UOB's Q4 profit beats forecasts, unveils US$2.2 billion capital return

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SINGAPORE: Singapore's United Overseas Bank (UOB) maintained its guidance for 2025 after posting on Wednesday (Feb 19) a 9 per cent rise in fourth-quarter net profit that beat expectations and announcing a S$3 billion (US$2.24 billion) package to return surplus capital.

UOB's Q4 profit beats forecasts, unveils US$2.

Other than that, the bank kept its outlook for 2025, according to Wee's presentation slides accompanying the fourth-quarter earnings.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Share Bank Singapore Beats Billion Year Capital Profit Cent 2025

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 09:52:12 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26263478

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