United Overseas Bank Future Growth

Future criteria checks 1/6

United Overseas Bank is forecast to grow earnings and revenue by 4.9% and 4.7% per annum respectively. EPS is expected to grow by 4.8% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

4.9%

Earnings growth rate

4.8%

EPS growth rate

Banks earnings growth	4.7%
Revenue growth rate	4.7%
Future return on equity	12.1%
Analyst coverage	Good
Last updated	01 Sep 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

SET:UOB19 - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	14,984	6,372	N/A	N/A	12
12/31/2025	14,571	6,115	N/A	N/A	13
12/31/2024	14,234	6,012	N/A	N/A	13
6/30/2024	13,085	5,584	-29,164	-28,285	N/A
3/31/2024	13,016	5,573	N/A	N/A	N/A
12/31/2023	13,011	5,597	-17,061	-16,189	N/A
9/30/2023	12,899	5,460	N/A	N/A	N/A
6/30/2023	12,757	5,404	2,329	3,164	N/A
3/31/2023	12,147	5,178	N/A	N/A	N/A
12/31/2022	10,972	4,497	-19,111	-18,407	N/A
9/30/2022	10,149	4,367	N/A	N/A	N/A
6/30/2022	9,358	4,082	-32,047	-31,486	N/A
3/31/2022	9,028	3,901	N/A	N/A	N/A
12/31/2021	9,132	4,075	-33,203	-32,653	N/A
9/30/2021	8,662	3,655	N/A	N/A	N/A
6/30/2021	8,157	3,277	-12,350	-11,791	N/A
3/31/2021	7,787	2,977	N/A	N/A	N/A
12/31/2020	7,622	2,824	-5,390	-4,827	N/A
9/30/2020	8,056	3,134	N/A	N/A	N/A
6/30/2020	8,734	3,585	-8,096	-7,532	N/A
3/31/2020	9,402	4,049	N/A	N/A	N/A
12/31/2019	9,595	4,246	-10,124	-9,551	N/A
9/30/2019	9,396	4,142	-22,121	-21,555	N/A
6/30/2019	9,165	4,061	-23,015	-22,463	N/A
3/31/2019	8,889	3,970	-32,651	-32,088	N/A
12/31/2018	8,724	3,897	-27,849	-27,333	N/A
9/30/2018	8,726	3,845	-30,817	-30,362	N/A
6/30/2018	8,439	3,691	-31,684	-31,267	N/A
3/31/2018	8,116	3,459	N/A	-13,734	N/A
12/31/2017	7,835	3,288	N/A	-14,278	N/A
9/30/2017	7,642	3,182	N/A	-18,121	N/A
6/30/2017	7,554	3,090	N/A	-19,668	N/A
3/31/2017	7,481	3,045	N/A	-21,077	N/A
12/31/2016	7,467	3,004	N/A	-27,972	N/A
9/30/2016	7,460	3,040	N/A	-21,799	N/A
6/30/2016	7,531	3,107	N/A	-18,415	N/A
3/31/2016	7,440	3,069	N/A	-17,136	N/A
12/31/2015	7,376	3,104	N/A	-6,874	N/A
9/30/2015	7,170	3,105	N/A	-2,960	N/A
6/30/2015	7,052	3,114	N/A	1,025	N/A
3/31/2015	7,016	3,160	N/A	-241	N/A
12/31/2014	6,822	3,147	N/A	-9,611	N/A
9/30/2014	6,740	3,133	N/A	-18,302	N/A
6/30/2014	6,511	2,996	N/A	-22,213	N/A
3/31/2014	6,344	2,971	N/A	-28,768	N/A
12/31/2013	6,291	2,905	N/A	-36,382	N/A
9/30/2013	6,133	2,931	N/A	-31,681	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UOB19's forecast earnings growth (4.9% per year) is above the savings rate (2%).

Earnings vs Market: UOB19's earnings (4.9% per year) are forecast to grow slower than the TH market (15.1% per year).

High Growth Earnings: UOB19's earnings are forecast to grow, but not significantly.

Revenue vs Market: UOB19's revenue (4.7% per year) is forecast to grow slower than the TH market (6.5% per year).

High Growth Revenue: UOB19's revenue (4.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: UOB19's Return on Equity is forecast to be low in 3 years time (12.1%).