Published on 20 Jun 2024 on Simply Wall St. · via Yahoo Finance
OFG Bancorp (NYSE:OFG) shareholders have earned a 15% CAGR over the last five...
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the OFG Bancorp (NYSE:OFG) share price is up 76% in the last five years, that's less than the market return. However, more recent buyers should be happy with the increase of 39% over the last year.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.