OFG vs FBP vs BPOP vs NBTB

For growth investors, NBT Bancorp Inc.

(NBTB) is the stronger pick with 10. 4% revenue growth year-over-year, versus 4. 8% for OFG Bancorp (OFG). OFG Bancorp (OFG) offers the better valuation at 10. 2x trailing P/E (9. 7x forward), making it the more compelling value choice. Analysts rate OFG Bancorp (OFG) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, OFG Bancorp (OFG) is the cheapest at 10.

2x versus NBT Bancorp Inc. at 13. 5x. On forward P/E, OFG Bancorp is actually cheaper at 9. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: First BanCorp. wins at 0. 30x versus NBT Bancorp Inc. 's 1. 53x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, OFG Bancorp (OFG) delivered a total return of +104.

8%, compared to +29. 9% for NBT Bancorp Inc. (NBTB). Over 10 years, the gap is even starker: FBP returned +644. 5% versus NBTB's +102. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), OFG Bancorp (OFG) is the lower-risk stock at 0.

70β versus Popular, Inc. 's 0. 94β — meaning BPOP is approximately 34% more volatile than OFG relative to the S&P 500. On balance sheet safety, NBT Bancorp Inc. (NBTB) carries a lower debt/equity ratio of 17% versus 42% for OFG Bancorp — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), NBT Bancorp Inc.

(NBTB) is pulling ahead at 10. 4% versus 4. 8% for OFG Bancorp (OFG). On earnings-per-share growth, the picture is similar: Popular, Inc. grew EPS 43. 7% year-over-year, compared to 6. 1% for OFG Bancorp. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

First BanCorp.

(FBP) is the more profitable company, earning 27. 4% net margin versus 18. 8% for Popular, Inc. — meaning it keeps 27. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FBP leads at 33. 2% versus 22. 7% for BPOP. At the gross margin level — before operating expenses — FBP leads at 72. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, First BanCorp. (FBP) is the more undervalued stock at a PEG of 0. 30x versus NBT Bancorp Inc. 's 1. 53x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, OFG Bancorp (OFG) trades at 9. 7x forward P/E versus 10. 8x for First BanCorp. — 1. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BPOP: 7. 1% to $159. 33.

All stocks in this comparison pay dividends.

NBT Bancorp Inc. (NBTB) offers the highest yield at 3. 2%, versus 2. 0% for Popular, Inc. (BPOP).

For long-horizon retirement investors, OFG Bancorp (OFG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

70), 2. 4% yield, +538. 3% 10Y return). Both have compounded well over 10 years (OFG: +538. 3%, NBTB: +102. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.