OCBC reports steady 3QFY2025 net profit of $1.98 bil from higher non-interest income and lower allowances

Oversea-Chinese Banking Corporation (OCBC) has reported group net profit of $1.98 billion for the 3QFY2025 ended Sept 30, 0.2% higher y-o-y.

The steady y-o-y performance was supported by higher non-interest income, which grew by 15% y-o-y to $1.57 billion and lower allowances, which fell by 18% y-o-y to $139 million.