UOB Lowers Outlook on Tariff Impact After 6% Drop in Q2 Profit; Shares Fall 1.8%
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3 Articles
UOB Resumes Guidance After Tariff-Driven Pause
Singapore-based UOB has resumed earnings guidance for the rest of 2025 after pausing in the first quarter due to uncertainty caused by US tariffs. UOB has resumed guidance for the rest of 2025 in its first-half earnings report. According to a CEO Wee Ee Cheong presentation, it expects full-year net interest margin to be 1.85-1.9 percent with low single-digit loan growth, high single-digit fee growth, flat operating expenses and net credit costs …
UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7) in early trade, on the back of the local bank’s second-quarter results. It saw a 6 per cent year-on-year decline in its net profit of S$1.34 billion for the three months ended June 2025, from S$1.43 billion in the same year-ago period.
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