EarningsQ2 2026 Earnings Report
DE:OCBA Q2 2026 EPS Results
Actual EPS€0.34
Consensus EPS€0.31
Beat/MissBeat by +€0.03
One Year Ago EPS€0.28
DE:OCBA Q2 2026 Revenue Results
Actual Revenue€9.36B
Expected Revenue€2.65B
Beat/MissBeat by +€6.71B
YoY Revenue Growth+1.51%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
DE:OCBA Upcoming Earnings
OCBC's next earnings date is estimated for November 6, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:OCBA Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call conveyed a strongly positive performance driven by record profits, robust noninterest income (notably wealth, fees, trading and insurance), solid loan and deposit growth, and continued strategic execution. Key challenges noted were margin compression from lower rates and higher wholesale funding, some credit provisioning related to two Greater China CRE accounts and market‑driven volatility in investment income. Management provided constructive guidance (raised loan growth target to high single‑digit/low double‑digit), reiterated capital return plans, and emphasized balance sheet and capital flexibility to manage headwinds.Company Guidance
Record Quarterly and First-Half Profit
Group net profit for Q2 2026 was a record SGD 2.22 billion, up 22% year‑on‑year — the first quarterly profit above SGD 2.0 billion. First‑half group net profit rose 13% year‑on‑year to a record SGD 4.19 billion. Annualized ROE improved to 14.4% for the quarter and 13.7% for the first half.
Strong Total Income and Non‑Interest Income Growth
Total income for Q2 was SGD 4.17 billion, up 18% year‑on‑year, and first‑half total income was SGD 8.0 billion, up 11% year‑on‑year. Noninterest income reached new highs: Q2 noninterest income up 51% YoY and H1 noninterest income up 36% YoY to SGD 3.51 billion, accounting for 44% of total income.
Wealth Management Momentum
Wealth management income hit a new high of SGD 3.29 billion, up 27% YoY and representing 41% of group income. Net new money inflows were SGD 6 billion in Q2 and SGD 11 billion in H1. Banking AUM grew 13% YoY to SGD 350 billion; invested AUM improved Q‑on‑Q to 62%.
Fees, Trading & Insurance Performance
Fee income crossed SGD 700 million in Q2 for the first time, lifting H1 fee income to SGD 1.41 billion. Wealth management fees rose 39% YoY in H1. Trading & investment income (customer flow) rose strongly: H1 customer flow income up ~47% YoY and Q2 customer flow income up 60% YoY. Great Eastern insurance results supported a 44% increase in profit contribution to SGD 794 million; insurance income up ~68% YoY.
Loan and Deposit Growth
Customer loans grew 5% Q‑on‑Q (SGD 17 billion) to SGD 364 billion and 11% YoY (constant currency). Customer deposits rose 13% YoY to SGD 459 billion, with CASA up 12%. Group loan‑to‑deposit ratio stood at 78.4%.
Operating Efficiency and Capital Returns
Cost discipline maintained: Q2 cost‑to‑income ratio improved to 37.8% and H1 cost‑to‑income improved to 38.5% despite strategic investments. Board declared interim dividend SGD 0.47, up 15% YoY; management remains committed to completing remaining SGD 2.5 billion capital return by FY2026 (approximately SGD 800 million remaining to be returned as special dividend if buybacks are not executed).
Balance Sheet Strength and Sustainability Financing
Transitional CET1 ratio 15.7% and fully phased‑in CET1 14.0% (target operating level ~14%). Sustainable financing loans rose 12% YoY to SGD 60 billion, representing 16% of group loans.
Business and Strategic Wins
Executed strategic initiatives including acquisition of HSBC Indonesia's wealth business, launch of AI‑native OCBC WoW Avatar Banking, GOLDX coin linked to LGS Physical Gold Fund, gen‑AI skills training for wealth advisers, and continued Next Frontier strategy execution driving diversified revenue growth.
DE:OCBA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed