Correction: United Overseas Bank's Net Profit Falls 41% in H2, 2025; Shares Down 3%
MT Newswires
Feb 24
(Corrects the year ago net profit to SG$3.13 billion in the first paragraph)
United Overseas Bank's (SGX:U11) net profit in the second half of 2025 declined by 41% to SG$1.85 billion from SG$3.13 billion a year earlier, according to a Tuesday filing with the Singapore Exchange.
Earnings per share dropped to SG$2.17 from SG$3.67 in the year-ago period.
Net interest income fell by 6% year over year to SG$4.61 billion from SG$4.91 billion.
The directors recommended a final dividend of SG$0.71 per share for the period, down from SG$0.92 per share a year earlier. The dividend will be paid on May 8.
Shares of the bank were down over 3% in Tuesday trading.
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