Brief: OCBC Posts Q1 Net Income SGD 1,974 Million

Oversea-Chinese Banking

08/05/2026 24:11

May 8 (Reuters) - Oversea-Chinese Banking Corporation Ltd OCBC.SI:

MAINTAINING 2026 FINANCIAL TARGETS

NEAR TERM UNCERTAINTY FROM MIDDLE EAST TENSIONS AND ELEVATED ENERGY PRICES

Q1 NET INTEREST INCOME SGD 2,222 MILLION

Q1 NET INCOME SGD 1,974 MILLION

MUCH OF THE NEAR-TERM OUTLOOK WILL DEPEND ON HOW THE WAR IN THE MIDDLE EAST EVOLVES

Q1 NET INTEREST MARGIN 1.8%

Q1 CET1 CAPITAL RATIO 17%

AS AT QTR END, NPL RATIO 0.9%

Further company coverage: OCBC.SI

 ((Reuters.Briefs@thomsonreuters.com;))