Shares & Derivatives
UOB Posted S$1.5 billion in Net Profit in 1Q25
By My Sweet Retirement  •  May 7, 2025
On 7th May 2025, UOB Group (UOB) shared their 1Q25 financial performance. UOB posted S$1.5 billion in net profit for the first quarter of 2025 (1Q25), unchanged year-on-year. On a quarter-on-quarter basis, Net Profit after Tax declined by 2%. At this point of writing, UOB makes up 3.11% of my stock portfolio. Are you wondering what is UOB’s share price and dividend yield? Before we look at UOB share price on whether it crashed due to decline in quarter-on-quarter profit, let us take a look at UOB’s revenue growth drivers. According to the presentation slides, UOB’s strong earnings were driven by broad-based income and franchise growth. As you can see below, UOB’s net fee income rose 20% year-on-year to a new high of S$694 million. Net interest income also increased 2% from the year before. The strong earnings were driven by robust loans growth. Loans grew 6% year-on-year. Trading and investment income grew 27% QoQ from stronger customer treasury income and good performance...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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