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UOB (SG:U11)
SGX:U11
Holding SG:U11?
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.82Last Year’s EPS
0.84Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 10.72%
|Next Earnings Date:Sep 07, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong overall performance by UOB, highlighted by record-high net profits, robust loan and fee growth, and successful integration of Citi's acquisition. Despite facing specific operational challenges in Thailand and increased credit costs, the bank's resilient asset quality and strong capital position suggest a positive outlook.Company Guidance
During the UOB's Q3 2024 earnings call, the bank provided guidance on several key metrics. They forecast high single-digit loan growth and a double-digit increase in fees, particularly from cards, wealth, and trade-related activities. Total income is expected to rise, with a cost-to-income ratio projected between 41% to 42%. The bank also anticipates maintaining total credit costs within 25 to 30 basis points. With a strong capital position, as evidenced by a CET1 ratio of 15.5%, UOB is considering capital management strategies, including potential share buybacks or higher dividends, to optimize the use of their excess capital.Record-High Net Profit
UOB achieved a record-high net profit of SGD 1.6 billion, up 16% year-on-year, driven by broad-based growth across all business segments and key markets in ASEAN.
Strong Loan and Fee Growth
The bank saw a 2% growth in loans (SGD 5 billion from last quarter) and set a new high in fee income at SGD 630 million, supported by trade and wealth demand.
Resilient Asset Quality
NPL ratio remained stable at 1.5% with strong provisioning and a CET1 ratio of 15.5%, reflecting a robust capital and funding position.
Successful Integration of Citi Acquisition
Synergies from the Citi acquisition have started to show positive results, particularly in CASA penetration across 4 markets.
High Customer Treasury Income
Customer treasury income rose to an all-time high of SGD 270 million due to increased hedging demands and higher business flows.
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SG:U11 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SG:U11 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | S$33.30 | S$35.69 | +7.18% |
| Jul 31, 2024 | S$31.40 | S$31.10 | -0.96% |
| May 02, 2024 | S$29.51 | S$29.58 | +0.23% |
| Feb 22, 2024 | S$26.91 | S$26.67 | -0.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does UOB (SG:U11) report earnings?
UOB (SG:U11) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is UOB (SG:U11) earnings time?
UOB (SG:U11) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of UOB stock?
The P/E ratio of UOB is N/A.
What is SG:U11 EPS forecast?
SG:U11 EPS forecast for the fiscal quarter 2024 (Q4) is 0.82.
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