UOB's third-quarter operating profit declined 3% year on year, as weaker treasury income from noncustomer activities, driven by less favorable market conditions, more than offset stronger net fee income and treasury customer income. Shares fell 6% as earnings missed consensus forecasts.
UOB will benefit from increased scale in ASEAN following the Citi acquisitions.
UOB has not been as strong in private banking and wealth management as some of its rivals, potentially limiting its ability to increase fee income in this area as quickly as its rivals do.
Metric | U11 | O39 | D05 |
|---|---|---|---|
Price/Earnings (Normalized) | 13.28 | 16.61 | 17.97 |
Price/Book Value | 1.25 | 2.05 | 2.90 |
Price/Sales | 4.57 | 8.48 | 8.71 |
Price/Cash Flow | 9.05 | 16.86 | 15.60 |
Metric | U11 | O39 | D05 |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Metric | U11 | O39 | D05 |
|---|---|---|---|
Return on Assets (Normalized) | 0.82% | 1.16% | 1.19% |
Return on Equity (Normalized) | 9.53% | 13.11% | 15.97% |
Return on Invested Capital (Normalized) | — | — | — |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Intesa Sanpaolo ADR ISNPY | LOCK|MvD>$t>h | LOCK|hf | $124B | |||
| Mizuho Financial Group Inc ADR MFG | LOCK|MDWSRBr | LOCK|#N> | $121B | |||
| BNP Paribas ADR BNPQY | LOCK|#><@$Tz | LOCK|TSj | $118B | |||
| U.S. Bancorp USB | LOCK|%Swj>Ck | LOCK|LTm | $95B | |||
| PNC Financial Services Group Inc PNC | LOCK|&HlZ#?d | LOCK|M^Pz> | $92B | |||
| Itau Unibanco Holding SA ADR ITUB | LOCK|&@!Qmd | LOCK|md | $87B | |||
| Lloyds Banking Group PLC ADR LYG | LOCK|&mw#Ng | LOCK|Jh@f | $74B | |||
| Deutsche Bank AG DB | LOCK|p#M | LOCK|^&? | $69B | |||
| NatWest Group PLC ADR NWG | LOCK|fKGBF<< | LOCK|CW$% | $63B | |||
| Truist Financial Corp TFC | LOCK|f?Z%$S | LOCK|%$ | $60B |
United States