OFG Bancorp (OFG)
OFG Bancorp is a prominent financial holding company based in San Juan, Puerto Rico, specializing in a diverse array of banking and financial services tailored to meet the needs of its customers. The institution operates through its subsidiaries, providing services such as retail banking, commercial banking, and wealth management, primarily focusing on the Puerto Rican market. With a commitment to innovation and customer service, OFG Bancorp aims to enhance financial accessibility and promote economic growth in the region. The company's strategic initiatives and strong capital base position it as a key player in the financial services industry.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 0.70% per annum.
- OFG price at the close of November 21, 2025 was $39.79 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.50% per annum.
- OFG price at the close of November 21, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of OFG price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 16, 2024
End date: November 21, 2025
a = 3.7569
b = 0.0000
s = 0.0538
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= -0.70%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0538) – 1
= 24.03%
July 16, 2024 calculations
Top border of price channel:
Exp(Y913)
= Exp(a + b × X913 + 2 × s)
= Exp(a + b × 1,330 + 2 × s)
= Exp(3.7569 + 0.0000 × 1,330 + 2 × 0.0538)
= Exp(3.8391)
= $46.48
Bottom border of price channel:
Exp(Y913)
= Exp(a + b × X913 – 2 × s)
= Exp(a + b × 1,330 – 2 × s)
= Exp(3.7569 + 0.0000 × 1,330 – 2 × 0.0538)
= Exp(3.6237)
= $37.48
November 21, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.7569 + 0.0000 × 1,823 + 2 × 0.0538)
= Exp(3.8297)
= $46.05
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.7569 + 0.0000 × 1,823 – 2 × 0.0538)
= Exp(3.6143)
= $37.13
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 0.70% per annum.
- OFG price at the close of November 21, 2025 was $39.79 and was inside the primary price channel.
Secondary Trend
Start date: August 22, 2025
End date: November 21, 2025
a = 6.6086
b = -0.0016
s = 0.0233
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -44.50%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0233) – 1
= 9.78%
August 22, 2025 calculations
Top border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 + 2 × s)
= Exp(a + b × 1,732 + 2 × s)
= Exp(6.6086 + -0.0016 × 1,732 + 2 × 0.0233)
= Exp(3.8614)
= $47.53
Bottom border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 – 2 × s)
= Exp(a + b × 1,732 – 2 × s)
= Exp(6.6086 + -0.0016 × 1,732 – 2 × 0.0233)
= Exp(3.7680)
= $43.30
November 21, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(6.6086 + -0.0016 × 1,823 + 2 × 0.0233)
= Exp(3.7146)
= $41.04
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(6.6086 + -0.0016 × 1,823 – 2 × 0.0233)
= Exp(3.6212)
= $37.38
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 44.50% per annum.
- OFG price at the close of November 21, 2025 was inside the secondary price channel.