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UOB reports record 2024 profit, announces $3B capital return plan amid ASEAN growth optimism.
United Overseas Bank (UOB) reported a strong fourth-quarter net profit of S$1.52 billion, an 8.6% increase from last year, beating analyst forecasts.
The bank's full-year 2024 net profit hit a record S$6 billion, up 6%.
UOB announced a S$3 billion capital return package over three years, including special dividends and a share buyback.
The bank's CEO remains optimistic about the ASEAN region's resilience and continued growth.
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UOB reporta récord de ganancias 2024, anuncia un plan de retorno de capital de $3B en medio del optimismo de crecimiento de la ASEAN.