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Analysts positive on UOB as dividends surprised, worst of O&G over

Samantha Chiew
Samantha Chiew2/15/2018 11:08 AM GMT+08  • 4 min read
Analysts positive on UOB as dividends surprised, worst of O&G over
SINGAPORE (Feb 15): UOB on Wednesday announced its 4Q17 results, posting a 16% increase in earnings to $855 million. This brings FY17 earnings to $3.39 billion, 9% higher than a year ago.
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SINGAPORE (Feb 15): UOB on Wednesday announced its 4Q17 results, posting a 16% increase in earnings to $855 million. This brings FY17 earnings to $3.39 billion, 9% higher than a year ago.

The stronger bottomline was led by healthy growth in net interest income, fee and commission income and net trading income but partly offset by higher operating expenses and allowances.

Net interest income increased by 15% to $1.46 billion, contributed by higher net interest margin and loan growth.

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