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OCBC Q3 profit falls 27% in absence of one-off gain

Excluding year-ago one-time gain of S$391m, latest core earnings up 7% at S$902m

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Oversea-Chinese Banking Corporation (OCBC Bank) beat analyst expectations with a third-quarter net profit of S$902 million but the earnings were 27 per cent down from the year-ago period's S$1.23 billion, which included a one-off gain.

Singapore

OVERSEA-Chinese Banking Corporation (OCBC Bank) beat analyst expectations with a third-quarter net profit of S$902 million but the earnings were 27 per cent down from the year-ago period's S$1.23 billion, which included a one-off gain.

Stripping off the S$391 million one-

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