OCBC Stock (SGX: O39) Near Record Highs on 5 December 2025: Dividend Yield, WeChat Pay Catalyst and 2026 Bank Earnings Risk
OCBC shares closed at S$18.84 on 5 December 2025, just below record highs after a 10% rally since mid-November. Q3 net profit rose to S$1.98 billion, up 9% from the previous quarter, despite a drop in net interest margin to 1.84%. Management warned of thinner margins in 2025 and will appoint a new Group CEO on 1 January 2026. Market cap stands at about S$85 billion.