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    O39   SG1S04926220

OVERSEA-CHINESE BANKING CORPORATION LIMITED

(O39)
  Report
Delayed Singapore Stock Exchange  -  05/24 01:49:07 am EDT
11.70 SGD   -0.17%
05/06Oversea-Chinese Banking Corporation Limited commences an Equity Buyback Plan for 224,576,932 shares, representing 5% of its issued share capital, under the authorization approved on April 22, 2022.
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05/06OVERSEA-CHINESE BANKING CORPORATION LIMITED : Ex-dividend day for final dividend
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05/05RHB Adjusts Oversea-Chinese Banking's Price Target to S$13.90 From S$14.40, Keeps at Buy
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Singapore lender OCBC Q3 profit rises 19%, beats estimates

11/02/2021 | 06:12pm EDT

SINGAPORE, Nov. 3 (Reuters) - Singapore's second-largest lender Oversea-Chinese Banking Corp reported a better-than-expected 19% rise in quarterly net profit on Wednesday, supported by lower provisions for credit losses.

Net profit rose to S$1.22 billion ($904.5 million) in July-September from S$1.03 billion a year earlier and versus the average estimate of S$936 million of four analysts, according to data from Refinitiv. ($1 = 1.3488 Singapore dollars) (Reporting by Anshuman Daga; Editing by Muralikumar Anantharaman)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
MSCI SINGAPORE (GDTR) -1.21% 5577.06 Real-time Quote.-10.08%
OVERSEA-CHINESE BANKING CORPORATION LIMITED -0.17% 11.7 Delayed Quote.2.81%
All news about OVERSEA-CHINESE BANKING CORPORATION LIMITED
05/06Oversea-Chinese Banking Corporation Limited commences an Equity Buyback Plan for 224,57..
CI
05/06OVERSEA-CHINESE BANKING CORPORATION : Ex-dividend day for final dividend
FA
05/05RHB Adjusts Oversea-Chinese Banking's Price Target to S$13.90 From S$14.40, Keeps at Bu..
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05/02Maybank Securities Upgrades OCBC to Buy From Hold, Keeps Price Target at SG$14.04
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04/29Singapore Shares End Week Higher, OCBC Climbs 4% Despite Posting 10% Drop in Q1 Profit
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04/29OCBC's Net Profit Plummets 10% in Q1; Shares Climb 4%
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04/29TRANSCRIPT : Oversea-Chinese Banking Corporation Limited, Q1 2022 Pre Recorded Earnings Ca..
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04/28Singapore's Top Two Banks, DBS and OCBC, Trade Higher After Earnings
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04/28OVERSEA CHINESE BANKING : First Quarter 2022 Results Press Release (178KB)
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04/28OVERSEA CHINESE BANKING : First Quarter 2022 Results Highlights (474KB)
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Analyst Recommendations on OVERSEA-CHINESE BANKING CORPORATION LIMITED
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Financials
Sales 2022 11 279 M 8 213 M 8 213 M
Net income 2022 5 390 M 3 925 M 3 925 M
Net Debt 2022 - - -
P/E ratio 2022 9,82x
Yield 2022 4,91%
Capitalization 52 708 M 38 384 M 38 384 M
Capi. / Sales 2022 4,67x
Capi. / Sales 2023 4,19x
Nbr of Employees 30 809
Free-Float 71,7%
Chart OVERSEA-CHINESE BANKING CORPORATION LIMITED
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Technical analysis trends OVERSEA-CHINESE BANKING CORPORATION LIMITED
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 21
Last Close Price 11,72 SGD
Average target price 14,02 SGD
Spread / Average Target 19,7%
EPS Revisions
Managers and Directors
Pik Kuen Wong Chief Executive Officer
Siew Peng Tan Chief Financial Officer & Executive Vice President
Sang Kuang Ooi Chairman
Khiang Tong Lim Group COO, Head-Operations & Technology
Loretta Yuen EVP, Head-Group Legal & Regulatory Compliance