Analysts’ Recent Ratings Updates for OFG Bancorp (OFG)

OFG Bancorp (NYSE: OFG) has recently received a number of price target changes and ratings updates:

• 1/26/2026 – OFG Bancorp had its price target lowered by analysts at Truist Financial Corporation from $48.00 to $44.00. They now have a “buy” rating on the stock.
• 1/23/2026 – OFG Bancorp had its “market perform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $43.00 price target on the stock, down previously from $50.00.
• 1/15/2026 – OFG Bancorp is now covered by analysts at Piper Sandler. They set a “neutral” rating and a $45.00 price target on the stock.
• 1/14/2026 – OFG Bancorp was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating.
• 12/29/2025 – OFG Bancorp had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
• 12/16/2025 – OFG Bancorp was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating.
• 12/15/2025 – OFG Bancorp had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 12/1/2025 – OFG Bancorp had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.

OFG Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Wednesday, December 31st. OFG Bancorp’s payout ratio is presently 26.20%.

Insider Activity

In related news, CEO Jose Rafael Fernandez sold 25,232 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $40.95, for a total value of $1,033,250.40. Following the completion of the transaction, the chief executive officer directly owned 184,675 shares in the company, valued at approximately $7,562,441.25. This represents a 12.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jesus Nestor De sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $42.31, for a total transaction of $84,620.00. Following the completion of the transaction, the director owned 22,690 shares of the company’s stock, valued at $960,013.90. This trade represents a 8.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 62,500 shares of company stock valued at $2,564,302. 2.16% of the stock is owned by corporate insiders.

OFG Bancorp, through its principal subsidiary Oriental Bank, is a financial holding company headquartered in San Juan, Puerto Rico. The company provides a wide range of banking services, including commercial and consumer deposit accounts, small business loans, corporate lending, treasury management, and cash management solutions. Its consumer offerings encompass personal checking and savings accounts, credit cards, and electronic banking platforms designed to serve retail customers across its markets.

In addition to traditional banking products, OFG Bancorp offers mortgage origination and servicing, as well as wealth management and trust services for high‐net‐worth individuals and institutional clients.