Oversea-China Banking Corp (OCBC)

Broker's Calls

Analysts are mixed on Singapore banks; RHB remains 'neutral' while PhillipCapital maintains 'buy'

PhillipCapital is positive on all banks, while RHB names UOB as its sole buy.
SORA at record high, but banks' loan growth sluggish: PhillipCapital - THE EDGE SINGAPORE

Broker's Calls

SORA at record high, but banks' loan growth sluggish: PhillipCapital

UOB will announce its results for 1QFY2023 ended March on April 27, followed by DBS on May 2 and OCBC on May 10.

Metaverse

OCBC stepping into the metaverse for next-gen customers

OCBC joins metaverse hype, becomes first bank in SG to launch metaverse experience OCBCx65Chulia

Broker's Calls

Faced with new digital banks, RHB prefers DBS, OCBC for high CASA ratios

According to RHB, attractive savings account offerings may stoke concerns that deposit competition would intensify.
Analysts raise their TPs on OCBC Bank following 1HFY2022 results as asset quality remains resilient - THE EDGE SINGAPORE

Broker's Calls

Analysts raise their TPs on OCBC Bank following 1HFY2022 results as asset quality remains resilient

DBS analysts Lim Rui Wen and Tabitha Foo say higher dividends could be on the horizon.

Results

OCBC posts 10% y-o-y earnings dip for 1QFY2022 on softer fee income

As at March 31, OCBC’s CET1 CAR was 15.2%.

Environmental, Social and Governance

OCBC partners with MetaVerse Green Exchange to develop green financing solutions

The partnership marks OCBC’s first foray into the digital asset sector.
Singapore banks' potential earnings drag from lower trading income a buying opportunity, says Maybank Singapore - THE EDGE SINGAPORE

Broker's Calls

Singapore banks' potential earnings drag from lower trading income a buying opportunity, says Maybank Singapore

Nevertheless, Wickramasinghe expects the Singapore banks to show resilience in their core business
Did the market over react or is OCBC a raging ‘buy’? - THE EDGE SINGAPORE

Zest

Did the market over react or is OCBC a raging ‘buy’?

OCBC's share price has had a sell down with its yield the highest and P/NAV the lowest among the banks. Is this an opportunity?

Broker's Calls

PhillipCapital remains overweight on banks ahead of FY2021 results, OCBC 'most attractive'

“Valuations for OCBC are the most attractive and [have the] largest upside surprise from dividends.”
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