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First-Half 2025 Profits Rise For UOB

Editorial Staff

8 August 2025

Singapore-headquartered reported an operating profit of S$4.0 billion ($3.11 billion) for the first half of 2025, rising by 3 per cent from a year earlier, which the lender said was supported by “broad-based double-digit growth in fee income.” 

Net profit, meanwhile, slipped by 3 per cent to S$2.8 billion from the year before, due to pre-emptive general allowance set aside as part of the group’s risk management measures amid the macroeconomic uncertainties, it said in a statement yesterday. 

UOB’s board declared an interim dividend of 85 cents per ordinary share, representing a payout ratio of about 50 per cent.

Net interest income held steady. Growth in loan volume helped to cushion the impact of margin compression from lower benchmark rates. Non-interest income registered positive momentum.

Net fee income for the first half of 2025 rose by 11 per cent across wealth management, loan-related and credit cards. Other non-interest income rose by 1 per cent, supported by a rise in customer-related treasury flows, although this was partially offset by softer trading and liquidity management activities.

Wealth
Wealth management income grew 15 per cent, driven by clients’ conversion of deposits into invested assets under management. High net worth AuM continued to build momentum with net new money inflows at S$3 billion in the second quarter of 2025, it said. 

“The group delivered a steady set of results driven by our core businesses, including robust fee growth across our diversified franchise. Asset quality was resilient, and our balance sheet remained strong, underpinned by healthy capital and liquidity levels,” Wee Ee Cheong, UOB’s deputy chairman and CEO, said.