OCBC stock: DBS Bank sets target for OCBC stock at SGD 32.50

Published on 10/23/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit rose 13.00 percent to SGD 4.19 billion. OCBC stock costs EUR 20.17 on October 23, 2026 at 3:07 p.m. CEST.

Analyst target and earnings

On October 18, 2026, DBS Bank set an SGD 32.50 target for OCBC.
First-half 2026 net profit rose 13.00 percent to SGD 4.19 billion.
OCBC stock was EUR 20.17 at Lang & Schwarz on October 23, 2026 at 3:07 p.m. CEST.
OCBC will report third-quarter 2026 results on November 5, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

OCBC (ISIN SG1S04926220) received a new SGD 32.50 price target from DBS Bank on October 18, 2026, while first-half 2026 net profit rose 13.00 percent year over year to SGD 4.19 billion. MarketScreener reported the target change. At Lang & Schwarz, the stock was trading at EUR 20.17 on October 23, 2026 at 3:07 p.m. CEST.

Target range reflects divided views

The DBS target sits below the SGD 35.70 objective that UOB Kay Hian maintained with a Buy rating on October 12, 2026. Markets Insider reported that UOB Kay Hian retained the rating and target. The two targets frame a SGD 3.20 difference in analyst expectations.

First-half profit reached SGD 4.19 billion

OCBC's first-half 2026 net profit reached SGD 4.19 billion, up 13.00 percent from the prior-year period. The bank's second-quarter net profit was SGD 2.20 billion, an increase of 22.00 percent from the second quarter of 2025, according to the Yahoo Finance transcript of the August 7, 2026 results briefing.

Stock valuation and reporting date

The Singapore-listed bank was last quoted at SGD 29.00 on October 23, 2026 at 5:15 p.m. SGT. Its market capitalization was SGD 130.4 billion, its price-to-earnings ratio was 16.67, and its 52-week range was SGD 16.74 to SGD 32.57. The quote stood 10.96 percent below the 52-week high.

MarketScreener lists November 5, 2026 as OCBC's third-quarter 2026 earnings date. The date gives investors a defined near-term checkpoint after the first-half profit increase and the competing analyst targets.

Comparison with peers

OCBC: SGD 29.00 on Singapore Exchange, price-to-earnings ratio 16.67, market capitalization SGD 130.4 billion.

DBS Group: SGD 74.44 on Singapore Exchange, price-to-earnings ratio 18.85, market capitalization SGD 211.7 billion.

United Overseas Bank: SGD 41.59 on Singapore Exchange, price-to-earnings ratio 10.66, market capitalization SGD 68.6 billion.

What the targets mean for OCBC

The target spread places OCBC between a more cautious DBS view and the higher UOB Kay Hian objective. Profit growth remains the central operating figure, but the November 5 reporting date will provide the next period-specific test of earnings momentum.

The stock was trading at EUR 20.17 at Lang & Schwarz on October 23, 2026 at 3:07 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of OCBC stock.