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Stock impact report

Wells Fargo Reduces PT on OFG Bancorp (OFG) to $43 From $48 [Yahoo! Finance]

OFG Bancorp (OFG) 
Last ofg bancorp earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Braziler slashed the price target on OFG Bancorp (NYSE:OFG) to $43 from $48 while keeping an Equal Weight rating on the shares. Is OFG Bancorp. (OFG) The Best Small Cap Bank Stock To Invest In Now? The firm told investors that it expects a tough stretch ahead, with increased deposit competition and rate cuts potentially weighing on net interest income through most of the first half of 2026. The rating update came after OFG Bancorp (NYSE:OFG) announced its fiscal Q3 results on October 22, reporting EPS diluted of $1.16, compared to $1.15 in fiscal Q2 2025 and $1.00 in fiscal Q3 2024. Total core revenue for fiscal Q3 2025 came up to $184.0 million, compared to $174.1 million in the prior year period. Chief Executive Officer of OFG Bancorp (NYSE:OFG), José Rafael Fernández, stated that the Q3 EPS rose 16% year-over-year on a 5.6% growth in total core revenues. Performance and credit metrics for the quarter remained strong, and the company repurchased $20.4 million of common share Show less Read more
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