{"id":124237,"date":"2026-05-07T12:01:35","date_gmt":"2026-05-07T12:01:35","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/05\/07\/uob-reports-4-decline-in-1q26-profit-our-quick-opinion\/"},"modified":"2026-05-07T12:06:43","modified_gmt":"2026-05-07T12:06:43","slug":"uob-reports-4-decline-in-1q26-profit-our-quick-opinion","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/05\/07\/uob-reports-4-decline-in-1q26-profit-our-quick-opinion\/","title":{"rendered":"UOB reports 4% decline in 1Q26 profit: Our quick opinion"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<p><h2><strong>UOB 1Q26 earnings highlights<\/strong><\/h2>\n<p><span style=\"background-color:transparent;color:#000000;\">UOB Group announced its earnings for the first quarter of 2026. Key features include: <\/span> 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%<span style=\"background-color:transparent;color:#000000;\"> <\/span>    Source: UOB<\/p>\n<h2><span style=\"background-color:transparent;color:#000000;\"><strong>What you need to know about UOB 1Q26 results<\/strong><\/span><\/h2>\n<p><span style=\"background-color:transparent;color:#000000;\">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. <\/span> <strong>#1 \u2013 Net interest margin declined slightly<\/strong> 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&#8230;<\/p>\n<\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v4.0\"><\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v13.0\" nonce=\"3nfhalVK\"><\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&#038;version=v13.0\" nonce=\"blyG8KXs\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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<\/p>\n","protected":false},"author":1,"featured_media":6422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[27141,2074,42,2404,2976,1739,13034],"class_list":{"0":"post-124237","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-bread","8":"tag-1q26","9":"tag-decline","10":"tag-opinion","11":"tag-profit","12":"tag-quick","13":"tag-reports","14":"tag-uob"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/124237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=124237"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/124237\/revisions"}],"predecessor-version":[{"id":124251,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/124237\/revisions\/124251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/6422"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=124237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=124237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=124237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}