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Friday, 7 August 2026

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FEATUREOCBC Posts Record First-Half Profit as Wealth Business Accelerates

By Bernard Lee3 min read

Singapore, 7 August 2026 – OCBC delivered record first-half earnings as rising wealth-management fees, stronger trading income and a rebound in insurance contributions offset the pressure of softer interest rates on its traditional lending business.

The Singapore banking group reported a net profit of S$4.19 billion for the six months ended June 2026, representing a 13% increase from S$3.70 billion a year earlier. Second-quarter net profit climbed 22% year-on-year to S$2.22 billion and rose 12% from the preceding quarter.

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Author

  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.