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T   16.04 (-1.23%)
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CGC   6.89 (-1.29%)
DIS   114.01 (+0.94%)
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PYPL   63.93 (+0.66%)
XOM   118.67 (-0.84%)
OTCMKTS:OVCHY

Oversea-Chinese Banking (OVCHY) Stock Price, News & Analysis

$19.83
-0.05 (-0.25%)
(As of 04/15/2024 ET)
Today's Range
$19.63
$20.15
50-Day Range
$18.84
$20.43
52-Week Range
$17.46
$21.00
Volume
5,129 shs
Average Volume
8,687 shs
Market Capitalization
$44.57 billion
P/E Ratio
N/A
Dividend Yield
5.45%
Price Target
N/A

Oversea-Chinese Banking MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.73mentions of Oversea-Chinese Banking in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.97%
From $2.52 to $2.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.59 out of 5 stars

OVCHY stock logo

About Oversea-Chinese Banking Stock (OTCMKTS:OVCHY)

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high-net-worth individuals. Its Global Wholesale Banking segment provides long-term project financing, short-term credit, working capital, and trade financing; customized and structured equity-linked financing products; cash management and custodian services; capital market solutions; corporate finance and advisory banking services; and treasury products. This segment serves corporates, public sector, and small and medium enterprises. The company's Global Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as structured treasury products and financial solutions. Its Insurance segment provides fund management services, and life and general insurance products. The company's Others segment is involved in property and investment holding activities. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.

OVCHY Stock Price History

OVCHY Stock News Headlines

Oversea-Chinese Banking Corp Ltd OCBA
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Oversea-Chinese Banking Corp (OCBC)
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We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)
Oversea-Chinese Banking Corp Ltd ADR OVCHY
See More Headlines
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Company Calendar

Today
4/16/2024
Ex-Dividend for 6/5 Dividend
5/08/2024
Dividend Payable
6/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:OVCHY
Employees
31,604
Year Founded
1932

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$18.42 billion
Cash Flow
$2.02 per share
Book Value
$17.65 per share

Miscellaneous

Outstanding Shares
2,247,700,000
Free Float
N/A
Market Cap
$44.57 billion
Optionable
Not Optionable
Beta
0.72

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Key Executives

  • Ms. Pik Kuen Wong (Age 63)
    Group CEO & Non-Independent Executive Director
  • Ms. Chin Yee Goh (Age 59)
    Group Chief Financial Officer
  • Mr. Khiang Tong Lim (Age 63)
    Group Chief Operating Officer
  • Mr. Kok Kim Gan (Age 58)
    Executive VP & Head of Global Investment Banking
  • Mr. David Cheng
    Head of Corporate Finance
  • Mr. Praveen Raina
    Head of Group Operations & Technology
  • Collins Chin
    Head of Investor Relations
  • Ms. Yuen Ling (Age 49)
    Head of Group Legal & Compliance, Executive VP and General Counsel
  • Ms. Ching Ching Koh (Age 56)
    Head of Group Brand & Communications
  • Ms. Hwee-Boon Lee (Age 53)
    Head of Group Human Resources

Should I Buy Oversea-Chinese Banking Stock? OVCHY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Oversea-Chinese Banking Co. Limited:

  • Oversea-Chinese Banking Corporation Limited has a strong presence in various regions, including Singapore, Malaysia, Indonesia, Greater China, and the rest of the Asia Pacific, providing diversified exposure to different markets.
  • The company's Global Consumer/Private Banking segment offers a wide range of financial products and services to individual customers, including wealth management products, brokerage services, and investment advice, catering to different financial needs.
  • Oversea-Chinese Banking Corporation Limited's Global Wholesale Banking segment provides a comprehensive suite of banking services to corporates, public sector entities, and small and medium enterprises, including project financing, trade financing, and treasury products.
  • The company's strong focus on Global Markets activities, such as foreign exchange, money market operations, and derivatives trading, allows for potential revenue generation through diversified financial operations.
  • Recent insights indicate that individual investors hold a significant ownership stake in Oversea-Chinese Banking Corporation Limited, reflecting confidence in the company's performance and potential growth.

Cons

Investors should be bearish about investing in Oversea-Chinese Banking Co. Limited for these reasons:

  • Market volatility and economic uncertainties in the regions where Oversea-Chinese Banking Corporation Limited operates could impact the company's financial performance and stability.
  • Regulatory changes or compliance issues in the financial industry, especially in the countries where the company operates, may pose challenges and affect profitability.
  • Intense competition in the banking sector, both locally and internationally, could pressure margins and limit growth opportunities for Oversea-Chinese Banking Corporation Limited.
  • Fluctuations in interest rates and currency exchange rates could expose the company to risks related to its treasury operations and financial market activities.
  • Investors should carefully consider the current stock price of Oversea-Chinese Banking Corporation Limited and evaluate whether it aligns with their investment objectives and risk tolerance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Oversea-Chinese Banking pros and cons to contact@marketbeat.com.

OVCHY Stock Analysis - Frequently Asked Questions

Should I buy or sell Oversea-Chinese Banking stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oversea-Chinese Banking in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OVCHY shares.
View OVCHY analyst ratings
or view top-rated stocks.

How have OVCHY shares performed in 2024?

Oversea-Chinese Banking's stock was trading at $19.61 at the start of the year. Since then, OVCHY stock has increased by 1.1% and is now trading at $19.83.
View the best growth stocks for 2024 here
.

Are investors shorting Oversea-Chinese Banking?

Oversea-Chinese Banking saw a increase in short interest in March. As of March 31st, there was short interest totaling 8,900 shares, an increase of 1,383.3% from the March 15th total of 600 shares. Based on an average trading volume of 22,300 shares, the short-interest ratio is presently 0.4 days.
View Oversea-Chinese Banking's Short Interest
.

How often does Oversea-Chinese Banking pay dividends? What is the dividend yield for Oversea-Chinese Banking?

Oversea-Chinese Banking announced a dividend on Monday, April 8th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.574 per share on Wednesday, June 5th. The ex-dividend date is Wednesday, May 8th. This is a positive change from the stock's previous dividend of $0.55.
Read our dividend analysis for OVCHY
.

Is Oversea-Chinese Banking a good dividend stock?

Oversea-Chinese Banking (OTCMKTS:OVCHY) pays an annual dividend of $1.08 per share and currently has a dividend yield of 5.42%. OVCHY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for OVCHY.

How do I buy shares of Oversea-Chinese Banking?

Shares of OVCHY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:OVCHY) was last updated on 4/16/2024 by MarketBeat.com Staff

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