 36.3 | -170 | - |
Which funds bought or sold OFG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.29 | -129,745 | 1,729,110 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 29.58 | 495,958 | 2,315,310 | -% |
May 16, 2024 | HANCOCK WHITNEY CORP | added | 4.16 | 33,987 | 1,512,080 | 0.05% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | added | 353 | 16,428,600 | 21,180,000 | 0.01% |
May 15, 2024 | PRELUDE CAPITAL MANAGEMENT, LLC | new | - | 388,530 | 388,530 | 0.02% |
May 15, 2024 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | added | 49.89 | 294,767 | 919,146 | -% |
May 15, 2024 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | added | 40.43 | 4,622,000 | 16,814,000 | 0.02% |
May 15, 2024 | Point72 Asia (Singapore) Pte. Ltd. | added | 44.6 | 27,840 | 94,067 | 0.02% |
May 15, 2024 | Petrus Trust Company, LTA | unchanged | - | -6,122 | 336,333 | 0.03% |
May 15, 2024 | Alberta Investment Management Corp | unchanged | - | -22,244 | 1,222,090 | 0.01% |
Unveiling OFG Bancorp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to OFG Bancorp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 588.1B | 174.7B | 11.68 | 3.37 | ||||
BAC | 307.4B | 137.9B | 12.28 | 2.23 | ||||
WFC | 213.0B | 85.8B | 11.35 | 2.48 | ||||
C | 122.2B | 125.0B | 15.29 | 0.98 | ||||
CFG | 16.9B | 10.4B | 11.81 | 1.62 | ||||
KEY | 14.5B | 8.1B | 16.61 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.3B | 4.2B | 10.46 | 1.71 | ||||
ZION | 6.6B | 4.1B | 10.55 | 1.63 | ||||
ABCB | 3.5B | 1.3B | 12.32 | 2.65 | ||||
ASB | 3.4B | 2.0B | 20.88 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 417.1M | 173.1M | 14.3 | 2.41 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 295.5M | 98.7M | 10.04 | 2.99 | ||||
ASRV | 48.0M | 62.5M | -16.24 | 0.77 |
OFG Bancorp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -15.1% | 150 | 176 | 166 | 158 | 149 | 146 | 135 | 122 | 113 | 113 | 112 | 113 | 111 | 113 | 115 | 122 | 124 | 91.00 | 94.00 | 94.00 | 95.00 |
Costs and Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA Margin | 1.2% | 1.29* | 1.27* | 1.32* | 1.36* | 1.39* | 1.41* | 1.40* | 1.41* | 1.42* | 1.38* | 1.33* | 1.25* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.4% | 144 | 144 | 142 | 140 | 136 | 135 | 127 | 115 | 105 | 104 | 103 | 102 | 98.00 | 99.00 | 100 | 105 | 105 | 79.00 | 81.00 | 81.00 | 82.00 |
Income Taxes | -16.6% | 18.00 | 22.00 | 21.00 | 22.00 | 19.00 | 22.00 | 21.00 | 19.00 | 17.00 | 15.00 | 20.00 | 19.00 | 14.00 | 7.00 | 6.00 | 7.00 | 0.00 | -2.07 | 1.00 | 11.00 | 12.00 |
Earnings Before Taxes | -0.8% | 68.00 | 68.00 | 66.00 | 66.00 | 65.00 | 68.00 | 63.00 | 59.00 | 54.00 | 49.00 | 61.00 | 60.00 | 45.00 | 30.00 | 34.00 | 29.00 | 2.00 | -3.06 | 8.00 | 35.00 | 35.00 |
EBT Margin | 1.0% | 0.41* | 0.41* | 0.43* | 0.45* | 0.46* | 0.47* | 0.47* | 0.49* | 0.50* | 0.48* | 0.44* | 0.37* | - | - | - | - | - | - | - | - | - |
Net Income | 6.6% | 50.00 | 47.00 | 45.00 | 44.00 | 46.00 | 46.00 | 42.00 | 40.00 | 38.00 | 33.00 | 42.00 | 41.00 | 30.00 | 23.00 | 27.00 | 22.00 | 2.00 | -0.99 | 7.00 | 24.00 | 23.00 |
Net Income Margin | 1.8% | 0.29* | 0.28* | 0.29* | 0.30* | 0.32* | 0.32* | 0.32* | 0.33* | 0.34* | 0.33* | 0.30* | 0.27* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -45.9% | 55.00 | 101 | 85.00 | 43.00 | 49.00 | 43.00 | 18.00 | 42.00 | 30.00 | -0.98 | 19.00 | 26.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.6% | 11,159 | 11,344 | 10,257 | 10,032 | 10,058 | 9,819 | 10,058 | 10,248 | 10,190 | 9,900 | 10,607 | 10,462 | 10,153 | 9,826 | 10,019 | 9,933 | 9,239 | 9,298 | 6,334 | 6,464 | 6,603 |
Cash Equivalents | 0.8% | 754 | 748 | 533 | 799 | 847 | 550 | 815 | 1,307 | 1,856 | 2,024 | 2,756 | 2,768 | 2,409 | 2,156 | 2,283 | 1,900 | 1,326 | 853 | 963 | 677 | 509 |
Net PPE | 0.8% | 105 | 104 | 103 | 104 | 105 | 107 | 106 | 102 | 97.00 | 92.00 | 87.00 | 86.00 | 84.00 | 84.00 | 83.00 | 82.00 | 82.00 | 81.00 | 70.00 | 71.00 | 69.00 |
Goodwill | 0% | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 84.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | - | 86.00 | 86.00 | 86.00 |
Liabilities | -2.0% | 9,944 | 10,151 | 9,162 | 8,932 | 8,968 | 8,776 | 9,064 | 9,233 | 9,150 | 8,831 | 9,553 | 9,382 | 9,045 | 8,740 | 8,955 | 8,891 | 8,216 | 8,252 | 5,284 | 5,419 | 5,582 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 104 | 164 | 306 | 306 | 357 | 549 |
Shareholder's Equity | 1.9% | 1,216 | 1,193 | 1,095 | 0.00 | 1,090 | 1,042 | 994 | 0.00 | 634 | 1,069 | 1,054 | 627 | 92.00 | 1,086 | 1,064 | 265 | 8.00 | 280 | 1,049 | 92.00 | 93.00 |
Retained Earnings | 5.2% | 672 | 639 | 607 | 577 | 548 | 516 | 484 | 456 | 426 | 400 | 376 | 352 | 322 | 300 | 284 | 265 | 251 | 280 | 286 | 284 | 268 |
Additional Paid-In Capital | -0.4% | 636 | 639 | 637 | 636 | 635 | 637 | 636 | 635 | 634 | 637 | 636 | 627 | 623 | 623 | 622 | 622 | 621 | 622 | 621 | 620 | 620 |
Shares Outstanding | 0.3% | 47.00 | 47.00 | 47.00 | 47.00 | 48.00 | 48.00 | 48.00 | 48.00 | 49.00 | 50.00 | 50.00 | 52.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,228 | - | - | - | 1,208 | - | - | - | 1,143 | - | - | - | 686 | - | - | - | 1,220 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -43.3% | 60,991 | 107,524 | 88,790 | 47,143 | 52,200 | 48,910 | 25,863 | 50,480 | 39,203 | 7,923 | 23,687 | 32,030 | 36,404 | -14,834 | 28,240 | 2,499 | 19,055 | 68,608 | 6,641 | 13,690 | 20,678 |
Share Based Compensation | -8.8% | 1,165 | 1,278 | 1,355 | 1,403 | 965 | 1,270 | 911 | 1,031 | 973 | 1,252 | 1,379 | 1,405 | 2,209 | 702 | 145 | 822 | 501 | 567 | 580 | 540 | 447 |
Cashflow From Investing | 119.1% | 163,518 | -856,257 | -572,666 | -45,944 | 70,122 | -21,920 | -373,700 | -592,146 | -525,171 | -59,121 | -117,940 | 80,808 | -86,681 | 72,222 | 277,781 | -50,119 | 457,617 | 96,679 | 382,517 | 311,944 | 51,033 |
Cashflow From Financing | -122.6% | -218,290 | 964,207 | 217,602 | -49,720 | 174,708 | -291,959 | -144,011 | -6,782 | 318,047 | -680,843 | 82,251 | 245,439 | 304,116 | -184,861 | 76,992 | 621,716 | -3,488 | -275,417 | -103,701 | -157,227 | -12,751 |
Dividend Payments | -100.0% | - | 10,548 | 10,359 | 10,532 | 9,572 | 9,579 | 7,178 | 7,330 | 6,003 | 5,081 | 6,240 | 4,281 | 4,116 | 3,594 | 3,596 | 3,593 | 3,598 | 3,593 | 3,597 | 3,595 | 3,590 |
Buy Backs | - | - | - | 2,186 | 13,573 | 2,894 | - | - | 30,631 | 33,479 | 9,711 | 40,161 | - | - | - | - | - | 2,226 | - | - | - | - |
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest income: | ||
Loans | $ 149,594 | $ 128,311 |
Mortgage-backed securities | 19,793 | 10,074 |
Investment securities and other | 14,039 | 10,600 |
Total interest income | 183,426 | 148,985 |
Interest expense: | ||
Deposits | 36,792 | 12,497 |
Advances from FHLB and other borrowings | 2,532 | 591 |
Total interest expense | 39,324 | 13,088 |
Net interest income | 144,102 | 135,897 |
Provision for credit losses | 15,121 | 9,445 |
Net interest income after provision for credit losses | 128,981 | 126,452 |
Non-interest income: | ||
Banking service revenue | 17,259 | 17,513 |
Wealth management revenue | 8,107 | 7,120 |
Mortgage banking activities | 4,693 | 3,898 |
Total banking and financial service revenues | 30,059 | 28,531 |
Sale of securities | (7) | 0 |
Other non-interest income | 296 | 370 |
Total non-interest income | 30,348 | 28,901 |
Non-interest expense: | ||
Compensation and employee benefits | 39,816 | 38,473 |
Occupancy, equipment and infrastructure costs | 14,322 | 14,257 |
Electronic banking charges | 10,366 | 10,337 |
Information technology expenses | 6,603 | 6,418 |
Professional and service fees | 4,004 | 5,064 |
Taxes, other than payroll and income taxes | 3,243 | 3,273 |
Insurance | 2,676 | 2,918 |
Loan servicing and clearing expenses | 2,110 | 2,267 |
Advertising, business promotion, and strategic initiatives | 2,379 | 2,036 |
Communication | 1,081 | 1,029 |
Printing, postage, stationery and supplies | 959 | 730 |
Director and investor relations | 279 | 258 |
Foreclosed real estate and other repossessed assets income, net of expenses | 668 | 793 |
Other | 2,906 | 2,367 |
Total non-interest expense | 91,412 | 90,220 |
Income before income taxes | 67,917 | 65,133 |
Income tax expense | 18,225 | 18,904 |
Net income available to common shareholders | $ 49,692 | $ 46,229 |
Earnings per common share: | ||
Basic (in dollars per share) | $ 1.06 | $ 0.97 |
Diluted (in dollars per share) | $ 1.05 | $ 0.96 |
Average common shares outstanding and equivalents (in shares) | 47,343 | 47,944 |
Cash dividends per share of common stock (in dollars per share) | $ 0.25 | $ 0.22 |