SINGAPORE - OCBC Bank on Feb 26 announced it will return $2.5 billion of capital to shareholders over two years via special dividends and share buybacks, as the bank delivered a record profit of $ ...
OCBC was the only bank to miss forecasts in an otherwise strong fourth quarter earnings season for Singapore banks, which declared multi-billion capital return packages alongside their financial ...
SHARES of OCBC fell in early trading on Wednesday (Feb 26) morning after the lender posted a net profit for the fourth quarter that fell short of consensus estimates. As at 9.10 am, the counter fell 2 ...
OCBC on Wednesday (Feb 26) posted a net profit of S$1.69 billion for the fourth quarter ended December, up 4 per cent from S$1.62 billion in the previous corresponding period. The earnings fell short ...
Follow us on Facebook and join our Telegram channel for the latest updates. Oversea-Chinese Banking Corporation’s (OCBC) has posted record full-year net profit of $7.59 billion for FY2024 ended Dec 31 ...
OCBC announced its earnings for the fourth quarter of 2024 (4Q24). Key highlights include: • Net profit of S$1.69 billion in 4Q24, 4% higher compared to the previous year, but below consensus ...
OCBC was the only bank to miss forecasts in an otherwise strong fourth quarter earnings season for Singapore banks, which declared multi-billion capital return packages alongside their financial ...
OCBC's capital return announced on Wednesday comprises special dividends amounting to 10% of its 2024 and 2025 net profit, with the balance via share buybacks over two years. OCBC, which is also ...
Total dividend of $1.01 per share for FY2024 represents a total payout ratio of 60% for the year. Oversea-Chinese Banking Corporation’s (OCBC) has posted record full-year net profit of $7.59 billion ...
SINGAPORE, Feb 26 (Reuters) - Singapore's second-largest bank, Oversea-Chinese Banking Corp (OCBC.SI), opens new tab, on Wednesday joined rivals in declaring multi-billion capital returns ...
This was “on the back of robust travel demand and SIA’s sustained lead in capacity post-reopening (of air travel),” says OCBC equity research team analyst, Ada Lim, in her Feb 24 report. The record ...