Ofg Bancorp - Understand $ofg stock

$OFG Market Cap: $2.046 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$0.00

TTM

Gross Margin

Net Earnings

$194.4M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$11.46B

Q3 2024

Total Liabilities

$10.14B

Q3 2024

Book Value

$1.318B

Q3 2024

Cash

$680.6M

Q3 2024

P/E

10.52

Nov 13, 2024 EST

Free Cash Flow

$246.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Revenue	$0.00	$0.00	$0.00	$0.00	$0.00	$360.4M	$345.6M	$356.6M	$406.6M	$485.3M	$493.6M	$260.8M	$297.3M
YoY Change					-100.0%	4.27%	-3.07%	-12.29%	-16.22%	-1.7%	89.27%	-12.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$0.00	$0.00	$0.00	$0.00	$0.00	$360.4M	$345.6M	$356.6M	$406.6M	$485.3M	$493.6M	$260.8M	$297.3M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$20.40M	$15.80M	$14.10M	$12.70M	$8.500M	$8.900M	$9.000M	$9.400M	$9.000M	$10.20M	$10.30M	$4.800M	$5.500M	$5.800M	$6.000M	$5.400M	$5.400M	$5.500M	$5.900M	$5.000M	$4.700M	$4.400M	$4.600M	$3.800M	$2.900M	$2.500M	$2.200M	$1.500M	$1.900M	$1.400M	$1.000M	$700.0K	$600.0K	$300.0K	$300.0K
YoY Change	29.11%	12.06%	11.02%	49.41%	-4.49%	-1.11%	-4.26%	4.44%	-11.76%	-0.97%	114.58%	-12.73%	-5.17%	-3.33%	11.11%	0.0%	-1.82%	-6.78%	18.0%	6.38%	6.82%	-4.35%	21.05%	31.03%	16.0%	13.64%	46.67%	-21.05%	35.71%	40.0%	42.86%	16.67%	100.0%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$88.01M	$33.49M	$41.83M	$64.92M	$51.00M	$44.53M	$41.48M	$57.17M	$69.20M	$76.78M	$83.96M	$103.5M	$156.4M	$168.6M
YoY Change	162.77%	-19.93%	-35.56%	27.28%	14.55%	7.35%	-27.45%	-17.39%	-9.88%	-8.55%	-18.89%	-33.8%	-7.26%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Pretax Income	$265.2M	$244.1M	$214.6M	$94.83M	$75.25M	$132.8M	$68.09M	$85.18M	-$20.06M	$122.4M	$89.74M	$27.86M	$35.32M	$5.536M	$29.90M	$17.50M	$42.80M	-$6.700M	$58.00M	$65.30M	$51.90M	$39.20M	$7.300M	$19.70M	$26.90M	$22.00M	$20.20M	$18.30M	$15.00M	$12.90M	$8.900M	$2.700M	$1.000M	$0.00	-$500.0K	-$3.800M
YoY Change	8.66%	13.75%	126.31%	26.01%	-43.34%	95.04%	-20.06%	-524.67%	-116.38%	36.44%	222.15%	-21.12%	537.93%	-81.48%	70.86%	-59.11%	-738.81%	-111.55%	-11.18%	25.82%	32.4%	436.99%	-62.94%	-26.77%	22.27%	8.91%	10.38%	22.0%	16.28%	44.94%	229.63%	170.0%		-100.0%	-86.84%
Income Tax	$83.38M	$77.87M	$68.45M	$20.50M	$21.41M	$48.39M	$15.44M	$25.99M	-$17.55M	$37.25M	-$8.709M	$3.301M	$866.0K	-$4.298M	$7.000M	-$9.300M	$1.600M	-$1.600M	-$1.600M	$5.600M	$4.300M	$700.0K	-$1.300M	$100.0K	$200.0K	$2.600M	$3.600M	$3.600M	$2.900M	$3.000M	$1.900M	$1.000M	$100.0K	$0.00	$0.00	$0.00
% Of Pretax Income	31.43%	31.9%	31.9%	21.62%	28.45%	36.44%	22.68%	30.52%		30.43%	-9.71%	11.85%	2.45%	-77.64%	23.41%	-53.14%	3.74%		-2.76%	8.58%	8.29%	1.79%	-17.81%	0.51%	0.74%	11.82%	17.82%	19.67%	19.33%	23.26%	21.35%	37.04%	10.0%
Net Earnings	$181.9M	$166.2M	$146.2M	$74.33M	$53.84M	$84.41M	$52.65M	$59.19M	-$2.504M	$85.18M	$98.45M	$24.56M	$34.45M	$9.834M	$22.90M	$26.80M	$41.30M	-$5.100M	$59.70M	$59.70M	$47.60M	$38.50M	$8.500M	$19.60M	$26.70M	$19.40M	$16.60M	$14.70M	$12.10M	$9.800M	$7.000M	$2.100M	$1.000M	$0.00	-$500.0K	-$3.800M
YoY Change	9.4%	13.74%	96.63%	38.05%	-36.21%	60.34%	-11.05%	-2463.66%	-102.94%	-13.47%	300.92%	-28.72%	250.32%	-57.06%	-14.55%	-35.11%	-909.8%	-108.54%	0.0%	25.42%	23.64%	352.94%	-56.63%	-26.59%	37.63%	16.87%	12.93%	21.49%	23.47%	40.0%	233.33%	110.0%		-100.0%	-86.84%
Net Earnings / Revenue						23.42%	15.23%	16.6%	-0.62%	17.55%	19.94%	9.41%	11.59%
Basic Earnings Per Share	$3.85	$3.46	$2.85	$1.32	$0.92	$1.59	$0.88	$1.03	-$0.37	$1.58	$1.85	$0.35	$0.67	-$0.50
Diluted Earnings Per Share	$3.85	$3.432M	$2.81	$1.32	$0.92	$1.52	$0.88	$1.03	-$0.37	$1.50	$1.73	$0.35	$0.67	-$0.50	$942.4K	$1.103M	$1.693M	-$207.3K	$2.323M	$2.498M	$2.097M	$1.766M	$400.9K	$895.0K	$1.176M	$836.2K	$728.1K	$636.4K	$535.4K	$541.4K	$411.8K	$131.3K	$62.89K	$0.00	-$30.67K	-$255.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$125.8M	$132.2M	$121.0M	$115.2M	$120.2M	$68.90M	$67.90M	$70.40M	$74.60M	$80.60M	$82.90M	$85.00M	$21.50M	$23.90M	$19.80M	$21.20M	$21.80M	$20.20M	$14.80M	$18.60M	$16.20M	$18.00M	$20.90M	$21.70M	$21.80M	$19.60M	$21.10M	$19.30M	$27.40M	$23.80M	$23.60M	$21.00M	$20.80M	$20.00M	$16.10M	$16.10M
YoY Change	-4.81%	9.24%	5.03%	-4.16%	74.46%	1.47%	-3.55%	-5.63%	-7.44%	-2.77%	-2.47%	295.35%	-10.04%	20.71%	-6.6%	-2.75%	7.92%	36.49%	-20.43%	14.81%	-10.0%	-13.88%	-3.69%	-0.46%	11.22%	-7.11%	9.33%	-29.56%	15.13%	0.85%	12.38%	0.96%	4.0%	24.22%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$0.00	$1.100M	$1.100M	$1.100M	$1.100M	$1.100M	$1.100M	$1.100M	$1.100M	$1.100M	$1.100M
YoY Change		-100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Other Assets	$4.923M	$55.49M	$99.10M	$162.5M	$176.7M	$113.8M	$127.4M	$124.2M	$145.9M	$108.7M	$137.6M	$126.7M	$32.00M	$30.70M	$31.70M	$28.50M	$10.40M	$14.20M	$12.20M	$7.300M	$3.700M	$3.700M				$2.800M	$2.800M
YoY Change	-91.13%	-44.01%	-39.02%	-8.04%	55.27%	-10.68%	2.58%	-14.87%	34.22%	-21.0%	8.6%	295.94%	4.23%	-3.15%	11.23%	174.04%	-26.76%	16.39%	67.12%	97.3%	0.0%					0.0%
Total Long-Term Assets
YoY Change
Total Assets	$11.34B	$9.819B	$9.900B	$9.826B	$9.298B	$6.583B	$6.189B	$6.502B	$7.099B	$7.449B	$8.158B	$9.212B	$6.694B	$7.311B	$6.551B	$6.206B	$6.000B	$4.372B	$4.547B	$3.726B	$3.041B	$2.484B	$2.038B	$1.851B	$1.581B	$1.313B	$1.069B	$877.4M	$744.4M	$655.1M	$522.4M	$389.5M	$314.4M	$287.1M	$251.7M	$251.7M
YoY Change
Accounts Payable																						$1.600M	$2.300M	$4.800M	$5.700M	$3.800M	$3.800M
YoY Change																						-30.43%	-52.08%	-15.79%	50.0%	0.0%
Accrued Expenses	$120.6M	$119.8M	$126.7M	$187.0M	$225.5M	$87.70M	$86.80M	$95.40M	$92.00M	$133.3M	$144.4M	$117.7M	$29.40M	$43.90M	$31.60M	$23.70M	$25.70M	$19.50M	$30.40M	$47.60M	$60.70M	$37.80M	$28.20M	$36.70M	$37.50M	$29.30M	$29.30M
YoY Change	0.7%	-5.46%	-32.25%	-17.07%	157.13%	1.04%	-9.01%	3.7%	-30.98%	-7.69%	22.68%	300.34%	-33.03%	38.92%	33.33%	-7.78%	31.79%	-35.86%	-36.13%	-21.58%	60.58%	34.04%	-23.16%	-2.13%	27.99%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00		$0.00	$0.00	$190.3M	$264.7M	$82.50M	$349.7M	$934.7M	$980.1M	$1.268B	$1.788B	$3.162B	$3.628B	$4.126B	$3.791B	$4.000B	$2.550B	$2.476B	$2.227B	$1.985B	$1.553B	$1.053B	$915.5M	$816.5M	$596.2M	$416.2M	$247.9M	$242.3M	$195.3M	$181.8M	$157.2M	$95.40M	$103.8M	$96.60M	$62.40M
YoY Change				-100.0%	-28.11%	220.85%	-76.41%	-62.59%	-4.63%	-22.68%	-29.09%	-43.47%	-12.84%	-12.06%	8.84%	-5.24%	56.91%	2.98%	11.18%	12.19%	27.83%	47.45%	15.03%	12.12%	36.95%	43.25%	67.89%	2.31%	24.07%	7.43%	15.65%	64.78%	-8.09%	7.45%	54.81%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$120.6M	$119.8M	$126.7M	$187.0M	$225.5M	$87.70M	$86.80M	$95.40M	$92.00M	$133.3M	$144.4M	$117.7M	$29.40M	$43.90M	$31.60M	$23.70M	$25.70M	$19.50M	$30.40M	$41.20M	$47.60M	$60.70M	$39.40M	$30.50M	$41.50M	$43.20M	$33.10M	$247.9M	$242.3M	$195.3M	$181.8M	$157.2M	$95.40M	$103.8M	$96.60M	$62.40M
YoY Change	0.7%	-5.46%	-32.25%	-17.07%	157.13%	1.04%	-9.01%	3.7%	-30.98%	-7.69%	22.68%	300.34%	-33.03%	38.92%	33.33%	-7.78%	31.79%	-35.86%	-26.21%	-13.45%	-21.58%	54.06%	29.18%	-26.51%	-3.94%	30.51%	-86.65%	2.31%	24.07%	7.43%	15.65%	64.78%	-8.09%	7.45%	54.81%
Long-Term Debt	$2.000K	$0.00	$36.10M	$36.80M	$37.30M	$228.1M	$146.6M	$340.2M	$104.4M	$105.6M	$103.7M	$162.7M	$36.10M	$36.10M	$36.10M	$36.10M	$36.10M	$51.10M	$87.20M	$87.20M	$51.10M	$50.00M	$60.00M	$86.50M	$106.5M	$114.6M	$115.0M	$99.50M	$7.500M	$14.00M	$29.00M	$29.00M	$5.000M	$8.000M	$8.000M	$8.000M
YoY Change		-100.0%	-1.9%	-1.34%	-83.65%	55.59%	-56.91%	225.86%	-1.14%	1.83%	-36.26%	350.69%	0.0%	0.0%	0.0%	0.0%	-29.35%	-41.4%	0.0%	70.65%	2.2%	-16.67%	-30.64%	-18.78%	-7.07%	-0.35%	15.58%	1226.67%	-46.43%	-51.72%	0.0%	480.0%	-37.5%	0.0%	0.0%
Other Long-Term Liabilities	$19.40M	$32.59M	$800.0K	$1.700M	$900.0K	$300.0K	$1.300M	$2.400M	$6.200M	$11.20M	$14.90M	$26.30M	$47.40M	$100.0K												$0.00	$28.90M	$27.20M	$91.70M	$61.50M	$19.80M	$14.20M	$13.30M	$16.90M	$23.20M	$23.20M
YoY Change	-40.47%	3973.75%	-52.94%	88.89%	200.0%	-76.92%	-45.83%	-61.29%	-44.64%	-24.83%	-43.35%	-44.51%	47300.0%													-100.0%	6.25%	-70.34%	49.11%	210.61%	39.44%	6.77%	-21.3%	-27.16%	0.0%
Total Long-Term Liabilities	$19.40M	$32.59M	$36.90M	$38.50M	$38.20M	$228.4M	$147.9M	$342.6M	$110.6M	$116.8M	$118.6M	$189.0M	$83.50M	$36.20M	$36.10M	$36.10M	$36.10M	$51.10M	$87.20M	$87.20M	$51.10M	$50.00M	$60.00M	$86.50M	$106.5M	$114.6M	$143.9M	$126.7M	$99.20M	$75.50M	$48.80M	$43.20M	$18.30M	$24.90M	$31.20M	$31.20M
YoY Change	-40.47%	-11.68%	-4.16%	0.79%	-83.27%	54.43%	-56.83%	209.76%	-5.31%	-1.52%	-37.25%	126.35%	130.66%	0.28%	0.0%	0.0%	-29.35%	-41.4%	0.0%	70.65%	2.2%	-16.67%	-30.64%	-18.78%	-7.07%	-20.36%	13.58%	27.72%	31.39%	54.71%	12.96%	136.07%	-26.51%	-20.19%	0.0%
Total Liabilities	$10.15B	$8.776B	$8.831B	$8.740B	$8.252B	$5.584B	$5.244B	$5.581B	$6.202B	$6.507B	$7.273B	$8.348B	$5.999B	$6.579B	$6.221B	$5.944B	$5.640B	$4.036B	$4.205B	$3.444B	$2.839B	$2.318B	$1.924B	$1.733B	$1.465B	$1.206B	$979.2M	$797.5M	$674.7M	$599.4M	$491.3M	$365.1M	$292.1M	$265.9M	$232.4M	$232.4M
YoY Change	15.66%	-0.61%	1.04%	5.91%	47.8%	6.48%	-6.05%	-10.01%	-4.68%	-10.53%	-12.88%	39.16%	-8.81%	5.75%	4.65%	5.39%	39.77%	-4.03%	22.1%	21.31%	22.48%	20.46%	11.01%	18.35%	21.4%	23.19%	22.78%	18.2%	12.56%	22.0%	34.57%	24.99%	9.85%	14.41%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	47.26M shares	48.03M shares	50.96M shares	51.36M shares	51.34M shares	45.40M shares	43.94M shares	43.91M shares	44.23M shares	45.02M shares	45.71M shares	41.63M shares	44.43M shares
Diluted Shares Outstanding	47.55M shares	48.44M shares	51.37M shares	51.56M shares	51.72M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.0461 Billion

About OFG Bancorp

OFG Bancorp is a holding company, which engages in the provision of banking and financial services. The firm is engaged in providing banking and financial services through its subsidiaries. The firm operates through three segments: Banking, Wealth Management and Treasury. The firm provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The firm provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).

Industry: State Commercial Banks Peers: Popular Inc First BanCorp