OFG Bancorp (OFG) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
660.9M
Net Income
198.2M
29.98%
EPS (Diluted)
$4.23
Balance Sheet Metrics
Total Assets
11.5B
Total Liabilities
10.2B
Shareholders Equity
1.3B
Debt to Equity
8.17
Cash Flow Metrics
Operating Cash Flow
180.4M
Free Cash Flow
210.8M
Revenue & Profitability Trend
OFG Bancorp Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 660.9M | 640.1M | 565.0M | 497.3M | 476.3M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 180.7M | 176.4M | 162.2M | 151.7M | 151.4M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 253.7M | 265.2M | 244.1M | 214.6M | 94.8M |
| Income Tax | 55.6M | 83.4M | 77.9M | 68.5M | 20.5M |
| Net Income | 198.2M | 181.9M | 166.2M | 146.2M | 74.3M |
| EPS (Diluted) | $4.23 | $3.83 | $3.44 | $2.81 | $1.32 |
Income Statement Trend
OFG Bancorp Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 11.5B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 10.2B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 1.3B | 1.2B | 1.0B | 1.1B | 1.1B |
Balance Sheet Composition
OFG Bancorp Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 198.2M | 181.9M | 166.2M | 146.2M | 74.3M |
| Operating Cash Flow | 180.4M | 243.9M | 183.4M | 94.9M | -22.4M |
| Investing Activities | |||||
| Capital Expenditures | -21.3M | -17.8M | -26.2M | -22.5M | -15.2M |
| Investing Cash Flow | 47.3M | -544.6M | -1.0B | -275.6M | 758.6M |
| Financing Activities | |||||
| Dividends Paid | -45.6M | -41.0M | -30.1M | -21.0M | -20.9M |
| Financing Cash Flow | -116.0M | -59.7M | -94.2M | -162.8M | -23.1M |
| Free Cash Flow | 210.8M | 277.8M | 133.5M | 77.0M | 19.7M |
Cash Flow Trend
OFG Bancorp Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.09
Forward P/E
10.68
Price to Book
1.46
Price to Sales
3.04
PEG Ratio
10.68
Profitability Ratios
Profit Margin
31.15%
Operating Margin
41.36%
Return on Equity
15.46%
Return on Assets
1.70%
Financial Health
Debt to Equity
0.21
Beta
0.76
Per Share Data
EPS (TTM)
$4.18
Book Value per Share
$28.83
Revenue per Share
$13.49
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ofg | 1.9B | 10.09 | 1.46 | 15.46% | 31.15% | 0.21 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| U.S. Bancorp | 69.7B | 11.08 | 1.31 | 11.53% | 26.38% | 1.34 |
| Enterprise Financial | 2.0B | 10.65 | 1.11 | 10.82% | 31.46% | 0.34 |
| Pathward Financial | 1.8B | 10.31 | 2.15 | 23.20% | 24.77% | 0.04 |
Financial data is updated regularly. All figures are in the company's reporting currency.