United Overseas Bank Limited
United Overseas Bank Limited, together with its subsidiaries, provides banking products and services worldwide. It operates through three segments: Group Retail, Group Wholesale Banking, and Global Markets. The company offers deposit products; loan products, including overdraft, cash credit, short term, and long-term loans; and buyers credit, structured trade finance, ECBs, SGD bonds, loan syndic… Read more
United Overseas Bank Limited (UOVEF) - Net Assets
Latest net assets as of June 2025: $50.57 Billion USD
Based on the latest financial reports, United Overseas Bank Limited (UOVEF) has net assets worth $50.57 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($537.84 Billion) and total liabilities ($487.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $50.57 Billion |
| % of Total Assets | 9.4% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | 28.9% |
| 10-Year Change | 61.55% |
| Growth Volatility | 6.52 |
United Overseas Bank Limited - Net Assets Trend (2002–2024)
This chart illustrates how United Overseas Bank Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for United Overseas Bank Limited (2002–2024)
The table below shows the annual net assets of United Overseas Bank Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $49.96 Billion | +7.51% |
| 2023-12-31 | $46.47 Billion | +6.56% |
| 2022-12-31 | $43.61 Billion | +1.74% |
| 2021-12-31 | $42.86 Billion | +10.59% |
| 2020-12-31 | $38.76 Billion | -2.78% |
| 2019-12-31 | $39.86 Billion | +5.42% |
| 2018-12-31 | $37.81 Billion | +2.10% |
| 2017-12-31 | $37.04 Billion | +12.09% |
| 2016-12-31 | $33.04 Billion | +6.85% |
| 2015-12-31 | $30.92 Billion | +3.87% |
| 2014-12-31 | $29.77 Billion | +12.02% |
| 2013-12-31 | $26.58 Billion | +5.17% |
| 2012-12-31 | $25.27 Billion | +9.19% |
| 2011-12-31 | $23.14 Billion | +6.88% |
| 2010-12-31 | $21.65 Billion | +13.04% |
| 2009-12-31 | $19.16 Billion | +21.86% |
| 2008-12-31 | $15.72 Billion | -11.32% |
| 2007-12-31 | $17.73 Billion | +3.20% |
| 2006-12-31 | $17.18 Billion | +12.85% |
| 2005-12-31 | $15.22 Billion | +12.02% |
| 2004-12-31 | $13.59 Billion | +1.12% |
| 2003-12-31 | $13.44 Billion | +4.96% |
| 2002-12-31 | $12.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Overseas Bank Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4184100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $41.84 Billion | 84.13% |
| Common Stock | $5.35 Billion | 10.76% |
| Other Comprehensive Income | $183.00 Million | 0.37% |
| Other Components | $2.36 Billion | 4.74% |
| Total Equity | $49.73 Billion | 100.00% |
United Overseas Bank Limited Competitors by Market Cap
The table below lists competitors of United Overseas Bank Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agilent Technologies Inc
NYSE:A
|
$31.54 Billion |
|
Carnival Plc ADS
NYSE:CUK
|
$31.61 Billion |
|
Ferrovial SE
NASDAQ:FER
|
$31.67 Billion |
|
Carnival Corporation
NYSE:CCL
|
$31.73 Billion |
|
Japan Tobacco Inc
PINK:JAPAF
|
$31.32 Billion |
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
$31.26 Billion |
|
Kotak Mahindra Bank Limited
NSE:KOTAKBANK
|
$31.22 Billion |
|
National Bank of Canada
PINK:NTIOF
|
$31.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Overseas Bank Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,226,000,000 to 49,733,000,000, a change of 3,507,000,000 (7.6%).
- Net income of 6,045,000,000 contributed positively to equity growth.
- Dividend payments of 2,896,000,000 reduced retained earnings.
- Share repurchases of 102,000,000 reduced equity.
- Other comprehensive income increased equity by 505,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.04 Billion | +12.15% |
| Dividends Paid | $2.90 Billion | -5.82% |
| Share Repurchases | $102.00 Million | -0.21% |
| Other Comprehensive Income | $505.00 Million | +1.02% |
| Other Changes | $-45.00 Million | -0.09% |
| Total Change | $- | 7.59% |
Book Value vs Market Value Analysis
This analysis compares United Overseas Bank Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.93x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.16x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $5.23 | $26.99 | x |
| 1999-12-31 | $5.34 | $26.99 | x |
| 2000-12-31 | $6.43 | $26.99 | x |
| 2001-12-31 | $10.58 | $26.99 | x |
| 2002-12-31 | $8.05 | $26.99 | x |
| 2003-12-31 | $8.45 | $26.99 | x |
| 2004-12-31 | $8.57 | $26.99 | x |
| 2005-12-31 | $9.71 | $26.99 | x |
| 2006-12-31 | $10.99 | $26.99 | x |
| 2007-12-31 | $11.40 | $26.99 | x |
| 2008-12-31 | $10.33 | $26.99 | x |
| 2009-12-31 | $12.57 | $26.99 | x |
| 2010-12-31 | $14.05 | $26.99 | x |
| 2011-12-31 | $14.68 | $26.99 | x |
| 2012-12-31 | $15.89 | $26.99 | x |
| 2013-12-31 | $16.70 | $26.99 | x |
| 2014-12-31 | $18.52 | $26.99 | x |
| 2015-12-31 | $19.15 | $26.99 | x |
| 2016-12-31 | $20.26 | $26.99 | x |
| 2017-12-31 | $22.24 | $26.99 | x |
| 2018-12-31 | $22.51 | $26.99 | x |
| 2019-12-31 | $23.69 | $26.99 | x |
| 2020-12-31 | $24.39 | $26.99 | x |
| 2021-12-31 | $25.36 | $26.99 | x |
| 2022-12-31 | $25.80 | $26.99 | x |
| 2023-12-31 | $27.50 | $26.99 | x |
| 2024-12-31 | $29.12 | $26.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Overseas Bank Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.22%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 10.81x
- Recent ROE (12.15%) is above the historical average (10.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 6.12% | 19.70% | 0.03x | 9.20x | $-214.45 Million |
| 1999 | 13.49% | 43.34% | 0.03x | 9.83x | $200.31 Million |
| 2000 | 13.48% | 47.89% | 0.03x | 9.80x | $235.51 Million |
| 2001 | 7.34% | 41.75% | 0.02x | 8.95x | $-336.80 Million |
| 2002 | 8.41% | 34.56% | 0.03x | 8.49x | $-201.06 Million |
| 2003 | 9.05% | 38.05% | 0.03x | 8.54x | $-126.12 Million |
| 2004 | 10.80% | 44.55% | 0.02x | 10.04x | $107.89 Million |
| 2005 | 11.45% | 45.44% | 0.03x | 9.72x | $216.34 Million |
| 2006 | 15.31% | 53.14% | 0.03x | 9.61x | $891.42 Million |
| 2007 | 12.17% | 43.30% | 0.03x | 10.10x | $376.60 Million |
| 2008 | 12.44% | 36.89% | 0.03x | 11.75x | $379.53 Million |
| 2009 | 10.02% | 35.18% | 0.03x | 9.77x | $3.07 Million |
| 2010 | 12.55% | 46.48% | 0.03x | 9.96x | $548.51 Million |
| 2011 | 10.13% | 40.83% | 0.02x | 10.32x | $30.29 Million |
| 2012 | 11.18% | 43.29% | 0.03x | 10.08x | $295.13 Million |
| 2013 | 11.40% | 44.81% | 0.02x | 10.77x | $369.11 Million |
| 2014 | 10.99% | 43.69% | 0.02x | 10.37x | $292.17 Million |
| 2015 | 10.43% | 39.95% | 0.03x | 10.27x | $132.06 Million |
| 2016 | 9.42% | 38.42% | 0.02x | 10.34x | $-191.03 Million |
| 2017 | 9.20% | 38.30% | 0.02x | 9.73x | $-294.70 Million |
| 2018 | 10.65% | 43.99% | 0.02x | 10.32x | $245.69 Million |
| 2019 | 10.96% | 43.31% | 0.02x | 10.20x | $379.69 Million |
| 2020 | 7.13% | 38.24% | 0.02x | 10.56x | $-1.18 Billion |
| 2021 | 9.56% | 44.62% | 0.02x | 10.77x | $-188.30 Million |
| 2022 | 10.55% | 41.68% | 0.02x | 11.63x | $236.40 Million |
| 2023 | 12.35% | 43.89% | 0.02x | 11.33x | $1.09 Billion |
| 2024 | 12.15% | 45.22% | 0.02x | 10.81x | $1.07 Billion |
Industry Comparison
This section compares United Overseas Bank Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Overseas Bank Limited (UOVEF) | $50.57 Billion | 6.12% | 9.63x | $31.36 Billion |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |