United Overseas Bank Limited1 (UOB) is a Singapore-based bank with a network of over 500 offices in 18 countries and territories in Asia Pacific, Western Europe and North America. UOB provides a wide range of financial services through its global network of branches/offices and subsidiaries/associates. UOB's banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Indonesia, PT Bank UOB Buana, United Overseas Bank (China) and United Overseas Bank Philippines. The services provided by the Bank include personal financial services, private banking, trust services, commercial and corporate banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management, general insurance, life assurance and stockbroking services. UOB also has interests in travel and leasing.
Summary
| Founded | 1935 |
| Headquarters | Singapore |
| Sector | Commercial Banking |
| Net income | S$2.569 billion ▲ (FY 2006) |
| Website | http://www.uobgroup.com |
Peer Comparison
| Rank | Company Name | Sales USD m | Employees | Market Cap USD m | Net Income USD m | Net Profit Margin |
| 103 | Bank VTB OAO | 5,387.00 | 28,466 | 14,120.69 | 1,480.00 | 35.64% |
| 104 | IKB Deutsche Industriebank AG | 5,378.60 | 1,839 | 266.77 | -50.23 | -3.75% |
| 105 | Banco Espirito Santo SA | 5,243.21 | 9,481 | 5,967.99 | 944.44 | 31.73% |
| 106 | United Overseas Bank Ltd. | 5,229.62 | 21,432 | 20,181.60 | 1,496.72 | 42.85% |
| 107 | State Street Corporation | 5,212.00 | 27,110 | 30,049.64 | 1,261.00 | 15.13% |
| 108 | Alpha Bank S.A. | 5,010.41 | 12,907 | 9,132.41 | 1,250.18 | 34.45% |
| 109 | Mitsubishi UFJ Financial Gr Inc (Parent) | 4,918.88 | 996 | 0.00 | 3,932.67 | 0.00% |
Management
- Wee Cho Yaw, Chairman
- Wee Ee Cheong, Chief Executive Officer (with immediate effect as of 27th April 2007)
- Chong Kie Cheong, SEVP, Institutional Financial Services & Private Banking
- Francis Lee Chin Yong, SEVP, Personal Financial Services & International
- Terence Ong Sea Eng, SEVP, Global Treasury & Asset Management
- Bill Chua Teck Huat, EVP, Delivery Channels & Operations
- Susan Hwee, EVP, Information Technology
- Eddie Khoo Boo Jin, EVP, Personal Financial Services
- Lee Wai Fai, CFO & EVP, Corporate Services
- Tham Ming Soong, EVP, Risk Management
- Wee Joo Yeow, EVP, Corporate Banking
- Jenny Wong Mei Leng, EVP, Human Resources
- Yeo Eng Cheong, EVP, Commercial Credit
- Tay Tong Poh, EVP, Investment Banking
- Chew Mei Lee, SVP, Group Compliance
- Vivien Chan, SVP, Group Legal & Secretariat
- Victor Ngo, SVP, Internal Audit
Key Ratios
| Last Financial Period | 2007 |
| Reporting Currency | SGD |
| Relative Valuations | |
| P/E excluding Extraordinary Items | 14.11 |
| Price to Sales TTM | 5.53 |
| Price to Cash Flow | 12.64 |
| Price to Free Cash Flow | 4.90 |
| Price to Book | 1.77 |
| Price to Tangible Book Value | 2.21 |
| Tangible Book Value per Share | 8.57 |
| Financial Strength | |
| Current Ratio | |
| Quick Ratio | |
| Long Term Debt to Equity | 38.47 |
| Debt to Equity | 38.47 |
| Interest Coverage | |
| Profitability | |
| Pre-Tax Margin TTM | 52.73% |
| Pre-Tax Margin, 5-Yr Average | 55.83% |
| Net Profit Margin TTM | 41.76% |
| Net Profit Margin, 5-Yr Average | 44.13% |
| Operating Margin TTM | 52.73% |
| Operating Margin, 5-Yr Average | 55.83% |
| EBIT | |
| EBIT TTM | |
| EBIT Margin, 5-Yr Average | |
| Gross Margin TTM | |
| Gross Margin, 5-Yr Average | |
| Tax Rate | 20.85% |
| Tax Rate, 5-Yr Average | 20.95% |
| Effectiveness | |
| Return on Average Equity TTM | 12.93% |
| Return on Average Equity, 5-Yr Average | 12.55% |
| Return on Average Assets TTM | 1.24% |
| Return on Average Assets, 5-Yr Average | 1.32% |
| Return on Investment | |
| Return on Investment, 5-Yr Average | |
| Efficiency | |
| Revenue per Employee | 244,567 |
| Net Income per Employee | 104,801 |
| Asset Turnover | |
| Receivables Turnover | |
| Inventory Turnover | — |
References
- There's more information in Wikipedia that I can provide here: http://en.wikipedia.org/wiki/United_Overseas_Bank
