OCBC
Stocks to watch: OCBC, ST Engineering, Frasers Property, F&N, Far East Orchard, DHLT, Marco Polo Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 9).OCBC: The bank’s net profit for the first quarter fell on lower...
OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations
[SINGAPORE] OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses.Net profit for the three months ended March 31, 2025 stood at...
DBS, OCBC, UOB may cut guidance in Q1 as macro uncertainty weighs on outlook: analysts
[SINGAPORE] Singapore banks may cut their earnings guidance for 2025, as uncertainty in the macroeconomic outlook weighs on their growth prospects for the year, analysts said.While the local lenders...
If OCBC wants to keep Chulia Street properties, it should partner a property group to redevelop them
IN this column on Mar 31, I advocated that OCBC should sell its Chulia and Church Street properties so that the assets can be redeveloped to create a new...
DBS, OCBC and UOB’s recent rally a remarkable recovery, but are the risks fully priced in?
[SINGAPORE] Shares of DBS, OCBC and UOB have rebounded since the announcement of US President Donald Trump’s reciprocal tariffs on Apr 2 sent shockwaves through the markets and triggered...
‘Fallacy’ to say OCBC does not know insurance business: board chairman
[SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with...
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
[SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said...
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
[SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US...
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
[SINGAPORE] Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs threaten a global trade war. UOB Kay...