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UOB ( (SG:U11) ) just unveiled an update.
UOB Group reported a stable net profit of S$1.5 billion for the first quarter of 2025, supported by broad-based income growth, record fee income, and robust loan growth. Despite macroeconomic uncertainties due to US tariffs and global trade disruptions, UOB remains confident in ASEAN’s resilience and long-term potential. The bank’s diversified growth across wholesale and retail banking, along with a robust balance sheet and strong liquidity, positions it well to navigate challenges and support its customers and community.
More about UOB
UOB Group operates in the financial services industry, offering a range of banking services including wholesale and retail banking. The company focuses on the ASEAN region, leveraging its competitive edge in manufacturing and commodities to remain relevant in global supply chains.
Average Trading Volume: 3,791,257
Technical Sentiment Signal: Buy
Current Market Cap: S$58.32B
Learn more about U11 stock on TipRanks’ Stock Analysis page.