United Overseas Bank Limited · SGX:U11
United Overseas Bank — UOB Group — Q3 2025 Earnings Presentation
21 slides from United Overseas Bank's earnings presentation, November 2025
Slide 1: UOB Group Financial Updates
UOB Group Financial Updates Leong Yung Chee Group Chief Financial Officer For the Nine Months / Third Quarter Ended 30 September 2025 Private and Confidential. Disclaimer: This material that follows is a presentation of general background information about UOB’s activities current at the date of the
Slide 2: Key Highlights
Key Highlights • Third quarter 2025 (3Q25) net profit at $0.4 billion, 67% lower QoQ and 72% lower Net profit after tax YoY due to pre-emptive provisions set aside this quarter. $0.4b - 67% QoQ - 72% YoY • Additional $0.6 billion set aside in pre-emptive general allowance, in view of ongoing macroec
Slide 3: 3Q25 net profit at $0.4 billion
3Q25 net profit at $0.4 billion Franchise strength maintained, though profitability affected by pre-emptive provisioning 9M25 9M24 YoY 3Q25 2Q25 QoQ 3Q24 YoY $m $m +/(-)% $m $m +/(-)% $m +/(-)% Net interest income 7,009 7,223 (3) 2,265 2,336 (3) 2,460 (8) Net fee income 1,945 1,828 6 615 636 (3) 630
Slide 4: Group Retail
Group Retail Selected income statement data Highlights 9M25 9M24 YoY $m $m % • PBT was stable as lower income was offset by the roll-off of one-time expenses, Income 3,813 4,119 (7) while credit costs improved after the operational merger in Thailand Lending, Deposits1 2,263 2,666 (15) • Concerted e
Slide 5: Group Wholesale Banking
Group Wholesale Banking Selected income statement data 9M25 9M24 YoY Highlights $m $m % • Profit moderated as allowance was set aside in 3Q25 in response to evolving Income 4,815 5,135 (6) macroeconomic and credit conditions in selected markets and sectors. Transaction Banking 2,322 2,772 (16) • Des
Slide 6: Global Markets
Global Markets Continue to deliver strong customer flows with 3Q25 second highest on record Total income ($m) 1,705 1,401 849 Treasury Non-Customer 581 614 623 556 526 311 374 319 855 284 247 Treasury Customer1 820 123 304 251 272 280 303 9M24 9M25 3Q24 4Q24 1Q25 2Q25 3Q25 Total Assets2 ($b) 155 154
Slide 7: Net interest income moderated, supported by asset growth that offset the impact of sharp benchmark rates decline
Net interest income moderated, supported by asset growth that offset the impact of sharp benchmark rates decline 2.56 2.48 2.51 2.40 Loan Margin (%) 2.26 2.27 2.12 Net Interest Margin (%) 2.04 2.05 2.00 2.00 1.91 1.91 1.82 Interbank & Securities Margin (%) 1.07 1.16 1.16 1.16 1.16 0.98 1.01 -3% 7,22
Slide 8: Net interest margin eased on asset repricing mitigated by improved funding management
Net interest margin eased on asset repricing mitigated by improved funding management Loan Margin (%) 2.40 2.27 2.12 Interbank & Securities 1.16 1.16 Margin (%) Net Interest Margin (%) 1.91 1.82 -0.25 0.16 2Q25 Asset Funding 3Q25 repricing cost SGD -0.06 | 3M SORA average -0.60 HKD -0.02 | 1M HIBOR
Slide 9: 3Q25 fee income lifted by improved market sentiment
3Q25 fee income lifted by improved market sentiment +10% 2,616 2,372 268 Others ($m) 272 861 +8% Credit Card ($m) 802 896 892 812 90 829 96 784 89 82 91 619 281 296 Wealth ($m) 519 276 284 304 213 218 183 188 178 778 868 Loan / Trade Related ($m) 265 312 274 282 210 9M24 9M25 3Q24 4Q24 1Q25 2Q25 3Q2
Slide 10: 9M25 expenses lower on tighter cost management
9M25 expenses lower on tighter cost management 45.6 44.3 45.2 43.7 44.0 42.4 42.6 Cost-to-income Ratio (%) 4,730 4,629 Other expenses1 ($m) 1,153 1,184 IT-related expenses ($m) 790 803 1,626 1,579 1,559 1,535 1,535 377 401 361 397 426 262 253 267 259 290 Staff costs ($m) 2,788 2,643 986 912 945 880
Slide 11: NPL ratio unchanged at 1.6%
NPL ratio unchanged at 1.6% 1.5 1.5 1.6 1.6 1.6 NPL ratio (%) Non-Performing 5,809 Assets 5,361 5,386 5,055 5,210 914 ($m) 619 609 736 Rest of the world 445 Greater China 1,001 1,101 1,387 1,330 1,509 ASEAN-4 2,522 2,469 2,440 2,441 2,503 Singapore 1,087 1,021 925 879 883 3Q24 4Q24 1Q25 2Q25 3Q25 No
Slide 12: Proactive measures to strengthen provision coverage
Proactive measures to strengthen provision coverage Stronger Coverage Pre-emptive General NPA coverage general Provision ▪ Portfolio review amid ongoing provision Coverage1 macroeconomic uncertainties and sector-specific headwinds 100% (2Q25 : 88%) ▪ Stronger buffer for potential valuation adjustmen
Slide 13: Credit costs elevated by pre-emptive allowances
Credit costs elevated by pre-emptive allowances 134 68 36 52 55 Total credit costs (bps) 27 35 36 32 Specific credit costs (bps) 26 34 25 32 1,729 19 1,166 821 687 661 General allowance on loans ($m) 37 212 908 281 290 274 Specific allowance on loans ($m) 624 1 479 439 133 296 273 156 (15) (227) 9M2
Slide 14: Pre-emptive provisioning to strengthen general allowance coverage to 1% of performing loans
Pre-emptive provisioning to strengthen general allowance coverage to 1% of performing loans 33 Specific allowance/NPA (%) 32 30 30 30 General allowance on loans include 0.9 0.8 0.8 0.8 1.0 RLAR/Performing loans (%) 5,787 5,026 379 4,764 4,829 4,765 RLAR ($m) 379 379 379 379 3,664 General allowance (
Slide 15: Customer loan momentum sustained, growth of 5% YoY and 2% QoQ
Customer loan momentum sustained, growth of 5% YoY and 2% QoQ By Industry By Geography ($b) +5% +2% 5% 6% 334 338 341 343 351 Rest of the world 49 48 49 51 53 24% Greater China 49 52 51 48 48 26% 75 ASEAN-4 73 74 74 74 $351b Sep-25 Singapore 163 164 167 170 175 9% Sep-24 Dec-24 Mar-25 Jun-25 Sep-25
Slide 16: Strong liquidity and funding base with continued CASA growth
Strong liquidity and funding base with continued CASA growth 141 143 143 141 143 All-currency LCR (%) 116 116 116 118 116 Net Stable Fund Ratio (NSFR) (%) 82.3 82.7 84.0 83.7 82.5 Loan/Deposit Ratio (LDR) (%) 470 468 487 467 465 70 64 66 60 67 Wholesale Funding ($b) 1 FD & others ($b) 183 180 176 18
Slide 17: Healthy CET1 ratio at 14.6% following dividend payout
Healthy CET1 ratio at 14.6% following dividend payout CET1 ratio (%) 15.5 15.5 15.5 15.3 14.6 CET1 ratio (%) – Fully Loaded 15.2 15.4 15.4 15.1 14.5 269 266 273 252 260 RWA ($b) Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Leverage ratio (%) 6.8 6.9 7.3 7.1 6.6 17
Slide 18: Appendix
Appendix ▪ Greater China ▪ United States 18
Slide 19: Greater China
Greater China 2.3 1.2 1.6 General allowance on 0.8 1.0 loans/Performing loans (%) 52 51 49 48 48 Customer Loans ($b) Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 NPL ratio (%) 2.0 2.1 2.7 2.7 3.1 NPA coverage (%) 57 48 47 57 78 Unsecured NPA coverage (%) 149 144 193 228 299 Note: Classification is according t
Slide 20: United States
United States 2.2 1.3 1.0 General allowance on 0.4 0.8 loans/Performing loans (%) 17 14 14 14 13 Customer Loans ($b) Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 NPL ratio (%) 2.4 3.6 3.7 4.2 4.0 NPA coverage (%) 45 81 93 67 69 Unsecured NPA coverage (%) 136 128 148 129 147 Note: Classification is according t
Slide 21: Thank You
Thank You & Right By You