OFG Bancorp (OFG) to Release Earnings on Tuesday

OFG Bancorp (NYSE:OFG) is projected to issue its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect OFG Bancorp to announce earnings of $1.18 per share and revenue of $182.8910 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 10:00 AM ET.

OFG Bancorp (NYSE:OFG) last posted its quarterly earnings data on Tuesday, March 31st. The bank reported $1.26 EPS for the quarter. The business had revenue of $185.80 million for the quarter. OFG Bancorp had a net margin of 23.45% and a return on equity of 15.62%. On average, analysts expect OFG Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

OFG Bancorp Price Performance

Shares of NYSE OFG opened at $50.05 on Tuesday. The firm has a market cap of $2.12 billion, a PE ratio of 10.34 and a beta of 0.70. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.33. OFG Bancorp has a 1-year low of $35.71 and a 1-year high of $50.66. The company has a fifty day moving average price of $46.84 and a 200 day moving average price of $43.25.

OFG Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.40 annualized dividend and a dividend yield of 2.8%. OFG Bancorp’s dividend payout ratio (DPR) is currently 28.93%.

Institutional Investors Weigh In On OFG Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP lifted its position in OFG Bancorp by 8.8% during the 4th quarter. First Trust Advisors LP now owns 2,040,331 shares of the bank’s stock worth $83,613,000 after buying an additional 164,818 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of OFG Bancorp by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,706,896 shares of the bank’s stock valued at $69,949,000 after acquiring an additional 13,121 shares during the last quarter. Millennium Management LLC raised its holdings in OFG Bancorp by 7.8% during the third quarter. Millennium Management LLC now owns 796,892 shares of the bank’s stock worth $34,657,000 after acquiring an additional 57,572 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in OFG Bancorp by 31.6% during the second quarter. Qube Research & Technologies Ltd now owns 554,208 shares of the bank’s stock valued at $23,720,000 after purchasing an additional 133,046 shares during the last quarter. Finally, Deutsche Bank AG grew its stake in OFG Bancorp by 0.5% in the fourth quarter. Deutsche Bank AG now owns 378,136 shares of the bank’s stock valued at $15,496,000 after purchasing an additional 1,832 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on OFG. Truist Financial boosted their price target on OFG Bancorp from $50.00 to $55.00 and gave the company a “buy” rating in a report on Monday. Wells Fargo & Company lifted their target price on OFG Bancorp from $45.00 to $49.00 and gave the company an “equal weight” rating in a research report on Monday, July 6th. Piper Sandler reissued a “neutral” rating and issued a $48.00 target price (up from $43.00) on shares of OFG Bancorp in a research report on Wednesday, April 22nd. Finally, Zacks Research cut OFG Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $49.00.

About OFG Bancorp

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.