Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  United Overseas Bank Ltd    UOBH   SG1M31001969

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

United Overseas Bank Ltd : United Overseas Bank 1Q Net Rises 4.9% to S$722 Million

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/02/2013 | 12:25pm CET
   By Martin Vaughan 
 

SINGAPORE--United Overseas Bank Ltd. (U11.SG) said Thursday its first quarter profit rose 4.9% from the previous year to S$722 million (US$586 million).

The positive result was driven by a 25% increase in fee and commission income to S$453 million. That was partially offset by a decline in net interest income on declining margins on loans as global interest rates were driven down by central bank easing programs.

Net interest income fell 3.5% to S$964 million from the first quarter of 2012. Net interest margin fell 6 basis points to 170 bps, the bank said in a statement to the Singapore Exchange.

"Despite this strong start, we are mindful that overall growth is expected to moderate this year," said Wee Ee Cheong, deputy chairman and chief executive officer. "Within Asia, especially Southeast Asia, business and economic fundamentals remain sound and we will continue to see ample liquidity and intense competition," he said.

Write to Martin Vaughan at martin.vaughan@dowjones.com

Order free Annual Report for United Overseas Bank Ltd. (Singapore)

Visit http://djnweurope.ar.wilink.com/?ticker=SG1M31001969 or call +44 (0)208 391 6028

Order free Annual Report for United Overseas Bank Ltd. (Singapore)

Visit http://djnweurope.ar.wilink.com/?ticker=US9112713022 or call +44 (0)208 391 6028

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNITED OVERSEAS BANK LTD
2016DJAsian Shares Broadly Lower
2016 UNITED OVERSEAS BANK : UOB`s US$600m 2.88% notes 7.3 times subscribed
2016 Indonesia regulator urges Singapore banks to support tax amnesty effort
2016 UNITED OVERSEAS BANK : UOB poised to ride the digital wave
2016 UNITED OVERSEAS BANK : UOBT aims for 1 million credit cards in two years
2016DJUNITED OVERSEAS BANK : Selling 10.5-Year USD-Denominated Tier 2 Capital Bond -- ..
2016 UNITED OVERSEAS BANK : UoB Organised SHR Open House
2016DJUNITED OVERSEAS BANK : 2Q Net Profit Rises 5.1%
2016 UNITED OVERSEAS BANK : Asian caution
2016 UNITED OVERSEAS BANK : Asian caution A Singaporean bank
More news
Sector news : Banks - NEC
01:37aDJORACLE : The Government's 11th-Hour Push for Fair Pay
12:06aDJWall Street Gets Back Its Groove
01/18 JPMORGAN CHASE : hit with government lawsuit for pay discrimination
01/18 Citigroup CEO asks for investor patience on financial targets
01/18DJCITIGROUP : Reports Higher Earnings on Trading Surge -- 5th Update
More sector news : Banks - NEC
News from SeekingAlpha
2016 OCBC Offers Growth At A Reasonable Price
2016 Quality Concerns Front-And-Center At DBS Group
2016 The Black Swan Is Angry - Brexit Carnage Continues
2015 GLOBAL X SOUTHEAST ASIA ETF : Un-Emerging Market
2015 DBS Group Gives You What You Pay For
Advertisement
Financials ( SGD)
Sales 2016 8 085 M
EBIT 2016 4 165 M
Net income 2016 3 087 M
Debt 2016 -
Yield 2016 3,53%
P/E ratio 2016 11,26
P/E ratio 2017 11,02
Capi. / Sales 2016 4,27x
Capi. / Sales 2017 4,08x
Capitalization 34 553 M
More Financials
Chart UNITED OVERSEAS BANK LTD
Duration : Period :
United Overseas Bank Ltd Technical Analysis Chart | UOBH | SG1M31001969 | 4-Traders
Full-screen chart
Technical analysis trends UNITED OVERSEAS B...
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 19,6  SGD
Spread / Average Target -6,5%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ee Cheong Wee Deputy Chairman & Chief Executive Officer
Fu Hua Hsieh Chairman
Wai Cheng Hwee Head-Group Technology & Operations
Wai Fai Lee Chief Financial Officer
Cho Yaw Wee Chairman-Emeritus
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
UNITED OVERSEAS BANK L..1.71%24 331
JPMORGAN CHASE & CO.-3.18%298 964
WELLS FARGO & CO-2.41%270 099
INDUSTRIAL AND COML BA..3.17%231 535
BANK OF AMERICA CORP-0.23%221 660
BANK OF CHINA LIMITED1.74%188 732
More Results