United Overseas Bank

Banking & finance

UOB strengthens balance sheet ahead of testing times

UOB strengthens its balance sheet with change in MEV model, Casa growth as loan growth recedes
UOB’s earnings growth enables higher dividends and general provisions, as it charts regional plans - THE EDGE SINGAPORE

Banking & finance

UOB’s earnings growth enables higher dividends and general provisions, as it charts regional plans

UOB announced specific provision for Stark Corp, raised interim dividend to 85 cents as net profit rose
iFast chairman, Yew Kee's Seah family raise stakes; UOB in share buybacks  - THE EDGE SINGAPORE

Insider moves

iFast chairman, Yew Kee's Seah family raise stakes; UOB in share buybacks

The recent buying gives Lim a total interest of around 59.5 million shares, equivalent to 20.151%.
UOB to invest over $500 mil to build new global technology and innovation centre in Punggol - THE EDGE SINGAPORE

Banking & finance

UOB to invest over $500 mil to build new global technology and innovation centre in Punggol

"Our investment here reinforces our commitment to grow our Singapore core," says UOB CEO Wee Ee Cheong
UOB deepens its regional roots - THE EDGE SINGAPORE

Banking & finance

UOB deepens its regional roots

Wee Ee Cheong talks about challenges in expanding its regional network and retail bank, investing in tech and talent, succession
UOB remains RHB's top Singapore bank pick following 1QFY2023 earnings - THE EDGE SINGAPORE

Broker's Calls

UOB remains RHB's top Singapore bank pick following 1QFY2023 earnings

UOB's price to book value, at just 1x, and ROE, at 13%, remains "compelling", says RHB
UOB’s CET1 rebounds with net profit growth, dividends could rise - THE EDGE SINGAPORE

Banking & finance

UOB’s CET1 rebounds with net profit growth, dividends could rise

UOB to pay higher dividends as CET1 rebounds, exposure to US office property minimal

Insider moves

CEO Wee of UOB and chairman Tan of Kim Heng raise stakes in respective companies

UOB's total payout for FY2022, at $1.35, is equal to a payout ratio of 49%
UOB’s Asean, digital focus enhanced by Citi portfolio  - THE EDGE SINGAPORE

Banking & finance

UOB’s Asean, digital focus enhanced by Citi portfolio

UOB looks to Citi acquisition, Asean to drive growth
CGS-CIMB downgrades Singapore banking sector to "neutral" - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades Singapore banking sector to "neutral"

Nonetheless, the analysts believe that with banks dishing dividends at yields of between 4 to 5%, the sector is well supported.
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