In 1HFY2024, UOB reported a core net profit of $3.05 billion, down 1% y-o-y. Including Citi integration costs, net profit in 1HFY2024 was unchanged at $2.92 billion.
United Overseas Bank (UOB) has announced core net profit of $1.489 billion for 2QFY2024, down 5% q-o-q and up 1% y-o-y. Including Citi integration costs, net profit rose 1% y-o-y but fell 4% q-o-q to $1.425 billion.
This compares with the Street's estimate of $1.42 billion for 2QFY2024.
