OFG Bancorp (OFG) Expected to Post Quarterly Earnings on Wednesday

OFG Bancorp (NYSE:OFG) will likely be posting its Q3 2026 results before the market opens on Wednesday, October 21st. Analysts expect OFG Bancorp to post earnings of $1.23 per share and revenue of $187.11 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 10:00 AM ET.

OFG Bancorp (NYSE:OFG) last posted its quarterly earnings results on Tuesday, July 21st. The bank reported $1.39 EPS for the quarter, beating the consensus estimate of $1.17 by $0.22. OFG Bancorp had a return on equity of 15.92% and a net margin of 24.08%. The firm had revenue of $190.28 million during the quarter, compared to analysts’ expectations of $182.64 million. During the same quarter last year, the firm earned $1.15 earnings per share. On average, analysts expect OFG Bancorp to post $5.05 EPS for the current fiscal year and $5.22 EPS for the next fiscal year.

OFG Bancorp Price Performance

NYSE:OFG opened at $52.12 on Tuesday. OFG Bancorp has a one year low of $35.71 and a one year high of $54.47. The stock has a market cap of $2.20 billion, a PE ratio of 10.26 and a beta of 0.73. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a 50 day moving average price of $52.03 and a 200 day moving average price of $48.87.

OFG Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.7%. The ex-dividend date was Wednesday, September 30th. OFG Bancorp’s dividend payout ratio is presently 27.56%.

Insider Transactions at OFG Bancorp

In related news, Director Néstor de Jesús sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $53.00, for a total value of $212,000.00. Following the transaction, the director directly owned 20,040 shares in the company, valued at approximately $1,062,120. This represents a 16.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jose Fernandez sold 52,352 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $52.45, for a total value of $2,745,862.40. Following the completion of the transaction, the chief executive officer owned 152,657 shares in the company, valued at $8,006,859.65. This represents a 25.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 66,352 shares of company stock worth $3,491,362 in the last 90 days. Insiders own 1.23% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on OFG shares. Piper Sandler set a $56.00 target price on OFG Bancorp in a report on Wednesday, July 22nd. Wells Fargo & Company lifted their price target on OFG Bancorp from $49.00 to $55.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. Zacks Research lowered OFG Bancorp from a “strong-buy” rating to a “hold” rating in a report on Monday, September 21st. Benchmark assumed coverage on shares of OFG Bancorp in a research report on Tuesday, July 14th. They set a “hold” rating on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of OFG Bancorp in a report on Tuesday, October 6th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $56.50.

OFG Bancorp Company Profile

OFG Bancorp is a financial holding company headquartered in San Juan, Puerto Rico. Through its principal subsidiary, Oriental Bank, the company provides a range of banking and financial services to individuals, businesses and government entities.

Oriental Bank offers consumer and commercial deposit accounts, residential and commercial mortgages, consumer loans, business lending, credit cards and other financing products. The company also provides wealth management, trust, brokerage and insurance-related services through its affiliated businesses.

OFG Bancorp primarily serves customers in Puerto Rico and the U.S.