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Side-by-side financial comparison of OFG BANCORP (OFG) and Pangaea Logistics Solutions Ltd. (PANL). Click either name above to swap in a different company.
OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $183.9M, roughly 1.0× Pangaea Logistics Solutions Ltd.). OFG BANCORP runs the higher net margin — 30.3% vs 6.5%, a 23.9% gap on every dollar of revenue. On growth, Pangaea Logistics Solutions Ltd. posted the faster year-over-year revenue change (24.9% vs 0.9%). Over the past eight quarters, Pangaea Logistics Solutions Ltd.'s revenue compounded faster (32.5% CAGR vs 2.8%).
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....
Pangaea Logistics Solutions Ltd. is a global dry bulk logistics and shipping service provider. It operates a modern fleet of dry bulk vessels to transport a wide range of commodities including grains, minerals, construction materials, and energy-related raw materials, serving industrial, agricultural, and energy sector clients across North America, Europe, and Asia with tailored end-to-end bulk cargo supply chain solutions.
OFG vs PANL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $184.3M | $183.9M |
| Net Profit | $55.9M | $11.9M |
| Gross Margin | — | — |
| Operating Margin | 25.7% | 9.5% |
| Net Margin | 30.3% | 6.5% |
| Revenue YoY | 0.9% | 24.9% |
| Net Profit YoY | 11.0% | 40.9% |
| EPS (diluted) | $1.27 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $184.3M | $183.9M | ||
| Q3 25 | $186.2M | $168.7M | ||
| Q2 25 | $182.4M | $156.7M | ||
| Q1 25 | $178.6M | $122.8M | ||
| Q4 24 | $182.7M | $147.2M | ||
| Q3 24 | $174.7M | $153.1M | ||
| Q2 24 | $179.8M | $131.5M | ||
| Q1 24 | $174.4M | $104.7M |
| Q4 25 | $55.9M | $11.9M | ||
| Q3 25 | $51.8M | $12.2M | ||
| Q2 25 | $51.8M | $-2.7M | ||
| Q1 25 | $45.6M | $-2.0M | ||
| Q4 24 | $50.3M | $8.4M | ||
| Q3 24 | $47.0M | $5.1M | ||
| Q2 24 | $51.1M | $3.7M | ||
| Q1 24 | $49.7M | $11.7M |
| Q4 25 | 25.7% | 9.5% | ||
| Q3 25 | 33.0% | 10.0% | ||
| Q2 25 | 36.1% | 2.3% | ||
| Q1 25 | 33.3% | 2.4% | ||
| Q4 24 | 28.9% | 10.1% | ||
| Q3 24 | 35.4% | 9.8% | ||
| Q2 24 | 39.6% | 5.8% | ||
| Q1 24 | 38.9% | 10.5% |
| Q4 25 | 30.3% | 6.5% | ||
| Q3 25 | 27.8% | 7.2% | ||
| Q2 25 | 28.4% | -1.8% | ||
| Q1 25 | 25.5% | -1.6% | ||
| Q4 24 | 27.6% | 5.7% | ||
| Q3 24 | 26.9% | 3.3% | ||
| Q2 24 | 28.4% | 2.8% | ||
| Q1 24 | 28.5% | 11.1% |
| Q4 25 | $1.27 | $0.18 | ||
| Q3 25 | $1.16 | $0.19 | ||
| Q2 25 | $1.15 | $-0.04 | ||
| Q1 25 | $1.00 | $-0.03 | ||
| Q4 24 | $1.10 | $0.19 | ||
| Q3 24 | $1.00 | $0.11 | ||
| Q2 24 | $1.08 | $0.08 | ||
| Q1 24 | $1.05 | $0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $103.1M |
| Total DebtLower is stronger | — | $249.6M |
| Stockholders' EquityBook value | $1.4B | $429.3M |
| Total Assets | $12.5B | $928.1M |
| Debt / EquityLower = less leverage | — | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $103.1M | ||
| Q3 25 | $740.3M | $94.0M | ||
| Q2 25 | $851.8M | $59.3M | ||
| Q1 25 | $710.6M | $63.9M | ||
| Q4 24 | $591.1M | $86.8M | ||
| Q3 24 | $680.6M | $93.1M | ||
| Q2 24 | $740.4M | $77.9M | ||
| Q1 24 | $754.4M | $95.9M |
| Q4 25 | — | $249.6M | ||
| Q3 25 | — | $256.2M | ||
| Q2 25 | — | $244.7M | ||
| Q1 25 | — | $251.0M | ||
| Q4 24 | — | $257.2M | ||
| Q3 24 | — | $133.6M | ||
| Q2 24 | — | $90.5M | ||
| Q1 24 | — | $95.9M |
| Q4 25 | $1.4B | $429.3M | ||
| Q3 25 | $1.4B | $420.3M | ||
| Q2 25 | $1.3B | $414.4M | ||
| Q1 25 | $1.3B | $420.8M | ||
| Q4 24 | $1.3B | $427.8M | ||
| Q3 24 | $1.3B | $332.6M | ||
| Q2 24 | $1.2B | $331.5M | ||
| Q1 24 | $1.2B | $332.0M |
| Q4 25 | $12.5B | $928.1M | ||
| Q3 25 | $12.2B | $932.1M | ||
| Q2 25 | $12.2B | $916.0M | ||
| Q1 25 | $11.7B | $918.0M | ||
| Q4 24 | $11.5B | $936.5M | ||
| Q3 24 | $11.5B | $749.2M | ||
| Q2 24 | $11.3B | $692.9M | ||
| Q1 24 | $11.2B | $703.3M |
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | — | 0.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $217.7M | $15.1M |
| Free Cash FlowOCF − Capex | $199.3M | — |
| FCF MarginFCF / Revenue | 108.1% | — |
| Capex IntensityCapex / Revenue | 10.0% | — |
| Cash ConversionOCF / Net Profit | 3.90× | 1.27× |
| TTM Free Cash FlowTrailing 4 quarters | $345.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $217.7M | $15.1M | ||
| Q3 25 | $39.5M | $28.6M | ||
| Q2 25 | $35.9M | $14.4M | ||
| Q1 25 | $83.1M | $-4.4M | ||
| Q4 24 | $252.5M | $19.3M | ||
| Q3 24 | $58.1M | $28.5M | ||
| Q2 24 | $95.1M | $9.0M | ||
| Q1 24 | $61.0M | $9.0M |
| Q4 25 | $199.3M | — | ||
| Q3 25 | $35.5M | — | ||
| Q2 25 | $31.8M | — | ||
| Q1 25 | $78.7M | — | ||
| Q4 24 | $231.2M | — | ||
| Q3 24 | $51.8M | — | ||
| Q2 24 | $90.4M | — | ||
| Q1 24 | $54.8M | — |
| Q4 25 | 108.1% | — | ||
| Q3 25 | 19.1% | — | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 126.5% | — | ||
| Q3 24 | 29.6% | — | ||
| Q2 24 | 50.3% | — | ||
| Q1 24 | 31.4% | — |
| Q4 25 | 10.0% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 3.5% | — |
| Q4 25 | 3.90× | 1.27× | ||
| Q3 25 | 0.76× | 2.34× | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 5.02× | 2.29× | ||
| Q3 24 | 1.24× | 5.57× | ||
| Q2 24 | 1.86× | 2.43× | ||
| Q1 24 | 1.23× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OFG
Segment breakdown not available.
PANL
| Voyage | $166.3M | 90% |
| Charter | $13.1M | 7% |
| Terminal Stevedore Revenue | $4.4M | 2% |
