UOB reported net income for the fourth quarter that missed the average analyst estimate.
FOURTH QUARTER RESULTS
Net income S$1.50 billion, +7.2% y/y, estimate S$1.51 billion (Bloomberg Consensus) (2 estimates)
Net profit including one-off costs S$1.40 billion, +22% y/y
Net interest income S$2.40 billion, -6.1% y/y