UOB Group has announced an operating profit of S$7.7b for the financial year ending 31 December 2025, driven by robust fee momentum in its wholesale and retail banking sectors. However, net profit decreased by 23% to S$4.7b, primarily due to pre-emptive general allowances set aside in the third quarter to bolster provision coverage against macroeconomic uncertainties.
The bank’s Board has proposed a final dividend of 71 cents per ordinary share, culminating in a total dividend of S$1.56 per share for FY25, excluding the pre-emptive provision from the final dividend calculation. Additionally, a special dividend of 50 pence per share was distributed in two tranches during the year.
Despite a 3% decline in net interest income, UOB saw a 7% increase in net fee income, reaching a record S$2.6b, thanks to significant growth in wealth management and loan-related fees. Asset quality remained stable with a non-performing loan ratio of 1.5%, and credit costs improved to 19 basis points in the fourth quarter.
Group Wholesale Banking’s operating profit fell 8% due to lower interest rates, but investment banking and customer-related treasury income achieved record highs. Retail Banking reported a 9% decline in operating profit to S$2.3b, with growth in wealth management and card billings offsetting income pressures.
UOB will also provide a one-off supplementary payout to junior employees, recognising their contributions in challenging times. Deputy Chairman and CEO Wee Ee Cheong highlighted the bank’s strong balance sheet and commitment to enhancing regional connectivity and digital capabilities to support customers and seize new opportunities.
