<\/p>\n
Net fee income rose to a new high but non-interest income fell.<\/p>\n
UOB Group posted a $1.5b net profit for Q1 2025, flat compared to Q1 2024, its latest performance highlights report showed.<\/p>\n
The Singapore-headquartered bank said that profit was supported by \u201cbroad-based growth, including record fee income and robust loan growth.\u201d<\/p>\n
Earnings per ordinary share (basic) is $3.51.<\/p>\n
Net profit is a 2% decline compared to Q4 2024.<\/p>\n
Operating profit rose 7% to $2.1b compared to a year earlier. This is also 11% higher than in Q4 2024.<\/p>\n
Net fee income rose 20% to a new high of $694m on growth in loan-related and wealth management fees.<\/p>\n
Net interest income climbed 2% to nearly $2.41b with loans growing by 6%. Compared to Q4 2024, NII is 2% lower.<\/p>\n
Its nonperforming loan (NPL) ratio rose 0.1 percentage point to 1.6%.<\/p>\n
Other non-interest income declined 5% to $554m compared to Q1 2024, although compared to Q4 2024 it is 25% higher.<\/p>\n
Cost-to-income ratio improved from 44.6% to 42.6% on cost discipline.<\/p>\n
CET1 ratio is 15.5%, unchanged from Q4 2024. Cost to income ratio is 42.6%.<\/p>\n
UOB CEO and deputy chairman Wee Ee Cheong said that they are anticipating a slowdown in global growth in the near-term on market volatility from tariffs and disruptions in global trade.<\/p>\n
\u201cWe believe in ASEAN\u2019s resilience and long-term potential. The region\u2019s competitive edge in manufacturing and commodities will ensure its relevance as global supply chains reconfigure,\u201d Wee said.<\/p>\n
\u201cWe expect flows within ASEAN and between ASEAN and the rest of the world to continue growing as countries seek new ways to prosper,\u201d he added.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Net fee income rose to a new high but non-interest income fell. UOB Group posted a $1.5b net profit for Q1 2025, flat compared to Q1 2024, its latest performance highlights report showed. The Singapore-headquartered bank said that profit was supported by \u201cbroad-based growth, including record fee income and robust loan growth.\u201d Earnings per ordinary […]<\/p>\n","protected":false},"author":1,"featured_media":3979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/UOB-66-1000x445.jpeg",1000,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/UOB-66-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/UOB-66-300x204.jpeg",300,204,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/UOB-66.jpeg",1000,679,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=3978"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3978\/revisions"}],"predecessor-version":[{"id":3980,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3978\/revisions\/3980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/3979"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=3978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=3978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=3978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}