OCBC Earnings Misses: Will DBS or UOB Continue to Outperform?
Singapore's second-largest bank, Oversea-Chinese Banking Corp, said it expects loan growth to moderate in 2025 after posting a smaller-than-expected rise in fourth quarter profit and unveiling a S$2.5 billion capital return.
OCBC was the only bank to miss forecasts in an otherwise strong fourth quarter earnings season for Singapore banks, which declared multi-billion capital return packages alongside their financial results, sending their shares to record-highs.
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