$OFG

FERNANDEZ JOSE RAFAEL (CEO; Chairman BOD) sold 52,352 shares of OFG BANCORP (OFG) at $52.45 ($2.75M total) on 2026-07-24.

OFG Bancorp (NYSE: OFG) reported Q2 diluted EPS of $1.39, up from $1.15 a year earlier, and said results beat analyst expectations. Core revenues rose 4.5% to $190.3 million, net interest margin was 5.45%, and operating income increased. Shares hit a one-year high after the report.

OFG Bancorp (NYSE:OFG) reported Q2 earnings call highlights. Total interest expense fell $0.5 million to $40 million, while banking and financial service revenues rose $1 million to $33 million. The company raised its 2H 2026 net interest margin outlook to 5.25% to 5.35%. Loan and deposit balances grew, credit metrics improved after loan sales, and it reiterated low single-digit loan growth and $380 million to $385 million expense guidance.

OFG Bancorp (NYSE:OFG) reported Q2 CY2026 results. Revenue rose 4.5% year on year to $190.3 million, topping market expectations. GAAP profit was $1.39 per share, 19.2% above analysts’ consensus. The article also cites tangible book value per share growth and a 12-month TBVPS consensus estimate of $33.26.

OFG BANCORP (OFG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99 2 ofg-20262qexx99.htm EX-99 Document Exhibit 99 OFG Bancorp Reports 2Q26 Results SAN JUAN, Puerto Rico, July 21, 2026 – OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the second quarter ended June 30, 2026. EPS diluted o

OFG Bancorp (NYSE: OFG) is set to report Q2 earnings Tuesday before market open. The prior quarter revenue was $185.8 million, up 4.2% year on year, and it beat analysts on EPS and net interest income. For this quarter, analysts expect revenue flat y/y. The stock is near $50.06 with an average price target of $51.

OFG Bancorp continues to demonstrate its commitment to capital returns through consistent dividends and equity-based compensation for directors. Despite the dividend yield surpassing the industry average and frequent increases, the company's investment narrative remains closely tied to the concentrated regional risk of Puerto Rico's economy and rising net charge-offs. Various fair value estimates exist for OFG Bancorp, ranging from $47.75 to $108.38, underscoring the mixed perspectives on its future performance.

OFG Bancorp (OFG) exceeded Q1 expectations, showcasing loan growth, credit performance, and controlled expenses. The stock has seen double-digit rises recently, prompting a valuation check. While a common narrative suggests a 4.2% undervaluation at $47.75 per share, driven by digital growth and balance sheet improvements, potential risks include heavy Puerto Rico exposure and ongoing digital investment costs.

OFG Bancorp director Sue Harnett was granted 1,500 Restricted Units under the company's 2007 Omnibus Performance Incentive Plan. These units, awarded at a stated price of $0.00, will convert to 1,500 shares of Common Stock upon the lapse of the Restricted Period on February 26, 2027. This transaction is a compensation grant and not a stock purchase, increasing Harnett's direct holdings of Restricted Units to 1,500.

Principal Financial Group Inc. reduced its stake in OFG Bancorp by 11% in Q3, now owning 248,364 shares worth approximately $10.8 million. Institutional investors collectively hold 92.73% of OFG Bancorp, while insiders have recently sold shares, reducing their ownership to 3.11%. Despite several analysts categorizing the stock as a "Hold," OFG Bancorp has increased its quarterly dividend to $0.35 and authorized a $200 million share buyback program.