--- title: "UOB leads Singapore blue chip losses on lower Q4 earnings, Wall Street’s tumble" description: "UOB shares fell to a one-month low after reporting a 7% decline in Q4 profit, dropping to S$37. The bank's net profit for the quarter ended Dec 31 was S$1.41 billion, missing the S$1.44 billion consen" type: "news" locale: "en" url: "https://longbridge.com/en/news/276677187.md" published_at: "2026-02-24T03:12:28.000Z" --- # UOB leads Singapore blue chip losses on lower Q4 earnings, Wall Street’s tumble > UOB shares fell to a one-month low after reporting a 7% decline in Q4 profit, dropping to S$37. The bank's net profit for the quarter ended Dec 31 was S$1.41 billion, missing the S$1.44 billion consensus estimate. Peers DBS and OCBC also saw declines, while other ST Index components dropped following a significant fall in the Dow Jones. \[SINGAPORE\] Shares of UOB hit a one-month low in early trade on Tuesday (Feb 24) after the lender posted a 7 per cent decline in fourth quarter profit. As at 9.13 am, the counter fell as much as 4.6 per cent or S$1.80 to S$37, with over 1.7 million shares changing hands. This marked the stock’s lowest price in over a month, as it last traded lower on Jan 22. By 9.45 am, it had pared down some losses and was trading at S$37.15, still down 4.3 per cent or S$1.65, with more than 3.1 million shares transacted. This came as UOB’s Q4 net profit for the quarter ended Dec 31 fell 7 per cent to S$1.41 billion, from S$1.52 billion in the year-ago period, amid margin pressures from lower benchmark rates. UOB’s peers DBS and OCBC retreated 0.9 per cent or S$0.51 to S$57.64 and 2 per cent or S$0.43 to S$21.26 respectively. Among other ST Index components, ST Engineering, Jardine Matheson, ThaiBev were down 1.8 to over 2 per cent after the Dow Jones plunged 822 points or 1.66 per cent overnight on Wall Street. The lower performance missed the S$1.44 billion consensus estimate of a Bloomberg survey. ### Related Stocks - [O39.SG - OCBC Bank](https://longbridge.com/en/quote/O39.SG.md) - [D05.SG - DBS](https://longbridge.com/en/quote/D05.SG.md) - [U11.SG - UOB](https://longbridge.com/en/quote/U11.SG.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | DBS to impose 12-hour cooling period for adding new payees, raising daily transfer limits | DBS Bank will implement a 12-hour cooling period starting March 7 for digital banking users when adding new payees, incr | [Link](https://longbridge.com/en/news/276526067.md) | | DBS, Granite Asia Form Three-Year Partnership | DBS, Granite Asia Form Three-Year Partnership | [Link](https://longbridge.com/en/news/276705239.md) | | SGX complaint filed against OCBC on its sustainable financing disclosures | A complaint has been filed with the Singapore Exchange (SGX) against OCBC for not fully disclosing its exposure to capti | [Link](https://longbridge.com/en/news/276643037.md) | | DBS partners with Granite Asia, closes $110 million AI IPO fund for wealth clients | DBS Group has partnered with Granite Asia to launch a $110 million AI-focused IPO fund for its wealth clients. This thre | [Link](https://longbridge.com/en/news/276557975.md) | | Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY) Short Interest Up 20.1% in January | Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY) experienced a 20.1% increase in short interest in January, t | [Link](https://longbridge.com/en/news/276119012.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.