UOB Group has announced an operating profit of S$1.9b for the third quarter of 2025, driven by robust franchise growth across loans, deposits, and wealth management. The bank’s strategic focus on Group Retail and Group Wholesale Banking has led to significant progress in wealth assets under management (AUM), card billings, and investment banking. Additionally, Global Markets capitalised on client demand for hedging and investment solutions.
Despite a 3% quarter-on-quarter decline in net interest income due to lower benchmark rates, UOB’s loan growth of 2% helped mitigate margin pressures. Fee income increased by 8% quarter on quarter, bolstered by growth in wealth, cards, and loan-related activities. The bank’s customer-related treasury income also reached a new high.
Net profit for the quarter stood at S$443m, as UOB proactively set aside additional general allowances to enhance provision coverage amidst macroeconomic uncertainties. This move increased performing loan coverage to 1% and non-performing asset coverage to 100%, or 240% including collateral. The bank assured that the final dividend payment for 2025 would remain unaffected by these allowances.
Looking forward, UOB aims to continue investing with discipline and delivering sustainable long-term value, reinforcing its position as a key player in the region’s financial landscape.
