OFG Bancorp
OFG Bancorp (NYSE: OFG) is trading at $51.94, about ₹4,987 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.39% today. Indian residents can buy OFG Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$51.92
Today's high
$52.46
52 week low
$35.71
52 week high
$54.47
OFG opened at $51.92, closed previously at $51.74, and has traded between $35.71 and $54.47 over the past 52 weeks.
About
OFG Bancorp, a financial holding company, delivers a broad spectrum of banking and financial solutions, structured across three core divisions: Banking, Wealth Management, and Treasury. The company's services include essential deposit products like checking, savings, and time accounts, alongside diverse credit options such as commercial, consumer, automobile, and mortgage loans. Beyond traditional lending and deposits, OFG Bancorp also provides financial planning, insurance, and trust services for both corporate and individual clients, as well as retirement plan administration. The firm extends its offerings to securities brokerage and investment advisory, assisting retail and institutional investors with various investment vehicles, including tax-advantaged fixed income instruments, mutual funds, stocks, and bonds. This segment also manages separately-managed accounts and offers mutual fund asset allocation programs. Furthermore, OFG Bancorp is engaged in insurance agency and reinsurance activities, and its Treasury segment actively manages an investment portfolio composed of mortgage-backed securities, U.S. government-sponsored agency obligations, U.S. Treasury securities, and money market instruments. It also participates in and manages public and private placements of debt and equity. Additional services encompass money management and investment banking. The company also oversees asset/liability management strategies, which involve the purchase and sale of investment securities, interest rate risk management, derivatives, and various borrowing activities. Founded in 1964 and headquartered in San Juan, Puerto Rico, OFG Bancorp serves its customers through a network of 50 branches in Puerto Rico and two branches in the U.S. Virgin Islands.
Key statistics
Avg. volume
318.46K
Market cap
$2.20B
P/E Ratio
10.35
Price-to-sales ratio
2.43
Enterprise value
$2.03B
Free cash flow yield
9.23%
Debt-to-equity ratio
0.41
Return on equity
15.92%
ROIC
11.44%
Beta
0.70
Dividend yield
2.50%
Last dividend
$1.30
Financial overview
Revenue
$862.62M
Earnings per share
$4.53
Free cash flow
$199.34M
Net profit margin
24.43%
Gross margin
74.09%
EBITDA
$285.15M
Revenue growth
4.84%
Similar securities
This is not an investment recommendation
How to buy OFG Bancorp from India
Indian residents can buy OFG Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for OFG Bancorp and place an order
Find OFG Bancorp by name or by its ticker, OFG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. OFG Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your OFG Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in OFG Bancorp from India
Trading and taxes when buying OFG Bancorp from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. OFG Bancorp’s current yield is 2.50%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy OFG Bancorp stock?
Yes. OFG Bancorp (OFG) has been listed on the New York Stock Exchange since 1987, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one OFG Bancorp share cost in rupees?
One OFG Bancorp share is $51.94 — about ₹4,987 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the OFG Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying OFG Bancorp from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of OFG Bancorp?
Yes. One OFG Bancorp share is $51.94, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in OFG Bancorp.
How are gains on OFG Bancorp shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the OFG Bancorp price. Paasa issues a capital-gains statement for your return.
Does OFG Bancorp pay a dividend, and how is it taxed in India?
Yes. OFG Bancorp pays a dividend and the current yield is 2.50%; the last declared dividend was $1.30 per share, about ₹124.83. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade OFG Bancorp from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is OFG Bancorp a United States company, and does that change how it is taxed?
OFG Bancorp trades on the New York Stock Exchange in US dollars, but the company is domiciled in Puerto Rico. OFG Bancorp trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare OFG Bancorp shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your OFG Bancorp holding, its cost and its closing value.
How do I sell OFG Bancorp and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.