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United Overseas Bank (UOB) Group
Broker's Calls
Ahead of 3QFY2022 results, watch for fatter margins, North Asia exposure: Maybank
Margins are set to accelerate but investors should watch out for China risks.
October 14, 2022
Broker's Calls
With interest rates, loans 'still expanding', PhillipCapital remains positive on local banks
“Bank dividend yields are attractive at 5% with upside surprise due to excess capital ratios.”
October 12, 2022
Broker's Calls
Singapore banks may dial down loan growth targets but still outperform broader market: analysts
Coupled with uncertainty over the 2023 outlook, investors will likely take a cautious stance on bank stocks.
October 06, 2022
Banking & finance
Three weeks after previous hike, OCBC raises fixed deposit interest rates again to match UOB
OCBC is offering 2.9%-3.1% p.a. interest rate on 12-month fixed deposits.
October 05, 2022
Banking & finance
UOB raises fixed deposit rates, nearing Nov 1998 peak of 3.11%
UOB claims these are the highest rates among the three local banks.
October 03, 2022
Broker's Calls
Faced with new digital banks, RHB prefers DBS, OCBC for high CASA ratios
According to RHB, attractive savings account offerings may stoke concerns that deposit competition would intensify.
September 22, 2022
Broker's Calls
Maybank stays upbeat on three local banks, sees better 2HFY2022
Maybank Securities’ Thilan Wickramasinghe sees better operational growth ahead for all three banks
May 01, 2022
Results
Almost in sync, all three Singapore banks report y-o-y earnings drop of 10% for 1QFY2022
All three Singapore banks have reported a 10% y-o-y drop for their 1Q earnings
April 29, 2022
Results
UOB reports 1QFY2022 net profit of $906 mil, down 10% y-o-y
Shares in UOB closed 42 cents lower or 1.37% down at $30.14 on April 28.
April 29, 2022
Broker's Calls
PhillipCapital stays 'overweight' on Singapore banks after rosy results
“We remain positive on banks. Bank dividend yields are attractive with upside surprise due to excess capital ratios.”
March 09, 2022