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OFGOFG BancorpHold6.2·$47.74+0.25%
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OFG Bancorp (OFG) Stock Analysis

Breakout setup

HoldModerate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $47.74, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (1.7% away).

OFG Bancorp operates Oriental Bank, an FDIC-insured Puerto Rico commercial bank with 42 branches in Puerto Rico and 2 in the USVI, serving clients through Banking, Wealth Management, and Treasury segments. Net interest income from commercial, auto, consumer, and mortgage loans... Read more

$47.74-0.3% A.UpsideScore 6.2/10#52 of 142 Banks - Regional
QualityF-score6 / 9FCF yield
IncomeYield2.73%(5y avg 2.34%)Payout25.83%sustainable
Stop $45.78Target $47.60(resistance)A.R:R -2.0:1
Analyst target$47.75+0.0%4 analysts
$47.60our TP
$47.74price
$47.75mean
$45
$50

Hold if already holding. Not a fresh buy at $47.74, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (1.7% away). Chart setup: Golden cross, above all MAs, RSI 66, MACD bullish. Maintain position. Not compelling to add more. Score 6.2/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 36d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About OFG Bancorp

About OFG Bancorp

OFG Bancorp concentrates virtually all of its banking operations in Puerto Rico through Oriental Bank's 42 branches and 2 U.S. Virgin Islands branches, supervised by the Federal Reserve Board as a financial holding company and by the FDIC and the Office of the Commissioner of Financial Institutions of Puerto Rico (OCFI) at the bank level. The company employed 2,185 people at December 31, 2025. Puerto Rico government deposits totaled $1.676 billion, or roughly 16.3% of total deposits, with approximately $1.1 billion of that balance expected to reprice on May 15, 2026.

Net interest income is generated across commercial lines of credit and term facilities, residential mortgages securitized into GNMA, FNMA, and FHLMC pools, auto loans originated through authorized dealer networks, and consumer and solar panel loans. The Bank is an approved GNMA mortgage-backed securities issuer and an approved FNMA conforming mortgage seller; during 2025, OFG repurchased $4.6 million of loans from GNMA and FNMA under representation and warranty obligations. The Wealth Management segment adds fee revenue through Oriental Financial Services (securities brokerage, clearing through Pershing LLC), Oriental Insurance (insurance agency commissions), and Oriental Trust (retirement plan trustee and paying agent services). The Treasury segment holds primarily agency mortgage-backed securities and U.S. government-sponsored agency obligations. OFG USA, operating out of Charlotte, North Carolina, participates in commercial and industrial loans to mainland middle-market borrowers, providing modest geographic diversification. Voluntary employee turnover fell to 10% at year-end 2025 and average tenure reached 11 years.

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OFG's 10-K identifies Puerto Rico credit concentration as the primary economic risk, noting that a significant portion of credit risk exposure on the loan portfolio is concentrated in Puerto Rico — a jurisdiction that experienced more than a decade of economic contraction, a federal oversight board appointment in 2016, and ongoing dependence on federal disaster relief funds subject to disbursement delays. The company's branch network and business operations are concentrated in Puerto Rico and the USVI, both susceptible to hurricanes, earthquakes, and major storms; prolonged delays in federal fund disbursements or shifts in federal disaster relief policy could reduce creditworthy borrowers, increase delinquencies, and impair collateral values across commercial real estate, mortgage, auto, and consumer portfolios.

See also: Financial Services · Banks - Regional

From OFG Bancorp's most recent 10-K filing, extracted June 11, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 202636d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Attractive valuation
Positive momentum
Risks
Analyst target reached - limited upside remaining
Near 52-week high (1.7% away)

Key Metrics

P/E (TTM)9.8
P/E (Fwd)10.1
Mkt Cap$2.0B
EV/EBITDA
Profit Mgn33.6%
ROE16.0%
Rev Growth6.9%
Beta0.73
Dividend2.73%
Rating analysts8

Quality Signals

Piotroski F6/9

Options Flow

P/C0.33bullish
IV61%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicPuerto Rico
    10-K Item 1A: 'A significant portion of our credit risk exposure on our loan portfolio is concentrated in Puerto Rico'
  • LOWloan_portfolioPuerto Rico government deposits16%
    10-K Item 1A: 'collateralized deposits from the Puerto Rico government... approximately 16.3% of our total deposits, as of December 31, 2025'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -2.0=NEGATIVEMomentum 8.1>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 36d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
66 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $44.10Resistance $48.57

Price Targets

$46
$48
A.Upside-0.3%
A.R:R-2.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-15.0% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-23 (36d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is OFG stock a buy right now?

Hold if already holding. Not a fresh buy at $47.74, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (1.7% away). Chart setup: Golden cross, above all MAs, RSI 66, MACD bullish. Maintain position. Not compelling to add more. Target $47.60 (-0.3%), stop $45.78 (−4.3%), A.R:R -2.0:1. Score 6.2/10, moderate confidence.

What is the OFG stock price target?

Take-profit target: $47.60 (-0.3% upside). Target $47.60 (-0.3%), stop $45.78 (−4.3%), A.R:R -2.0:1. Stop-loss: $45.78.

What are the risks of investing in OFG?

Analyst target reached - limited upside remaining; Near 52-week high (1.7% away).

Is OFG overvalued or undervalued?

OFG Bancorp trades at a P/E of 9.8 (forward 10.1). TrendMatrix value score: 7.9/10. Verdict: Hold.

What do analysts say about OFG?

8 analysts cover OFG with a consensus score of 3.6/5. Average price target: $48.

What does OFG Bancorp do?OFG Bancorp operates Oriental Bank, an FDIC-insured Puerto Rico commercial bank with 42 branches in Puerto Rico and 2...

OFG Bancorp operates Oriental Bank, an FDIC-insured Puerto Rico commercial bank with 42 branches in Puerto Rico and 2 in the USVI, serving clients through Banking, Wealth Management, and Treasury segments. Net interest income from commercial, auto, consumer, and mortgage loans is the primary revenue source, complemented by wealth management fees. Puerto Rico government deposits totaled $1.676 billion (~16.3% of total deposits) at year-end 2025.

Related stocks: CUBI (Customers Bancorp, Inc) · IFS (Intercorp Financial Services In) · SSB (SouthState Bank Corporation) · PNFP (Pinnacle Financial Partners, In) · INTR (Inter & Co. Inc.)
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