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UOB's profit fell 7% in Q4 due to lower interest margins, missing estimates, while cutting dividends and giving a bonus to junior staff.
United Overseas Bank reported a 7% decline in fourth-quarter net profit to S$1.41 billion, missing estimates, due to narrowing net interest margins and lower net interest income, despite a 10% rise in net fee income.
Full-year profit fell 23% to S$4.68 billion, pressured by pre-emptive provisions and margin headwinds.
The bank maintained its 2026 outlook, adjusting fee growth guidance to high single digits.
It announced a final dividend of S$0.71 per share, down from S$0.92, with a full-year payout of S$1.56.
UOB also gave a one-off half-month salary bonus to about 6,000 junior staff.
Shares dipped 4.6% amid broader market weakness.
El beneficio de UOB cayó un 7% en el cuarto trimestre debido a unos márgenes de interés más bajos, a la falta de estimaciones, a la reducción de los dividendos y a la concesión de una bonificación al personal subalterno.