OFG Bancorp (OFG) Projected to Announce Quarterly Earnings on Wednesday

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

OFG Bancorp (NYSE:OFG) last announced its earnings results on Tuesday, July 21st. The bank reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.22. OFG Bancorp had a net margin of 24.08% and a return on equity of 15.92%. The firm had revenue of $190.28 million for the quarter, compared to the consensus estimate of $182.64 million. During the same period in the prior year, the firm earned $1.15 EPS. 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 Stock Performance

Shares of OFG stock opened at $52.69 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.32. OFG Bancorp has a 52 week low of $35.71 and a 52 week high of $54.47. The stock has a market capitalization of $2.23 billion, a PE ratio of 10.37 and a beta of 0.73. The firm has a 50 day moving average of $52.03 and a two-hundred day moving average of $48.79.

OFG Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.7%. OFG Bancorp’s dividend payout ratio is currently 27.56%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Truist Financial increased their price objective on OFG Bancorp from $55.00 to $58.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Keefe, Bruyette & Woods lifted their target price on OFG Bancorp from $52.00 to $57.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Zacks Research cut OFG Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 21st. Benchmark initiated coverage on OFG Bancorp in a research note on Tuesday, July 14th. They set a “hold” rating for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of OFG Bancorp in a report on Tuesday, October 6th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $56.50.

Insider Transactions at OFG Bancorp

In related news, CFO Maritza Arizmendi sold 10,000 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $53.35, for a total value of $533,500.00. Following the transaction, the chief financial officer owned 56,684 shares of the company’s stock, valued at $3,024,091.40. This represents a 15.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jose Fernandez sold 52,352 shares of the stock in a transaction 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 directly owned 152,657 shares in the company, valued at $8,006,859.65. This trade represents a 25.54% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 66,352 shares of company stock valued at $3,491,362. Insiders own 1.23% of the company’s stock.

About OFG Bancorp

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.