O-Bank Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 09:43 am
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O-Bank Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was TWD 616.95 million compared to TWD 1,235.53 million a year ago. Net income was TWD 645.08 million compared to TWD 697.35 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 0.23 a year ago.
For the nine months, net interest income was TWD 1,649.48 million compared to TWD 3,697.4 million a year ago. Net income was TWD 2,142.96 million compared to TWD 1,704.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.74 compared to TWD 0.58 a year ago. Diluted earnings per share from continuing operations was TWD 0.66 compared to TWD 0.52 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.