United Overseas Bank Limited (UOVEY)

OTCMKTS · Delayed Price · Currency is USD
53.45
+0.37 (0.70%)
Dec 23, 2024, 4:00 PM EST
27.26%
Market Cap 44.63B
Revenue (ttm) 10.44B
Net Income (ttm) 4.53B
Shares Out n/a
EPS (ttm) 2.71
PE Ratio 9.85
Forward PE n/a
Dividend 2.59 (4.88%)
Ex-Dividend Date Aug 13, 2024
Volume 31,100
Open 51.36
Previous Close 53.08
Day's Range 51.36 - 53.45
52-Week Range 40.50 - 57.35
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]

Sector Financials
Founded 1935
Employees 32,338
Stock Exchange OTCMKTS
Ticker Symbol UOVEY
Full Company Profile

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 Statements

News

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.

11 days ago - BNN Bloomberg

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 ...

23 days ago - Seeking Alpha

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 ...

25 days ago - Bangkok Post

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...

5 weeks ago - South China Morning Post

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.

6 weeks ago - BNN Bloomberg

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...

2 months ago - Forexlive

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 "...

3 months ago - Forexlive

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.

3 months ago - South China Morning Post

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.

4 months ago - South China Morning Post

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...

4 months ago - The Wall Street Journal

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...

4 months ago - Bangkok Post

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.

9 months ago - Seeking Alpha

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 ...

10 months ago - Reuters

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...

1 year ago - Seeking Alpha

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.

1 year ago - Bloomberg Markets and Finance

United Overseas Bank Remains Undervalued Despite Elevated Near-Term Risks

United Overseas Bank Remains Undervalued Despite Elevated Near-Term Risks.

1 year ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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...

3 years ago - GuruFocus