United Overseas Bank is trading 5% down at SGD 42.60 following reports that the bank's 2025 profits declined even as wealth management income showed growth.
- The sharp move lower follows a recent period of weakness where shares retreated from mid-40s levels, fueled by persistent investor caution regarding the bank's earnings trajectory.
- Sentiment remains dampened after a previous 4% slide in Singapore trading, as markets digest the impact of the projected profit outlook on long-term valuation.