OCBC has declared an interim ordinary dividend of 41 cents per share, representing a payout ratio of 50% of 1HFY2025 group net profit. Photo: OCBC
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Oversea-Chinese Banking Corporation (OCBC) has reported net profit of $3.70 billion for 1HFY2025 ended June 30, 6% lower y-o-y.
Total income during the period slipped 1% y-o-y to $7.2 billion, with a 5% drop in net interest income (NII) compensated by fee and trading income growth, as non-interest income rose 8% y-o-y.
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