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Oversea-Chinese Banking Corp (OCBC)
Zest
OCBC shares open higher following Sunday’s disruption
Some users had been unable to access OCBC’s website and mobile banking services on Sept 1.
September 03, 2024
Broker's Calls
Singapore banks’ net bond supply could be negative in 2024, thanks to 'low' refinancing needs, 'solid' capital cushions
DBS will be the first to report its results for FY2023, on Feb 7. UOB will follow on Feb 22 and OCBC a week later on Feb 28.
January 22, 2024
Zest
PhillipCapital, RHB disagree on forecast for banks' upcoming FY2023 results
RHB is staying “neutral”, while PhillipCapital is staying “buy” on all three banks.
January 09, 2024
Environmental, Social and Governance
CDL first to obtain OCBC's 1.5°C loan with three-year GBP200 mil sustainability-linked facility
Launched in March, the 1.5°C loan provided by OCBC incentivises corporates to set and work towards emissions reduction targets.
December 04, 2023
Environmental, Social and Governance
OCBC sustainable finance loan book hits $52 bil, breaking $50 bil target two years ahead of schedule
Group CEO Helen Wong cites “natural demand” for sustainable loans, allowing its portfolio to grow at a “much faster pace”.
December 03, 2023
Broker's Calls
RHB stays 'neutral' on top pick OCBC ahead of 3QFY2023 results
OCBC is scheduled to announce its results on Nov 10.
October 17, 2023
Broker's Calls
Singapore banks 'ploughing ahead', with 2QFY2023 results beating CLSA's conservative estimates
CLSA analysts believe NIMs will peak out at end-2023.
August 10, 2023
Broker's Calls
Analysts split on OCBC following 1HFY2023 results, with target prices ranging from $12.70 to $14.96
OCBC reported net profit of $3.59 billion for the 1HFY2023, 38% higher y-o-y.
August 08, 2023
Broker's Calls
'Little financial impact' if Great Eastern proceeds with 'bite-sized' acquisition of AmMetLife: Citi
Ahead of DBS and OCBC's earnings on Aug 3 and 4, one Citi Research analyst maintains his “pair trade idea”, favouring OCBC.
August 02, 2023