OCBC Q2 profit drops 7% to $1.82b as interest rates fall, to pay lower interim dividend

OCBC Q2 profit drops 7% to $1.82b as interest rates fall, to pay lower interim dividend

Bank to pay interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com.

OCBC Profit Slips From Softer Interest Rate Environment

Lower income at OCBC due to a softer interest rate environment led to a profit decrease in the first half of the year. OCBC’s net profit for the first half of 2025 totalled S$3.7 billion ($2.9 billion), according to the bank’s financial results, down 6 percent compared to the record S$3.9 billion during the same period last year. Total income was 1 percent lower year-on-year at S$7.2 billion. While non-interest income rose 8 percent to S$2.6 bil…