Singapore Shares Fall on Weaker Sentiment -- Market Talk
Singapore's FTSE Straits Times Index closed 0.7% lower at 3289.42, weighed by weaker market sentiment after stock market index compiler MSCI removed five constituents from its benchmark Singapore index.
United Overseas Bank Repurchases Shares
United Overseas Bank (SGX:U11) bought back 28,000 shares in the open market on Tuesday under a recently launched program covering up to 83.7 million shares, a filing with the Singapore Exchange on the
Singapore Banks' Strong 1Q Results Demonstrate Resiliency -- Market Talk
0031 GMT - Strong 1Q results of major Singapore banks "demonstrate resiliency," says UOB Kay Hian analyst Jonathan Koh in a note. DBS, OCBC and UOB delivered 1Q results that "exceed expectations", the
United Overseas Bank Buys Back More Shares
United Overseas Bank (SGX:U11) bought back another 28,000 shares worth SG$849,796 in the open market on Thursday, according to a filing with the Singapore Exchange the same day. The bank made the purc
Marina Bay Sands, UOB and Singapore Tourism Board Enter Next Partnership to Enhance Marina Bay Precinct
The partnership aims to deepen collaborations to drive awareness and visitorship to the precinct, anchoring it as a leading lifestyle and business destinationMarina Bay Sands, UOB and Singapore Touris
United Overseas Bank Starts Purchases Under New Buyback
United Overseas Bank (SGX:U11) started purchases under its new share buyback program covering up to 83.7 million shares, according to a Wednesday filing with the Singapore Exchange. The bank bought ba
UOB's Net Interest Margin, Net Fee Income Outlook Seems Optimistic -- Market Talk
0300 GMT - United Overseas Bank's near-term outlook for net interest margin and net fee income seems optimistic, RHB's Singapore research team says in a note. It notes that the Singapore lender mainta
UOB Looks Well-Positioned to Grow Its Asian Franchise -- Market Talk
0249 GMT - UOB looks well-positioned to grow its Asian franchise, thanks to its well-diversified loan portfolio across sectors and regions, OCBC Investment Research's Singapore strategist Carmen Lee s
United Overseas Bank Fair Value Estimate Raised to S$33.50 From S$32.50 by OCBC Investment Research >U11.SG
United Overseas Bank Fair Value Estimate Raised to S$33.50 From S$32.50 by OCBC Investment Research >U11.SG
United Overseas Bank Target Price Raised to S$30.10 From S$29.00 by RHB Research >U11.SG
United Overseas Bank Target Price Raised to S$30.10 From S$29.00 by RHB Research >U11.SG
Wealth Management Likely a Bright Spot for UOB -- Market Talk
0203 GMT - Wealth management looks like a bright spot for United Overseas Bank, Maybank Research analyst Thilan Wickramasinghe says in a note. The Singapore lender's 1Q net fee income gained slight mo
United Overseas Bank Target Price Raised to S$31.03 From S$30.88 by Maybank Research >U11.SG
United Overseas Bank Target Price Raised to S$31.03 From S$30.88 by Maybank Research >U11.SG
Correct: United Overseas Bank 1Q Net Excluding One-Off Expenses S$1.49B Vs. S$1.51B >U11.SG
Correct: United Overseas Bank 1Q Net Excluding One-Off Expenses S$1.49B Vs. S$1.51B >U11.SG
Correct: United Overseas Bank 1Q Total Income S$3.52B Vs. S$3.52B >U11.SG
Correct: United Overseas Bank 1Q Total Income S$3.52B Vs. S$3.52B >U11.SG
Correct: United Overseas Bank 1Q Net S$1.57B Vs. Net S$1.58B >U11.SG
Correct: United Overseas Bank 1Q Net S$1.57B Vs. Net S$1.58B >U11.SG
UOB Singapore's net profit for the first quarter fell 1.6% year on year to S$1.49 billion
On May 8, Singapore-based UOB announced its results for the first quarter up to the end of March this year. Affected by a decrease in net interest income, UOB's net profit for the first quarter fell 1.6% year over year to S$1.49 billion. Excluding the cost of integrating Citigroup's retail finance business in the four markets, Dahua's net profit fell 0.7% to S$1.57 billion in the first quarter. The Group's net interest yield for the first quarter fell to 2.02% from 2.14% a year ago, resulting in a 2% year-on-year decline in net interest income to 2.36 billion yuan.
United Overseas Bank's Core Net Profit Flat in Q1
United Overseas Bank (SGX:U11) posted a core net profit of SG$1.6 billion in the first quarter, largely flat compared with a year earlier, according to a Wednesday filing with the Singapore Exchange.
United Overseas Bank 1Q Net Rose on Higher Non-Interest Income
By P.R. Venkat United Overseas Bank Ltd.'s first-quarter net profit rose mainly due to higher income from trading and investment activities. Profit for the quarter came in at 1.57 billion Singapore
United Overseas Bank 1Q Net S$1.57B Vs. Net S$1.50B >U11.SG
United Overseas Bank 1Q Net S$1.57B Vs. Net S$1.50B >U11.SG
United Overseas Bank Earmarks Over 26,000 Treasury Shares as Stock Compensation to Six Directors
United Overseas Bank (SGX:U11) allotted 26,400 treasury shares as stock compensation to six non-executive directors, according to separate Monday filings with the Singapore Exchange. After the allotme
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