OFG Bancorp price target lowered to $44 from $48 at Truist

Truist lowered the firm’s price target on OFG Bancorp (OFG) to $44 from $48 and keeps a Buy rating on the shares after its Q4 results. The company has reset expectations with lower net interest margin and modestly slower loan growth, and while these were partially offset by lower non-interest expenses, the net result should drive estimates lower in 2026, the analyst tells investors in a research note. Truist is also cutting its FY26 EPS view to $4.20 from $4.56.