The quarterly performance was supported by OCBC’s diversified income streams across banking, wealth management and insurance.
Oversea-Chinese Banking Corporation (OCBC) (SGX:O39
) has reported record net profit (or earnings) of $1.88 billion for the 1QFY2023 ended March 31, 39% higher y-o-y and 44% higher q-o-q.
Earnings per share (EPS) rose by 38.8% y-o-y to $1.68 on a fully diluted basis.
