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OCBC keeps 2025 earnings guidance amid uncertainties; Q1 profit falls 5% but beats forecast

The Straits Times LogoThe Straits Times19h ago

OCBC keeps 2025 earnings guidance amid uncertainties; Q1 profit falls 5% but beats forecast - The Straits Times

Quick Summary:

OCBC maintained its 2025 financial targets, including net interest margin in the region of 2 per cent.

DBS on May 8 reported a 2 per cent fall in first-quarter net profit but mostly maintained its earnings guidance for 2025.

Return on equity fell to 13 per cent in the first quarter, from 14.7 per cent a year ago.

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Article Details

Author / Journalist: Sheila Chiang

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 07:46:38 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 543 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28502839

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 13 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 9 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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The story "OCBC keeps 2025 earnings guidance amid uncertainties; Q1 profit falls 5% but beats forecast" was covered 19 hours ago by The Straits Times, a news publisher based in Singapore.

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  • URL: https://beamstart.com/news/ocbc-keeps-2025-earnings-guidance-17467537138507

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