Oversea-chinese Banking Corporation Limited · SGX:O39

Oversea-chinese Banking — FY2025 Earnings Presentation

21 slides from Oversea-chinese Banking's earnings presentation, Feb 25, 2026

  1. Slide 1: OCBC Full Year 2025 Results Presentation

    OCBC Full Year 2025 Results Presentation Goh Chin Yee Group Chief Financial Officer 25 February 2026 OCBC Financial Results 1

  2. Slide 2: Agenda

    Agenda 01 Financial Highlights 02 Group Performance Trends Notes: - Certain comparative figures have been restated to conform with the current period’s presentation; - Amounts less than S$0.5m are shown as “0”; - “nm” denotes not meaningful; - “na” denotes not applicable; - Figures may not sum to st

  3. Slide 3: Record FY25 pre-tax profit driven by broad-based growth in Non-II

    Performance highlights Record FY25 pre-tax profit driven by broad-based growth in Non-II Profit before tax S$9.12b +2% YoY ▪ Profit before tax up 2% YoY, driven by record total income and well-managed expenses Group Net Profit S$7.42b -2% YoY ➢ NII down 6% in declining interest rate environment, par

  4. Slide 4: 4Q25 net profit up 3% YoY; 12% lower QoQ from seasonality factors

    Performance highlights 4Q25 net profit up 3% YoY; 12% lower QoQ from seasonality factors Group Performance (S$m) 4Q25 YoY QoQ FY25 YoY Net Interest Income 2,296 -6% +3% 9,150 -6% Non-Interest Income 1,320 +37% -16% 5,464 +16% Total Income 3,616 +6% -5% 14,614 +1% Operating Expenses 1,559 – +3% 5,882

  5. Slide 5: Well-diversified franchise supported growth

    Performance highlights Well-diversified franchise supported growth Banking Wealth Management Profit before tax (S$m) Total Income (S$m) Group WM Income (S$m) 1/ ■ Record Group WM income, Banking WM AUM (S$b) -2% -1% 34% 38% up 14%, driven by growth 13,047 12,892 +15% across all wealth products +14%

  6. Slide 6: Earnings diversified across businesses and geographies

    Performance highlights Earnings diversified across businesses and geographies Operating Profit by Key Businesses 1/ Operating Profit by Geography Others Insurance 7% 17% FY25 Greater China FY25 15% 6% FY24 21% FY24 20% Global 7% 11% Global Markets Wholesale 51% 46% Banking 52% Singapore 6% 56% 27% 6

  7. Slide 7: Group Performance Trends

    Agenda 01 Financial Highlights 02 Group Performance Trends

  8. Slide 8: FY25 NII supported by continued asset growth

    Net interest income FY25 NII supported by continued 1Q22 asset growth FY25 YoY 4Q25 +44% 2.15% 2.04% 1.92% 2.20% 1.91% 2Q23 YoY -6% 1.84% 1.86% YoY -6% QoQ QoQ +44% Net Interest Margin +3% 9,755 9,150 2,455 ■ FY25 and 4Q25 NII lower 2,345 2,283 2,226 2,296 YoY mainly due to sharp Net Interest Income

  9. Slide 9: Record FY25 Non-II driven by broad-based growth

    Non-interest income Record FY25 Non-II driven by broad-based growth FY25 YoY 4Q25 +44% 2Q23 YoY +37% YoY +16% QoQ 41.4% 36.5% 37.4% QoQ +44% -16% 35.8% 35.6% % of Group Income 32.6% 28.1% ■ FY25 and 4Q25 Non-II up 5,464 YoY, lifted by strong fee, trading and insurance 4,718 1,069 income Non-interest

  10. Slide 10: FY25 fees surged to a new high of S$2.41b

    Non-interest income FY25 fees surged to a new high of S$2.41b FY25 YoY 4Q25 +44% 2Q23 YoY +16% YoY +22% QoQ QoQ +44% -12% 2,411 ■ FY25 record fee income; broad-based growth led by 284 33% increase in WM fees Net Fees & Commissions (S$m) 1,970 143 272 ■ FY25 WM fees at all-time Others 2/ 683 550 high

  11. Slide 11: FY25 double-digit growth in trading income driven by record customer flow income

    Non-interest income FY25 double-digit growth in trading income driven by record customer flow income FY25 YoY 4Q25 +44% 2Q23 YoY +30% YoY +10% QoQ QoQ +44% -24% 1,684 ■ FY25 and 4Q25 trading 1,537 income up YoY, from stronger 353 customer flow treasury income across wealth and corporate 518 425 segm

  12. Slide 12: FY25 expenses well managed, up 2% YoY; CIR at 40%

    Operating expenses FY25 expenses well managed, up 2% YoY; CIR at 40% FY25 YoY 4Q25 +44% 2Q23+2% YoY unchanged YoY QoQ QoQ +44% +3% 45.7% 43.1% Cost-to-income (CIR) 40.0% 39.1% 39.7% 40.2% 38.7% ■ FY25 expenses grew 2% YoY, mainly from higher staff 5,742 5,882 and technology costs to support growth 7

  13. Slide 13: Sustained loan growth momentum, up 9% YoY

    Loans Sustained loan growth momentum, up 9% YoY Loans by Geography Loans by Industry YoY YoY +7% +44% +7% Dec 25 2Q23 QoQ QoQ +44% +4% (S$b) +9% in constant ccy terms +4% +4% in constant ccy terms 9% 21% 7% ■ Corporate, SME and 341 9% 319 322 325 327 7% 21% Rest of the world 75 5% Consumer/Private B

  14. Slide 14: NPL ratio stable at 0.9% for 7 consecutive quarters

    Asset quality NPL ratio stable at 0.9% for 7 consecutive quarters YoY YoY +13% +44% Non-performing assets (NPAs) 4Q24 3Q25 4Q25 FY24 FY25 Dec 25 2Q23 QoQ QoQ +44% +9% (S$m) At start of period 2,797 3,009 2,989 2,901 2,869 ■ New corporate NPA formation remained fairly stable Corporate/ Commercial Ban

  15. Slide 15: Strong asset quality, FY25 credit costs lower at 17bps

    Allowances Strong asset quality, FY25 credit costs lower at 17bps FY25 YoY 4Q25 +44% Credit costs (bps) 1/ 24 2Q23 YoY -4% 21 16 20 19 17 YoY -4% QoQ +44% Total 12 QoQ +44% 23 ■ FY25 allowances down 4% 15 11 7 16 14 14 Impaired YoY mainly from lower allowances for non-impaired assets 690 665 ■ 4Q25

  16. Slide 16: NPA coverage ratio at 151%

    Allowances NPA coverage ratio at 151% YoY YoY +8% +44% 159% 162% 160% Dec 25 2Q23 156% QoQ QoQ +44% +3% Total NPA coverage 151% Allowances for non-impaired 0.9% 0.9% 0.9% 0.9% 0.9% ■ Cumulative allowances loans / Performing loans higher YoY and QoQ; NPA coverage ratio lower due to increase in NPAs 4

  17. Slide 17: Deposits up QoQ and YoY driven by CASA growth

    Deposits Deposits up QoQ and YoY driven by CASA growth YoY YoY +10% +44% 80.7% 78.9% 78.7% 78.6% 78.6% Dec 25 2Q23 Group LDR QoQ QoQ +44% +4% 82.1% 79.8% 78.8% 79.1% ■ CASA deposits increased 78.5% SGD LDR YoY across Corporate, SME and Consumer 50.7% 51.8% 49.3% 47.2% 49.2% segments USD LDR 428 ■ CA

  18. Slide 18: Strong liquidity and funding position

    Balance sheet Strong liquidity and funding position Loans-to-Deposits Ratio Funding Group LDR (%) Composition ■ Stable funding base with Customer deposits 11% 80% from customer deposits Bank deposits 6% Debts issued 3% S$536b ■ Strong credit ratings of Aa1 Capital and reserves Dec 25 80% from Moody’

  19. Slide 19: Robust capital position to drive growth and support shareholder returns

    Capital Robust capital position to drive growth and support shareholder returns YoY YoY -0.2ppt +44% 17.6 Dec 25 2Q23 17.1 17.0 16.9 16.9 Transitional 1/ QoQ QoQ +44% unchanged CET1 CAR 1.8 2.1 1.7 1.9 1.8 ■ Lower CET1 CAR YoY, as profit accretion was offset CET1 CAR (%) 15.3 15.5 15.3 Fully phased-

  20. Slide 20: FY25 total dividend payout ratio at 60%; committed to complete S$2.5b capital return plan

    Dividend FY25 total dividend payout ratio at 60%; committed to complete S$2.5b capital return plan by FY26 ■ 60% total dividend payout 60% 60% Dividend payout ratio 53% 53% ratio, in line with the capital 49% Full Year (including special) return plan announced 50% 50% previously Full Year Interim 50

  21. Slide 21: 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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