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OCBC's Net Profit Increases


OCBC Group Third Quarter 2024 Net Profit Rose 9% from the ...

Net interest income was S$2.43 billion, 1% lower than 3Q23. · Non-interest income grew 41% to S$1.37 billion from broad-based growth.

OCBC's Net Profit Increases, Wealth Results Shine - WealthBriefing

OCBC's Net Profit Increases, Wealth Results Shine ... Wealth management fee income climbed by 25 per cent on the same quarter of 2023. Oversea- ...

OCBC 3QFY2024 net profit up 9% y-o-y, 2% q-o-q to $1.97 billion

Non-interest income for 3QFY2024 grew 41% y-o-y to $1.37 billion from broad-based growth, says OCBC. Net fee income rose 10% y-o-y to $508 ...

OCBC Group net profit up 9% to $1.4B in Q3 2024 | The Asian Banker

➢ Non-interest income grew 41% to SGD 1.37 billion ($1.03 billion) from broad-based growth. • Net fee income rose 10% to SGD 508 million ($384 ...

Singapore's banks flag better loan growth in 2025 as rates drop

OCBC, Singapore's second-biggest bank after DBS Group (DBSM.SI) , opens new tab, said July-September net profit increased 9% to S$1.97 billion ...

OCBC says 2024 targets on track after Q3 profit beats forecast with 9 ...

Southeast-Asia's second-largest lender by assets after compatriot DBS said July-September net profit increased to $1.97 billion from $1.81 ...

OCBC's Q3 2024 net profit rises 9% to $1.50b

Oversea-Chinese Banking Corporation's (OCBC) third quarter (Q3 2024) net profit increased by 9% year-on-year (YoY) to $1.50b (S$1.97b). In the ...

OCBC Singapore's Q3 Net Profits Rises 9% To S$1.91 Billion

Oversea-Chinese Banking Corporation Limited reported net profit of S$1.97 billion for the third quarter of 2024 ("3Q24"), 9% higher than ...

OCBC beats forecast with 9% rise in Q3 profit to S$1.97 billion

OCBC's net profit for the third quarter ended September rose 9 per ... The higher non-interest income was led by increases in net fee ...

Third Quarter 2024 Results Press Release - OCBC

Net profit for the nine months of 2024. (“9M24”) increased 9% from a year ago (“9M23”) to S$5.90 billion. The Group's strong year-on-year ...

OCBC reports 9 pct hike in Q3 net profit y-o-y | Macau Business

Finance, Macau, MNA, MNA Featured | Oversea-Chinese Banking Corporation has reported an increase of 9 per cent in net profit to S$1.97 ...

OCBC's Q3 2024 net profit rises 9% to $1.50b | Singapore Business ...

In the January to September period, net profit also climbed 9% to $4.48b (S$5.90b). “This was driven by broad-based income growth and lower ...

OCBC's Q3 2024 net profit rises 9% to $1.50b - LongPort

Oversea-Chinese Banking Corporation (OCBC) reported a 9% year-on-year increase in net profit for Q3 2024, reaching S$1.50 billion.

Singapore bank OCBC's third-quarter net profit rises 9%, above ...

SINGAPORE (Reuters) -Singapore's second-largest bank Oversea-Chinese Banking Corp, or OCBC, reported on Friday a 9% rise in net profit in the third quarter ...

Record total income lifts OCBC's net profit to S$3.93b in H1

Interim dividend for the period is 44 cents, an increase of 4 cents. OCBC has reported a net profit of S$3.93b (approximately $2.94b) for ...

Growing Stronger, OCBC's Net Profit Rises by 25% through the ...

The 25% YoY increase in net profit was driven by a 10% YoY increase in net interest income, in line with a decrease in the provision expense for ...

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets

OCBC maintained its 2024 earnings guidance of net interest margin (NIM) in the range of 2.20% to 2.25%, low single-digit loan growth, credit ...

Reuters Business on X: "Singapore bank OCBC's third-quarter net ...

Singapore bank OCBC's third-quarter net profit rises 9%, above forecast https://t.co/vq2UHtFC4E.

OCBC's Net Profit Hits New High - finews.asia

OCBC's board declared an interim dividend of S$0.44, marking a 10 percent year-on-year increase. This represents a payout ratio of 50 percent of ...

OCBC net profit surged to $1.4B in Q1 2024 - The Asian Banker

Income growth outpaced the increase in operating expenses, which drove an improvement in cost-to-income ratio (CIR) to 37.1%, while credit costs ...