---
title: "UOB shares fall over 5% after Q3 earnings miss forecast"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304188519.md"
description: "UOB shares dropped over 5% after its Q3 net profit of S$1.25 billion missed the S$1.38 billion consensus forecast. Although profits surged 182.2% year-on-year from a low base, earnings fell short of expectations. Net interest margins narrowed to 1.68%, while record fee income supported results. The stock closed at S$38.48, down nearly 5%."
datetime: "2026-11-04T01:21:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304188519.md)
  - [en](https://longbridge.com/en/news/304188519.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304188519.md)
generator: "portal-rs"
---

# UOB shares fall over 5% after Q3 earnings miss forecast

\[SINGAPORE\] Shares of UOB fell over per cent at Wednesday’s (Nov 4) open after the lender reported third-quarter earnings that missed analyst forecasts. The counter fell 5.3 per cent lower to S$38.30 when market opened.

As at 9.15 am, the counter was down 4.99 per cent, or S$1.96, to S$38.48, with 1.93 million shares traded.

The fall comes after UOB reported a 182.2 per cent year-on-year increase in net profit to S$1.25 billion for the third quarter ended 30 September 2026, from S$443 million a year earlier on Wednesday morning.

However, earnings fell short of the S$1.38 billion consensus forecast from six analysts polled by Bloomberg.

The sharp increase came off a low base, following a 72 per cent plunge in net profit in Q3 2025, when the lender set aside S$1.36 billion in allowances for credit and other losses amid macroeconomic uncertainties and sector-specific headwinds.

While record net fee income from its wealth, cards and loan-related businesses supported earnings, net interest income was largely flat as margins came under pressure. Customer-related treasury income also hit a record, driven by strong demand for hedging solutions.

Net interest income edged up 1 per cent to S$2.28 billion from S$2.27 billion a year earlier. However, net interest margin, a key measure of lending profitability, narrowed to 1.68 per cent from 1.82 per cent.

Earnings per share rose to S$2.98 for the quarter, from S$1.01 a year earlier.

The other two local banks DBS and OCBC are scheduled to report their Q3 results on Thursday and Friday, respectively.

Ahead of the earnings announcement, UOB shares closed 0.5 per cent, or S$0.20, lower at S$40.46 on Tuesday.

### Related Stocks

- [UOVEY.US](https://longbridge.com/en/quote/UOVEY.US.md)
- [U11.SG](https://longbridge.com/en/quote/U11.SG.md)

## Related News & Research

- [Singapore UOB's third-quarter net profit undershoots expectations](https://longbridge.com/en/news/304178741.md)
- [United Overseas Bank: Record fees and loan growth supported earnings amid funding-cost pressure](https://longbridge.com/en/news/304179572.md)
- [Singapore's United Overseas Bank Q3 profit falls from previous quarter](https://longbridge.com/en/news/304178718.md)
- [SG Morning Brief｜DBS Misses Q3, STI Flat as Dow Soars 1,500](https://longbridge.com/en/news/304356844.md)
- [Singapore’s UOB, Amazon Web Services to jointly explore AI-driven banking innovation across ASEAN](https://longbridge.com/en/news/301381252.md)

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