UOB 1Q26 earnings highlights
UOB Group announced its earnings for the first quarter of 2026. Key features include: Net profit of S$1.44 billion in 1Q26, down 4% year-on-year, net interest margin of 1.82%, down from 1.84% in 4Q25, asset quality stable, NPL ratio unchanged at 1.5% Source: UOB
What you need to know about UOB 1Q26 results
UOB Group has reported a net profit of S$1.44 billion for 1Q26. This represents a decrease of 4% compared to the previous year, but an increase of 2% compared to the previous quarter. #1 – Net interest margin declined slightly Net interest income declined 1% quarter-on-quarter (QoQ) and 4% year-on-year (YoY) to S$2.32 billion, driven by a shorter quarter and continued margin pressure from a low interest rate environment. Healthy credit growth of 4% year-on-year provided some relief. Net interest margin declined 2 basis points (0.02%) to 1.82% in 1Q26 from 1.84% in 4Q25…
