OFG Bancorp
NYSE:OFG

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OFG Bancorp
NYSE:OFG
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Price: 42.98 USD -0.85% Market Closed
Market Cap: 2B USD
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OFG Bancorp
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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OFG Bancorp
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
OFG Bancorp
NYSE:OFG
Revenue
$711.2m
CAGR 3-Years
10%
CAGR 5-Years
12%
CAGR 10-Years
5%
First Bancorp
NYSE:FBP
Revenue
$927m
CAGR 3-Years
3%
CAGR 5-Years
7%
CAGR 10-Years
5%
Popular Inc
NASDAQ:BPOP
Revenue
$2.9B
CAGR 3-Years
4%
CAGR 5-Years
3%
CAGR 10-Years
7%
No Stocks Found

OFG Bancorp
Glance View

Market Cap
2B USD
Industry
Banking

OFG Bancorp, based in San Juan, Puerto Rico, is a banking institution with deep roots in the Caribbean financial landscape. Tracing its origins back to 1964 under a different name, the company has steadily evolved, weathering economic shifts and leveraging its local expertise to become a formidable player in the region's banking sector. It operates primarily through its principal subsidiary, Oriental Bank, which offers a robust portfolio of services tailored to both retail and commercial clients. Through its network of branches and ATMs, OFG provides essential banking services such as checking and savings accounts, personal and commercial loans, credit cards, and insurance products. A key aspect of its strategy has been a strong focus on customer service and technological innovation, aiming to provide seamless banking experiences to its customers. The company derives its revenue from a combination of interest income and non-interest sources. A substantial portion comes from the traditional banking practice of receiving customer deposits and lending them at higher interest rates, thus earning a spread. Additionally, OFG generates income through fees associated with various services, such as transaction processing, asset management, and financial advisory. It also sees revenue from the sale and underwriting of insurance policies. Emphasizing improvement and efficiency, OFG Bancorp continuously seeks to enhance its product offering and operational capabilities, aiming to align with the ever-evolving financial preferences of its clientele while adapting to the regulatory and economic conditions of Puerto Rico and the wider Caribbean region.

OFG Intrinsic Value
47.25 USD
Undervaluation 9%
Intrinsic Value
Price

See Also

What is OFG Bancorp's Revenue?
Revenue
711.2m USD

Based on the financial report for Sep 30, 2024, OFG Bancorp's Revenue amounts to 711.2m USD.

What is OFG Bancorp's Revenue growth rate?
Revenue CAGR 10Y
5%

Over the last year, the Revenue growth was 5%. The average annual Revenue growth rates for OFG Bancorp have been 10% over the past three years , 12% over the past five years , and 5% over the past ten years .

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