The Singapore-headquartered bank said that its wealth management results delivered a higher slice of overall group income than in the previous quarter.

On Friday, OCBC, parent of Bank of Singapore, reported S$1.987 billion ($1.53 billion) in net profit in the third quarter of 2025, unchanged on the same period a year earlier. 

The bank noted a particularly strong result in wealth management fees, saying that this side of the firm made up a higher share of total OCBC income.

Income totalled S$3.796 billion, little changed on a year earlier; operating costs rose 4 per cent to S$1.519 billion. Allowances dipped 18 per cent to S$139 million.

Net fee income rose by 18 per cent to S$683 million, led by a 35 per cent rise in wealth management fees, reflecting strong customer activities across a broad range of products. Loan and trade-related, fund management and brokerage fees were also higher, Singapore-headquartered OCBC said in a statement.

“We delivered a strong set of third quarter results, which underscored the resilience of our diversified banking, wealth management and insurance franchise,” Helen Wong, group CEO, said. “Our solid performance this quarter was underpinned by continued growth in customer activities and wealth AuM, which lifted fee and trading income. Insurance also delivered higher profit contribution.”

OCBC’s wealth management income, comprising income from private banking, premier private client, premier banking, insurance, asset management and stockbroking, was S$1.62 billion, rising 25 per cent from the second quarter of 2025.

Group wealth management income accounted for 43 per cent of total income, higher than 37 per cent in Q2 2025. Banking wealth management AuM grew 8 per cent from a quarter ago to a record high of S$336 billion, supported by net new money inflows and positive market valuation.