UOB - United Overseas Bank

[Mithrandir77]

Name:  United Overseas Bank

ISIN/WKN:  SG1M31001969

Webseite:  UOB Investor Relations

 

 

"Die United Overseas Bank (UOB) ist eine in Singapur ansässige Bankengruppe mit einem globalen Netzwerk, das vor allem im asiatisch-pazifischen Raum, aber auch in Europa und Nordamerika vertreten ist. Sie bietet eine breite Palette von Finanzdienstleistungen für Privat- und Firmenkunden an. 

Hauptmerkmale:

Tochterbanken: In China, Indonesien, Malaysia, Thailand und Vietnam.

Bewertung: Die United Overseas Bank (UOB) wird von den großen Ratingagenturen mit soliden Kreditratings bewertet. Fitch Ratings hat das langfristige Emittentenrating mit "AA-" und das kurzfristige Rating mit "F1+" bestätigt, mit stabilem Ausblick. Moody's Investors Service bewertet UOB mit "Aa1" und S&P Global ebenfalls mit "AA-".  

Vergleich aus dem Jahr 2023 mit den lokalen Wettbewerbern und internationaler Konkurrenz von Bloomberg:

 Aktivitäten: Neben dem Kerngeschäft in Singapur ist die UOB auch in Europa und Nordamerika tätig. 

Standort: Singapur, mit internationaler Präsenz.

Gründung: 1935 als United Chinese Bank, Umbenennung 1965.

Geschäftsfelder: Retail Banking, Wholesale Banking, Global Markets.

Globale Präsenz: Über 500 Filialen und Büros in 19 Ländern." (Quelle Google KI)

 

 

 

     

UOB ist nach Marktkapitalisierung die kleinste der drei grossen Banken aus Singapur mit Fokus auf die ASEAN Region. Durch die Übernahme des Citigroup Privatkundengeschäfts sind die nochmal stärker in Malaysia, Thailand, Indonesien und Vietnam vertreten.

In Thailand zum Beispiel eine Millionen neue Kunden. UOB Thailand sharpens retail banking focus after Citibank integration

Aktuell gibt es wie bei DBS und OCBC eine Special Dividend. Genau wie auf die normale Dividende wird darauf keine Quellensteuer fällig. 

DBS, UOB, OCBC offer 6% dividend yield. Should you buy now? (aktueller Vergleich aller drei Banken)

 

[Ramstein]

vor einer Stunde von Mithrandir77:

Als eine der weltweit führenden Banken von Ratingagenturen wie Moody's, S&P und Fitch bewertet.

Das sagt ja nun gar nichts, denn das Rating könnte auch grottenschlecht sein.

Ist es aber nicht. https://www.uobgroup.com/investor-relations/capital-and-funding-information/credit-ratings.html

[Mithrandir77]

vor einer Stunde von Ramstein:

Das sagt ja nun gar nichts, denn das Rating könnte auch grottenschlecht sein.

Ist es aber nicht. https://www.uobgroup.com/investor-relations/capital-and-funding-information/credit-ratings.html

habe es überarbeitet 

[Mithrandir77]

UOB lowers outlook on tariff impact after 6% drop in Q2 profit; shares fall 1.8%

 

Zitat

SINGAPORE – UOB on Aug 7 posted a 6 per cent drop in net profit for the second quarter of 2025 as interest rates declined, with the lender trimming its outlook for the year, citing the impact of US tariffs.

Net profit for the three months to June 30 was $1.34 billion, down from $1.43 billion in the year-ago period, missing the $1.48 billion forecast in a Bloomberg poll of analysts.

This was also a 10 per cent drop compared with its earnings of $1.49 billion in the previous quarter, which was also below analyst expectations.    

 

UOB declared an interim dividend of 85 cents a share for the half-year, down from 88 cents a year ago. Shareholders will also get a second tranche of a special dividend of 50 cents per share – part of the bank’s capital distribution package announced in February. 

Net interest income for the quarter fell 3 per cent to $2.34 billion. This came as net interest margin (NIM) dropped nine basis points from the first quarter to 1.91 per cent.      

For the first half-year, net profit fell 3 per cent year on year to $2.83 billion. UOB cited a pre-emptive general allowance set aside as part of the group’s risk management measures amid macroeconomic uncertainties.

Operating profit for the half-year rose 3 per cent to $4 billion, underpinned by broad-based double-digit growth in fee income.    

 

UOB announced its guidance on earnings for full-year 2025, after it had put a pause in the first quarter owing to economic uncertainty surrounding tariffs.

It forecast a NIM growth of 1.85 per cent to 1.9 per cent, with low single-digit loan growth and high single-digit fee growth.

This is lower than its original 2025 estimation at its fourth-quarter results briefing in February, where it forecast high single-digit loan growth and double-digit fee growth.

At a media briefing on Aug 7, UOB chief executive officer Wee Ee Cheong attributed the bank’s trimmed outlook to the muted economic growth of its Asean markets due to the impact of tariffs.

While UOB forecasts the first-order impact of tariffs to be manageable, it is concerned about the second-order impact on consumer spending and investment. 

Mr Wee, who is also the bank’s deputy chairman, added that while the bank is conservative in its outlook, it remains confident in the long-term prospects in South-east Asia as the world transitions to a multipolar world order.

The bank has an increased presence in Malaysia, Thailand, Vietnam and Indonesia after acquiring Citibank’s consumer banking business in the four countries in 2023. 

“We are the big elephant in the room now,” said Mr Wee of the bank’s larger customer base in the region, estimated to be more than 8.4 million. 

“We have to capitalise on that and increase our consumer offerings with lifestyle products, and also cross-sell wealth products and accounts in a multi-pronged approach.”

He cited digital and green economies, as well as infrastructure investments and customer service improvements, as priorities for growth.

Chief financial officer Leong Yung Chee said that despite market volatility leading to significant shifts in the environment, growth in loan-related services and fee income is testament to the bank’s strong franchise.

 

[Mithrandir77]

UOB reports 72% decline in profit but maintains dividend guidance: Our Quick Take

 

Zitat

UOB 3Q25 earnings highlights

UOB Group announced its earnings for the third quarter of 2025. Key highlights include: 

Net profit of S$443 million in 3Q 2025, down 72% year-on-year

Net profit of S$3.27 billion in 9M 2025, down 28% year-on-year

Allowance for credit and other losses increased by S$1.08 billion as UOB proactively set aside additional general allowance to strengthen its provision coverage.     

 

The decline in UOB's net profit was largely driven by higher provision of S$1.36 billion in 3Q25 million, compared with S$304 miilion in 3Q24.  UOB proactively took additional general provisions amid the current macroeconomic uncertainties and sector-specific headwinds.

UOB took S$687 million in general provisions and S$479 million in specific allowance on loans.  The specific allowance was related to U.S. and Greater China commercial real estate loans.  

With the additional general allowances, the performing loan coverage increased to 1.0% as of end-September 2025, from 0.8% as of end-June 2025.

The asset quality remained healthy as non-performing loan (NPL) ratio at 1.6%, was unchanged from 2Q25.  New NPL formation was partly offset by higher recoveries and write-offs during the quarter.    

 

Apart from the general provisions taken, UOB's net interest income has also been declining with the fall in interest rates in recent quarters. 

This has been partly offset by the growth in fee income with higher wealth management fees, loan-related services and credit card fees. 

This trend is expected to continue into 2026, with UOB expecting a further moderation in net interest margin but continued growth in its fee income.

On a more positive note, UOB has assured investors that the 2025 final dividend will not be impacted by the higher provisions taken in 3Q25.  

Annualising the interim ordinary dividend of 85 cents per share, UOB currently offers an annualised dividend yield of 5.0% based on its closing price of S$33.90 on 6 November.