UOB’s Q4 Profit Falls Short of Estimates as Trading Income Softens
United Overseas Bank reported fourth-quarter net profit of S$1.41 billion, missing the S$1.45 billion consensus and declining from S$1.52 billion a year earlier. Weaker trading income and margin pressures offset modest loan growth and a rise in fee income. For the full year the bank posted S$4.68 billion in net profit and proposed a final dividend …