OCBC posts record income but lower profit in 2025 as CEO Helen Wong exits
OCBC Group reported mixed financial results for 2025, with record income but a slight drop in net profit. The bank also announced changes in leadership, as Helen Wong stepped down as CEO at the end of the year. Shareholders will receive higher dividends as part of an ongoing capital return plan.
OCBC's total income for 2025 reached a new high of S$14.6 billion, up 1 percent from 2024. However, net profit dipped to S$7.42 billion, down from S$7.59 billion the previous year. Growth was driven by non-interest income, which climbed 16 percent to S$5.46 billion, while wealth management fees surged 33 percent.
The bank proposed a final ordinary dividend of S$0.42 per share, along with a special dividend of S$0.16 per share. Total dividends for the year amounted to S$0.99 per share, maintaining a 60 percent payout ratio. This forms part of OCBC's S$2.5 billion capital return plan, set to complete by the end of 2026. Helen Wong's total remuneration for 2025 fell 6.3 percent to S$12 million, matching UOB CEO Wee Ee Cheong's package. Her pay included a S$1.2 million base salary, a S$6.3 million cash bonus, S$4.2 million in deferred shares, and S$323,000 in other benefits. DBS CEO Tan Su Shan, in her first year, earned S$9.6 million. Wong retired as Group CEO on 31 December 2025, with Tan Teck Long succeeding her from 1 January 2026.
OCBC's 2025 results show steady income growth despite a slight profit decline. Shareholders will benefit from increased dividends, while the bank remains on schedule for its capital return programme. Leadership has now transitioned to Tan Teck Long following Helen Wong's departure.
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