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$PBBANK(1295.MY$
Higher operating costs, combined with increased loan provisions, drove the net profit of PBBANK (PBBANK, 1295, Main Board Financial Stock) down 3.54% year-on-year to RM1,653,349,000 in the first quarter of fiscal year 2024.
The revenue for the first quarter was 10.97% from the year to RM6.79 billion 4723,000.
According to the statement, the bank's total loan volume as of the end of March increased by 6.3% per year and continues to maintain its dominant position in the financing market.
As for total deposits, the annual increase was 7.1%, of which domestic deposits increased 7.3% to RM391.9 billion.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
Higher operating costs, combined with increased loan provisions, drove the net profit of PBBANK (PBBANK, 1295, Main Board Financial Stock) down 3.54% year-on-year to RM1,653,349,000 in the first quarter of fiscal year 2024.
The revenue for the first quarter was 10.97% from the year to RM6.79 billion 4723,000.
According to the statement, the bank's total loan volume as of the end of March increased by 6.3% per year and continues to maintain its dominant position in the financing market.
As for total deposits, the annual increase was 7.1%, of which domestic deposits increased 7.3% to RM391.9 billion.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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Toronie
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Hey all, Cici receives a lot of feedback from mates stating that moomoo has a lot of features that they simply don't know about without digging in, and newbies can get lost.🗺️
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Hey there, mooers! Welcome back to "What's new in moomoo"!
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