Oversea-Chinese Banking (O39) Stock Overview
Provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
O39 Community Fair Values
Create NarrativeSee what 152 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Oversea-Chinese Banking Corporation Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | S$27.88 |
| 52 Week High | S$27.92 |
| 52 Week Low | S$16.19 |
| Beta | 0.18 |
| 1 Month Change | 18.64% |
| 3 Month Change | 21.85% |
| 1 Year Change | 64.00% |
| 3 Year Change | 123.58% |
| 5 Year Change | 135.08% |
| Change since IPO | 820.99% |
Recent News & Updates
New Narrative • Jul 09
Fee Reliance And Rising Costs Will Challenge Long-Term Earnings Sustainability
Catalysts About Oversea-Chinese Banking Oversea-Chinese Banking operates a diversified banking, wealth management and insurance group across Singapore, ASEAN and selected international markets. What are the underlying business or industry changes driving this perspective?
Narrative Update • Jul 08
O39: Future Performance Will Reflect AI Wealth Expansion While Supporting Stable Margins
Analysts have adjusted their fair value estimate for Oversea-Chinese Banking to SGD24.16 from SGD23.29, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What’s in the News for Oversea-Chinese Banking OCBC launched OCBC WoW, an AI-powered wealth management app featuring two virtual financial adviser avatars, Wendy and Wayne.Narrative Update • Jun 23
O39: Future Performance Will Reflect Refined Assumptions Supporting Stable Margins And Dividend Appeal
The updated analyst price target for Oversea-Chinese Banking has inched up from SGD 22.94 to SGD 23.29, with analysts citing refined assumptions on the discount rate, revenue growth, profit margin, and future P/E as the basis for this change. What's in the News There are currently no recent news items provided for Oversea-Chinese Banking in the supplied sources, so this section reflects the absence of reported developments.Recent updates
New Narrative • Jul 09
Fee Reliance And Rising Costs Will Challenge Long-Term Earnings Sustainability
Catalysts About Oversea-Chinese Banking Oversea-Chinese Banking operates a diversified banking, wealth management and insurance group across Singapore, ASEAN and selected international markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Jul 08
O39: Future Performance Will Reflect AI Wealth Expansion While Supporting Stable Margins
Analysts have adjusted their fair value estimate for Oversea-Chinese Banking to SGD24.16 from SGD23.29, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What’s in the News for Oversea-Chinese Banking OCBC launched OCBC WoW, an AI-powered wealth management app featuring two virtual financial adviser avatars, Wendy and Wayne.Narrative Update • Jun 23
O39: Future Performance Will Reflect Refined Assumptions Supporting Stable Margins And Dividend Appeal
The updated analyst price target for Oversea-Chinese Banking has inched up from SGD 22.94 to SGD 23.29, with analysts citing refined assumptions on the discount rate, revenue growth, profit margin, and future P/E as the basis for this change. What's in the News There are currently no recent news items provided for Oversea-Chinese Banking in the supplied sources, so this section reflects the absence of reported developments.
New Narrative • Jun 22
Wealth Expansion And Sustainable Financing Will Support A Stronger Long-Term Earnings Profile
Catalysts About Oversea-Chinese Banking Oversea-Chinese Banking provides banking, wealth management and insurance services with a strong presence in Singapore, Hong Kong and key ASEAN markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 04
O39: Future Performance Will Reflect Stable Margins And Dividend Support At Fair Valuation
Analysts have raised their price target for Oversea-Chinese Banking to SGD22.94 from SGD20.76, citing updated assumptions that incorporate the latest revenue growth outlook, profit margin estimates and future P/E expectations. What's in the News Oversea-Chinese Banking Corporation Limited proposed a special one-tier tax exempt dividend of $0.16 per ordinary share for the financial year ended 31 December 2025, to be tabled at its AGM on 16 April 2026.Analysis Article • May 12
Oversea-Chinese Banking Corporation Limited (SGX:O39) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Oversea-Chinese Banking Corporation Limited ( SGX:O39 ) just released its first-quarter report and things are looking...Narrative Update • Feb 05
O39: Future Performance Will Reflect Stable Profitability And Fairly Valued Earnings Multiple
Narrative Update on Oversea-Chinese Banking Analysts have lifted their price target for Oversea-Chinese Banking to S$20.76 from S$19.80, pointing to updated assumptions around revenue growth, profit margins, and a slightly higher future P/E multiple that collectively support a higher fair value estimate. Valuation Changes Fair Value: Adjusted from SGD19.80 to about SGD20.76, reflecting a modest uplift in the estimated share valuation.Narrative Update • Jan 22
O39: Future Performance Will Reflect Stable Profitability And Slightly Higher Earnings Multiple
Analysts have raised their fair value estimate for Oversea-Chinese Banking to $19.80 from $19.29, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E ratio that together indicate a modestly higher valuation profile. Valuation Changes Fair Value: Raised slightly from SGD 19.29 to SGD 19.80, reflecting a modest uplift in the estimated share valuation.Narrative Update • Jan 08
O39: Future Performance Will Reflect Stable Profitability And Slightly Lower Risk Balance
Narrative Update on Oversea-Chinese Banking Analysts have nudged their price target for Oversea-Chinese Banking slightly higher to S$19.29. This reflects updated assumptions around a modestly lower discount rate and a small adjustment to the implied forward P/E multiple, while keeping revenue growth and profit margin expectations broadly unchanged.Narrative Update • Dec 16
O39: Future Performance Will Reflect Stable Profitability And Measured Long Term Risk Balance
Narrative Update: Oversea-Chinese Banking Analyst Price Target Analysts have made only a marginal upward adjustment to their price target for Oversea-Chinese Banking, citing slightly lower discount rate assumptions and a modestly reduced forward price to earnings multiple as justification for the essentially unchanged fair value estimate of SGD 19.29. Valuation Changes Fair Value: Unchanged at approximately SGD 19.29 per share, reflecting a stable overall valuation view.Narrative Update • Dec 02
O39: Future Performance Will Balance Modest Profitability Improvement With Measured Risk Outlook
Analysts have raised their fair value estimate for Oversea-Chinese Banking from $19.05 to $19.29. This change reflects improved growth and profitability metrics in their latest assessment.Narrative Update • Nov 17
O39: Future Performance Will Reflect Revised Assumptions And Maintain Balanced Risk Outlook
Analysts have raised their fair value estimate for Oversea-Chinese Banking to $19.05 per share from $17.58. This reflects revised outlooks on earnings quality and risk assumptions.Analysis Article • Aug 06
Oversea-Chinese Banking (SGX:O39) Will Pay A Smaller Dividend Than Last Year
Oversea-Chinese Banking Corporation Limited ( SGX:O39 ) is reducing its dividend from last year's comparable payment to...Analysis Article • Aug 04
Oversea-Chinese Banking Corporation Limited Just Beat EPS By 298%: Here's What Analysts Think Will Happen Next
Last week saw the newest quarterly earnings release from Oversea-Chinese Banking Corporation Limited ( SGX:O39 ), an...
New Narrative • Nov 10
Sustainable Innovation And Strategic Acquisitions Set The Stage For Dynamic Growth
Sustained loan growth and increased AUM boost potential revenue through loan interest and wealth management income, enhancing overall earnings.Shareholder Returns
| O39 | SG Banks | SG Market | |
|---|---|---|---|
| 7D | 5.8% | 2.1% | 2.7% |
| 1Y | 64.0% | 10.3% | 27.3% |
Return vs Industry: O39 exceeded the SG Banks industry which returned 10.3% over the past year.
Return vs Market: O39 exceeded the SG Market which returned 27.3% over the past year.
Price Volatility
| O39 volatility | |
|---|---|
| O39 Average Weekly Movement | 2.9% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in SG Market | 12.9% |
| 10% least volatile stocks in SG Market | 2.3% |
Stable Share Price: O39 has not had significant price volatility in the past 3 months compared to the SG market.
Volatility Over Time: O39's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1912 | 33,311 | Teck Long Tan | www.ocbc.com |
Oversea-Chinese Banking Corporation Limited, together with its subsidiaries, provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. It operates through Global Consumer/Private Banking, Global Wholesale Banking, Global Markets and Insurance segments. The company's Global Consumer/Private Banking segment provides checking accounts, savings and fixed deposits, consumer loans such as housing loans and other personal loans, credit cards, investments and wealth management products.
Oversea-Chinese Banking Corporation Limited Fundamentals Summary
| O39 fundamental statistics | |
|---|---|
| Market cap | S$125.18b |
| Earnings (TTM) | S$7.43b |
| Revenue (TTM) | S$14.12b |
16.9x
P/E Ratio2.0x
P/B RatioIs O39 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| O39 income statement (TTM) | |
|---|---|
| Revenue | S$14.12b |
| Cost of Revenue | S$164.00m |
| Gross Profit | S$13.95b |
| Other Expenses | S$6.53b |
| Earnings | S$7.43b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 07, 2026
| Earnings per share (EPS) | 1.65 |
| Gross Margin | 98.84% |
| Net Profit Margin | 52.61% |
| Debt/Equity Ratio | 70.5% |
How did O39 perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield51%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/14 16:33 |
| End of Day Share Price | 2026/07/14 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Oversea-Chinese Banking Corporation Limited is covered by 32 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wing San Wong | Barclays |
| Kevin Kwek | Bernstein |
| Wen Ning Chionh | BofA Global Research |