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OCBC 3Q26 Net Profit Falls 8% Quarter-on-Quarter to S$ 2.04 Billion

PUBT·11/06/2026 02:34:17
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OCBC 3Q26 Net Profit Falls 8% Quarter-on-Quarter to S$ 2.04 Billion
  • OCBC’s third-quarter 2026 net profit rose year-on-year to S$ 2.04 billion but fell 8% quarter-on-quarter due to weaker Great Eastern investment performance.
  • Total income declined year-on-year to S$ 3.73 billion, while non-interest income dropped 10% to S$ 1.42 billion.
  • Allowances fell 63% year-on-year to S$ 52 million, while the non-performing loan ratio improved to 0.8% from a year earlier.
  • Nine-month 2026 net profit climbed 10% year-on-year to a record S$ 6.24 billion, while total income increased 7% to S$ 11.73 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OCBC - Oversea-Chinese Banking Corporation Ltd. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.