Skip to content
Vanity Fair Fashion
Culture

UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported

By Kim Browne

UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported

Shares of UOB fell by more than 2 per cent on Thursday (Aug 7), on the back of the local bank’s second-quarter results, which saw a 6 per cent year-on-year decline in its net profit of S$1.34 billion for the three months ended June 2025, from S$1.43 billion in the same year-ago period.

This figure had missed the S$1.48 billion consensus estimate in a Bloomberg poll of six analysts. The fall in net profit also came as net interest income for Q2 fell 3 per cent to S$2.34 billion, as net interest margin declined 14 basis points to 1.91 per cent, from 2.05 per cent a year prior.

As at 9.01 am, its shares declined by 2.1 per cent or S$0.74 to S$35.71, before rebounding to S$36.04 at 9.06 am, down S$0.41. By 9.18 am, the counter was trading 1.4 per cent or S$0.52 down at S$35.93, and fell further to S$35.89 at 9.20 am. At 9.30 am, UOB shares were trading 1.8 per cent or S$0.66 lower at S$35.79, after 2.4 million securities changed hands.

UOB declared an interim dividend of S$0.85 per share for the half-year ended Jun 30, a decrease from S$0.88 in the previous year. A second tranche of the bank’s S$0.50 per share special dividend will also be paid to shareholders.

Share with us your feedback on BT's products and services

Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.

More Culture

UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported - Vanity Fair Fashion