OFG Bancorp (OFG) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
5.26
+10% vs avg
5yr avg: 4.77
30Y Low3.1·High94.4
P/FCF
↓
9.84
-8% vs avg
5yr avg: 10.66
30Y Low2.3·High48.5
P/B Ratio
↑
1.55
+10% vs avg
5yr avg: 1.41
30Y Low0.4·High3.6
ROE
↑
15.5%
↓+0% vs avg
5yr avg: 15.5%
30Y Low-2%·High29%
Debt/EBITDA
↑
2.04
↑+107% vs avg
5yr avg: 0.98
30Y Low0.2·High40.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OFG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
OFG Bancorp trades at 10.1x earnings, 9% above its 5-year average of 9.3x, sitting at the 37th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a discount of 24%. On a free-cash-flow basis, the stock trades at 9.8x P/FCF, 8% below the 5-year average of 10.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.0B | $1.9B | $2.0B | $1.8B | $1.3B | $1.4B | $956M | $1.2B | $845M | $480M | $669M |
| Enterprise Value | $1.5B | $1.5B | $1.8B | $1.3B | $839M | $-564018800 | $-1063455300 | $715M | $969M | $324M | $954M |
| P/E Ratio → | 10.14 | 9.13 | 10.00 | 9.81 | 8.01 | 9.45 | 14.05 | 25.66 | 10.83 | 10.93 | 12.72 |
| P/S Ratio | 2.27 | 2.25 | 2.41 | 2.45 | 2.23 | 2.53 | 1.77 | 2.84 | 2.11 | 1.24 | 1.73 |
| P/B Ratio | 1.55 | 1.40 | 1.58 | 1.49 | 1.28 | 1.28 | 0.88 | 1.17 | 0.85 | 0.51 | 0.73 |
| P/FCF | 9.84 | 9.74 | 9.42 | 6.42 | 10.00 | 17.72 | 48.53 | 12.63 | 6.94 | 3.31 | 9.14 |
| P/OCF | 9.01 | 8.92 | 7.86 | 6.03 | 8.12 | 13.64 | 27.34 | 11.14 | 6.34 | 3.17 | 8.52 |
P/E links to full P/E history page with 30-year chart
OFG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
OFG Bancorp's enterprise value stands at 5.3x EBITDA, 10% above its 5-year average of 4.8x. The Financial Services sector median is 11.4x, placing the stock at a 54% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.72 | 2.21 | 1.73 | 1.40 | -1.05 | -1.96 | 1.66 | 2.42 | 0.84 | 2.47 |
| EV / EBITDA | 5.26 | 5.19 | 6.47 | 4.30 | 3.13 | -2.36 | -8.97 | 8.42 | 6.77 | 4.12 | 9.91 |
| EV / EBIT | 5.64 | 5.57 | 7.14 | 4.76 | 3.44 | -2.63 | -11.21 | 9.50 | 7.29 | 4.76 | 11.20 |
| EV / FCF | — | 7.43 | 8.62 | 4.53 | 6.29 | -7.33 | -53.99 | 7.40 | 7.95 | 2.23 | 13.03 |
OFG Profitability
Margins and return-on-capital ratios measuring operating efficiency
OFG Bancorp earns an operating margin of 30.8%, above the Financial Services sector average of 21.4%. Operating margins have compressed from 36.4% to 30.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 15.5% indicates solid capital efficiency, compared to the sector median of 9.5%. ROIC of 10.9% represents solid returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 71.2% | 71.2% | 70.3% | 79.6% | 90.4% | 92.2% | 70.9% | 65.6% | 74.9% | 60.1% | 68.3% |
| Operating Margin | 30.8% | 30.8% | 30.8% | 36.4% | 40.8% | 39.8% | 17.5% | 17.5% | 33.1% | 17.6% | 22.1% |
| Net Profit Margin | 23.8% | 23.8% | 24.1% | 25.0% | 27.8% | 27.1% | 13.7% | 12.5% | 21.1% | 13.6% | 15.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.5% | 15.5% | 16.2% | 16.3% | 15.7% | 13.6% | 7.0% | 5.3% | 8.7% | 5.6% | 6.5% |
| ROA | 1.7% | 1.7% | 1.7% | 1.7% | 1.7% | 1.5% | 0.8% | 0.7% | 1.3% | 0.8% | 0.9% |
| ROIC | 10.9% | 10.9% | 12.3% | 15.8% | 16.2% | 13.5% | 5.4% | 3.8% | 7.0% | 3.4% | 3.2% |
| ROCE | 14.4% | 14.4% | 14.9% | 19.6% | 21.0% | 17.5% | 7.7% | 6.4% | 11.8% | 6.2% | 7.0% |
OFG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
OFG Bancorp carries a Debt/EBITDA ratio of 2.0x, which is manageable (51% below the sector average of 4.1x). The company holds a net cash position — cash of $1.0B exceeds total debt of $580M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 1.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.42 | 0.42 | 0.34 | 0.19 | 0.05 | 0.09 | 0.12 | 0.33 | 0.57 | 0.35 | 0.86 |
| Debt / EBITDA | 2.04 | 2.04 | 1.51 | 0.77 | 0.20 | 0.40 | 1.14 | 4.07 | 3.99 | 4.19 | 8.26 |
| Net Debt / Equity | — | -0.33 | -0.13 | -0.44 | -0.48 | -1.80 | -1.86 | -0.48 | 0.12 | -0.17 | 0.31 |
| Net Debt / EBITDA | -1.61 | -1.61 | -0.60 | -1.79 | -1.85 | -8.08 | -17.03 | -5.96 | 0.86 | -1.99 | 2.96 |
| Debt / FCF | — | -2.31 | -0.80 | -1.88 | -3.72 | -25.05 | -102.52 | -5.23 | 1.01 | -1.08 | 3.89 |
| Interest Coverage | 1.54 | 1.54 | 1.57 | 3.01 | 7.29 | 5.13 | 1.46 | 1.48 | 2.98 | 1.64 | 1.49 |
Net cash position: cash ($1.0B) exceeds total debt ($580M)
OFG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.12x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.0B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.31x to 0.12x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.12 | 0.12 | 0.32 | 0.31 | 0.24 | 0.30 | 0.32 | 0.25 | 0.24 | 0.24 | 0.24 |
| Quick Ratio | 0.12 | 0.12 | 0.32 | 0.31 | 0.24 | 0.30 | 0.32 | 0.25 | 0.24 | 0.24 | 0.24 |
| Cash Ratio | 0.10 | 0.10 | 0.06 | 0.08 | 0.06 | 0.23 | 0.25 | 0.11 | 0.08 | 0.10 | 0.09 |
| Asset Turnover | — | 0.07 | 0.07 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
OFG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
OFG Bancorp returns 7.1% to shareholders annually — split between a 2.4% dividend yield and 4.7% buyback yield. The payout ratio of 25.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 9.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.4% | 2.7% | 2.3% | 2.3% | 2.3% | 1.4% | 1.5% | 1.2% | 1.5% | 2.2% | 1.5% |
| Payout Ratio | 25.3% | 25.3% | 23.0% | 22.5% | 18.1% | 13.5% | 19.3% | 26.7% | 15.2% | 20.0% | 17.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.9% | 11.0% | 10.0% | 10.2% | 12.5% | 10.6% | 7.1% | 3.9% | 9.2% | 9.1% | 7.9% |
| FCF Yield | 10.2% | 10.3% | 10.6% | 15.6% | 10.0% | 5.6% | 2.1% | 7.9% | 14.4% | 30.2% | 10.9% |
| Buyback Yield | 4.7% | 4.7% | 3.5% | 1.0% | 4.9% | 3.7% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 7.1% | 7.4% | 5.8% | 3.3% | 7.1% | 5.1% | 1.7% | 1.2% | 1.5% | 2.2% | 1.5% |
| Shares Outstanding | — | $47M | $47M | $48M | $48M | $51M | $52M | $52M | $51M | $51M | $51M |
Peer Comparison
Compare OFG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OFGYou | $2B | 10.1 | 5.3 | 9.8 | 71.2% | 30.8% | 15.5% | 10.9% | 2.0 |
 FBP | $4B | 11.3 | 8.3 | 8.7 | 72.9% | 33.2% | 19.0% | 13.7% | 0.9 |
 BPOP | $10B | 12.1 | 10.7 | 14.2 | 66.1% | 22.7% | 14.0% | 10.2% | 1.6 |
 NBTB | $2B | 13.4 | 10.3 | 10.7 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 CZWI | $204M | 14.5 | 15.3 | 19.6 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 HBAN | $26B | 11.8 | 15.9 | 11.4 | 61.7% | 21.5% | 10.0% | 5.1% | 6.9 |
 IBCP | $690M | 10.3 | 9.3 | 9.8 | 69.6% | 25.8% | 14.3% | 10.2% | 1.4 |
 CFFN | $1B | 15.0 | 29.8 | 20.3 | 47.3% | 19.9% | 6.5% | 2.0% | 21.5 |
 FFIC | $548M | 29.9 | 25.4 | 9.8 | 41.9% | 7.6% | 2.6% | 1.7% | 14.9 |
 KRNY | $511M | 19.3 | 44.6 | 23.9 | 44.1% | 9.0% | 3.5% | 1.1% | 35.0 |
 V | $618B | 31.6 | 24.7 | 28.6 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonOFG — Frequently Asked Questions
Quick answers to the most common questions about buying OFG stock.
What is OFG Bancorp's P/E ratio?
OFG Bancorp's current P/E ratio is 10.1x. The historical average is 13.3x. This places it at the 37th percentile of its historical range.
What is OFG Bancorp's EV/EBITDA?
OFG Bancorp's current EV/EBITDA is 5.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 32.7x.
What is OFG Bancorp's ROE?
OFG Bancorp's return on equity (ROE) is 15.5%. The historical average is 12.5%.
Is OFG stock overvalued?
Based on historical data, OFG Bancorp is trading at a P/E of 10.1x. This is at the 37th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is OFG Bancorp's dividend yield?
OFG Bancorp's current dividend yield is 2.41% with a payout ratio of 25.3%.
What are OFG Bancorp's profit margins?
OFG Bancorp has 71.2% gross margin and 30.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does OFG Bancorp have?
OFG Bancorp's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.