OFG Bancorp Stock

OFG Bancorp P/S 2024

OFG Bancorp P/S

2.63

Ticker

OFG

ISIN

PR67103X1020

WKN

A1T9X8

As of Oct 21, 2024, OFG Bancorp's P/S ratio stood at 2.63, a 73.03% change from the 1.52 P/S ratio recorded in the previous year.

The OFG Bancorp P/S history

OFG Bancorp Aktienanalyse

What does OFG Bancorp do?

OFG Bancorp is a financial services company based in San Juan, Puerto Rico. The company has a long history dating back to 1964 when it was founded as Oriental Financial Group. Over the years, OFG Bancorp has conducted a number of mergers and acquisitions and is now the holding company for a range of subsidiary companies that focus on various areas of the financial services business. The company is divided into five main areas: retail banking, commercial banking, wealth management, treasury management, and mortgage banking. Each area offers a range of products and services to respond to customer needs. Retail banking: OFG's retail banking focuses on personal accounts, loans, and credit cards. The company operates over 50 branches and ATMs in Puerto Rico and also has a presence in Florida. Products offered include credit and debit cards, mortgages, auto loans, personal loans, and savings accounts. Commercial banking: OFG Bancorp also provides banking services to small and medium-sized businesses. This includes deposit accounts, loans, leasing financing, and treasury management services. OFG's commercial banking is divided into several areas, including real estate, consumer products, healthcare, and government. Wealth management: OFG's wealth management offers a range of financial services to affluent private and business clients. This includes investment advice, portfolio management, retirement and estate planning, and tax planning. These services are provided by a team of experienced financial advisors and investment experts who work closely with clients to ensure their needs are met. Treasury management: OFG's treasury management focuses on companies and institutions that require complex financial management and payment solutions. This includes cash management solutions, payment processing, electronic invoicing, and trade financing. OFG also offers customized solutions tailored to their specific requirements. Mortgage banking: OFG's mortgage banking specializes in mortgage financing in the United States and operates a large network of lenders and brokers. The company offers a wide range of mortgage products including fixed and variable interest rates, FHA and VA loans, and jumbo mortgages. OFG Mortgage also focuses on US overseas territories. Overall, OFG Bancorp is a diverse financial services company that caters to a wide range of customers and needs. The company is committed to continuously evolving and adapting its products and services to meet the changing needs of its customers. OFG Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding OFG Bancorp's P/S Ratio

OFG Bancorp's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing OFG Bancorp's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating OFG Bancorp's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in OFG Bancorp’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about OFG Bancorp stock

What is the price-to-earnings ratio of OFG Bancorp?

The price-earnings ratio of OFG Bancorp is currently 2.63.

How has the price-earnings ratio of OFG Bancorp changed compared to last year?

The price-to-earnings ratio of OFG Bancorp has increased by 73.03% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of OFG Bancorp high compared to other companies?

Yes, the price-to-earnings ratio of OFG Bancorp is high compared to other companies.

How does an increase in the price-earnings ratio of OFG Bancorp affect the company?

An increase in the price-earnings ratio of OFG Bancorp would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of OFG Bancorp affect the company?

A decrease in the price-earnings ratio of OFG Bancorp would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of OFG Bancorp?

Some factors that influence the price-earnings ratio of OFG Bancorp are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does OFG Bancorp pay?

Over the past 12 months, OFG Bancorp paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, OFG Bancorp is expected to pay a dividend of 0.99 USD.

What is the dividend yield of OFG Bancorp?

The current dividend yield of OFG Bancorp is .

When does OFG Bancorp pay dividends?

OFG Bancorp pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of OFG Bancorp?

OFG Bancorp paid dividends every year for the past 22 years.

What is the dividend of OFG Bancorp?

For the upcoming 12 months, dividends amounting to 0.99 USD are expected. This corresponds to a dividend yield of 2.44 %.

In which sector is OFG Bancorp located?

OFG Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von OFG Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of OFG Bancorp from 10/15/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did OFG Bancorp pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of OFG Bancorp in the year 2023?

In the year 2023, OFG Bancorp distributed 0.7 USD as dividends.

In which currency does OFG Bancorp pay out the dividend?

The dividends of OFG Bancorp are distributed in USD.

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Andere Kennzahlen von OFG Bancorp

Our stock analysis for OFG Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OFG Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.