United Overseas Bank — Q1 2021 Earnings Presentation

4 slides from United Overseas Bank's earnings presentation, May 6, 2021

Slide 1: First Quarter 2021 Performance Highlights
itt UOB First Quarter 2021 Performance Highlights 6 May 2021 UOB achieves strong start to 2021 with 1Q profit up 46% QoQ to SSI billion, driven by broad-based growth with record fees Balance sheet remained resilient supported by strong liquidity, capital and coverage UOB Group (Group) has achieved a
Slide 2: Financial performance
U O B First Quarter 2021 Performance Highlights tie 6 May 2021 Financial performance 1921 4Q20 a) 1Q20 vi ssm ssm % s$m % Net interest income 1,529 1,512 1 1,593 (4) Net fee income 638 522 22 515 24 Others 319 214 49 298 7 Total Income 2,486 2,249 Il 2,407 3 Total expenses (1,089) (1,049) 4 (1,086)
Slide 3: Asset quality; Liquidity and capital ratios
itt UOB First Quarter 2021 Performance Highlights 6 May 2021 Asset quality Allowance coverage 39 36 36 37 7 NPL formation stayed low this quarter. Coupled with payment recoveries, NPL 10 10 1.0 ratio improved to 1.5%, while total credit 0 nn costs on loans eased to 29 basis points. 4755 4944 5,075 A
Slide 4: Selected income statement and balance sheet items
U O B First Quarter 2021 Performance Highlights tie 6 May 2021 1921 4Q20 +/()% 1Q20__+/()% Selected income statement items (SSm) Net interest income 1,529 1,512 1 1,593 (4) Net fee and commission income 638 522 22 515 24 Other non-interest income 319 214 49 298 7 Total income 2,486 2,249 ii 2,407 3