SGX:U11Banks
United Overseas Bank (SGX:U11) Stock Gains Meet Lingering Margin Squeeze
United Overseas Bank stock closed at S$43.30 after a flat month and only a small dip over the past week, even though the bank just posted another quarter of solid profit. The headline this season is margin pressure. Net profit margin over the last 12 months sits at 39.6%, down from 44.1% a year earlier. That squeeze matters far more for long term shareholders than a one day move because it shapes how investors think about UOB’s earnings power over the next few years and what they might be...