OFG Bancorp

OFG Bancorpverified

OFG

Price:

$44.055

Market Cap:

$2.05B

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, as well as time deposit products; commercial, consumer, auto, and mortgage lending services; financial planning and insurance services; and corporate and individual trust, and retirement services. It also 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 a...[Read more]

Industry

Banks - Regional

IPO Date

1987-03-26

Stock Exchange

NYSE

Ticker

OFG

The Current Ratio as of September 2024 (TTM) for OFG Bancorp (OFG) is 0.15

According to OFG Bancorp’s latest financial reports and current stock price. The company's current Current Ratio is 0.15. This represents a change of 2.00% compared to the average of 0.15 of the last 4 quarters.

OFG Bancorp (OFG) Historical Current Ratio (quarterly & annually)

How has OFG Current Ratio performed in the past?

The mean historical Current Ratio of OFG Bancorp over the last ten years is 11.03. The current 0.15 Current Ratio has changed 36.64% with respect to the historical average. Over the past ten years (40 quarters), OFG's Current Ratio was at its highest in in the September 2019 quarter at 97.47. The Current Ratio was at its lowest in in the September 2023 quarter at 0.14.

Quarterly (TTM)
Annual

Average

11.03

Median

1.34

Minimum

0.15

Maximum

58.24

OFG Bancorp (OFG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OFG Bancorp Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 33.80%

Maximum Annual Current Ratio = 58.24

Minimum Annual Increase = -96.37%

Minimum Annual Current Ratio = 0.15

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.15-61.92%
20220.40-22.64%
20210.51-12.13%
20200.597.64%
20190.54-73.99%
20182.09-3.69%
20172.172.85%
20162.11-96.37%
201558.2433.80%
201443.53-12.16%

OFG Bancorp (OFG) Average Current Ratio

How has OFG Current Ratio performed in the past?

The current Current Ratio of OFG Bancorp (OFG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.35

5-year avg

0.44

10-year avg

11.03

OFG Bancorp (OFG) Current Ratio vs. Peers

How is OFG’s Current Ratio compared to its peers?

OFG Bancorp’s Current Ratio is less than Popular, Inc. (0.17), less than The First Bancshares, Inc. (82.89), greater than First Commonwealth Financial Corporation (0.05), greater than First Bancorp (0.07), less than Home Federal Bancorp, Inc. of Louisiana (0.28), less than LINKBANCORP, Inc. (0.25), greater than Rhinebeck Bancorp, Inc. (0.04), less than Lake Shore Bancorp, Inc. (0.21), less than Orrstown Financial Services, Inc. (0.33), greater than Finward Bancorp (0.09), greater than Community West Bancshares (0.05), greater than First Financial Northwest, Inc. (0.05), greater than Northfield Bancorp, Inc. (Staten Island, NY) (0.10), greater than Home Bancorp, Inc. (0.11), greater than First Business Financial Services, Inc. (0), less than Oconee Federal Financial Corp. (0.22), less than Old Point Financial Corporation (0.23), less than Cullman Bancorp, Inc. (76.62), less than Parke Bancorp, Inc. (0.22), greater than First Community Corporation (0.09), greater than First Northwest Bancorp (0.06),

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