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Singapore's UOB Third-Quarter Net Profit Decline

Singapore's United Overseas Bank (UOB) reported a significant 72% decrease in net profit for the third quarter of 2025, falling to S$443 million from S$1.61 billion a year earlier. The decline was primarily attributed to a surge in allowance for credit and other losses. Despite missing forecasts, UOB took proactive measures to strengthen provision coverage amidst macroeconomic uncertainties and sector-specific challenges.

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    • LadyPercivalLadyPercival
      ·11-13
      $UOB(U11.SI)$  remains as a solid stock for long term hold despite disappointing Q3 earnings. Just hold on. 
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    • LadyPercivalLadyPercival
      ·11-13
      $UOB(U11.SI)$  remains as a solid stock for long term hold despite disappointing Q3 earnings. Just hold on. 
      看260回复Comment
      点赞2
      编组 21备份 2Share
      Report
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