United Overseas Bank — Q1 2022 Earnings Presentation

4 slides from United Overseas Bank's earnings presentation, Apr 29, 2022

Slide 1: First Quarter 2022 Performance Highlights
itt UOB First Quarter 2022 Performance Highlights 29 April 2022 UOB posts $$906 million in first quarter net profit Customer franchise and asset quality remains resilient UOB Group (UOB) has posted $$906 million in net profit for the first quarter of 2022 (IQ22), down 11% quarter on quarter (QoQ), a
Slide 2: Financial performance
tie U O B First Quarter 2022 Performance Highlights 29 April 2022 Financial performance 1Q22 4Q21 1Q21 s$m s$m ve % ssm ne re Net interest income 1,686 1,677 1,529 Net fee income 572 580 ‘ 619 io Others 101 V7 (43) 338 (70) Total income 2,359 2,434 (3) 2,486 (5) Less: Total expenses 1,058 1,095 (3)
Slide 3: Asset quality; Liquidity and capital ratios
{tt UOB First Quarter 2022 Performance Highlights 29 April 2022 Asset quality Allowance coverage 37 35 34 31 31 Asset quality remained resilient with the non-performing loan (NPL) ratio stable at 10 10 10 10 09 1.6%. Total credit costs at 19 basis points . _—__»— =» were in line with expectations. 5
Slide 4: Financial Highlights
itt UOB Financial Highlights Selected income statement items (SS$m) Net interest income Net fee and commission income Other non-interest income Total income Less: Operating expenses Operating profit Less: Allowances for credit and other losses Add: Share of profit of associates and joint ventures Ne