United Overseas Bank

GuocoLand repeats overall sector winner; Singapore Land on constant rejuvenation - THE EDGE SINGAPORE

Billion Dollar Club 2024

GuocoLand repeats overall sector winner; Singapore Land on constant rejuvenation

GuocoLand has helped transform the Beach Road and Bugis area
UOB’s 2Q2024 net profit meets expectations; management discusses upside of Citi integration - THE EDGE SINGAPORE

Results

UOB’s 2QFY2024 net profit meets expectations; management discusses upside of Citi integration

UOB's 2QFY2024 and 1HFY2024 net profit was in line with expectations. Management also discussed Citi integration during briefing.
UOB announces 2QFY2024 net profit of $1.42 bil, up 1% y-o-y, down 4% q-o-q, and 1HFY2024 net profit of $2.92 bil - THE EDGE SINGAPORE

Results

UOB announces 2QFY2024 net profit of $1.42 bil, up 1% y-o-y, down 4% q-o-q, and 1HFY2024 net profit of $2.92 bil

UOB announced 2QFY2024 core net profit of $1.489 billion, down 5% q-o-q and up 1% y-o-y.
A reset, reboot and revalue from MSCI's 'killer blow' - THE EDGE SINGAPORE

Global Markets

A reset, reboot and revalue from MSCI's 'killer blow'

Many SGX companies have undergone structural transformation and the results are showing up in their share prices
The evolution of UOB’s CFO - THE EDGE SINGAPORE

Banking & finance

The evolution of UOB’s CFO

Change, wrought by new regulations, disruptive tech, financial crises and new challenges, is the only constant for UOB CFO Lee
UOB reports 1Q2024 net profit of $1.49 billion, up q-o-q but down y-o-y and 6.4% above estimate  - THE EDGE SINGAPORE

Results

UOB reports 1QFY2024 net profit of $1.49 billion, up q-o-q but down y-o-y and 6.4% above estimate

UOB announces net profit of $1.49 billion including Citi integration costs, higher q-o-q, lower y-o-y, and 6% above estimates.
At AGM, UOB stays committed to sustainable dividend growth  - THE EDGE SINGAPORE

Finance

At AGM, UOB stays committed to sustainable dividend growth

UOB looks to maintaining earnings growth to support dividend growth model

Investing ideas

Limited upside catalysts for UOB but dividends and provisions will provide support

UOB's 'decent valuation' and yield may provide downside support
UOB CEO Wee buys 100,000 shares at $28.495 each - THE EDGE SINGAPORE

Insider moves

UOB CEO Wee buys 100,000 shares at $28.495 each

This time last year, when the bank reported its FY2022, Wee paid $29.5749 each for 100,000 shares
'Simply unique': Wee Cho Yaw (1929–2024) - THE EDGE SINGAPORE

Obituary

'Simply unique': Wee Cho Yaw (1929–2024)

'My father has left an indelible mark. He has been a source of inspiration for me in all aspects of my life'
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