Oversea-Chinese Banking Corporation Limited Q3 2025 Earnings Recap

OCBC reported a solid third quarter 2025 with group net profit of SGD 1.98 billion, marking a 9% increase from the prior quarter, driven by record noninterest income even as net interest income declined due to lower benchmark rates.

Key Takeaways

• Noninterest income surged by 24% quarter-on-quarter to SGD 1.57 billion, fueled by strong fee, trading, and insurance contributions.
• Loans and deposits grew by 7% and 11% year-on-year, respectively, supported by a diversified asset portfolio.
• The capital position remained robust with a Common Equity Tier 1 ratio of 16.9%, while asset quality indicators showed stability with an NPL ratio of 0.9%.
• Wealth management income reached a record SGD 1.62 billion, accounting for 43% of total group income, driven by significant net new money inflows of SGD 12 billion in Q3.
• Operating expenses were well managed, resulting in a cost-to-income ratio maintained below 40% at 39.3%.