UOB Plans $2.2 Billion Capital Return

Singapore bank UOB's Q4 profit beats forecasts, unveils US$2.2bil capital return
SINGAPORE: Singapore's United Overseas Bank, or UOB, maintained its guidance for 2025 after posting on Wednesday a 9% rise in fourth-quarter net profit that beat expectations and announcing a S$3 billion ($2.
UOB Reports Strong Q4 Profit Growth, Announces $2.24B Capital Return Plan
Singapores United Overseas Bank (OTC: UOVEY) reported a 9% year-on-year rise in Q4 net profit, surpassing analyst expectations. Net profit climbed to S$1.52 billion ($1.13 billion), driven by higher net interest income
UOB Reports Higher Quarterly Profit, Announces S$3 Bln Capital Distribution Package
United Overseas Bank said its fourth-quarter net profit rose, thanks to loan growth, and announced a S$3 billion package to distribute surplus capital. Net profit, including one-off expenses, jumped 8.55% to 1.52 billion Singapore dollars, equivalent to US$1.13 billion, the bank said Wednesday.
Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return
Shares of Singapore's United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 billion) package to return surplus capital to investors.
UOB Plans $2.2 Billion Capital Return as Profit Meets Estimates
United Overseas Bank Ltd. announced a S$3 billion ($2.2 billion) plan to distribute excess capital over the next three years as it reported fourth-quarter profit that met expectations.
Singapore’s UOB posts record profits as it bets its Southeast Asia focus will drive growth amid global uncertainties
The bank’s CEO, Wee Ee Cheong, said an enlarged customer base and enhanced platforms in the region position UOB well.
The Edge Singapore1d
UOB’s capital strategy leaves sufficient room for regional growth
UOB announces capital management initiatives with anniversary dividend and share buyback programme, supported by continued ...
The Independent Singapore1d
UOB’s net profit grows by 6%, hitting hefty $6 billion mark in FY24
SINGAPORE: UOB Group has reported a solid net profit of $6 billion for the financial year ended 31 December 2024 (FY24), reflecting a 6% increase from the previ ...
Singapore banks hand billions of surplus capital to investors
United Overseas Bank joined larger rival DBS Group in returning excess capital to shareholders after delivering record-high ...
The Edge Singapore1d
UOB taps 'Asean connector' role to help drive JS-SEZ investments
We believe both Johor and Singapore coming together gives a lot of opportunity and we genuinely feel that we can help' ...