OCBC May Only Offer Clarity on Capital Management Next Year -- Market Talk

Dow Jones10-30

0657 GMT - OCBC's general insurance profit is ahead of Citi analyst Tan Yong Hong's expectations after insurance subsidiary Great Eastern posted a 36% on-year increase in 3Q profit. Investors are likely looking to the Singapore lender for clarity on capital management, but Tan expects the bank to only unveil any capital-management plans next year. He estimates OCBC's 2025 dividend at S$1.01, holding steady on year, assuming the lender stretches its ordinary dividend payout ratio to 53% and adds a special dividend of S$0.16. Citi maintains a neutral rating and S$16.80 target on OCBC. Shares rise 1.0% to S$17.02. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

October 30, 2025 02:57 ET (06:57 GMT)

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Comments

  • BK99
    11-05
    BK99
    Target also inaccurate! 
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