OCBC net profit edges down 2% to $7.42b in FY2025
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Oversea-Chinese Banking Corporation Limited (OCBC) reported a net profit of $7.42 billion for FY2025, a 2% decrease from $7.59 billion in FY2024. Total income rose to $14.6 billion, bolstered by a 16% increase in non-interest income, while net interest income fell 6% to $9.15 billion. The tax expense increased by 27% due to higher contributions from high-tax jurisdictions. The board proposed a final ordinary dividend of 42 cents and a special dividend of 16 cents per share, totaling 99 cents per share for the year, representing 60% of net profit.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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