FY 2010 Annual performance of UOB, DBS, OCBC

With the release of UOB Bank results today, a comparison is made with DBS Bank and OCBC Bank.

On most accounts, UOB turned in a splendid performance compared to DBS and OCBC. The return on equity (ROE) is the highest for UOB at 14.3%. Dividend yield for UOB is 3.89% and is also highest. At Price Earnings (PE) of 10.6 times, UOB share price valuation is the lowest and is attractive.

UOB

Net Profit $2.7 billion (up 42%)
ROE   14.3%
EPS     $1.70
Total dividend per share  70 cents (41% of EPS)
Dividend yield 3.89% (based on 24 Feb share price of $18.00)
PE ratio 10.6 times

DBS

Net Profit $1.63 billion (down 20%)
ROE   10.2%
EPS    70 cents
Total dividend per share  56 cents (80% of EPS)
Dividend yield 3.83% (based on 18 Feb share price of $14.60)
PE ratio 20.8 times

OCBC

Net Profit $2.25 billion (up 15%)
ROE   12.1%
EPS    66.1 cents
Total dividend per share  30 cents (45% of EPS)
Dividend yield 3.18% (based on 18 Feb share price of $9.41)
PE ratio 14.2 times

Copyright © 2011, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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