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flag UOB reports record 2024 profit, announces $3B capital return plan amid ASEAN growth optimism.

flag 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. flag The bank's full-year 2024 net profit hit a record S$6 billion, up 6%. flag UOB announced a S$3 billion capital return package over three years, including special dividends and a share buyback. flag The bank's CEO remains optimistic about the ASEAN region's resilience and continued growth.

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