Shares of Singapore's United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 billion) package to return surplus capital to investors.

SINGAPORE: Singapore's United Overseas Bank (UOB) maintained its guidance for 2025 after posting on Wednesday (Feb 19) a 9 per cent rise in fourth-quarter net profit that beat expectations and announcing a S$3 billion (US$2.

United Overseas Bank Ltd. announced a S$3 billion ($2.2 billion) plan to distribute excess capital over the next three years as it reported fourth-quarter profit that met expectations.

Singapores United Overseas Bank (OTC: UOVEY) reported a 9% year-on-year rise in Q4 net profit, surpassing analyst expectations. Net profit climbed to S$1.52 billion ($1.13 billion), driven by higher net interest income