OFG Bancorp
Research OFG Bancorp (OFG) on Bullrun: valuation model: 6.5% undervalued, market cap USD 2.15B, P/E 10.0, dividend yield 2.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerOFG
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal6.5% undervalued
- Market capUSD 2.15B
- P/E10.0
- Dividend yield2.1%
- Financial periodQ2 2026
- RevenueUSD 175.60M
- Net incomeUSD 58.78M
- Free cash flowUSD 45.06M
Valuation Snapshot
Bullrun's latest valuation model marks OFG Bancorp as 6.5% undervalued; latest market cap is USD 2.15B; P/E is 10.0; dividend yield is 2.1%.
Peer valuation comparison
Latest P/E is 10.02x versus a Financial Services sector median of 13.41x (25.3% below).
Latest dividend yield is 2.06% versus a Financial Services sector median of 3.66% (43.6% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 680.22M | USD 205.10M | USD 199.34M | n/a | 4.58 | USD 1.04B | USD 479.75M | USD 1.39B |
| FY2024 | USD 660.94M | USD 198.17M | USD 231.16M | n/a | 4.23 | USD 591.14M | USD 347.34M | USD 1.25B |
| FY2023 | USD 0 | USD 181.87M | USD 277.80M | n/a | 3.83 | USD 748.17M | USD 224.80M | USD 1.19B |
| FY2022 | USD 0 | USD 166.24M | USD 133.46M | n/a | 3.44 | USD 550.31M | USD 54.40M | USD 1.04B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 2.15B | 10.0 | 2.1% | 1.05 |
| 2025 | 2025-12-31 | USD 1.77B | 8.9 | 1.5% | 0.6 |
| 2024 | 2024-12-31 | USD 1.92B | 10.0 | 2.4% | 1 |
| 2023 | 2023-12-29 | USD 1.76B | 9.8 | 2.3% | 0.88 |
| 2022 | 2022-12-30 | USD 1.31B | 8.8 | 2.5% | 0.7 |
| 2021 | 2021-12-31 | USD 1.32B | 9.4 | 1.5% | 0.4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.05 USD, yield 2.1%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.2 USD |
| FY2024 | 1 USD |
| FY2023 | 0.88 USD |
| FY2022 | 0.7 USD |
About OFG Bancorp
OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers savings accounts, certificates of deposit, individual retirement accounts personal, and commercial non-interest and interest-bearing checking accounts; time deposit products; and corporate trust services.
ETFs that hold OFG Bancorp
OFG Bancorp is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| First Trust SMID Rising Dividend Achievers UCITS ETF Class A USD Acc | 1.01% | 0.60% |
Related stock research
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Frequently asked questions
Is OFG Bancorp overvalued or undervalued?
Bullrun's valuation model currently marks OFG Bancorp as 6.5% undervalued.
What is OFG Bancorp's market cap?
OFG Bancorp's market capitalization is USD 2.15B.
What is OFG Bancorp's P/E ratio?
OFG Bancorp's price-to-earnings (P/E) ratio is 10.0.
Does OFG Bancorp pay a dividend?
OFG Bancorp has a dividend yield of 2.1%.
What does OFG Bancorp do?
OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers savings accounts, certificates of deposit, individual retirement accounts personal, and commercial non-interest and interest-bearing checking accounts; time deposit products; and corporate trust services.