Overview of OCBC Bank's financials

Financial results

Financial calendar

  • 21 February 2020

    2019 Full Year Results

    Announcement of financial results for the Full Year of 2019

  • 8 May 2020

    2020 First Quarter Results

    Announcement of financial results for the First Quarter of 2020

  • 7 August 2020

    2020 Half Year Results

    Announcement of financial results for the Half Year of 2020

  • 5 November 2020

    2020 Third Quarter Results

    Announcement of financial results for the Third Quarter of 2020

Historical financial highlights

  • Income Statement (S$ million)

    2019Income Statement (S$ million)Income Statement (S$ million)
    2019 2018 2017 1/ 2016 2015 2014 2013 2012 2011 2010
    Total Income 10,871 9,701 9,528 8,489 8,722 8,340 6,621 7,961 5,661 5,325
    Operating Expenses 4,644 4,214 4,034 3,788 3,664 3,258 2,784 2,695 2,430 2,254
    Operating Profit before Allowances and Amortisation 6,227 5,487 5,485 4,701 5,058 5,082 3,837 5,266 3,231 3,071
    Allowances for Loans and Other Assets 890 288 671 726 488 357 266 271 221 134
    Profit Attributable to Equity Holders of the Bank 4,869 4,492 4,045 3,473 3,903 3,842 2,768 3,993 2,312 2,253
    Excluding non-core gains (S$ million)
    Total Core Income 10,871 9,701 9,528 8,489 8,722 7,949 6,621 6,645 5,622 5,325
    Core Operating Profit 6,227 5,487 5,485 4,701 5,058 4,691 3,837 3,950 3,192 3,071
    Core Net Profit 4,960 4,492 4,045 3,473 3,903 3,451 2,768 2,825 2,280 2,253
    • 2019
    • 2018
    • 2017 1/
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    2019 2018 2017 1/ 2016 2015 2014 2013 2012 2011 2010
    Total Income 10,871 9,701 9,528 8,489 8,722 8,340 6,621 7,961 5,661 5,325
    Operating Expenses 4,644 4,214 4,034 3,788 3,664 3,258 2,784 2,695 2,430 2,254
    Operating Profit before Allowances and Amortisation 6,227 5,487 5,485 4,701 5,058 5,082 3,837 5,266 3,231 3,071
    Allowances for Loans and Other Assets 890 288 671 726 488 357 266 271 221 134
    Profit Attributable to Equity Holders of the Bank 4,869 4,492 4,045 3,473 3,903 3,842 2,768 3,993 2,312 2,253
    Excluding non-core gains (S$ million)
    Total Core Income 10,871 9,701 9,528 8,489 8,722 7,949 6,621 6,645 5,622 5,325
    Core Operating Profit 6,227 5,487 5,485 4,701 5,058 4,691 3,837 3,950 3,192 3,071
    Core Net Profit 4,960 4,492 4,045 3,473 3,903 3,451 2,768 2,825 2,280 2,253

  • Balance Sheet (S$ million)

    2019Balance Sheet (S$ million)Balance Sheet (S$ million)
    2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    Total Assets 491,691 467,543 452,693 409,884 390,190 401,226 338,448 295,943 277,758 229,283
    Assets excluding life insurance fund investment assets 404,353 390,676 378,766 347,911 333,207 343,940 285,043 243,672 228,670 181,797
    Non-bank Customer Loans (net of allowances) 262,045 255,193 234,141 216,830 208,218 207,535 167,854 142,376 133,557 104,989
    Non-bank Customer Deposits 302,851 295,412 283,642 261,486 246,277 245,519 195,974 165,139 154,555 123,300
    Ordinary Shareholder's Equity 45,662 40,637 37,528 35,507 33,053 29,701 23,720 22,909 20,675 18,894
    Total Equity Attributable to Equity Holders of the Bank 47,162 42,137 39,028 37,007 34,553 31,097 25,115 25,804 22,571 20,790
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    Total Assets 491,691 467,543 452,693 409,884 390,190 401,226 338,448 295,943 277,758 229,283
    Assets excluding life insurance fund investment assets 404,353 390,676 378,766 347,911 333,207 343,940 285,043 243,672 228,670 181,797
    Non-bank Customer Loans (net of allowances) 262,045 255,193 234,141 216,830 208,218 207,535 167,854 142,376 133,557 104,989
    Non-bank Customer Deposits 302,851 295,412 283,642 261,486 246,277 245,519 195,974 165,139 154,555 123,300
    Ordinary Shareholder's Equity 45,662 40,637 37,528 35,507 33,053 29,701 23,720 22,909 20,675 18,894
    Total Equity Attributable to Equity Holders of the Bank 47,162 42,137 39,028 37,007 34,553 31,097 25,115 25,804 22,571 20,790

  • Ratios (%)

    2019Ratios (%)Ratios (%)
    2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    Cost-to-Income 42.7 43.4 42.4 44.6 42.0 39.1 42.0 33.8 42.9 42.3
    Cost-to-Income excluding non-core gains 42.7 43.4 42.4 44.6 42.0 41.0 42.0 40.6 43.2 42.3
    Loans-to-Deposits 86.5 86.4 82.5 82.9 84.5 84.5 85.7 86.2 86.4 85.1
    Non-performing Loans Ratio 1.5 1.5 1.5 1.3 0.9 0.6 0.7 0.8 0.9 0.9
    Return on Equity (ROE) 11.2 11.5 11.0 10.0 12.3 14.8 11.6 17.9 11.3 12.1
    Core ROE 11.4 11.5 11.0 10.0 12.3 13.2 11.6 12.5 11.1 12.1
    Core Return on Assets 1.26 1.17 1.11 1.03 1.14 1.11 1.05 1.19 1.09 1.32
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    Cost-to-Income 42.7 43.4 42.4 44.6 42.0 39.1 42.0 33.8 42.9 42.3
    Cost-to-Income excluding non-core gains 42.7 43.4 42.4 44.6 42.0 41.0 42.0 40.6 43.2 42.3
    Loans-to-Deposits 86.5 86.4 82.5 82.9 84.5 84.5 85.7 86.2 86.4 85.1
    Non-performing Loans Ratio 1.5 1.5 1.5 1.3 0.9 0.6 0.7 0.8 0.9 0.9
    Return on Equity (ROE) 11.2 11.5 11.0 10.0 12.3 14.8 11.6 17.9 11.3 12.1
    Core ROE 11.4 11.5 11.0 10.0 12.3 13.2 11.6 12.5 11.1 12.1
    Core Return on Assets 1.26 1.17 1.11 1.03 1.14 1.11 1.05 1.19 1.09 1.32

  • Per Ordinary Share (S$) 2/

    2019Per Ordinary Share (S$) <sup>2/<sub>Per Ordinary Share (S$) <sup>2/<sub>
    2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    Basic Earnings 1.12 1.06 0.95 0.82 0.95 1.03 0.76 1.10 0.64 0.64
    Basic Core Earnings 1.14 1.06 0.95 0.82 0.95 0.92 0.76 0.77 0.63 0.64
    Dividend (cents) 53.0 43.0 37.0 36.0 36.0 36.0 34.0 33.0 30.0 30.0
    Net asset value before revaluation surplus 10.38 9.56 8.96 8.49 8.03 7.46 6.99 6.79 6.20 5.88
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    Basic Earnings 1.12 1.06 0.95 0.82 0.95 1.03 0.76 1.10 0.64 0.64
    Basic Core Earnings 1.14 1.06 0.95 0.82 0.95 0.92 0.76 0.77 0.63 0.64
    Dividend (cents) 53.0 43.0 37.0 36.0 36.0 36.0 34.0 33.0 30.0 30.0
    Net asset value before revaluation surplus 10.38 9.56 8.96 8.49 8.03 7.46 6.99 6.79 6.20 5.88


1/ 2017 figures were restated with the adoption of Singapore Financial Reporting Standards (International) (SFRS(I)).
2/ Figures prior to 2014 were adjusted for the effects of the 1-for-8 rights issue, effected on 26 September 2014.

Download Historical Financials (36KB)

FAQs
Common questions
When does OCBC release its financial results?

Our quarterly results are released within 45 days of the close of the quarter and audited results within 2 months of the financial year ending on 31 December. Please view our Financial Calendar for results announcement information.

Where can I get a copy of OCBC's financial results?

Past financial results can be found in the Financial Results section.

Where can I get a copy of the annual report?

Softcopies may be downloaded from the Annual report and AGM section.

Where can I view OCBC's results briefing?

Webcast link for the latest half year/full year results briefing can be found in the Financial Results section.