United Overseas Bank Limited (SGX:U11)

United Overseas Bank Income Statement

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	20,676	23,259	22,242	12,862	8,204
Interest Income on Investments	-	-	-	40	40
Total Interest Income	20,676	23,259	22,242	12,902	8,244
Interest Paid on Deposits	11,321	13,585	12,563	4,519	1,816
Net Interest Income	9,355	9,674	9,679	8,383	6,428
Net Interest Income Growth (YoY)	-3.30%	-0.05%	15.46%	30.41%	5.64%
Income From Trading Activities	1,367	1,689	1,607	1,064	569
Gain (Loss) on Sale of Assets	13	18	19	11	16
Gain (Loss) on Sale of Investments	207	314	133	-235	216
Other Non-Interest Income	2,866	2,599	2,494	2,352	2,560
Total Non-Interest Income	4,453	4,620	4,253	3,192	3,361
Non-Interest Income Growth (YoY)	-3.62%	8.63%	33.24%	-5.03%	8.73%
Revenues Before Loan Losses	13,808	14,294	13,932	11,575	9,789
Provision for Loan Losses	2,042	926	921	603	657
Revenue	11,766	13,368	13,011	10,972	9,132
Revenue Growth (YoY)	-11.98%	2.74%	18.58%	20.15%	19.81%
Salaries and Employee Benefits	3,328	3,612	3,485	2,940	2,543
Amortization of Goodwill & Intangibles	31	28	24	3	-
Selling, General & Administrative	478	473	431	380	373
Other Non-Interest Expense	2,351	2,043	1,907	1,961	1,397
Total Non-Interest Expense	6,109	6,035	5,754	5,187	4,195
EBT Excluding Unusual Items	5,657	7,333	7,257	5,785	4,937
Pretax Income	5,657	7,151	6,863	5,785	4,937
Income Tax Expense	962	1,092	1,138	1,202	850
Earnings From Continuing Operations	4,695	6,059	5,725	4,583	4,087
Minority Interest in Earnings	-13	-14	-14	-10	-12
Net Income	4,682	6,045	5,711	4,573	4,075
Preferred Dividends & Other Adjustments	93	93	114	76	72
Net Income to Common	4,589	5,952	5,597	4,497	4,003
Net Income Growth	-22.55%	5.85%	24.88%	12.22%	39.79%
Basic Shares Outstanding	1,663	1,673	1,674	1,674	1,674
Diluted Shares Outstanding	1,671	1,681	1,681	1,681	1,681
Shares Change (YoY)	-0.58%	0.01%	0.02%	-0.05%	0.26%
EPS (Basic)	2.76	3.56	3.34	2.69	2.39
EPS (Diluted)	2.75	3.54	3.33	2.68	2.38
EPS Growth	-22.32%	6.31%	24.25%	12.61%	41.67%
Dividend Per Share	1.560	1.800	1.700	1.350	1.200
Dividend Growth	-13.33%	5.88%	25.93%	12.50%	53.85%
Effective Tax Rate	17.00%	15.27%	16.58%	20.78%	17.22%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.