O-Bank Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 22, 2023 at 07:45 pm IST
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O-Bank Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was TWD 517.41 million compared to TWD 1,261.56 million a year ago. Net income was TWD 759.42 million compared to TWD 425.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 0.1 a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 0.21 compared to TWD 0.1 a year ago.
For the six months, net interest income was TWD 1,032.53 million compared to TWD 2,461.97 million a year ago. Net income was TWD 1,497.88 million compared to TWD 1,006.96 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.32 a year ago. Diluted earnings per share from continuing operations was TWD 0.45 compared to TWD 0.29 a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.32 a year ago. Diluted earnings per share was TWD 0.45 compared to TWD 0.29 a year ago.
O-Bank Co., Ltd., formerly Industrial Bank of Taiwan is a Taiwan-based commercial bank. The Bank operates its businesses through credit business, deposit business, foreign exchange and international finance business, production business investment, financial commodity trading, securities business, project business, trust business, cash management and electronic finance business, and personal financial digital service business.