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Why OCBC Q3FY19 Profit Results Might Fall Double-Digit Percentage YoY (Guest Post)
By InvestingNote  •  November 1, 2019
OCBC is scheduled to announced its results on the 5th Nov (Tuesday morning) before the start of market trading.

This post was originally posted here. The writer, Brian Halim is a veteran community member and blogger on InvestingNote, with username known as 3Fs and 1800+ followers.

UOB announced its Q3 results this morning which gives a big hint of what is to come for the other two banks.

The drop in NIM and increase in NPA is worst than expected, and if not for the loan growth segment in the Singapore that helps, it might look like a worsen Q3.

This is 5 reasons why I think OCBC Q3 FY19 profit results are going to fall double-digit in terms of percentage year on year.

1) Net Interest Margin Compressed QoQ and YoY

In FY18, OCBC’s Net Interest Income contributes 60% to their total revenue while Non-Interest Income contributes the rest of the

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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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