Pop Pulse News

United Overseas Bank Third Quarter 2024 Earnings: Beats Expectations


United Overseas Bank Third Quarter 2024 Earnings: Beats Expectations

Profit margin: 45% (up from 43% in 3Q 2023). The increase in margin was driven by higher revenue.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%.

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Banks industry in Asia.

It is worth noting though that we have found 1 warning sign for United Overseas Bank that you need to take into consideration.

Previous articleNext article

POPULAR CATEGORY

corporate

7791

tech

8851

entertainment

9710

research

4191

wellness

7539

athletics

9957