UOB's Capital Management Could Be Boosted by Noncore Asset Sales -- Market Talk

Dow Jones
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0408 GMT - United Overseas Bank's capital management could be boosted if it sells some noncore assets, Macquarie Capital's Jayden Vantarakis says in a note. The bank's 4Q common equity Tier 1 ratio, which measures high-quality capital as a share of risk-weighted assets, stood at 14.9%, he notes. The Singapore lender confirmed a review of its asset-management arm is under way, which could raise further capital, he adds. Sales of noncore investments, such as its stake in brokerage UOB Kay Hian, could also contribute, he says. The analyst trims his 2026-2027 projected EPS by less than 2% to reflect potentially lower fees and higher net interest income. Macquarie Capital maintains its outperform rating and S$41.00 target price. Shares fall 0.4% to S$37.05. (megan.cheah@wsj.com)

 

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February 24, 2026 23:08 ET (04:08 GMT)

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