{"id":2851,"date":"2024-11-08T18:00:42","date_gmt":"2024-11-08T15:00:42","guid":{"rendered":"https:\/\/relinvestmentsgroup.com\/?p=2851"},"modified":"2024-11-09T06:03:11","modified_gmt":"2024-11-09T03:03:11","slug":"chistaya-pribyl-ocbc-v-tretem-kvartale-2024-goda-vyrosla-na-9-do-1-50-mlrd","status":"publish","type":"post","link":"https:\/\/relinvestmentsgroup.com\/en\/chistaya-pribyl-ocbc-v-tretem-kvartale-2024-goda-vyrosla-na-9-do-1-50-mlrd\/","title":{"rendered":"OCBC\u2019s Q3 2024 net profit rises 9% to $1.50b"},"content":{"rendered":"<p><\/p>\n<p class=\"p1\">Operating expenses rose 9% to $1.11b.<\/p>\n<p class=\"p1\">Oversea-Chinese Banking Corporation\u2019s (OCBC) third quarter (Q3 2024) net profit increased by 9% year-on-year (YoY) to $1.50b.<\/p>\n<p class=\"p1\">In the January to September period, net profit also climbed 9% to $4.48b.<\/p>\n<p class=\"p1\">\u201cThis was driven by broad-based income growth and lower allowances,\u201d the bank said in a release.<\/p>\n<p class=\"p1\">Non-interest income grew 41% YoY to $1.04b in Q3 2024, with notable increases in fee and trading income.<\/p>\n<p class=\"p1\">Net fee income climbed 10% YoY to $386.08m, largely due to a 25% rise in wealth management fees during the quarter.<\/p>\n<p class=\"p1\">Operating expenses rose 9% to $1.11b in the quarter, largely due to business volume growth and digitalisation initiatives.<\/p>\n<p class=\"p1\">On an annualised basis, earnings per share increased to $1.31.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Operating expenses rose 9% to $1.11b. Oversea-Chinese Banking Corporation\u2019s (OCBC) third quarter (Q3 2024) net profit increased by 9% year-on-year (YoY) to $1.50b. In the January to September period, net profit also climbed 9% to $4.48b. \u201cThis was driven by broad-based income growth and lower allowances,\u201d the bank said in a release. Non-interest income grew [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/11\/OCBC-1-1140x445.webp",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/11\/OCBC-1-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/11\/OCBC-1-300x200.webp",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/11\/OCBC-1.webp",2000,1333,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=2851"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2851\/revisions"}],"predecessor-version":[{"id":2853,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2851\/revisions\/2853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/2852"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=2851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=2851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=2851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}