O39.SI
SGX50SESOversea-Chinese Banking Corporation Limited
Financial Services · Banks - Regional · Singapore
Oversea-Chinese Banking Corporation Limited, together with its subsidiaries, provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. It operates through Global Consumer/Private Banking, Global Wholesale Banking, Global Markets and Insurance segments. The company's Global Consumer/Private Banking segment provides checking accounts, savings and fixed deposits, consumer loans such as housing loans and other personal loans, credit cards, investments and wealth management products. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high-net-worth individuals. Its Global Wholesale Banking segment provides long-term project financing, short-term credit, working capital and trade financing, as well as customized and structured equity-linked financing. This segment serves corporates, public sector, and small and medium enterprises. The company's Global Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as offers structured treasury products, digital assets, brokerage services, and financial solutions. Its Insurance segment provides fund management services, and life and general insurance products. The company's Others segment is involved in property and investment holding activities. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.
www.ocbc.com ↗Shares trade at a moderate 15.3× trailing earnings, easing to 14.1× on forward estimates. Profitability shows a net margin of 53.2%. Debt/equity stands at 0.72×. Revenue grew 4.9% year-on-year. It yields 3.3% in dividends. The mean analyst target of SGD23.90 sits 5.6% below the current price (Buy, 15 analysts).
business model
Oversea-Chinese Banking Corporation (OCBC) is Singapore's second-largest bank, with a distinctive integrated financial-services model that combines banking with a large insurance arm (Great Eastern) and wealth management (Bank of Singapore). Revenue is net interest income plus fee, wealth, and insurance income.
revenue segments
Net interest income from lending across Singapore, Malaysia, Indonesia, and Greater China; plus non-interest income from wealth management, its Great Eastern insurance operations, and transaction banking. The ASEAN-Greater China corridor is a strategic focus.
key dependencies
Like peers, earnings track interest-rate cycles and regional credit quality; the insurance subsidiary adds sensitivity to investment markets and actuarial assumptions. Regulated by MAS and by regulators across its ASEAN footprint.
competitors
DBS and UOB domestically; regional banks and insurers across ASEAN; global private banks in wealth management; and Malaysian and Indonesian banks in those key markets.
moat
A diversified ASEAN franchise, a strong Singapore/Malaysia deposit base, and the bancassurance and wealth model (Great Eastern, Bank of Singapore) that cross-sells and adds fee income. Conservative capital and a consistent dividend underpin the equity story.
risks
NIM compression as rates ease; credit exposure to regional property and SMEs, including Greater China; insurance earnings volatility from markets and rates; and integration/execution risk in its wealth ambitions. The current price above the mean target implies modest consensus upside.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.