Shares & Derivatives
Is United Overseas Bank The Stock To Bank On?
By Value Invest Asia  •  July 27, 2017

United Overseas Bank (UOB) (SGX: U11) is one of three locally listed banks in Singapore. It is the third largest bank by market capitalization, which comes in at S$40.03 billion.

UOB’s key markets are Singapore, Malaysia, Thailand, Indonesia and Greater China. It has more than 500 branches and representative offices in 19 countries.

Here are 7 things you need to know about UOB. Its closest competitor includes DBS Group Holdings Ltd (SGX: D05) and Oversea Chinese Banking Corporation Ltd (SGX:O39).

Stock Information

1

TICKER SYMBOL: SGX:U11

MARKET CAP: S$ 40.0 billion

INDUSTRY: Banking

The Business

To start off let’s look at the contribution of the different countries in which UOB operates. The chart below shows a breakdown of UOB’s profit before tax from the different countries. We can see that Singapore and Malaysia are still the most important contributors to UOB’s bottom-line.



Source: UOB 2016 Full year earnings presentation

Moving on, ...

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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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