OFG Bancorp (OFG) Projected to Post Quarterly Earnings on Tuesday

OFG Bancorp (NYSE:OFG) is expected to issue 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. Parties 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 released its earnings results on Thursday, January 22nd. The bank reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.11. The business had revenue of $185.37 million during the quarter, compared to the consensus estimate of $184.17 million. OFG Bancorp had a net margin of 22.72% and a return on equity of 15.21%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 EPS. 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 Performance

NYSE:OFG opened at $42.57 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market capitalization of $1.81 billion, a PE ratio of 9.30 and a beta of 0.67. OFG Bancorp has a fifty-two week low of $34.94 and a fifty-two week high of $46.11. The company has a 50 day simple moving average of $40.96 and a two-hundred day simple moving average of $40.87.

OFG Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, March 31st. This is a boost from OFG Bancorp’s previous quarterly dividend of $0.30. OFG Bancorp’s payout ratio is presently 30.57%.

OFG Bancorp declared that its board has authorized a share buyback plan on Wednesday, January 28th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the bank to buy up to 12% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on OFG. Truist Financial reduced their target price on OFG Bancorp from $48.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 26th. Zacks Research raised 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 report on Thursday, January 15th. They set a “neutral” rating and a $45.00 target price for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OFG Bancorp in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $43.00 price objective (down from $50.00) on shares of OFG Bancorp in a report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $45.83.

Insider Activity at OFG Bancorp

In other OFG Bancorp news, Director Annette Franqui acquired 1,540 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was bought at an average price of $42.06 per share, with a total value of $64,772.40. Following the completion of the acquisition, the director owned 3,440 shares of the company’s stock, valued at $144,686.40. This trade represents a 81.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.23% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of OFG. Royal Bank of Canada grew its holdings in shares of OFG Bancorp by 8.8% during the first quarter. Royal Bank of Canada now owns 30,489 shares of the bank’s stock worth $1,221,000 after purchasing an additional 2,456 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in OFG Bancorp by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,719 shares of the bank’s stock worth $1,069,000 after buying an additional 552 shares during the last quarter. Quantbot Technologies LP bought a new stake in OFG Bancorp in the 2nd quarter worth approximately $162,000. Arrowstreet Capital Limited Partnership lifted its position in OFG Bancorp by 63.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 81,787 shares of the bank’s stock worth $3,500,000 after buying an additional 31,816 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in OFG Bancorp by 250.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,533 shares of the bank’s stock worth $66,000 after buying an additional 1,095 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

OFG Bancorp Company Profile

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.