UOB Kay Hian names SGD 35.70 target for OCBC stock

Published on 10/21/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OCBC stock costs EUR 20.36 on October 21, 2026 at Lang & Schwarz. First-half net profit reached SGD 4.19 billion, up 13 percent year on year.

Earnings and market context

UOB Kay Hian named an SGD 35.70 target for OCBC on October 15, 2026.
OCBC reported SGD 4.19 billion in first-half 2026 net profit, 13 percent above the prior year.
OCBC stock traded at EUR 20.36 at 9:13 a.m. CEST at Lang & Schwarz on October 21, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

OCBC (ISIN SG1S04926220) stock costs EUR 20.36 at Lang & Schwarz on October 21, 2026, while UOB Kay Hian named an SGD 35.70 target in its October 15, 2026 banking preview. The report expects the Singapore lender to deliver SGD 2.054 billion in third-quarter 2026 net profit, 4 percent above the prior year but 8 percent below the previous quarter, according to UOB Kay Hian.

Three dated earnings signals

OCBC's earnings path has combined record profit with pressure on interest margins. On August 7, 2026, the bank reported first-half net profit of SGD 4.19 billion, up 13 percent from a year earlier, through OCBC. On October 7, 2026, OCBC launched a tokenized deposit solution with Ant International for round-the-clock treasury management between Singapore and Malaysia, as its release states. On October 15, 2026, UOB Kay Hian projected SGD 2.054 billion for the third quarter.

What does the target mean?

The research note links the target to wealth management, insurance and trading income, while net interest income remains the central counterweight. UOB Kay Hian said wealth management accounted for 63 percent of OCBC's fee income and forecast a 1.88 percent net interest margin for the third quarter. Its estimate puts wealth-management contribution at SGD 880 million, 11 percent above the prior year but 4 percent below the second quarter.

Dates investors can measure

UOB Kay Hian's report identifies November 6, 2026 as OCBC's third-quarter results date. The release will test the forecast of SGD 2.054 billion in net profit and the expected 1.88 percent margin. The bank's first-half figures provide the latest reported baseline, with total income at SGD 8.00 billion and net interest income at SGD 4.49 billion.

Tokenized deposits add a strategic angle

The October 7 solution gives Ant International access to SGD- and USD-denominated tokenized deposits on a 24/7 basis through its WhaleRTP platform, according to OCBC. That initiative matters because it extends the bank's transaction-banking proposition beyond conventional settlement windows, although the upcoming results remain the clearer test for earnings momentum.

OCBC stock and the next test

On the Singapore Exchange, OCBC was last at SGD 29.20 on October 21, 2026 at 3:07 p.m. SGT, with a market capitalization of SGD 131.3 billion. The stock's Singapore quotation gives German investors a separate currency reference from the EUR 20.36 Lang & Schwarz indication.

OCBC was trading at EUR 20.36 at Lang & Schwarz on October 21, 2026 at 9:13 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of OCBC stock.