UOB Kay Hian kept its Buy rating on OCBC stock

Published on 10/14/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB Kay Hian set a SGD 35.70 target on October 12, 2026. OCBC stock costs EUR 20.13 on October 14, 2026, while first-half profit was SGD 4.19 billion.

Analyst support and earnings context

UOB Kay Hian set a SGD 35.70 target on October 12, 2026.
OCBC reported SGD 4.19 billion in first-half 2026 net profit, up 13.00 percent.
OCBC stock traded at EUR 20.13 at 1:27 p.m. CEST at Lang & Schwarz on October 14, 2026.
Market capitalization stood at SGD 130.2 billion on October 14, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

OCBC (ISIN SG1S04926220) traded at EUR 20.13 at Lang & Schwarz on October 14, 2026 at 1:27 p.m. CEST. On October 12, 2026, UOB Kay Hian kept its Buy rating and set a SGD 35.70 target, as reported by Markets Insider.

Three earnings and rating markers

On August 7, 2026, OCBC reported earnings per share of SGD 0.49 against a SGD 0.44 estimate, while revenue reached SGD 4.17 billion against SGD 3.73 billion, according to Investing.com. The figures give the October rating debate a fresh earnings anchor.

On October 7, 2026, Citi Research downgraded OCBC to Sell and assigned a SGD 27.50 target, citing pressure on net interest margins and valuation, according to The Kopi Notes. UOB Kay Hian's SGD 35.70 target therefore sets a materially different view of the bank's earnings durability.

What do first-half numbers show?

In the first half of 2026, OCBC's net profit rose 13.00 percent year on year to SGD 4.19 billion, while total income increased 11.00 percent to SGD 8.00 billion, The Smart Investor reported on October 12, 2026. Net interest income fell 3.00 percent as the net interest margin narrowed from 1.98 percent to 1.73 percent, while non-interest income rose 36.00 percent to SGD 3.51 billion.

The mix matters because fee and insurance income offset the margin squeeze. OCBC also raised its interim ordinary dividend 15.00 percent to SGD 0.47 per share for the first half of 2026, giving the results a shareholder-return component alongside the competing analyst views.

Next reporting date and market value

OCBC is scheduled to report third-quarter 2026 results on November 6, 2026, according to The Kopi Notes. Its market capitalization was SGD 130.2 billion on October 14, 2026, while the 52-week range stood at SGD 16.62 to SGD 32.57.

At Lang & Schwarz, OCBC stock traded at EUR 20.13 on October 14, 2026 at 1:27 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of OCBC stock.