|Bid||29.29 x 0|
|Ask||29.36 x 0|
|Day's range||29.12 - 29.50|
|52-week range||25.91 - 32.55|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||10.97|
|Earnings date||23 Feb 2023|
|Forward dividend & yield||1.50 (5.08%)|
|Ex-dividend date||28 Apr 2023|
|1y target est||33.50|
An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a day after regulators sought to convince investors that the hit facing bond holders of embattled Credit Suisse is isolated. AT1 bonds from others such as Deutsche Bank, UBS and BNP Paribas rose more than 2 cents, data from MarketAxess and Tradeweb showed. On Monday bank AT1 bonds had taken a beating after news that those issued by Credit Suisse would be written down to zero as part of a rescue merger with UBS.
Singapore's banking system remains sound and resilient, and banks in the city-state have confirmed that their exposure to Credit Suisse is insignificant, the Monetary Authority of Singapore (MAS) said. The MAS said it had been in close contact with the Swiss Financial Market Supervisory Authority (FINMA), the parent supervisory authority of Credit Suisse Group AG, on recent developments surrounding the bank.
United Overseas Bank Ltd. (UOVEY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).