Oversea-Chinese Banking Corporation Limited · SGX:O39
Oversea-Chinese Banking — Q3 2026 Earnings Presentation
20 slides from Oversea-Chinese Banking's earnings presentation, Nov 6, 2026
Slide 1: OCBC Third Quarter 2026 Results Highlights
OCBC Third Quarter 2026 Results Highlights Goh Chin Yee Group Chief Financial Officer 6 November 2026 OCBC Financial Results
Slide 2: Agenda
Agenda 01 Financial Highlights 02 Group Performance Trends Notes: - Certain comparative figures may have been restated to provide meaningful comparisons where necessary; - Amounts less than S$0.5m are shown as “0”; - “nm” denotes not meaningful; - “na” denotes not applicable; - Figures may not sum t
Slide 3: Performance highlights
Performance highlights 3Q26 Group profit above S$2b for the second time on record; Banking Operations profit at record high ▪ 3Q26 Group profit up 3% YoY; Banking Operations profit rose 16% to a +3% YoY new high, moderated by weaker investment income from GEH Group S$2.04b Net Profit -8% QoQ ➢ Total
Slide 4: 3Q26 and 9M26 Group net profit up YoY
Performance highlights 3Q26 and 9M26 Group net profit up YoY; 3Q26 higher Banking Operations non-II offset by GEH’s investment performance Group Performance (S$m) 9M26 YoY 3Q26 YoY QoQ Net Interest Income 6,798 -1% 2,313 +4% +2% Non-Interest Income 4,933 +19% 1,420 -10% -26% Total Income 11,731 +7%
Slide 5: Resilient results supported by diversified franchise
Performance highlights Resilient results supported by diversified franchise Banking Wealth Management ■ 3Q26 Banking Operations net 1/ profit rose to a new high, Net Profit (S$m) Total Income (S$m) Group WM Income (S$m) Banking WM AUM (S$b) 42% 43% driven by record income, +7% 36% +16% +1% +7% benig
Slide 6: Diversified earnings across key businesses and markets
Performance highlights Diversified earnings across key businesses and markets Operating Profit by Key Businesses 1/ Operating Profit by Geography Others Others 3% 8% Insurance 17% 9M26 4% 9M26 7% 18% 9M25 Greater China 23% 21% 9M25 Global 11% 45% 44% Wholesale Global 11% Banking 53% 49% Singapore Ma
Slide 7: Group Performance Trends
Agenda 01 Financial Highlights 02 Group Performance Trends
Slide 8: 3Q26 NII up QoQ and YoY
Net interest income 3Q26 NII up QoQ and YoY 1Q22 1.84% 1.86% 1.76% 1.93% 1.71% YoY 3Q26 1.70% 1.66% 9M26 Net Interest Margin +44% 6,854 2Q23-1% YoY +4% 2,226 2,296 2,222 2,264 2,313 6,798 YoY QoQ QoQ +44% +2% Net Interest Income ■ 3Q26 NII higher QoQ, (S$m) supported by strong asset growth and highe
Slide 9: 3Q26 fees stronger YoY, record customer flow trading income
Non-interest income 3Q26 fees stronger YoY and stable QoQ, record customer flow trading income offset by GEH 9M26 YoY 3Q26 +44% investment performance 2Q23 YoY +19% YoY -10% QoQ QoQ +44% -26% 41.9% 45.7% 42.0% 41.4% % of Group Income 36.5% 38.0% 37.7% ■ 3Q26 non-II down QoQ and YoY, record customer
Slide 10: 3Q26 and 9M26 fees up YoY from broad-based growth
Non-interest income 3Q26 and 9M26 fees up YoY from broad-based growth 9M26 YoY 3Q26 +44% 2Q23 YoY +8% YoY +19% QoQ QoQ +44% -1% 2,150 205 ■ 3Q26 fees up 8% YoY, led by 1,809 147 wealth, loan and trade-related Net Fees & Commissions (S$m) 209 activities Others 2/ 123 464 Investment Banking 739 735 ■
Slide 11: 3Q26 and 9M26 customer flow income at record high
Non-interest income 3Q26 and 9M26 customer flow income at record high 9M26 YoY 3Q26 YoY +22% +44% 1Q26 2Q23 YoY -10% YoY +24% QoQ QoQ +44% QoQ +10% -33% ■ 3Q26 trading/investment income down, as record customer flow income was 1,595 offset by GEH’s investment performance Trading / Investment Income
Slide 12: Expenses well controlled; 9M26 CIR below 40%
Operating expenses Expenses well controlled; 9M26 CIR below 40% 9M26 YoY 3Q26 +44% 2Q23 YoY unchanged YoY +6% QoQ QoQ +44% -3% 43.1% Cost-to-income ratio 40.0% 39.3% 40.8% 37.8% 39.3% 39.2% (“CIR”) ■ 3Q26 expenses down QoQ and flat YoY; CIR at 40.8% 4,602 4,322 ■ 9M26 expenses up 6%, in line 517 wit
Slide 13: Sustained loan growth, up 14% YoY and 3% QoQ
Loans Sustained loan growth, up 14% YoY and 3% QoQ Loans by Geography Loans by Industry YoY +44% YoY +14% +14% Sep 26 2Q23 +14% in constant ccy terms +2% QoQ +44% +2% (S$b) 9% +3% in constant ccy terms 21% 364 372 8% 341 347 7% 9% ■ Corporate, SME and 327 22% Rest of the world 72 75 80 86 90 5% 5% S
Slide 14: Asset quality resilient, NPL ratio lower at 0.8%
Asset quality Asset quality resilient, NPL ratio lower at 0.8% Non-performing assets (NPAs) 3Q25 2Q26 3Q26 9M25 9M26 YoY +44% +2% (S$m) Sep 26 2Q23 QoQ QoQ +44% -3% At start of period 3,009 3,120 3,132 2,869 3,243 Corporate/ Commercial Banking and ■ 3Q26 NPAs declined QoQ as Others recoveries and up
Slide 15: 3Q26 allowances lower for consecutive quarter
Allowances 3Q26 allowances lower for consecutive quarter 9M26 YoY 3Q26 +44% 2Q23 YoY -63% YoY -9% QoQ QoQ +44% -67% Credit costs (bps) 1/ 23 16 20 17 14 14 6 Total ■ 3Q26 allowances lower QoQ 16 23 12 11 and YoY mainly from a 4 4 6 Impaired decline in allowances for impaired assets 466 ■ 9M26 total
Slide 16: NPA coverage ratio at 168%
Allowances NPA coverage ratio at 168% YoY +7% YoY +44% 160% 163% 163% 168% Sep 26 2Q23 QoQ +0.3% QoQ +44% Total NPA coverage 151% Allowances for non-impaired 0.9% 0.9% 0.9% 0.8% 0.8% ■ NPA coverage ratio higher loans / Performing loans at 168%, as allowances increased while NPAs declined 5,089 5,113
Slide 17: Deposits grew QoQ and YoY
Deposits Deposits grew QoQ and YoY YoY YoY +44% +12% 78.6% 78.6% 77.2% 78.4% 79.5% Sep 26 2Q23 Group LDR QoQ QoQ +44% +1% 81.8% 82.6% 78.8% 79.1% 78.4% ■ Deposits continued to grow, SGD LDR up 12% YoY and 1% QoQ 50.7% 51.0% 53.2% 47.2% 49.2% ■ YoY, CASA deposits grew USD LDR 8% while fixed deposits
Slide 18: Strong liquidity and funding ratios
Balance sheet Strong liquidity and funding ratios Loans-to-Deposits Ratio Funding Group LDR (%) Composition ■ Strong credit ratings of Aa1 11% Customer deposits from Moody’s, and AA- from Bank deposits 8% Fitch and S&P respectively Debts issued S$592b Capital and reserves 3% Sep 26 78% 78.6 78.4 79.
Slide 19: Capital level remained strong, well positioned to support growth
Capital Capital level remained strong, well positioned to support growth YoY YoY -1.0ppt +44% 16.9 16.9 17.0 Sep 26 2Q23 Fully phased-in QoQ unchanged QoQ +44% 1.8 15.7 15.5 Transitional 1.9 1.8 CET1 CAR 1/ 1.7 1.5 ■ CET1 CAR stable QoQ at CET1 CAR (%) 14.0%, as asset growth and 15.0 15.1 15.2 Fully
Slide 20: Thank you
Thank you Disclaimer: This presentation should be read as an overview of OCBC’s current business activities and operating environment which may contain statements relating to OCBC’s growth strategy and future business aspirations. This presentation contains “forward-looking statements”, which are ba
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