United Overseas Bank Limited (UOVEF)
Market Cap | 44.41B |
Revenue (ttm) | 10.44B |
Net Income (ttm) | 4.53B |
Shares Out | n/a |
EPS (ttm) | 2.71 |
PE Ratio | 9.80 |
Forward PE | n/a |
Dividend | 0.67 (2.36%) |
Ex-Dividend Date | Aug 12, 2024 |
Volume | 300 |
Open | 28.20 |
Previous Close | n/a |
Day's Range | 28.20 - 28.20 |
52-Week Range | 19.27 - 25.40 |
Beta | 0.72 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 19, 2025 |
About United Overseas Bank
United Overseas Bank Limited, together with its subsidiaries, provides banking products and services worldwide. It operates through three segments: Group Retail, Group Wholesale Banking, and Global Markets. The company offers deposit products; loan products, including overdraft, cash credit, short term, and long-term loans; and buyers credit, structured trade finance, ECBs, SGD bonds, loan syndication, and M and A services. It also provides forex, documentary collection, credit, bank guarantee, export and import finance services. In addition, t... [Read more]
Financial Performance
In 2023, United Overseas Bank's revenue was 13.01 billion, an increase of 18.58% compared to the previous year's 10.97 billion. Earnings were 5.60 billion, an increase of 24.46%.
Financial numbers in SGD Financial StatementsNews
Singapore Banks' Capital Equity Tier 1 Ratios Climb Due To Basel III Reforms
Singapore banks posted substantial increases in their capital equity Tier 1 ratios as the final Basel III reforms came into effect. The Monetary Authority of Singapore noted that the local banking gro...
UOB, OCBC Plan Cost-of-Living Payout to Junior Staff in 2025
Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.
UOB Financial Chief Lee Wai Fai to Step Down After Two Decades
United Overseas Bank Ltd.’s Chief Financial Officer Lee Wai Fai is set to step down next year after two decades in the role.
United Overseas Bank: Excess Capital Likely To Boost Shareholder Returns
United Overseas Bank's focus on Southeast Asia and acquisition of Citi's retail business enhance growth prospects, offering a 5% dividend yield and steady earnings growth. Despite the lowest CET1 CAR ...
Resilient UOB relishes regional role
In Thailand’s highly competitive banking industry, UOB has proven its resilience as a foreign bank over the past 25 years thanks to a strong Southeast Asian network, brand strength and its ability to ...
UOB and Shanghai Gold Exchange sign MOU to enhance cross-border cooperation
[The content of this article has been produced by our advertising partner.] Singapore, 11 November 2024 - UOB has signed a Memorandum of Understanding (MOU) with Shanghai Gold Exchange (SGE) in Shangh...
UOB Shares Jump After CEO Says Will Consider Share Buyback
United Overseas Bank Ltd. will consider a share buyback, among other options, Chief Executive Officer Wee Ee Cheong says at an earnings briefing on Friday.
Singapore's central bank meets Monday, expected to maintain steady policy
The Monetary Authority of Singapore (MAS) is the country's central bank. Its policy meeting is on Monday, October 14. MAS is expected to hold policy steady: 9 out of 10 analysts polled by Reuters expe...
Base case forecast for RBA to cut on November 5 - a close call, very much data dependent
United Overseas Bank (UOB) in Singapore are maintaining a 'base case' forecast for the Reserve Bank of Australia to cut its cash rate by 25bp at its next meeting, on November 5. OUB say the cut is a "...
Singapore’s UOB wants to dominate US$2 trillion trade finance market in Southeast Asia
UOB has only 1 per cent of the trade financing market in the region, leaving a huge room for the bank to build its dominance.
Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says
UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.
Labor Data Suggests RBA Won't Makes Cuts So Soon
Australia’s latest jobs data suggest the country’s labor market remains tight, supporting wage growth and the UOB Global Economics & Markets Research team’s view that the Reserve Bank of Australia wil...
UOB stands behind companies' regional expansion efforts
UOB Thailand is committed to supporting large local corporations expanding into Southeast Asia to capitalise on the significant growth potential of regional economies, while also investing in domestic...
United Overseas Bank Is Now Cheaper, But More Promising
Fundamentally UOB is in great shape. Its investments in the region are paying off and give it a distinct advantage. For the 5.9% dividend yield, the stock is affordable.
Singaporean bank UOB aims to double private wealth assets by 2026
Singaporean lender United Overseas Bank (UOB) is planning to double its private wealth assets under management over the next couple of years as it bets on increased wealth inflows into the city-state ...
United Overseas Bank: Attractive Growth Potential And Dividend Yield
United Overseas Bank has acquired Citigroup's consumer banking businesses in various Asian markets, diversifying its portfolio and doubling its customer base in these regions. The acquisition is expec...
United Overseas Bank Has a 'Very Strong' Balance Sheet, CFO Says
United Overseas Bank Ltd. Chief Financial Officer Lee Wai Fai discusses the financial results of Southeast Asia's third-largest lender.
United Overseas Bank Remains Undervalued Despite Elevated Near-Term Risks
United Overseas Bank Remains Undervalued Despite Elevated Near-Term Risks.
United Overseas Bank: Crossing The Right Boxes
United Overseas Bank is one of Singapore's 'big three' banks. It also has exposure to wider Southeast Asia, which will increase following its acquisition of various Citigroup assets. Interest rate hik...
United Overseas Bank Limited: The Top Stock Pick For A High-Inflation Environment
Singapore's banking sector is set to benefit from the regional economic re-opening, as well as the Federal Reserve's interest rate hikes, which would increase interest income. UOB, emerged as the best...
United Overseas Bank's Profit Jumped 40% in 2021
United Overseas Bank Ltd ( SGX:U11 , Financial) saw its fiscal year 2021 net profit leap by 40% to 4 billion Singapore dollars ($2.97 billion), driven by strong performance across its franchises and r...