SGX:U11Banks
The Bull Case For United Overseas Bank (SGX:U11) Could Change Following Its S$3 Billion Capital Return Package
In recent weeks, United Overseas Bank (UOB) priced £750 million and €850 million of covered bonds and announced a S$3.00 billion capital return package, including a special dividend and share buyback, even as its Q3 2025 net profit fell 72% on higher pre-emptive credit allowances.
This combination of bolstered shareholder payouts and proactive funding and provisioning signals management’s emphasis on balance-sheet resilience amid a less favourable interest rate backdrop.
Next, we’ll examine...