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OCBC trims full-year NIM guidance; Q2 profit slips 7% to S$1.82 billion

The lender declares an interim dividend of S$0.41 per share, in line with its 50% interim payout policy

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Renald Yeo

Renald Yeo

Published Fri, Aug 1, 2025 · 03:11 PM
    • Helen Wong, group CEO of OCBC, says the bank “remains committed” to its 60% total dividend payout target for FY2025, along with its S$2.5 billion two-year share buyback plan.
    • Helen Wong, group CEO of OCBC, says the bank “remains committed” to its 60% total dividend payout target for FY2025, along with its S$2.5 billion two-year share buyback plan. PHOTO: BLOOMBERG

    [SINGAPORE] OCBC has lowered its target net interest margin (NIM) for FY2025 to a range of 1.9 to 1.95 per cent, down five to 10 basis points (bps) from an earlier range of around 2 per cent.

    During the second quarter, “reduction in loan yields outpaced the drop in deposit costs”, said OCBC group chief financial officer Goh Chin Yee on Friday (Aug 1).

    She was speaking at the bank’s second-quarter results briefing for the three months ended Jun 30, for which OCBC – the first of Singapore’s three local lenders to report earnings – posted a 7 per cent year-on-year decline in net profit to S$1.82 billion.

    OCBCFinancial resultsHelen WongSingapore banksBanking

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