Strong Net Profit Growth
Group net profit for Q3 2025 was SGD 1.98 billion, up 9% from last quarter, marking the second highest quarterly net profit on record.
Record Noninterest Income
Noninterest income rose 24% quarter-on-quarter to SGD 1.57 billion, driven by fee, trading, and insurance income.
Wealth Management Success
Wealth management income grew 25% to SGD 1.62 billion, contributing 43% to group total income, with quarterly wealth management fees reaching record levels.
Stable Asset Quality
NPL ratio remained stable at 0.9% for the past 6 quarters, with total credit costs at 16 basis points annualized.
Strong Capital Position
Common equity Tier 1 ratio was 16.9% on a transitional basis and 15% on a fully phased-in basis.
Growth in Loans and Deposits
Loans grew 7% year-on-year and deposits increased 11% year-on-year, with CASA deposits growing 15% year-on-year.
Insurance Business Growth
Profit contribution from GEH grew 50% quarter-on-quarter to SGD 347 million, with new business embedded value rising 9%.