The Business Times
business-time-50
SUBSCRIBERS

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

Summarise
google-preferred-sourceAdd BT as a preferred source
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

    TRENDING NOW

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Indonesia's Finance Minister Purbaya Yudhi Sadewa says figures in the reported export data are roughly 50% lower than the actual numbers.

    Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing

    Sats pays out 30% to 40% of its net profit as dividends to balance rewarding shareholders with capturing investment opportunities.

    Sats may reward shareholders with special dividend if there’s spare cash

    LKT commenced proceedings in the Singapore High Court against Edmund Cheah in May 2025, alleging breaches of fiduciary duties and duties of fidelity.

    Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More