OFG Bancorp, a financial holding company, delivers a broad spectrum of banking and financial solutions, structured across three core divisions: Banking, Wealth ...
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$1.30 per share
Est. EPS $1.23 · Revenue $187.18M · 3 analysts
$1.30 per share
Est. EPS $1.22
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $862.6M | +4.8% | +1.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $205.1M | +3.5% | +9.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +71.2% | +1.3% | +6.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +30.8% | -0.0% | +6.3% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +23.8% | -1.3% | +7.0% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $199.3M | -5.4% | -34.5% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +23.1% | -9.8% | -35.7% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 41.8% | +24.0% | -3.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.12x | -63.7% | -95.7% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $12.5B | +8.4% | +0.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 4.49 vs 4.46 | +0.7% | 1.39 vs 1.17 | +19.2% |
| Revenue Surprise | $862.6M vs $730.3M | +18.1% | $230.6M vs $182.6M | +26.3% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 26, 2026 | Garcia Rodriguez Roberto | director | Restricted Units | D | 50 | — |
| Aug 26, 2026 | Garcia Rodriguez Roberto | director | Common Stock | A | 50 | — |
| Aug 26, 2026 | Garcia Rodriguez Roberto | director | Common Stock | D | 5 | $51.78 |
| Aug 26, 2026 | Grindstaff Lynda | director | Restricted Units | D | 50 | — |
| Aug 26, 2026 | Grindstaff Lynda | director | Common Stock | A | 50 | — |
Operator: Thank you for your continued patience. Meeting will begin shortly. If you need assistance at any time, please press 0, and a member of our team will be happy to help you. Please standby. Your meeting is about to begin. Good morning, everyone. Thank you for joining OFG Bancorp's conference call. My name is Bo, and I will be your operator today. José Rafael Fernández: Our speakers today are José Rafael Fernández, Chief Executive Officer and Chairman of the Board of Directors Maritza Arizmendi, chief financial officer and Cesar A. Ortiz-Marcano, Chief Risk Officer. Operator: A presentation accompanies today's remarks. It can be found on the homepage of the OFG website under the second quarter 2026 section. This call may feature certain forward looking statements about management's goals, plans and expectations. These statements are subject to risks and uncertainties outlined in the Risk Factors section of OFG's SEC filings. Actual results may differ materially from those currently anticipated. We disclaim any obligation to update information disclosed in this call. As a result of developments that occur afterward. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. Instructions will be given at that time. I would now like to turn the call over to Mr. Fernández. Please go ahead, sir. José Rafael Fernández: Good morning, and thank you for joining us. We are pleased to report our second quarter results. Had another all around outstanding quarter, with good momentum in all areas. Let's go to page 3 of our presentation. We continue to show strong financial performance Earnings per share increased 21% year over year on 4% growth in total core revenues. This was driven by consistent loan growth, core deposit strength, stable credit quality, effective balance sheet management. We saw continued solid and steady momentum across all our businesses, supported by disciplined execution, excellent customer engagement, and our differentiated operating model. During the quarter, we launched a new branding campaign highlighting our strategic and financial evolution into a digital bank with a human touch. 1 that combines innovative technology and our customer-focused culture. With healthy consumer and business liquidity, wage growth, and historically low unemployment, Puerto Rico's economy continues to be resilient. Please turn to page 4. Our core digital strategy is focused on 3 key areas of execution. The first area is offering value to customers through innovative account products that meet their specific needs. Libre for the mass market Elite for the mass affluent, and My Biz for small businesses. The second focus is technology. Our omnichannel platform allows customers to interact with us seamlessly across all our digital channels. This is driving digital adoption, generating efficiencies, and savings. In turn, this enables us to reinvest in new ways to serve our …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
José Rafael Fernández | President, Chief Executive Officer & Chairman | USD 2,300,277 | Male | 1964 | Active |
Maritza Arizmendi Diaz | Chief Financial Officer | USD 931,622 | Female | 1968 | Active |
Mari Evelyn Rodriguez | Chief Retail Banking Officer | USD 665,173 | Female | 1971 | Active |
Ada Garcia Castello | Managing Director of Customer Intelligence & Operations | USD 618,893 | Female | 1964 | Active |
Cesar A. Ortiz-Marcano | Chief Risk Officer | USD 610,087 | Male | 1975 | Active |
Lumarie Vega | Managing Director of Marketing & Public Relations | — | — | — | Active |
Gary Fishman | IR Contact | — | Male | — | Active |
Hugh Gonzalez-Robison | General Counsel, Chief Compliance Officer & Secretary | — | Male | 1980 | Active |
Jennifer Zapata Nazario | Managing Director of Human Resources | — | Female | — | Active |
Krisen Aguirre Torres | Vice President Financial Reporting & Accounting Control | — | — | — | Active |
Dimensional Fund Advisors LP increased its stake in OFG Bancorp (NYSE: OFG) by 1.1% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,565,784 shares of the bank's stock after acquiring an additional 27,774 shares during the period. Dimensional
Does OFG Bancorp (OFG) have what it takes to be a top stock pick for momentum investors? Let's find out.
OFG Bancorp (OFG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.35 per common share for the quarter ending September 30, 2026. The dividend is payable October 15, 2026, to holders of record at September 30, 2026. About OFG Bancorp Now in its 62nd 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.
OFG Bancorp delivered a Q2 earnings and revenue beat, supported by robust net interest margins and disciplined expense management. OFG trades at a substantial premium to tangible book value ($52 vs. $31.12), justifying a Hold rating despite strong operational performance. Loan and deposit growth remained modest but positive, with net interest margin expanding to an impressive 5.45%.
