DBS, OCBC & UOB Averaged 47% Net Profit Growth in 9MFY21
The trio of STI banks have averaged 27% total returns in the 2021 YTD, in-line with global bank benchmarks. Earlier this month, the trio...
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DBS Group Holdings â Pushing The Envelope
DBS: DBS reported flat 3Q21 QOQ results. Accounting for the unnecessary negative loss provision of SGD 70 mn (down 188.6%) while credit was weaker,...
463 Views
State Bank of India â Not A Prudent Move
SBI: SBI reported a QOQ FY 2Q22 results increase of 17.3%. A provision cut of 98% was unjustified, only serving to offset frontloaded pension...
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Oversea Chinese Banking Corp.- Negative Jaws & Weaker Credit
OCBC: OCBC reported a QOQ 3Q21 net profit increase of 5.5%, as it pulled on numerous levers. Net new NPL growth increased 44.9% annualized, and...
287 Views
HDFC Ltd. â In the Land of The Blind
HDFC: HDFC reported a QOQ FY 2Q22 results increase of 35.5%, as management pulled on every earnings lever. Net new NPLs increased 51.1% annualized,...
280 Views