OCBC $OCBC Bank(O39.SG)delivered a solid Q1 2026 result, with profit up 5% YoY to S$1.97B, supported by strong wealth management and non-interest income.
Feels like the bigger story now is funds continuing to flow into Singapore amid Middle East uncertainties. With AI, infra and regional expansion themes building up, local banks could continue benefiting from deposits, financing, FX and wealth activities.
MAS initiatives like EMDP may also gradually improve participation and liquidity in SG equities over time.
Keeping SG bank and manufacturing sector counters on watch.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.