OCBC stock tracks record profit and higher loan-growth outlook

Published on 11/11/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OCBC stock follows record nine-month profit and a stronger 2026 loan-growth outlook. Margin pressure and Great Eastern volatility remain key risks.

Profit Growth Meets Higher Lending Ambitions

OCBC reported record nine-month net profit after broad growth in wealth management, wholesale banking and insurance.
Third-quarter banking operations reached a record profit, while weaker Great Eastern investment performance reduced the group result sequentially.
Loan growth accelerated the outlook, but lower net interest margins and geopolitical risks remain key factors for investors.

OCBC, SG1S04926220, Illustration mit AI erstellt.

Oversea-Chinese Banking Corporation reported record nine-month profit on Friday, November 6, 2026, and raised its 2026 loan-growth outlook. The bank's official results release said net profit for the first nine months rose 10% year on year to a record S$6.24 billion.

Core Banking Supports Earnings

Third-quarter group net profit rose 3% year on year to S$2.04 billion. Banking Operations profit increased 8% to a record S$1.90 billion, supported by loan growth, customer-flow trading income and resilient fees.

Net interest income rose 4% year on year to S$2.31 billion, while fee income increased 8%. For the first nine months, non-interest income climbed 19% to S$4.93 billion, with wealth-management fees up 25% to S$1.33 billion.

Loan Growth Raises Outlook

Customer loans reached S$372 billion at September 30, up 14% from a year earlier and 3% from the previous quarter on a constant-currency basis. Customer deposits rose 12% to S$461 billion, while the non-performing-loan ratio improved to 0.8%.

Management now expects 2026 loan growth in the low-double-digit range, compared with its previous high-single-digit to low-double-digit guidance. Total income is expected to grow by at least a mid-single-digit percentage, while net interest income may remain flat or decline slightly. Expected credit costs were lowered to 15 to 20 basis points.

Margin Pressure Remains

Net interest margin fell to 1.71% for the first nine months from 1.93% a year earlier. Great Eastern Holdings' weaker investment performance also weighed on the quarterly group result, although its underlying insurance business remained resilient.

OCBC stock traded at 20.27 euros on Lang & Schwarz at 15:14 CET on Wednesday, November 11, 2026. Compared with the 19.85-euro quote in the previous report at 15:08 CET on Tuesday, November 10, the change was 2.12%.