O-Bank Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 23, 2022
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O-Bank Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was TWD 1,261.56 million compared to TWD 1,145.75 million a year ago. Net income was TWD 425.18 million compared to TWD 519.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to TWD 0.13 a year ago.
For the six months, net interest income was TWD 2,461.97 million compared to TWD 2,279.64 million a year ago. Net income was TWD 1,006.96 million compared to TWD 972.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.28 a year ago.
O Bank Co Ltd is a Taiwan-based commercial bank. The bank provides corporate financial services, personal financial services, trust business, investment business, and equity method reinvestment business. Corporate financial services include credit and deposits, corporate foreign exchange and international finance, projects, corporate financial advisory services, corporate cash management and electronic financial services and others. Personal financial business includes credit and deposits, personal financial digital services, payment, insurance and wealth management, and others. Trust business includes trust commodities, securitization, trust asset management and surface rights and others. Investment business includes financial product trading, securities investment business, and production investment business.