[Share Link: OCBC Up 2% Post Earnings - by WealthCompass] In...
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$OCBC Bank(O39.SG$ has recently unveiled its impressive financial performance, reaching new heights in its quarterly update. The bank achieved record-breaking total income and net profit, demonstrating its ability to generate substantial revenue and deliver strong profitability. The return on equity (ROE) saw a notable quarter-on-quarter increase, reaching an impressive 14.7%. This signifies OCBC Bank's efficient utilization of shareholders' equity to generate higher returns. The stock was spike up 2% post earnings annoucement.
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