UOB: United Overseas Bank Limited

U11.SI : Singapore Exchange

30.650

+0.36%

Share Price in SGD. As of 29 May 11:24:36 SGT

Chart

Key stats

  • 52-Week High
    SGD 31.350
  • 52-Week Low
    SGD 26.820
  • Market Cap
    SGD 51B
  • Avg Volume
    2M
  • P/E Ratio (TTM)
    9.20
  • Forward Dividend Yield
    5.57%

Share Price Performance

U11.SI
Market
1 Day 0.20% 0.02%
5 Day 0.33% 0.16%
1 Month 0.49% 1.39%
6 Month 12.19% 7.87%
YTD 7.54% 3.03%
1 Year 1.83% -1.36%
5 Year 16.10% 0.82%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $33.055

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 29 May 2024

Analyst Ratings

  • DBS Research

    01 Feb 2024

    Hold

    30.300

  • Maybank Research

    22 Feb 2024

    Hold

    30.880

    (prev 30.860)

  • OCBC Investment

    22 Feb 2024

    Buy

    32.500

  • Philip Securities

    26 Feb 2024

    Buy

    34.900

    (prev 35.900)

  • RHB Invest

    11 Mar 2024

    Neutral

    29.000

  • CGS-CIMB

    22 Feb 2024

    Add

    33.300

Analyst Reports

Beansprout Insights

Valuation

Price to earnings (P/E) ratio

Current P/E
8.4
Historical Average P/E
10.6

UOB: United Overseas Bank Limited's current P/E ratio of 8.4x is lower than its historical average P/E ratio of 10.6x.

Price to book (P/B) ratio

Current P/B
1.2
Historical Average P/B
1.1

UOB: United Overseas Bank Limited's current P/B ratio of 1.2x is higher than its historical average P/B ratio of 1.1x.

Earnings

Earnings Highlights

First Quarter 2024 Performance Highlights

  • Revenue: SGD 3.52B

    Total income remained stable year on year

  • Net Profit: SGD 1.5B

    Decreased 2% Year-on-Year

    Net profit including one-off expenses decreased 2% year on year

  • Return on Equity (ROE): 14%

    Decreased 1% Year-on-Year

    Core return on equity decreased 0.9 percentage points year on year

Earnings per share (EPS)

The latest earnings per share is $3.33, which is higher than the earnings per share of $2.68 in 2022.

Financials

Financial Statements

22 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

27 Jul 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

20 Mar 2024

Annual Report

For period ending 31 Dec 2023

20 Mar 2024

Sustainability Report

For period ending 31 Dec 2023

News

Profile

Company Description

The Bank was incorporated as a public company under the name of United Chinese Bank Limited in 1935. The present name United Overseas Bank Limited was adopted in 1965. It was officially quoted on 20 July 1970 on the then Stock Exchange of Malaysia and Singapore, a predecessor of the Singapore Exchange Trading Securities Limited. Over the past 71 years, UOB has grown with Singapore. Through a series of acquisitions, it is now a leading bank in Singapore with banking subsidiaries in Malaysia, Thailand and Indonesia. Today, the UOB Group has a network of 502 offices in 18 countries and territories in Asia-Pacific, Western Europe and North America. Besides Far Eastern Bank in Singapore, UOB’s banking subsidiaries include United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Indonesia, PT Bank Buana Indonesia and United Overseas Bank Philippines. UOB provides a wide range of financial services through its global network of branches/offices and subsidiaries/associates: personal financial services, private banking, trust services, commercial and corporate banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, general insurance, life assurance and stockbroking services. Through other subsidiaries, as well as associates, UOB also has diversified interests in travel, leasing, property development and management, hotel operations and general trading.

FAQ

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