Moody's Upgrades SeABank's Baseline Credit Assessment To B1 [MarketWatch]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: MarketWatch
HANOI, Vietnam, April 26, 2022 /PRNewswire via COMTEX/ -- HANOI, Vietnam, April 26, 2022 /PRNewswire/ -- Moody's Investors Services (Moody's) upgraded the Baseline Credit Assessment (BCA) from B2 to B1 for Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB). Moody's has also maintained SeABank's long-term deposit and issuer ratings at B1 for the fourth consecutive year with positive outlook. The Moody's assessment is a testament to the efforts of SeABank in business operations, asset quality, profitability and capital in 2021 with: Pre-tax profit reached US$ 144.38 million, equal to 135% of its 2021 budget. Total assets increased 18% compared to 2020, reaching US$ 9.36 billion; Total non-interest income in 2021 reached US$ 81.74 million, accounting for 26.3% of total revenue; Return on average assets (ROA) and Return on average equity (ROE) are 1.33% and 16.12% respectively; the NPL ratio is at 1.65%. At the end of the first quarter of 2022, SeABank's business
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- 3/18/24 - Form 4
- MCO's page on the SEC website