Free Trial

OFG Bancorp (OFG) Competitors

OFG Bancorp logo
$44.24 +0.95 (+2.18%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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

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), SouthState (SSB), BOK Financial (BOKF), Old National Bancorp (ONB), Popular (BPOP), Columbia Banking System (COLB), UMB Financial (UMBF), Home Bancshares, Inc. (Conway, AR) (HOMB), and Glacier Bancorp (GBCI). These companies are all part of the "regional banks" industry.

OFG Bancorp vs.

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

Synovus Financial currently has a consensus price target of $58.44, suggesting a potential upside of 7.05%. OFG Bancorp has a consensus price target of $49.00, suggesting a potential upside of 10.75%. Given OFG Bancorp's stronger consensus rating and higher probable upside, analysts plainly believe OFG Bancorp is more favorable than Synovus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Synovus Financial
0 Sell rating(s)
6 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.67
OFG Bancorp
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Synovus Financial had 31 more articles in the media than OFG Bancorp. MarketBeat recorded 32 mentions for Synovus Financial and 1 mentions for OFG Bancorp. Synovus Financial's average media sentiment score of 0.65 beat OFG Bancorp's score of 0.00 indicating that Synovus Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Synovus Financial
10 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
OFG Bancorp
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

Synovus Financial received 169 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.70% of users gave OFG Bancorp an outperform vote while only 57.11% of users gave Synovus Financial an outperform vote.

CompanyUnderperformOutperform
Synovus FinancialOutperform Votes
462
57.11%
Underperform Votes
347
42.89%
OFG BancorpOutperform Votes
293
65.70%
Underperform Votes
153
34.30%

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
Synovus Financial$3.45B2.24$543.71M$2.2124.70
OFG Bancorp$770.73M2.63$181.87M$4.1110.77

Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 2.8%. OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.3%. Synovus Financial pays out 68.8% of its earnings in the form of a dividend. OFG Bancorp pays out 24.3% 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.

Synovus Financial has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500. Comparatively, OFG Bancorp has a beta of 1.02, suggesting that its share price is 2% more volatile than the S&P 500.

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
Synovus Financial10.82% 13.43% 1.04%
OFG Bancorp 22.68%15.69%1.72%

Summary

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

Get OFG Bancorp News Delivered to You Automatically

Sign up to receive the latest news and ratings for OFG and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

OFG vs. The Competition

MetricOFG BancorpState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$2.03B$3.20B$11.78B$19.94B
Dividend Yield2.47%3.75%6.02%3.71%
P/E Ratio10.7716.5225.2441.41
Price / Sales2.632.5528.3616.25
Price / Cash9.249.8717.2619.84
Price / Book1.741.272.655.76
Net Income$181.87M$410.53M$1.04B$993.25M
7 Day Performance7.91%4.70%2.92%3.12%
1 Month Performance5.82%-0.09%0.91%4.75%
1 Year Performance25.09%17.07%14.70%18.83%

OFG Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OFG
OFG Bancorp
3.1687 of 5 stars
$44.25
+2.2%
$49.00
+10.7%
+25.1%$2.03B$770.73M10.772,248Upcoming Earnings
SNV
Synovus Financial
4.5814 of 5 stars
$51.39
+0.8%
$57.86
+12.6%
+45.1%$7.28B$1.89B23.254,879Earnings Report
Analyst Forecast
PB
Prosperity Bancshares
4.9715 of 5 stars
$74.80
+1.9%
$81.38
+8.8%
+19.2%$7.13B$1.11B15.883,850
SSB
SouthState
4.4618 of 5 stars
$92.59
-0.2%
$112.56
+21.6%
+22.3%$7.06B$1.65B14.295,070Upcoming Earnings
News Coverage
BOKF
BOK Financial
4.7232 of 5 stars
$106.20
+1.6%
$114.40
+7.7%
+36.8%$6.81B$1.94B14.614,877
ONB
Old National Bancorp
4.2693 of 5 stars
$20.96
+1.6%
$24.38
+16.3%
+37.6%$6.69B$1.86B12.703,940Upcoming Earnings
News Coverage
BPOP
Popular
4.9569 of 5 stars
$93.52
+1.0%
$108.25
+15.8%
+22.5%$6.67B$2.75B12.719,237Short Interest ↑
Positive News
COLB
Columbia Banking System
3.3674 of 5 stars
$26.35
+0.4%
$29.31
+11.2%
+14.9%$5.52B$1.96B11.415,114
UMBF
UMB Financial
4.2068 of 5 stars
$112.12
+2.1%
$124.00
+10.6%
+48.2%$5.47B$1.41B14.023,599
HOMB
Home Bancshares, Inc. (Conway, AR)
2.6165 of 5 stars
$27.46
+0.8%
$30.50
+11.1%
+23.7%$5.46B$987.40M14.152,770Earnings Report
Analyst Forecast
Short Interest ↑
News Coverage
GBCI
Glacier Bancorp
1.9695 of 5 stars
$47.73
+0.1%
$48.83
+2.3%
+24.6%$5.41B$784.58M29.463,358Analyst Revision

Related Companies and Tools


This page (NYSE:OFG) was last updated on 1/20/2025 by MarketBeat.com Staff
From Our Partners