OFG Net Income from 2010 to 2024

OFG Stock  USD 33.44  0.07  0.21%   
OFG Bancorp's Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 191 M this year. During the period from 2010 to 2024 OFG Bancorp Net Income regressed destribution of quarterly values had mean deviationof  49,173,989 and mean square error of 1366.9 T. View All Fundamentals
 
Net Income  
First Reported
1992-03-31
Previous Quarter
44.9 M
Current Value
46.6 M
Quarterly Volatility
16.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OFG Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OFG main balance sheet or income statement drivers, such as Interest Expense of 8.3 M, Other Operating Expenses of 538 M or Operating Income of 660.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.17, Dividend Yield of 0.0271 or PTB Ratio of 1.72. OFG financial statements analysis is a perfect complement when working with OFG Bancorp Valuation or Volatility modules.
  
This module can also supplement OFG Bancorp's financial leverage analysis and stock options assessment as well as various OFG Bancorp Technical models . Check out the analysis of OFG Bancorp Correlation against competitors.
For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.

Latest OFG Bancorp's Net Income Growth Pattern

Below is the plot of the Net Income of OFG Bancorp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in OFG Bancorp financial statement analysis. It represents the amount of money remaining after all of OFG Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is OFG Bancorp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OFG Bancorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 181.87 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

OFG Net Income Regression Statistics

Arithmetic Mean83,494,240
Coefficient Of Variation74.78
Mean Deviation49,173,989
Median74,327,000
Standard Deviation62,438,995
Sample Variance3898.6T
Range193.5M
R-Value0.82
Mean Square Error1366.9T
R-Squared0.67
Significance0.0002
Slope11,465,997
Total Sum of Squares54580.8T

OFG Net Income History

2024191 M
2023181.9 M
2022166.2 M
2021146.2 M
202074.3 M
201954.2 M
201884.4 M

Other Fundumenentals of OFG Bancorp

OFG Bancorp Net Income component correlations

About OFG Bancorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include OFG Bancorp income statement, its balance sheet, and the statement of cash flows. OFG Bancorp investors use historical funamental indicators, such as OFG Bancorp's Net Income, to determine how well the company is positioned to perform in the future. Although OFG Bancorp investors may use each financial statement separately, they are all related. The changes in OFG Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on OFG Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on OFG Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in OFG Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income181.9 M191 M
Net Income Applicable To Common Shares191.2 M200.7 M
Net Income From Continuing Ops181.6 M93.9 M
Net Income Per Share 3.82  4.02 
Net Income Per E B T 0.69  0.96 

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When determining whether OFG Bancorp is a strong investment it is important to analyze OFG Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OFG Bancorp's future performance. For an informed investment choice regarding OFG Stock, refer to the following important reports:
Check out the analysis of OFG Bancorp Correlation against competitors.
For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.
Note that the OFG Bancorp information on this page should be used as a complementary analysis to other OFG Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for OFG Stock analysis

When running OFG Bancorp's price analysis, check to measure OFG Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFG Bancorp is operating at the current time. Most of OFG Bancorp's value examination focuses on studying past and present price action to predict the probability of OFG Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFG Bancorp's price. Additionally, you may evaluate how the addition of OFG Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is OFG Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OFG Bancorp. If investors know OFG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OFG Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.019
Dividend Share
0.88
Earnings Share
3.83
Revenue Per Share
13.302
Quarterly Revenue Growth
0.017
The market value of OFG Bancorp is measured differently than its book value, which is the value of OFG that is recorded on the company's balance sheet. Investors also form their own opinion of OFG Bancorp's value that differs from its market value or its book value, called intrinsic value, which is OFG Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OFG Bancorp's market value can be influenced by many factors that don't directly affect OFG Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OFG Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFG Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFG Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.