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OCBC Q2 Profit Soars 22% to S$2.22B, Smashing Estimates as Non-Interest Income Surges 51%

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‼️ BREAKING: OCBC (SGX:OCBC) clocked a stronger-than-expected jump in its second quarter net profit on Friday. Net profit for the three months to June 30 rose 22% year-on-year to S$2.22 billion ($1.73 billion). The print was higher than Bloomberg estimates of S$1.95 billion. Net interest income fell 1% year-on-year to S$2.26 billion. But non-interest income surged 51% year-on-year to S$1.91 billion. Fees and commissions, trading income, and insurance-related income all rose sharply in the quarter. OCBC declared an interim dividend of 47 cents per share, up from 41 cents a year ago

UOB Q2 Profit Jumps 10% to S$1.48B as Fee Income Surges, NIM Guidance Held Steady

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‼️ BREAKING: Singapore’s United Overseas Bank (UOB) (SGX:UOBH) posted a 10% rise in second-quarter net profit on Friday. Net profit for the three months ended June 30 rose to S$1.48 billion ($1.15 billion) from S$1.34 billion a year earlier. Net interest income slipped 2% to S$2.30 billion. Net fee income climbed 5% to S$665 million. Other non-interest income jumped 28%. Non-performing loan ratio remained unchanged at 1.6%, while total credit allowances fell 24% from a year earlier. UOB maintained its 2026 guidance, forecasting low single-digit loan growth and low single-digit fee income growth, with full-year net interest margin expected at 1.75%-1.80%

SoftBank Beats Profit Forecasts as Intel Stake and Vision Fund Gains Offset Losses

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📌 SoftBank Group Corp’s fiscal first-quarter profit fell less than expected, as strong gains on its Intel stake and Vision Fund investments helped offset rising costs and losses on other holdings. Softbank’s net income attributable in the three months to June 30 fell 17.7% to 347.33 billion yen ($2.20 billion). The print was nearly twice Bloomberg estimates of 165.83 billion yen