---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000934657.md"
description: "$OCBC Bank(O39.SG)ContextOCBC is another of Singapore's three local banks and a reliable dividend payer. I started building a position in mid 2025 mainly for the dividends before the price climbed to its highs.My tradeI bought in two lots over about ten days rather than trying to time the perfect entry. The position is still in the green even after the recent pullback from the peak.TakeawayI'm happy to keep collecting the dividends, and I may add more if the price continues to fall, though I think OCBC is much more overvalued than UOB even after the pullback, so I'll be more cautious about buying here."
datetime: "2026-10-13T00:33:10.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000934657.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000934657.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000934657.md)
author: "[melph](https://longbridge.com/en/profiles/20208463.md)"
generator: "portal-rs"
---

# $OCBC Bank(O39.SG)ContextOCBC is another of Singap…


### Related Stocks

- [U11.SG](https://longbridge.com/en/quote/U11.SG.md)
- [O39.SG](https://longbridge.com/en/quote/O39.SG.md)
- [UOVEY.US](https://longbridge.com/en/quote/UOVEY.US.md)

## Comments (2)

- **Cici · 2026-10-13T02:18:52.000Z · 👍 1**: that gap narrows once the insurance arm is adjusted for, its embedded value sits in book on a different basis from banking assets, so a raw price to book comparison overstates the premium.
  - **melph** (2026-10-13T13:16:56.000Z): Thank you for helping me see that I was comparing raw price to book and didn't adjust for insurance, so OCBC's premium over UOB is probably smaller than it looks


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**