Quick summary of
$大华银行(U11.SG)$ earnings:
Financial Performance:
UOB's FY23 core net profit rose by 26% to a record S$6.1 billion.
The total dividend for FY23 will be S$1.70 per ordinary share, representing a payout ratio of approximately 50%.
In 4Q23, net income, excluding one-off expenses, increased by 7% to S$1.5 billion.
Market Outlook:
$大华银行(U11.SG)$ revised down its loan growth forecast for 2024...