---
title: "Singapore UOB's third-quarter net profit undershoots expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304178741.md"
datetime: "2026-11-03T23:12:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304178741.md)
  - [en](https://longbridge.com/en/news/304178741.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304178741.md)
generator: "portal-rs"
---

# Singapore UOB's third-quarter net profit undershoots expectations

By Rae Wee

SINGAPORE, Nov 4 (Reuters) - Singapore’s United Overseas Bank (UOBH.SI) , or UOB, on Wednesday posted net profit of S$1.25 billion ($975.72 million) for the July-September period, as net fee income reached a new high.

UOB’s third-quarter net profit was more than double that of a year earlier, though it came from a low base due to a surge in credit provisions by the lender in the year-ago quarter.

The results underperformed the mean estimate of S$1.35 billion from two analysts, according to LSEG data.

($1 = 1.2811 Singapore dollars)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**