[New post] MQ: OCBC & UOB – profits beat expectations

alanyeo posted: " Highlights from OCBC's results OCBC posted a 19% year-on-year increase in third-quarter net profit to $1.22 billion, partly driven by lower allowances amid an improving credit outlook. Its earnings topped the $1.19 billion average estimate of four ana" New post on Alpha Edge Investing MQ: OCBC & UOB – profits beat expectations by alanyeo Highlights from OCBC's results OCBC posted a 19% year-on-year increase in third-quarter net profit to $1.22 billion, partly driven by lower allowances amid an improving credit outlook. Its earnings topped the $1.19 billion average estimate of four analysts polled by Bloomberg. The group's net profit rose 5% versus the previous quarter.  OCBC's income from insurance, […] Read more of this post alanyeo | November 3, 2021 at 4:59 pm | Tags: OCBC, UOB | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5PP Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/11/03/mq-ocbc-uob-profits-beat-expectations/