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OFG Bancorp
Buy, Hold or Sell?

Let's analyse OFG Bancorp together

PenkeI guess you are interested in OFG Bancorp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of OFG Bancorp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of OFG Bancorp (30 sec.)










What can you expect buying and holding a share of OFG Bancorp? (30 sec.)

How much money do you get?

How much money do you get?
$3.45
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$24.63
Expected worth in 1 year
$37.05
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
$15.87
Return On Investment
43.5%

For what price can you sell your share?

Current Price per Share
$36.46
Expected price per share
$33.85 - $39.04
How sure are you?
50%

1. Valuation of OFG Bancorp (5 min.)




Live pricePrice per Share (EOD)

$36.46

Intrinsic Value Per Share

$28.25 - $158.14

Total Value Per Share

$52.87 - $182.76

2. Growth of OFG Bancorp (5 min.)




Is OFG Bancorp growing?

Current yearPrevious yearGrowGrow %
How rich?$1.1b$1b$128.6m11.0%

How much money is OFG Bancorp making?

Current yearPrevious yearGrowGrow %
Making money$181.8m$166.2m$15.6m8.6%
Net Profit Margin23.4%27.1%--

How much money comes from the company's main activities?

3. Financial Health of OFG Bancorp (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of OFG Bancorp? (5 min.)

Welcome investor! OFG Bancorp's management wants to use your money to grow the business. In return you get a share of OFG Bancorp.

What can you expect buying and holding a share of OFG Bancorp?

First you should know what it really means to hold a share of OFG Bancorp. And how you can make/lose money.

Speculation

The Price per Share of OFG Bancorp is $36.46. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of OFG Bancorp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in OFG Bancorp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $24.63. Based on the TTM, the Book Value Change Per Share is $3.11 per quarter. Based on the YOY, the Book Value Change Per Share is $-169.34 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.86 per quarter.
Based on historical numbers we can estimate the returns while holding a share of OFG Bancorp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps3.8210.5%3.8210.5%3.439.4%2.466.8%1.644.5%
Usd Book Value Change Per Share3.118.5%3.118.5%-169.34-464.5%1.032.8%0.792.2%
Usd Dividend Per Share0.862.4%0.862.4%0.621.7%0.541.5%0.531.5%
Usd Total Gains Per Share3.9710.9%3.9710.9%-168.72-462.8%1.574.3%1.323.6%
Usd Price Per Share37.48-37.48-27.56-26.75-19.67-
Price to Earnings Ratio9.80-9.80-8.03-13.43-9.52-
Price-to-Total Gains Ratio9.45-9.45--0.16-3.82-23.38-
Price to Book Ratio1.52-1.52-1.28-0.63-0.66-
Price-to-Total Gains Ratio9.45-9.45--0.16-3.82-23.38-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share36.46
Number of shares27
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.860.54
Usd Book Value Change Per Share3.111.03
Usd Total Gains Per Share3.971.57
Gains per Quarter (27 shares)107.1242.42
Gains per Year (27 shares)428.50169.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19333541858111160
2186671846117223330
327910061274175334500
437313411702233445670
546616772130292557840
6559201225583506681010
7652234729864087791180
8745268334144678911350
98383018384252510021520
109313354427058311131690

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%31.03.01.088.6%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%26.09.00.074.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%32.00.03.091.4%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%30.05.00.085.7%

Fundamentals of OFG Bancorp

About OFG Bancorp

OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, and individual retirement accounts; certificate of deposits, as well as time deposit products; commercial, consumer, auto leasing, and mortgage lending services; credit cards; cash management; financial planning and insurance services; and corporate and individual trust, and retirement services. In addition, it provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. Further, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; and various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments. Additionally, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company provides investment brokerage, transactional, international trade financing, residential mortgage, and consumer finance services. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Fundamental data was last updated by Penke on 2024-03-14 05:52:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of OFG Bancorp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit OFG Bancorp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare OFG Bancorp to the Banks - Regional industry mean.
  • A Net Profit Margin of 23.4% means that $0.23 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of OFG Bancorp:

  • The MRQ is 23.4%. The company is making a huge profit. +2
  • The TTM is 23.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ23.4%TTM23.4%0.0%
TTM23.4%YOY27.1%-3.7%
TTM23.4%5Y21.4%+2.0%
5Y21.4%10Y18.0%+3.4%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ23.4%18.4%+5.0%
TTM23.4%28.0%-4.6%
YOY27.1%25.2%+1.9%
5Y21.4%22.8%-1.4%
10Y18.0%19.8%-1.8%
1.1.2. Return on Assets

Shows how efficient OFG Bancorp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare OFG Bancorp to the Banks - Regional industry mean.
  • 1.6% Return on Assets means that OFG Bancorp generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of OFG Bancorp:

  • The MRQ is 1.6%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%0.0%
TTM1.6%YOY1.7%-0.1%
TTM1.6%5Y1.2%+0.4%
5Y1.2%10Y1.0%+0.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%0.1%+1.5%
TTM1.6%0.2%+1.4%
YOY1.7%0.2%+1.5%
5Y1.2%0.2%+1.0%
10Y1.0%0.2%+0.8%
1.1.3. Return on Equity

Shows how efficient OFG Bancorp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare OFG Bancorp to the Banks - Regional industry mean.
  • 15.2% Return on Equity means OFG Bancorp generated $0.15 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of OFG Bancorp:

  • The MRQ is 15.2%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 15.2%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.2%TTM15.2%0.0%
TTM15.2%YOY15.9%-0.7%
TTM15.2%5Y11.4%+3.9%
5Y11.4%10Y8.6%+2.8%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ15.2%1.4%+13.8%
TTM15.2%2.5%+12.7%
YOY15.9%2.7%+13.2%
5Y11.4%2.5%+8.9%
10Y8.6%2.8%+5.8%

1.2. Operating Efficiency of OFG Bancorp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient OFG Bancorp is operating .

  • Measures how much profit OFG Bancorp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare OFG Bancorp to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of OFG Bancorp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY45.2%-45.2%
TTM-5Y24.8%-24.8%
5Y24.8%10Y30.2%-5.4%
1.2.2. Operating Ratio

Measures how efficient OFG Bancorp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.17 means that the operating costs are $0.17 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of OFG Bancorp:

  • The MRQ is 0.174. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.174. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.174TTM0.1740.000
TTM0.174YOY0.376-0.202
TTM0.1745Y-0.332+0.506
5Y-0.33210Y-0.236-0.096

1.3. Liquidity of OFG Bancorp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if OFG Bancorp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.15 means the company has $0.15 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of OFG Bancorp:

  • The MRQ is 0.152. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.152. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.152TTM0.1520.000
TTM0.152YOY0.398-0.246
TTM0.1525Y0.439-0.287
5Y0.43910Y11.555-11.117
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.1520.124+0.028
YOY0.3980.225+0.173
5Y0.4390.219+0.220
10Y11.5550.131+11.424
1.3.2. Quick Ratio

Measures if OFG Bancorp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare OFG Bancorp to the Banks - Regional industry mean.
  • A Quick Ratio of 0.24 means the company can pay off $0.24 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of OFG Bancorp:

  • The MRQ is 0.242. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.242. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.242TTM0.2420.000
TTM0.242YOY0.673-0.432
TTM0.2425Y0.607-0.365
5Y0.60710Y6.063-5.456

1.4. Solvency of OFG Bancorp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of OFG Bancorp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare OFG Bancorp to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.90 means that OFG Bancorp assets are financed with 89.8% credit (debt) and the remaining percentage (100% - 89.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of OFG Bancorp:

  • The MRQ is 0.898. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.898. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.898TTM0.8980.000
TTM0.898YOY0.894+0.004
TTM0.8985Y0.366+0.532
5Y0.36610Y0.613-0.247
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8980.915-0.017
TTM0.8980.917-0.019
YOY0.8940.919-0.025
5Y0.3660.919-0.553
10Y0.6130.927-0.314
1.4.2. Debt to Equity Ratio

Measures if OFG Bancorp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare OFG Bancorp to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 865.4% means that company has $8.65 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of OFG Bancorp:

  • The MRQ is 8.654. The company is unable to pay all its debts with equity. -1
  • The TTM is 8.654. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ8.654TTM8.6540.000
TTM8.654YOY8.419+0.235
TTM8.6545Y3.487+5.167
5Y3.48710Y4.845-1.358
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ8.65410.829-2.175
TTM8.65411.013-2.359
YOY8.41911.363-2.944
5Y3.48711.437-7.950
10Y4.84513.038-8.193

2. Market Valuation of OFG Bancorp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings OFG Bancorp generates.

  • Above 15 is considered overpriced but always compare OFG Bancorp to the Banks - Regional industry mean.
  • A PE ratio of 9.80 means the investor is paying $9.80 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of OFG Bancorp:

  • The EOD is 9.533. Based on the earnings, the company is underpriced. +1
  • The MRQ is 9.799. Based on the earnings, the company is underpriced. +1
  • The TTM is 9.799. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.533MRQ9.799-0.267
MRQ9.799TTM9.7990.000
TTM9.799YOY8.030+1.769
TTM9.7995Y13.428-3.629
5Y13.42810Y9.517+3.911
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD9.5337.398+2.135
MRQ9.7996.680+3.119
TTM9.7995.295+4.504
YOY8.0306.943+1.087
5Y13.4289.770+3.658
10Y9.5179.943-0.426
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of OFG Bancorp:

  • The EOD is 5.595. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.752. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.752. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.595MRQ5.752-0.157
MRQ5.752TTM5.7520.000
TTM5.752YOY10.002-4.251
TTM5.7525Y7.382-1.630
5Y7.38210Y6.562+0.820
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD5.595-2.069+7.664
MRQ5.752-1.868+7.620
TTM5.752-0.342+6.094
YOY10.0026.448+3.554
5Y7.3820.429+6.953
10Y6.5620.091+6.471
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of OFG Bancorp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 1.52 means the investor is paying $1.52 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of OFG Bancorp:

  • The EOD is 1.481. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.522. Based on the equity, the company is underpriced. +1
  • The TTM is 1.522. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.481MRQ1.522-0.041
MRQ1.522TTM1.5220.000
TTM1.522YOY1.281+0.241
TTM1.5225Y0.635+0.887
5Y0.63510Y0.660-0.025
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.4810.427+1.054
MRQ1.5220.386+1.136
TTM1.5220.470+1.052
YOY1.2810.642+0.639
5Y0.6350.795-0.160
10Y0.6601.025-0.365
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of OFG Bancorp.

3.1. Institutions holding OFG Bancorp

Institutions are holding 94.98% of the shares of OFG Bancorp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc14.580.00666864061671320.9877
2023-12-31Vanguard Group Inc12.41120.00485843020-21361-0.3642
2023-12-31Dimensional Fund Advisors, Inc.7.7670.043656588-46393-1.2529
2023-12-31Barrow Hanley Mewhinney & Strauss LLC4.97970.30912344357-29377-1.2376
2023-12-31State Street Corporation4.42210.00382081868989214.9886
2023-12-31LSV Asset Management3.91480.15071843037-162621-8.1081
2023-12-31Nuveen Asset Management, LLC2.97160.0169139898455550.3987
2023-12-31JPMorgan Chase & Co2.95630.0051391775-67016-4.5939
2023-12-31Charles Schwab Investment Management Inc2.74130.01231290568-5252-0.4053
2023-12-31Goldman Sachs Group Inc2.59620.00411222264836798217.0874
2023-12-31Geode Capital Management, LLC2.12890.00391002274361693.7438
2023-12-31HHG PLC1.80950.01985191023911739.0208
2023-12-31Morgan Stanley - Brokerage Accounts1.64480.002677435225890.3355
2023-12-31Wellington Management Company LLP1.64130.0054772706-30535-3.8015
2023-12-31First Trust Advisors L.P.1.59890.030875274010066115.4369
2023-12-31American Century Companies Inc1.46520.017868980112110821.2958
2023-12-31Northern Trust Corp1.38610.0044652556-2512-0.3835
2023-12-31Ameriprise Financial Inc1.20610.0064567823-23000-3.8929
2023-12-31Bank of New York Mellon Corp1.13440.004153404157891.0959
2023-09-30Jacobs Levy Equity Management, Inc.0.91520.0762430847-17118-3.8213
Total 74.27060.723934965572+1108654+3.2%

3.2. Funds holding OFG Bancorp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29iShares Core S&P Small-Cap ETF6.76320.1489318401900
2024-01-31Vanguard Total Stock Mkt Idx Inv3.21730.0038151467842180.2793
2024-01-31Vanguard Small Cap Index2.55250.0335120170233120.2764
2024-02-29iShares Russell 2000 ETF2.26280.0619106528400
2024-01-31DFA US Small Cap Value I2.08370.2383980983-31232-3.0855
2024-01-31American Beacon Small Cp Val R52.07050.7514974760-181397-15.6897
2024-02-29First Trust SMID Cp Rising Div Achv ETF1.93040.965990882183410.9263
2024-01-31Vanguard Small Cap Value Index Inv1.74460.0593821340-3408-0.4132
2024-02-29Schwab US Dividend Equity ETF™1.59110.057490734320.0577
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.47220.02656930852560.0369
2023-12-31Janus Henderson Small Cap Value L1.40780.993366275721635548.4664
2024-02-29Avantis US Small Cap Value ETF1.33970.2266306932260.0358
2024-01-31DFA US Targeted Value I1.04540.140349215700
2023-12-31CREF Stock R11.02120.015248078400
2023-12-31Fidelity Small Cap Index0.97770.0679460281-619-0.1343
2024-02-29iShares S&P Small-Cap 600 Growth ETF0.97770.291346027900
2024-02-29SPDR® Portfolio S&P 600 Sm Cap ETF0.90380.1501425476870.0205
2024-02-01iShares Russell 2000 Value ETF0.90280.132342502100
2023-12-31TIAA-CREF Quant Small-Cap Equity Instl0.88770.51741791000
2024-01-31DFA US Micro Cap I0.85970.218740472600
Total 36.01185.091616953829+16571+0.1%

3.3. Insider Transactions

Insiders are holding 2.495% of the shares of OFG Bancorp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-12-19Ganesh KumarSELL568938
2023-12-18Jesus Nestor DeSELL300036.94
2023-12-06Cesar A. OrtizSELL230335.86
2023-09-25Patrick J HaggartySELL2110028.36
2023-08-04Jose Rafael FernandezSELL2500033.41
2023-08-01Ganesh KumarSELL880432.88
2023-07-31Jorge ColonSELL327733.32
2023-07-31Jose Rafael FernandezSELL5000033.11
2023-07-25Ganesh KumarSELL781233.75
2023-07-25Jose Rafael FernandezSELL747233.74
2023-06-07Jose Rafael FernandezSELL2015227.89

4. Summary

4.1. Key Performance Indicators

The key performance indicators of OFG Bancorp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.1053.1050%-169.342+5554%1.031+201%0.794+291%
Book Value Per Share--24.62624.6260%21.521+14%120.351-80%69.318-64%
Current Ratio--0.1520.1520%0.398-62%0.439-65%11.555-99%
Debt To Asset Ratio--0.8980.8980%0.894+0%0.366+145%0.613+46%
Debt To Equity Ratio--8.6548.6540%8.419+3%3.487+148%4.845+79%
Dividend Per Share--0.8620.8620%0.621+39%0.540+60%0.529+63%
Eps--3.8253.8250%3.432+11%2.462+55%1.641+133%
Free Cash Flow Per Share--6.5166.5160%2.755+136%2.125+207%2.225+193%
Free Cash Flow To Equity Per Share--33.99833.9980%0.181+18715%6.772+402%1.083+3039%
Gross Profit Margin--0.9520.9520%0.950+0%0.936+2%1.191-20%
Intrinsic Value_10Y_max--158.135--------
Intrinsic Value_10Y_min--28.246--------
Intrinsic Value_1Y_max--6.246--------
Intrinsic Value_1Y_min--2.326--------
Intrinsic Value_3Y_max--26.084--------
Intrinsic Value_3Y_min--7.468--------
Intrinsic Value_5Y_max--54.743--------
Intrinsic Value_5Y_min--13.093--------
Market Cap1716485756.000-4%1782248960.0001782248960.0000%1334896160.000+34%1331689522.000+34%990108585.000+80%
Net Profit Margin--0.2340.2340%0.271-14%0.214+9%0.180+30%
Operating Margin----0%0.452-100%0.248-100%0.302-100%
Operating Ratio--0.1740.1740%0.376-54%-0.332+291%-0.236+235%
Pb Ratio1.481-3%1.5221.5220%1.281+19%0.635+140%0.660+131%
Pe Ratio9.533-3%9.7999.7990%8.030+22%13.428-27%9.517+3%
Price Per Share36.460-3%37.48037.4800%27.560+36%26.750+40%19.668+91%
Price To Free Cash Flow Ratio5.595-3%5.7525.7520%10.002-42%7.382-22%6.562-12%
Price To Total Gains Ratio9.190-3%9.4479.4470%-0.163+102%3.818+147%23.384-60%
Quick Ratio--0.2420.2420%0.673-64%0.607-60%6.063-96%
Return On Assets--0.0160.0160%0.017-7%0.012+30%0.010+54%
Return On Equity--0.1520.1520%0.159-4%0.114+34%0.086+77%
Total Gains Per Share--3.9683.9680%-168.721+4352%1.571+153%1.323+200%
Usd Book Value--1171036000.0001171036000.0000%1042406000.000+12%6170302400.000-81%3555618100.000-67%
Usd Book Value Change Per Share--3.1053.1050%-169.342+5554%1.031+201%0.794+291%
Usd Book Value Per Share--24.62624.6260%21.521+14%120.351-80%69.318-64%
Usd Dividend Per Share--0.8620.8620%0.621+39%0.540+60%0.529+63%
Usd Eps--3.8253.8250%3.432+11%2.462+55%1.641+133%
Usd Free Cash Flow--309860000.000309860000.0000%133457000.000+132%102615000.000+202%111201500.000+179%
Usd Free Cash Flow Per Share--6.5166.5160%2.755+136%2.125+207%2.225+193%
Usd Free Cash Flow To Equity Per Share--33.99833.9980%0.181+18715%6.772+402%1.083+3039%
Usd Market Cap1716485756.000-4%1782248960.0001782248960.0000%1334896160.000+34%1331689522.000+34%990108585.000+80%
Usd Price Per Share36.460-3%37.48037.4800%27.560+36%26.750+40%19.668+91%
Usd Profit--181872000.000181872000.0000%166239000.000+9%124555600.000+46%90169700.000+102%
Usd Revenue--776949000.000776949000.0000%613770000.000+27%560213200.000+39%467353900.000+66%
Usd Total Gains Per Share--3.9683.9680%-168.721+4352%1.571+153%1.323+200%
 EOD+4 -4MRQTTM+0 -0YOY+25 -115Y+25 -1110Y+22 -14

4.2. Fundamental Score

Let's check the fundamental score of OFG Bancorp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.533
Price to Book Ratio (EOD)Between0-11.481
Net Profit Margin (MRQ)Greater than00.234
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.242
Current Ratio (MRQ)Greater than10.152
Debt to Asset Ratio (MRQ)Less than10.898
Debt to Equity Ratio (MRQ)Less than18.654
Return on Equity (MRQ)Greater than0.150.152
Return on Assets (MRQ)Greater than0.050.016
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of OFG Bancorp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.140
Ma 20Greater thanMa 5036.152
Ma 50Greater thanMa 10036.227
Ma 100Greater thanMa 20035.575
OpenGreater thanClose35.650
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Inventory  -997,307-1,331,932-2,329,239135,635-2,193,6041,452,575-741,0291,369,943628,914
Long-term Assets Other  -370,836368,199-2,63710-2,627-235,677-238,30410,341,57010,103,266
Cash and Short Term Investments  1,926,926673,7142,600,640-66,2772,534,363-571,2801,963,083-2,711,256-748,173



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets11,499,646
Total Liabilities10,328,610
Total Stockholder Equity1,193,480
 As reported
Total Liabilities 10,328,610
Total Stockholder Equity+ 1,193,480
Total Assets = 11,499,646

Assets

Total Assets11,499,646
Total Current Assets923,014
Long-term Assets10,576,632
Total Current Assets
Cash And Cash Equivalents 748,173
Short-term Investments 2,099,264
Net Receivables 119,259
Inventory 628,914
Total Current Assets  (as reported)923,014
Total Current Assets  (calculated)3,595,610
+/- 2,672,596
Long-term Assets
Property Plant Equipment 125,827
Goodwill 84,241
Long Term Investments 2,686,770
Intangible Assets 70,214
Long-term Assets Other 10,103,266
Long-term Assets  (as reported)10,576,632
Long-term Assets  (calculated)13,070,318
+/- 2,493,686

Liabilities & Shareholders' Equity

Total Current Liabilities6,088,142
Long-term Liabilities4,240,468
Total Stockholder Equity1,193,480
Total Current Liabilities
Short-term Debt 8,298
Other Current Liabilities 6,079,844
Total Current Liabilities  (as reported)6,088,142
Total Current Liabilities  (calculated)6,088,142
+/-0
Long-term Liabilities
Long term Debt 200,770
Capital Lease Obligations 24,029
Long-term Liabilities  (as reported)4,240,468
Long-term Liabilities  (calculated)224,799
+/- 4,015,669
Total Stockholder Equity
Common Stock59,885
Retained Earnings 639,324
Accumulated Other Comprehensive Income 83,954
Other Stockholders Equity 410,317
Total Stockholder Equity (as reported)1,193,480
Total Stockholder Equity (calculated)1,193,480
+/-0
Other
Capital Stock59,885
Cash and Short Term Investments -748,173
Common Stock Shares Outstanding 47,552
Liabilities and Stockholders Equity 11,522,090
Net Debt -523,374
Net Invested Capital 1,394,250
Net Working Capital -5,165,128
Property Plant and Equipment Gross 201,718
Short Long Term Debt Total 224,799



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-311993-12-311992-12-311991-12-311990-12-311989-12-311988-12-311987-12-311986-12-31
> Total Assets 
0
0
251,700
287,100
314,400
389,500
522,400
0
744,400
877,400
1,068,600
1,068,600
1,311,400
1,587,300
1,850,234
2,038,940
2,489,141
3,039,468
3,725,695
4,250,652
4,373,690
5,999,855
6,205,536
6,550,833
7,312,777
6,693,666
9,194,060
8,139,646
7,449,109
7,099,149
6,501,824
6,189,053
6,583,352
9,297,452
9,826,011
9,899,720
9,818,780
11,499,646
11,499,6469,818,7809,899,7209,826,0119,297,4526,583,3526,189,0536,501,8247,099,1497,449,1098,139,6469,194,0606,693,6667,312,7776,550,8336,205,5365,999,8554,373,6904,250,6523,725,6953,039,4682,489,1412,038,9401,850,2341,587,3001,311,4001,068,6001,068,600877,400744,4000522,400389,500314,400287,100251,70000
   > Total Current Assets 
0
0
11,100
20,800
12,100
19,900
28,200
0
35,700
27,000
12,400
38,400
29,400
26,100
23,807
24,866
24,978
34,026
33,958
68,627
48,281
75,173
58,284
1,574,720
477,662
2,824,069
6,824,211
6,372,971
5,877,819
5,328,108
4,977,612
4,868,561
5,147,346
2,065,170
2,745,032
2,716,296
2,086,905
923,014
923,0142,086,9052,716,2962,745,0322,065,1705,147,3464,868,5614,977,6125,328,1085,877,8196,372,9716,824,2112,824,069477,6621,574,72058,28475,17348,28168,62733,95834,02624,97824,86623,80726,10029,40038,40012,40027,00035,700028,20019,90012,10020,80011,10000
       Cash And Cash Equivalents 
0
0
8,200
17,600
8,500
14,800
23,200
0
27,700
16,900
26,000
26,000
14,500
8,100
10,322
8,220
9,280
16,310
14,831
44,892
20,341
22,858
14,370
277,123
448,946
605,477
869,011
703,468
581,834
540,058
513,469
488,233
450,063
852,757
2,154,202
2,023,650
550,464
748,173
748,173550,4642,023,6502,154,202852,757450,063488,233513,469540,058581,834703,468869,011605,477448,946277,12314,37022,85820,34144,89214,83116,3109,2808,22010,3228,10014,50026,00026,00016,90027,700023,20014,8008,50017,6008,20000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,350
20,100
0
1,032
7,747
39,791
39,791
23,729
66,125
52,002
150
3,700,064
73
2,194,286
1,588,425
1,216,538
974,609
751,484
645,797
841,857
1,074,169
446,438
510,713
1,412,776
2,099,264
2,099,2641,412,776510,713446,4381,074,169841,857645,797751,484974,6091,216,5381,588,4252,194,286733,700,06415052,00266,12523,72939,79139,7917,7471,032020,1001,3500000000000000
       Net Receivables 
0
0
2,900
3,200
3,600
5,100
5,000
0
8,000
10,100
12,400
12,400
14,900
18,000
13,485
16,646
15,698
17,716
19,127
23,735
27,940
52,315
43,914
39,191
28,716
30,759
120,039
125,995
124,233
100,972
113,896
138,865
105,983
138,244
144,392
181,933
152,663
119,259
119,259152,663181,933144,392138,244105,983138,865113,896100,972124,233125,995120,03930,75928,71639,19143,91452,31527,94023,73519,12717,71615,69816,64613,48518,00014,90012,40012,40010,1008,00005,0005,1003,6003,2002,90000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,293,223
0
2,198,337
3,676,487
4,004,921
4,006,428
3,747,090
3,642,660
3,641,417
3,784,083
997,307
2,329,239
2,193,604
712,188
923,014
923,014712,1882,193,6042,329,239997,3073,784,0833,641,4173,642,6603,747,0904,006,4284,004,9213,676,4872,198,33701,293,22300000000000000000000000
   > Long-term Assets 
0
0
137,300
133,400
151,300
187,000
214,100
0
276,000
351,700
1,068,600
449,800
705,600
955,000
1,190,044
1,505,345
1,829,853
2,227,484
2,831,595
3,189,791
3,018,941
4,652,857
3,967,066
4,976,113
4,432,694
3,869,597
2,369,157
1,785,044
1,571,290
1,771,041
1,524,212
1,320,492
1,436,006
1,389,135
744,851
1,181,957
2,266,460
10,576,632
10,576,6322,266,4601,181,957744,8511,389,1351,436,0061,320,4921,524,2121,771,0411,571,2901,785,0442,369,1573,869,5974,432,6944,976,1133,967,0664,652,8573,018,9413,189,7912,831,5952,227,4841,829,8531,505,3451,190,044955,000705,600449,8001,068,600351,700276,0000214,100187,000151,300133,400137,30000
       Property Plant Equipment 
0
0
9,300
11,600
11,900
11,800
12,500
0
15,100
17,900
19,400
19,400
19,600
21,700
21,706
20,936
17,988
16,162
18,552
15,269
20,153
21,779
21,184
19,775
23,941
21,520
84,997
82,903
80,599
74,590
70,407
67,860
68,892
120,217
115,169
120,970
132,183
125,827
125,827132,183120,970115,169120,21768,89267,86070,40774,59080,59982,90384,99721,52023,94119,77521,18421,77920,15315,26918,55216,16217,98820,93621,70621,70019,60019,40019,40017,90015,100012,50011,80011,90011,6009,30000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,008
2,021
0
0
2,006
2,006
2,006
2,006
3,662
2,701
54,899
86,069
86,069
86,069
86,069
86,069
86,069
86,069
86,069
86,069
84,241
84,241
84,24184,24186,06986,06986,06986,06986,06986,06986,06986,06986,06954,8992,7013,6622,0062,0062,0062,006002,0212,0080000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,319,698
6,297,769
5,937,898
1,618,897
1,363,841
1,166,821
1,279,951
6,642,450
6,505,243
889,852
1,971,522
2,686,770
2,686,7701,971,522889,8526,505,2436,642,4501,279,9511,166,8211,363,8411,618,8975,937,8986,297,7692,319,69800000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,008
2,021
0
0
3,513
4,532
4,825
9,126
14,685
1,185
33,260
25,713
23,735
15,293
16,018
14,508
14,085
107,744
93,191
85,066
78,514
70,214
70,21478,51485,06693,191107,74414,08514,50816,01815,29323,73525,71333,2601,18514,6859,1264,8254,5323,513002,0212,0080000000000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,694,578
1,452,236
1,255,675
1,350,028
1,214,379
626,737
1,111,517
0
0
001,111,517626,7371,214,3791,350,0281,255,6751,452,2361,694,57800000000000000000000000000000
       Other Assets 
0
0
103,300
132,900
151,000
182,600
280,100
0
432,700
498,700
1,068,600
580,400
576,400
606,200
636,383
508,729
634,310
777,958
860,142
992,234
1,306,468
1,271,825
2,180,186
11,526,946
2,402,421
10,563,263
692
-18,369
9,020,399
8,870,190
8,026,036
7,509,545
8,019,358
5,843,147
6,336,128
6,001,467
5,465,415
0
05,465,4156,001,4676,336,1285,843,1478,019,3587,509,5458,026,0368,870,1909,020,399-18,36969210,563,2632,402,42111,526,9462,180,1861,271,8251,306,468992,234860,142777,958634,310508,729636,383606,200576,400580,4001,068,600498,700432,7000280,100182,600151,000132,900103,30000
> Total Liabilities 
0
0
232,400
265,800
292,100
365,100
491,300
0
674,700
797,500
979,200
979,200
1,204,400
1,463,300
1,732,365
1,925,450
2,322,712
2,837,788
3,431,028
3,909,485
4,037,264
5,640,394
5,944,219
6,220,667
6,580,446
5,998,111
8,330,454
7,254,733
6,506,912
6,202,072
5,581,413
5,243,946
5,583,475
155,127
134,917
95,069
8,776,374
10,328,610
10,328,6108,776,37495,069134,917155,1275,583,4755,243,9465,581,4136,202,0726,506,9127,254,7338,330,4545,998,1116,580,4466,220,6675,944,2195,640,3944,037,2643,909,4853,431,0282,837,7882,322,7121,925,4501,732,3651,463,3001,204,400979,200979,200797,500674,7000491,300365,100292,100265,800232,40000
   > Total Current Liabilities 
0
0
8,000
28,600
127,800
5,000
53,800
0
66,600
46,000
864,200
864,200
1,089,800
1,356,800
1,645,900
1,865,500
2,272,700
131,856
225,000
225,000
3,986,200
5,604,300
5,908,100
155,013
209,226
181,952
92,222
7,169,400
100,797
102,109
5,241,242
5,097,341
5,355,393
3,795,655
4,687,052
5,278,181
5,242,146
6,088,142
6,088,1425,242,1465,278,1814,687,0523,795,6555,355,3935,097,3415,241,242102,109100,7977,169,40092,222181,952209,226155,0135,908,1005,604,3003,986,200225,000225,000131,8562,272,7001,865,5001,645,9001,356,8001,089,800864,200864,20046,00066,600053,8005,000127,80028,6008,00000
       Short-term Debt 
0
0
8,000
28,600
127,800
5,000
53,800
0
66,600
46,000
89,800
89,800
74,800
68,400
70,000
105,000
208,200
130,000
225,000
225,000
0
0
0
105,834
184,387
181,837
92,222
100,797
100,797
102,109
819,119
356,392
587,362
182,778
38,793
37,707
35,939
8,298
8,29835,93937,70738,793182,778587,362356,392819,119102,109100,797100,79792,222181,837184,387105,834000225,000225,000130,000208,200105,00070,00068,40074,80089,80089,80046,00066,600053,8005,000127,80028,6008,00000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,431,227
97,000
797,791
172,613
50,000
50,274
0
0
0
0
000050,27450,000172,613797,79197,0001,431,2270000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
723,681
4,831
2,284
1,618
1,856
1,252,897
0
1,232,988
1,246,420
1,785,300
1,745,501
24,839
115
99,263
144,424
133,290
92,935
95,370
86,791
87,665
185,660
154,418
8,603,118
124,999
0
0124,9998,603,118154,418185,66087,66586,79195,37092,935133,290144,42499,26311524,8391,745,5011,785,3001,246,4201,232,98801,252,8971,8561,6182,2844,831723,6810000000000000
       Other Current Liabilities 
0
0
-8,000
-28,600
-127,800
-5,000
-53,800
0
-66,600
-46,000
774,400
774,400
1,015,000
1,288,400
1,571,069
1,758,216
2,062,882
0
0
0
0
0
0
49,179
0
0
5,689,559
5,383,265
4,924,406
4,716,859
4,664,487
5,097,341
5,355,393
3,612,877
4,648,259
5,240,474
5,206,207
6,079,844
6,079,8445,206,2075,240,4744,648,2593,612,8775,355,3935,097,3414,664,4874,716,8594,924,4065,383,2655,689,5590049,1790000002,062,8821,758,2161,571,0691,288,4001,015,000774,400774,400-46,000-66,6000-53,800-5,000-127,800-28,600-8,00000
   > Long-term Liabilities 
0
0
25,000
8,000
10,600
48,500
47,100
0
70,900
99,500
115,000
115,000
114,600
106,500
86,500
60,000
50,000
50,000
387,166
162,166
232,983
36,083
36,083
317,836
281,753
281,753
700,215
7,254,733
439,919
436,843
141,598
135,879
114,917
155,127
134,917
95,069
8,776,374
4,240,468
4,240,4688,776,37495,069134,917155,127114,917135,879141,598436,843439,9197,254,733700,215281,753281,753317,83636,08336,083232,983162,166387,16650,00050,00060,00086,500106,500114,600115,000115,00099,50070,900047,10048,50010,6008,00025,00000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
172,298
14,937
11,221
6,162
2,437
1,281
333
913
38,502
36,887
318
0
031836,88738,5029133331,2812,4376,16211,22114,937172,29800000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
35,691
47,014
98,793
212,925
123,648
65,356
0
21,802
137,122
24,080
445,009
68,638
83,016
125,523
159,361
144,511
2,100
2,040
1,260
875
2,668
728
798
867
0
08677987282,6688751,2602,0402,100144,511159,361125,52383,01668,638445,00924,080137,12221,802065,356123,648212,92598,79347,01435,6910000000000000
> Total Stockholder Equity
0
0
19,300
21,300
22,300
24,400
31,100
0
69,700
79,900
89,400
89,400
107,000
124,000
117,869
113,490
166,429
201,680
294,667
341,167
336,426
359,461
261,317
262,166
732,331
695,555
863,606
884,913
942,197
897,077
920,411
945,107
999,877
1,045,826
1,085,975
1,069,160
1,042,406
1,193,480
1,193,4801,042,4061,069,1601,085,9751,045,826999,877945,107920,411897,077942,197884,913863,606695,555732,331262,166261,317359,461336,426341,167294,667201,680166,429113,490117,869124,000107,00089,40089,40079,90069,700031,10024,40022,30021,30019,30000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
13,805
13,805
13,885
15,300
19,684
22,253
25,104
25,431
25,557
25,739
25,739
47,808
47,809
52,671
52,707
52,626
52,626
52,626
52,626
59,885
59,885
59,885
59,885
59,885
59,885
59,88559,88559,88559,88559,88559,88552,62652,62652,62652,62652,70752,67147,80947,80825,73925,73925,55725,43125,10422,25319,68415,30013,88513,80513,8050000000000000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
70,734
133,629
181,152
148,886
177,808
200,878
253,040
279,646
300,096
399,949
516,371
0
0516,371399,949300,096279,646253,040200,878177,808148,886181,152133,62970,73400000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
900
900
6,200
-11,700
-5,915
-6,066
22,827
20,790
-17,937
-4,490
-16,099
27,558
-79,171
-82,739
36,987
37,131
108,027
65,148
90,178
84,052
77,889
78,505
79,204
94,771
114,291
122,837
40,492
83,954
83,95440,492122,837114,29194,77179,20478,50577,88984,05290,17865,148108,02737,13136,987-82,739-79,17127,558-16,099-4,490-17,93720,79022,827-6,066-5,915-11,7006,2009009000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
537,453
538,071
539,311
540,512
540,948
541,600
619,381
621,515
622,652
637,061
636,793
0
0636,793637,061622,652621,515619,381541,600540,948540,512539,311538,071537,45300000000000000000000000000
   Treasury Stock0-211,135-150,572-102,949-102,339-103,633-104,502-104,860-105,379-97,070-80,642-81,275-74,808-16,732-17,142-17,109-17,023-12,9560-3,368-4,578-35,888-33,674-30,651-27,1160000000000000
   Other Stockholders Equity 
0
0
13,600
15,600
15,600
15,800
20,600
0
41,000
40,900
39,700
38,800
37,000
22,300
-3,330
-4,647
18,996
21,348
120,628
183,933
196,077
193,050
195,516
173,582
528,034
474,466
456,178
457,429
442,241
435,133
436,088
437,098
515,748
519,176
519,703
486,489
425,658
410,317
410,317425,658486,489519,703519,176515,748437,098436,088435,133442,241457,429456,178474,466528,034173,582195,516193,050196,077183,933120,62821,34818,996-4,647-3,33022,30037,00038,80039,70040,90041,000020,60015,80015,60015,60013,60000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue776,949
Cost of Revenue--312
Gross Profit777,261777,261
 
Operating Income (+$)
Gross Profit777,261
Operating Expense-135,740
Operating Income628,958641,521
 
Operating Expense (+$)
Research Development0
Selling General Administrative167,672
Selling And Marketing Expenses8,743
Operating Expense135,740176,415
 
Net Interest Income (+$)
Interest Income618,408
Interest Expense-8,739
Other Finance Cost-57,059
Net Interest Income552,610
 
Pretax Income (+$)
Operating Income628,958
Net Interest Income552,610
Other Non-Operating Income Expenses0
Income Before Tax (EBT)265,248363,710
EBIT - interestExpense = -8,739
265,248
190,611
Interest Expense8,739
Earnings Before Interest and Taxes (EBIT)0273,987
Earnings Before Interest and Taxes (EBITDA)27,286
 
After tax Income (+$)
Income Before Tax265,248
Tax Provision-83,312
Net Income From Continuing Ops181,642181,936
Net Income181,872
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses512,418
Total Other Income/Expenses Net265,248-552,610
 

Technical Analysis of OFG Bancorp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of OFG Bancorp. The general trend of OFG Bancorp is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine OFG Bancorp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of OFG Bancorp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 38.25 < 39.04.

The bearish price targets are: 34.52 > 34.19 > 33.85.

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OFG Bancorp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of OFG Bancorp. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

OFG Bancorp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of OFG Bancorp. The current macd is -0.12141985.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the OFG Bancorp price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for OFG Bancorp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the OFG Bancorp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
OFG Bancorp Daily Moving Average Convergence/Divergence (MACD) ChartOFG Bancorp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of OFG Bancorp. The current adx is 10.75.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell OFG Bancorp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
OFG Bancorp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of OFG Bancorp. The current sar is 36.77.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
OFG Bancorp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of OFG Bancorp. The current rsi is 54.14. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
OFG Bancorp Daily Relative Strength Index (RSI) ChartOFG Bancorp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of OFG Bancorp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the OFG Bancorp price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
OFG Bancorp Daily Stochastic Oscillator ChartOFG Bancorp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of OFG Bancorp. The current cci is -7.61759163.

OFG Bancorp Daily Commodity Channel Index (CCI) ChartOFG Bancorp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of OFG Bancorp. The current cmo is 15.98.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
OFG Bancorp Daily Chande Momentum Oscillator (CMO) ChartOFG Bancorp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of OFG Bancorp. The current willr is -44.41260745.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that OFG Bancorp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
OFG Bancorp Daily Williams %R ChartOFG Bancorp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of OFG Bancorp.

OFG Bancorp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of OFG Bancorp. The current atr is 0.94922377.

OFG Bancorp Daily Average True Range (ATR) ChartOFG Bancorp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of OFG Bancorp. The current obv is -4,578,175.

OFG Bancorp Daily On-Balance Volume (OBV) ChartOFG Bancorp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of OFG Bancorp. The current mfi is 57.73.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
OFG Bancorp Daily Money Flow Index (MFI) ChartOFG Bancorp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for OFG Bancorp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

OFG Bancorp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of OFG Bancorp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.140
Ma 20Greater thanMa 5036.152
Ma 50Greater thanMa 10036.227
Ma 100Greater thanMa 20035.575
OpenGreater thanClose35.650
Total3/5 (60.0%)
Penke

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