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Total income rose 18% to $4.17b during the quarter.
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Total income rose 18% to $4.17b during the quarter.
Oversea-Chinese Banking Corporation Limited’s (OCBC) net profit grew 22% to $2.22b in the second quarter of 2026, up from $1.82b a year earlier.
However, net interest income slipped 1% to $2.26b as net interest margin narrowed by 22 basis points to 1.7% in a lower interest rate environment.
For the first half, OCBC’s net profit grew 13% to $4.19b, whilst total income rose 11% to $8b.
Wealth management income went up by 27% to $3.29b and accounted for 41% of the bank’s total income.