OFG Bancorp (OFG) Expected to Announce Earnings on Tuesday

OFG Bancorp (NYSE:OFG) is expected to be announcing its Q1 2026 results before the market opens on Tuesday, April 21st. Analysts expect the company to announce earnings of $1.08 per share and revenue of $179.1580 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, April 21, 2026 at 10:00 AM ET.

OFG Bancorp (NYSE:OFG) last announced its quarterly earnings results on Thursday, January 22nd. The bank reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.11. OFG Bancorp had a return on equity of 15.21% and a net margin of 22.72%.The business had revenue of $185.37 million for the quarter, compared to analysts’ expectations of $184.17 million. During the same period in the previous year, the firm earned $1.09 EPS. The business’s quarterly revenue was up 1.9% on a year-over-year basis. On average, analysts expect OFG Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

OFG Bancorp Stock Down 0.1%

Shares of OFG Bancorp stock opened at $42.57 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.87 and a current ratio of 0.87. OFG Bancorp has a 52-week low of $34.94 and a 52-week high of $46.11. The company’s 50 day moving average price is $40.96 and its 200-day moving average price is $40.86. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 9.30 and a beta of 0.67.

OFG Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.3%. This is a positive change from OFG Bancorp’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, March 31st. OFG Bancorp’s payout ratio is currently 30.57%.

OFG Bancorp announced that its board has authorized a share buyback program on Wednesday, January 28th that permits the company to buyback $200.00 million in shares. This buyback authorization permits the bank to purchase up to 12% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Annette Franqui acquired 1,540 shares of OFG Bancorp stock in a transaction on Friday, February 20th. The stock was acquired at an average cost of $42.06 per share, for a total transaction of $64,772.40. Following the purchase, the director owned 3,440 shares in the company, valued at $144,686.40. This trade represents a 81.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.23% of the company’s stock.

Institutional Trading of OFG Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of OFG. First Trust Advisors LP increased its holdings in OFG Bancorp by 8.8% in the 4th quarter. First Trust Advisors LP now owns 2,040,331 shares of the bank’s stock worth $83,613,000 after buying an additional 164,818 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of OFG Bancorp by 31.6% during the second quarter. Qube Research & Technologies Ltd now owns 554,208 shares of the bank’s stock valued at $23,720,000 after purchasing an additional 133,046 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of OFG Bancorp during the 4th quarter valued at $4,224,000. Squarepoint Ops LLC lifted its holdings in shares of OFG Bancorp by 990.9% during the 4th quarter. Squarepoint Ops LLC now owns 101,746 shares of the bank’s stock valued at $4,170,000 after buying an additional 92,419 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of OFG Bancorp by 518.1% in the 2nd quarter. Jane Street Group LLC now owns 109,427 shares of the bank’s stock worth $4,683,000 after buying an additional 91,723 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Analyst Ratings Changes

OFG has been the topic of a number of recent analyst reports. Truist Financial cut their price objective on OFG Bancorp from $48.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $43.00 price target (down from $50.00) on shares of OFG Bancorp in a research report on Friday, January 23rd. Zacks Research upgraded OFG Bancorp from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Piper Sandler began coverage on OFG Bancorp in a research note on Thursday, January 15th. They issued a “neutral” rating and a $45.00 target price for the company. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OFG Bancorp in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $45.83.

About OFG Bancorp

OFG Bancorp, through its principal subsidiary Oriental Bank, is a financial holding company headquartered in San Juan, Puerto Rico. The company provides a wide range of banking services, including commercial and consumer deposit accounts, small business loans, corporate lending, treasury management, and cash management solutions. Its consumer offerings encompass personal checking and savings accounts, credit cards, and electronic banking platforms designed to serve retail customers across its markets.

In addition to traditional banking products, OFG Bancorp offers mortgage origination and servicing, as well as wealth management and trust services for high‐net‐worth individuals and institutional clients.