United Overseas Bank Logs Higher Q3 Net Profit; Interest Income Flat
MT Newswires11-04
United Overseas Bank (SGX:U11) posted SG$1.3 billion in net profit for the third quarter, compared with SG$443 million a year ago.
EPS moved to SG$2.96 from SG$1.01 year over year, a Wednesday filing with the Singapore Stock Exchange showed.
For the three months ended Sept. 30, net interest income was SG$2.28 billion, versus SG$2.27 billion previously, the Singaporean lender said.
The company's shares fell over 5% in recent trade.
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