UOB reports seven percent decline in fourth quarter net profit as interest income softens

Singapore lender UOB reported a seven percent drop in fourth quarter net profit on Tuesday. The decline was driven by a moderation in net interest income.

United Overseas Bank (UOB) reported a 7% year-on-year decline in fourth-quarter net profit on February 23, 2026, as a moderation in net interest income weighed on the lender's performance. This measurable decrease in profit for the period was directly attributed to the slowing growth of the bank's primary revenue stream.
A view of the United Overseas Bank (UOB) signage in Singapore on May 3, 2023. REUTERS/Caroline Chia
A view of the United Overseas Bank (UOB) signage in Singapore on May 3, 2023. REUTERS/Caroline Chia
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