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OFG Bancorp (OFG) Competitors

OFG Bancorp logo
$43.46 +0.03 (+0.07%)
(As of 11/20/2024 ET)

OFG vs. SNV, PB, BOKF, BPOP, ONB, GBCI, COLB, HOMB, UMBF, and FNB

Should you be buying OFG Bancorp stock or one of its competitors? The main competitors of OFG Bancorp include Synovus Financial (SNV), Prosperity Bancshares (PB), BOK Financial (BOKF), Popular (BPOP), Old National Bancorp (ONB), Glacier Bancorp (GBCI), Columbia Banking System (COLB), Home Bancshares, Inc. (Conway, AR) (HOMB), UMB Financial (UMBF), and F.N.B. (FNB). These companies are all part of the "regional banks" industry.

OFG Bancorp vs.

OFG Bancorp (NYSE:OFG) and Synovus Financial (NYSE:SNV) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, profitability, institutional ownership, dividends, risk, earnings, analyst recommendations, valuation and community ranking.

92.7% of OFG Bancorp shares are owned by institutional investors. Comparatively, 83.9% of Synovus Financial shares are owned by institutional investors. 2.2% of OFG Bancorp shares are owned by company insiders. Comparatively, 0.8% of Synovus Financial shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, Synovus Financial had 7 more articles in the media than OFG Bancorp. MarketBeat recorded 9 mentions for Synovus Financial and 2 mentions for OFG Bancorp. Synovus Financial's average media sentiment score of 1.40 beat OFG Bancorp's score of 0.39 indicating that Synovus Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
OFG Bancorp
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Synovus Financial
7 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Synovus Financial received 165 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.46% of users gave OFG Bancorp an outperform vote while only 56.95% of users gave Synovus Financial an outperform vote.

CompanyUnderperformOutperform
OFG BancorpOutperform Votes
290
65.46%
Underperform Votes
153
34.54%
Synovus FinancialOutperform Votes
455
56.95%
Underperform Votes
344
43.05%

OFG Bancorp currently has a consensus target price of $48.67, indicating a potential upside of 11.97%. Synovus Financial has a consensus target price of $52.71, indicating a potential downside of 4.20%. Given OFG Bancorp's stronger consensus rating and higher probable upside, equities research analysts plainly believe OFG Bancorp is more favorable than Synovus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OFG Bancorp
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Synovus Financial
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65

OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.3%. Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 2.8%. OFG Bancorp pays out 24.3% of its earnings in the form of a dividend. Synovus Financial pays out 68.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

OFG Bancorp has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, Synovus Financial has a beta of 1.37, meaning that its share price is 37% more volatile than the S&P 500.

Synovus Financial has higher revenue and earnings than OFG Bancorp. OFG Bancorp is trading at a lower price-to-earnings ratio than Synovus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OFG Bancorp$662.15M3.01$181.87M$4.1110.58
Synovus Financial$3.45B2.26$543.71M$2.2124.89

OFG Bancorp has a net margin of 22.68% compared to Synovus Financial's net margin of 10.82%. OFG Bancorp's return on equity of 15.69% beat Synovus Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
OFG Bancorp22.68% 15.69% 1.72%
Synovus Financial 10.82%13.43%1.04%

Summary

OFG Bancorp beats Synovus Financial on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OFG vs. The Competition

MetricOFG BancorpState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$1.99B$3.16B$10.57B$19.87B
Dividend Yield2.28%3.50%10.17%3.53%
P/E Ratio10.5817.3649.3442.94
Price / Sales3.012.843,455.5418.99
Price / Cash10.0011.1530.5017.86
Price / Book1.711.322.765.52
Net Income$181.87M$405.80M$995.76M$986.45M
7 Day Performance-1.38%-0.79%-0.05%0.45%
1 Month Performance9.51%8.53%7.27%1.05%
1 Year Performance30.68%35.96%24.63%24.67%

OFG Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OFG
OFG Bancorp
3.2156 of 5 stars
$43.47
+0.1%
$48.67
+12.0%
+29.4%$1.99B$770.73M10.582,248
SNV
Synovus Financial
4.5521 of 5 stars
$55.02
-0.3%
$52.71
-4.2%
+79.5%$7.82B$3.45B24.894,879News Coverage
Positive News
PB
Prosperity Bancshares
4.7312 of 5 stars
$81.71
-0.1%
$78.96
-3.4%
+36.8%$7.80B$1.60B17.353,850Analyst Downgrade
Analyst Revision
BOKF
BOK Financial
4.7487 of 5 stars
$114.31
-0.8%
$112.20
-1.8%
+57.6%$7.39B$1.94B15.724,877Positive News
BPOP
Popular
4.8543 of 5 stars
$96.62
+1.7%
$104.88
+8.5%
+33.5%$6.89B$3.90B13.139,237Dividend Increase
ONB
Old National Bancorp
3.8011 of 5 stars
$20.93
-0.2%
$20.43
-2.4%
+39.0%$6.69B$2.54B12.683,940Positive News
GBCI
Glacier Bancorp
2.8683 of 5 stars
$55.84
flat
$46.20
-17.3%
+65.6%$6.33B$1.14B34.473,358News Coverage
Positive News
COLB
Columbia Banking System
3.6191 of 5 stars
$29.98
-0.6%
$27.12
-9.6%
+33.0%$6.28B$1.96B12.985,114Dividend Announcement
Positive News
HOMB
Home Bancshares, Inc. (Conway, AR)
3.0839 of 5 stars
$30.48
-0.8%
$28.25
-7.3%
+36.5%$6.11B$1.34B15.712,819Insider Trade
Positive News
UMBF
UMB Financial
4.214 of 5 stars
$120.19
-0.8%
$115.00
-4.3%
+66.1%$5.91B$2.38B15.023,599Positive News
FNB
F.N.B.
2.6418 of 5 stars
$16.41
+0.1%
$16.33
-0.5%
+38.0%$5.90B$2.23B15.064,228

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This page (NYSE:OFG) was last updated on 11/21/2024 by MarketBeat.com Staff
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