Overseas-Chinese Banking Corporation (OCBC)

Broker's Calls

RHB upgrades Singapore banks to ‘overweight’ as it sees upside from capital management initiatives

UOB and DBS are RHB’s top picks with “buy” calls. RHB has remained “neutral” on OCBC.

Broker's Calls

Analysts generally positive on OCBC following 3QFY2024 earnings, with most raising their TPs

UOB Kay Hian, Maybank Securities, PhillipCapital, CGSI and Goldman Sachs have maintained their “buy” calls on OCBC.
DBS expected to have the most favourable y-o-y profit momentum among Singapore banks: Macquarie 3Q2024 report - THE EDGE SINGAPORE

Broker's Calls

DBS expected to have the most favourable y-o-y profit momentum among Singapore banks: Macquarie 3Q2024 report

According to Macquarie analyst Jayden Vantarakis, DBS is the only bank poised to declare a dividend this quarter.

Singapore economy

OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row

The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.
OCBC announces five-year collaboration with Disney - THE EDGE SINGAPORE

Banking & finance

OCBC announces five-year collaboration with Disney

On Oct 20, OCBC will deck out its Wisma Atria branch with Disney and Marvel themed photo zones.

Broker's Calls

Singapore banks may reduce WACC through debt offerings, boosting shareholder gains: Bloomberg report

According to the report, Singapore banks have ‘room to optimise’ their costly capital structure.
Dividends continue to steal the spotlight in Singapore banks, says DBS - THE EDGE SINGAPORE

Broker's Calls

Dividends continue to steal the spotlight in Singapore banks, says DBS

UOB is likely to achieve better NIM improvement than it peers on a q-o-q basis, says the brokerage.

Banking & finance

OCBC launches first comprehensive financial and personal wellness programme

The programme designed for the 35,000 property agents currently in Singapore, is valued at up to $5,000 a year per agent.
OCBC expects to facilitate 250,000 cross-border QR payments in 2024 - THE EDGE SINGAPORE

Banking & finance

OCBC expects to facilitate 250,000 cross-border QR payments in 2024

The bank expects to quadruple the number of cross-border payments with the introduction of its cross-border payment platforms.

Broker's Calls

MAS support to benefit local banks, reduce strain from Covid-19: Phillip Securities

Support by MAS will allow the local banks to mitigate risks to asset quality, says Phillip Securities Research.
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