[New post] UOBKH: OCBC – BUY (3Q21 Flash Note)

alanyeo posted: " OCBC reported net profit of S$1,224m for 3Q21, marginally above our forecast of S$1,163m.Loans expanded 6% yoy and 4% qoq. NIM narrowed 2bp yoy and 6bp qoq to 1.52%.Fee income grew 14% yoy driven by higher volume of customer transactions and business act" New post on Alpha Edge Investing UOBKH: OCBC – BUY (3Q21 Flash Note) by alanyeo OCBC reported net profit of S$1,224m for 3Q21, marginally above our forecast of S$1,163m. Loans expanded 6% yoy and 4% qoq. NIM narrowed 2bp yoy and 6bp qoq to 1.52%. Fee income grew 14% yoy driven by higher volume of customer transactions and business activities. Wealth Management fees increased 18% yoy and 3% qoq. Bank […] Read more of this post alanyeo | November 3, 2021 at 3:15 pm | Tags: OCBC | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5Og 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/uobkh-ocbc-buy-3q21-flash-note%ef%bf%bc/