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Oversea-Chinese Banking Corporation (OCBC)
Broker's Calls
Special dividend from DBS, share buyback programme by UOB in CGSI’s forecasts ahead of FY2024 results
DBS will announce its results on Feb 11, followed by UOB on Feb 19 and OCBC on Feb 26.
3 days ago
Broker's Calls
Morningstar raises target prices on all three Singapore banks by 3%-6%
The Fed may be more likely to hold than to cut US interest rates, and this shift in stance may help maintain margins.
5 days ago
Broker's Calls
Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year
Jefferies analysts have upgraded UOB and OCBC to “buy”, in line with DBS.
December 06, 2024
Broker's Calls
OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi
Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest.
August 02, 2024
Finance
GEH-OCBC offer update: no requirement to announce level of acceptances
Under SFA, there is no requirement for OCBC to announce level of acceptances for GEH
June 14, 2024
Banking & finance
OCBC prices US$750 mil of tier 2 subordinated notes with 4.602% p.a. coupon
The notes are expected to be rated A2 by Moody’s, BBB+ by Standard & Poors and A by Fitch Ratings. They will be issued on June 15.
June 09, 2022
Broker's Calls
Suntec REIT trustee issues $200 mil perpetual securities under US$2 bil Euro Medium Term Securities Programme
Approval in-principle has been received from the SGX-ST.
October 27, 2020
Funds
Lion Global Investors to provide retail investors access to 'private banking' solutions
Curated Portfolios were previously available only to LGI's high-net-worth clients.
October 20, 2020
Results
OCBC posts 6% drop in 3Q earnings to $1.17 bil as swelling provisions offset higher lending, wealth management income
SINGAPORE (Nov 5): Oversea-Chinese Banking Corporation (OCBC Bank) has reported earnings of $1.17 billion for the 3Q19 ended September, some 6% lower than the $$1.25 billion recorded a year ago.
November 05, 2019
Broker's Calls
CGS-CIMB keeps UOB as top bank sector pick despite underperforming NIM expansion
SINGAPORE (June 3): CGS-CIMB Research is keeping United Overseas Bank (UOB) as its top pick among the Singapore banks, despite the bank’s NIM expansion underperforming compared to its peers.
June 03, 2019