Highlights

SGX: UOB (U11)

UNITED OVERSEAS BANK LTD

Last Price	Today's Change	Day's Range	Trading Volume
27.84	-0.11 (0.39%)	27.74 - 28.20	2,904,300

Overview

Avg Volume (4 weeks):	2,541,160
4 Weeks Range:	27.38 - 28.60
4 Weeks Price Volatility (%):	37.70%
52 Weeks Range:	25.91 - 31.40
52 Weeks Price Volatility (%):	35.15%
Average Price Target:	32.90
Price Target Upside/Downside:	+5.06

Headlines

Date	Subject
31-May-2023	United Overseas Bank - Managing Headwinds and Acquisition Well; BUY
29-May-2023	UOB Leads Buybacks; PropNex’s Kelvin Fong Adds to Stake
15-May-2023	IFast Chairman Lim Chung Chun Increases Stake
02-May-2023	United Overseas Bank Limited – Fee Income Decline Staunched
28-Apr-2023	United Overseas Bank- 1Q23- Strong Topline Lifts Bottomline; Keep BUY
28-Apr-2023	Singapore Lender UOB's 1Q Core Profit Leaps 74% to Record US$1.2b
13-Mar-2023	Buybacks, Director Transactions Resume at a Lively Pace
27-Feb-2023	United Overseas Bank Limited – Rise in NII Offset by Higher Allowances
27-Feb-2023	DBS, OCBC & UOB Report Record FY22 Net Profits
16-Dec-2022	United Overseas Bank - NIM Expansion and Citi Acquisition to Lift ROE; Keep BUY
21-Nov-2022	Dyna-Mac CEO Adds to Stake at S$0.188 Per Share
31-Oct-2022	United Overseas Bank Limited – Surge in Net Interest Margins
03-Oct-2022	S-Reits Draw Acquisitions From Directors and Substantial Shareholders
26-Sep-2022	Five STI Heavyweights Book 9% QTD Total Return
29-Aug-2022	Wee Ee Cheong Boosts UOB Stake
15-Aug-2022	Fewer Director Filings Amid Focus on Company Earnings
04-Aug-2022	Singapore Bank OCBC's 2Q Profit Jumps 28%, Upbeat on Outlook
01-Aug-2022	United Overseas Bank - Taking a Cautious Stance for 2H22
01-Aug-2022	United Overseas Bank - Taking a Cautious Stance for 2H22
01-Aug-2022	United Overseas Bank Limited – Boosted by Higher Net Interest Income

>> More Headlines

Business Background

United Overseas Bank Limited provides financial products and services. The company’s Group Retail segment provides deposits, insurance, card, wealth management, investment, and loan and trade financing products for personal and small enterprise customers. Its Group Wholesale Banking segment provides financing, trade, cash management, capital markets solutions, and advisory and treasury products and services. The company’s Global Markets segment offers foreign exchange, interest rate, credit, commodities, equities, and structured investment products; and manages funds and liquidity. Its Other segment provides investment management, property, and insurance services. The company has a network of approximately 500 offices in 19 countries and territories in the Asia Pacific, Europe, and North America. The company was formerly known as United Chinese Bank and changed its name to United Overseas Bank Limited in 1965. United Overseas Bank Limited was founded in 1935 and is headquartered in Singapore.

Social Forum

Comment

Be the first to like this.

jack_ng Price target reduced to $15.5 by Maybank Kim Eng. It is time to take profit?

"2Q12 results, due Aug 7, are likely to be softer QoQ, in our view. Some features that we expect include a) stable loan expansion, b) a normalization of trading income and c) QoQ NIM contraction. The stock has outperformed its peers YTD (+22% vs 20% for DBS, 12% for OCBC). However, valuations are no longer cheap, in our view, with the stock trading at a 2012 P/BV of 1.4x for an ROE of 11.5% vs 1.1x for DBS (10.8% ROE) and 1.4x for OCBC (12.2% ROE). Our TP of SGD15.50 (P/BV 1.1x) is maintained."

18/07/2012 10:48 AM