Last $9.83 SGD
Change Today +0.04 / 0.41%
Volume 2.0M
OCBC On Other Exchanges
Symbol
Exchange
Singapore
OTC US
OTC US
Frankfurt
As of 10:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

oversea-chinese banking corp (OCBC) Snapshot

Open
$9.80
Previous Close
$9.79
Day High
$9.86
Day Low
$9.80
52 Week High
11/18/13 - $10.30
52 Week Low
02/4/14 - $8.80
Market Cap
38.7B
Average Volume 10 Days
4.7M
EPS TTM
$0.91
Shares Outstanding
3.9B
EX-Date
08/25/14
P/E TM
10.8x
Dividend
$0.34
Dividend Yield
3.45%
Current Stock Chart for OVERSEA-CHINESE BANKING CORP (OCBC)

Related News

No related news articles were found.

oversea-chinese banking corp (OCBC) Related Businessweek News

View More BusinessWeek News

oversea-chinese banking corp (OCBC) Details

Oversea-Chinese Banking Corporation Limited offers various financial and wealth management products and services primarily in Singapore, Malaysia, Indonesia, and Greater China. Its Global Consumer/Private Banking segment provides a range of products and services to individual customers, including deposit products, such as checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management services, estate and trust planning, and wealth structuring to high net worth individuals. The company’s Global Corporate/Investment Banking segment provides products and services to institutional customers, such as project financing, overdrafts, and trade financing; deposit accounts and fee-based services comprising cash management and custodian services; and investment banking services, including financing solutions, syndicated loans and advisory services, corporate finance services for initial public offerings, secondary fund-raising, and takeovers and mergers, as well as customized and structured equity-linked financing. Its Global Treasury and Markets segment is involved in foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provides structured treasury products and financial solutions to meet customers’ investment and hedging needs. The company’s Insurance segment provides life and general insurance products primarily in Singapore and Malaysia. Its Others segment is involved in property and investment holding activities. As of April 30, 2014, the company had a network of approximately 460 branches and representative offices in 17 countries and territories. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is based in Singapore.

25,533 Employees
Last Reported Date: 08/4/14
Founded in 1912

oversea-chinese banking corp (OCBC) Top Compensated Officers

Group Chief Executive Officer, Executive Dire...
Total Annual Compensation: $5.7M
Compensation as of Fiscal Year 2013.

oversea-chinese banking corp (OCBC) Key Developments

Oversea-Chinese Banking And Great Eastern To Conduct Exclusive Discussions With Charoen For Sale In United Engineers And WBL

Oversea-Chinese Banking Corporation Limited (SGX:O39) (OCBC) and Great Eastern Holdings Limited (SGX:G07) (GEH) entered into an exclusivity agreement with Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi, whereby Charoen and Khunying may or may not offer to acquire stakes in United Engineers Limited (SGX:U04) and WBL Corporation Limited. OCBC and GEH will enter into discussions on an exclusive basis with Charoen and Khunying in relation to the possible transaction. The period of exclusivity will commence from August 26, 2014 and will expire on the date falling six weeks from the date that due diligence access on the United Engineers group of companies is granted to Charoen and Khunying and its representatives/advisors by the Board of Directors of United Engineers.

Charoen Sirivadhanabhakdi Reportedly In Talks To Buy United Engineers

Oversea-Chinese Banking Corporation Limited (SGX:O39) is in talks to sell stake in United Engineers Limited (SGX:U04) to Charoen Sirivadhanabhakdi, Bloomberg reported citing people familiar with the matter. The discussions are at an early stage. Soammaphat Traisorat, Chief Executive Officer of Charoen Sirivadhanabhakdi's TCC Land Company Limited, didn’t respond to phone calls or e-mails seeking comment. Spokesmen for Oversea-Chinese Banking Corporation Limited declined to comment.

Oversea-Chinese Banking Corporation Limited Announces an Interim Tax Exempt Dividend for the First Half-Year 2014; Reports Unaudited Consolidated Earnings Results for the Second Quarter and First Half Ended June 30, 2014

Oversea-Chinese Banking Corporation Limited announced an interim tax exempt dividend of 18 cents per share has been declared for the first half-year 2014 compared to 17 cents per share paid in a year ago. The company also reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, net interest income was SGD 1,126 million against SGD 961 million, last year. This was driven by strong asset growth and improved net interest margin. Total income was at SGD 1,976 million as against SGD 1,567 million, last year. Operating profit before allowances and amortization was SGD 1,216 million against SGD 849 million, last year. Operating profit after allowances and amortization was SGD 1,136 million against SGD 751 million, last year. Profit before income tax was SGD 1,143 million against SGD 774 million, last year. Profit attributable to equity holders of the bank was SGD 597 million or SGD 15.7 per diluted share against SGD 54 million or SGD 26.1 per diluted share, last year. Return on equity on cash basis was at 15.1% against 10.2%, last year. Group net profit after tax was SGD 921 million, a 54% increase from SGD 597 million a year ago, underpinned by strong net interest income and non-interest income growth, mark-to- market gains in the insurance business and continued cost discipline. Return on assets on cash basis was at 1.29% against 0.94%, last year. Net asset value per share after valuation surplus was at SGD 9.23 against SGD 8.21 last year. Net cash from operating activities was SGD 1,232 million against net cash used of SGD 1,798 million, last year. Purchases of property, plant and equipment and investment property was at SGD 57 million against SGD 82 million, last year. The books closure date is August 27, 2014. For the six months ended June 30, 2014, net interest income was SGD 2,213 million against SGD 1,873 million, last year. This is contributed by 14% growth in interest-earning assets and a 6 basis point increase in net interest margin to 1.70%. Operating profit before allowances and amortization was SGD 2,397 million against SGD 1,765 million, last year. Operating profit after allowances and amortization was SGD 2,262 million against SGD 1,632 million, last year. Total income was at SGD 3,863 million as against SGD 3,155 million, last year. Profit before income tax was SGD 2,297 million against SGD 1,668 million, last year. Profit attributable to equity holders of the bank was SGD 1,820 million or SGD 52.0 per diluted share against SGD 1,293 million or SGD 35.9 per diluted share, last year. The group achieved a net profit after tax of SGD 1.82 billion, an increase of 41% from SGD 1.29 billion a year ago. The increase was largely contributed by higher net interest income, fee and trading income, as well as life assurance profits. Return on equity on cash basis was 15.1% as compared to 11.1% a year ago. Return on assets on cash basis was at 1.29% against 1.04%, last year. Net asset value per share after valuation surplus was SGD 9.23 against SGD 8.21 last year. Net cash used in operating activities was at SGD 1,600 million against SGD 5,648 million, last year. Purchases of property, plant and equipment and investment property was at SGD 141 million against SGD 160 million, last year.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OCBC:SP $9.83 SGD +0.04

OCBC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DBS Group Holdings Ltd $18.22 SGD +0.01
ICICI Bank Ltd 1,565 INR +35.25
KBC Groep NV €43.20 EUR +0.33
SunTrust Banks Inc $40.12 USD +0.40
United Overseas Bank Ltd $22.66 SGD +0.18
View Industry Companies
 

Industry Analysis

OCBC

Industry Average

Valuation OCBC Industry Range
Price/Earnings 10.1x
Price/Sales 4.8x
Price/Book 1.2x
Price/Cash Flow 11.4x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OVERSEA-CHINESE BANKING CORP, please visit www.ocbc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.