SGX:U11Banks
Reassessing United Overseas Bank (SGX:U11) Valuation After S$3b Capital Return, Covered Bonds and Q3 Profit Drop
United Overseas Bank (SGX:U11) is back in focus after unveiling a S$3 billion capital return package and fresh covered bond issuances, even as Q3 2025 profit dropped sharply on higher precautionary credit allowances.
See our latest analysis for United Overseas Bank.
Those capital returns and covered bond deals come after a volatile stretch, with the latest S$34.75 share price sitting below its peak but supported by a resilient 5 year total shareholder return near 100 percent. This suggests...