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BRIEF-United Overseas Bank posts qtrly net profit after tax S$807 million
April 27, 2017 / 11:09 PM / 3 months ago

BRIEF-United Overseas Bank posts qtrly net profit after tax S$807 million

1 Min Read

April 28 (Reuters) - United Overseas Bank Ltd

* Qtrly net profit after tax S$807 million versus S$766 million a year ago

* No dividend on ordinary shares has been declared for Q1 of 2017

* Qtrly net interest margin decreased 5 basis points to 1.73%.

* As at 31 March 2017, group's common equity tier 1 and total capital adequacy ratio (CAR) remained strong at 13.2% and 17.3% respectively

* Qtrly net interest income grew 2.3% to S$1.30 billion Source text for Eikon: Further company coverage:

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