Banking stock will continue to soar in the near future

The $2.2 Billion Reason Why You Should Invest in OCBC Now |

@The Investing Iguana
Watch YouTube Video (10 minutes) at https://youtu.be/uYYbiqk3GWY 🟩🟩 Dive into the world of finance with the latest episode from "The Investing Iguana", your ultimate guide to smart investing. In this episode, our host, Iggy, gives an in-depth analysis of the Oversea-Chinese Banking Corporation (OCBC) - one of Singapore's largest banks with a significant presence in Southeast Asia. You won't want to miss this episode as Iggy reveals OCBC's ambitious growth plan set to generate an additional $2.2 billion in revenue by 2025! 🟡TIMESTAMP ============== 0:00 - Introduction 0:18 - Overview of OCBC 1:00 - OCBC's recent performance 1:45 - OCBC's new growth strategy 2:10 - Growth Pillar 1: Greater China 3:00 - Growth Pillar 2: ASEAN 3:50 - Growth Pillar 3: Wealth Management 4:45 - Growth Pillar 4: Sustainability 5:35 - Revenue projections and growth strategy 6:15 - Additional growth initiatives 7:00 - What this means for investors 7:50 - Risks and challenges for OCBC 8:40 - Conclusion and thoughts on OCBC as an investment 9:20 - Wrap up, calls to 'Like' and subscribe 10:00 - Closing remarks and preview of future content 10:16 - End of Video 🟩 OCBC, boasting a market capitalization of about $60 billion, operates across 20+ countries, offering diverse financial services including retail banking, corporate banking, wealth management, insurance, and asset management. Despite the global challenges posed by the COVID-19 pandemic, OCBC achieved a record net profit of $6.2 billion in 2022 and increased its dividend payout by 25%, reflecting a sturdy dividend yield of 4.5%. 🟩 This episode uncovers OCBC's strategic vision titled "OCBC Next 2025", a detailed blueprint to supercharge its business and deliver added value to its shareholders. The strategy, segmented into four growth pillars: Greater China, ASEAN (Association of Southeast Asian Nations), Wealth Management, and Sustainability, forms the core of OCBC's plan to achieve the ambitious revenue target.
The $2.2 Billion Reason Why You Should Invest in OCBC Now |

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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