Singapore's UOB reports record Q1 core net profit of S$1.6 billion, marking a 74% surge.
Singapore's UOB reports record Q1 core net profit of S$1.6 billion, marking a 74% surge.
The Group’s 1Q23 performance was underpinned by growth across wholesale, global markets and retail businesses. On a quarter-on-quarter basis, wealth management fees rebounded strongly from improved investor sentiments. Credit card fees also sustained momentum.Investors have been waiting with bated breath for the earnings from the three local banks to get an indication of how the economy is faring.The first to announce its fiscal 2023 first quarter (1Q 2023) business update is United Overseas Bank Ltd (SGX: U11), or UOB.
投资者一直在屏住呼吸等待三家本地银行的收益，以了解经济状况。第一个宣布其2023财年第一季度（2023年第一季度）业务更新的是 联合海外银行有限公司 （新加坡交易所：U11）或大华银行。
UOB Group (UOB) has posted a record S$1.6 billion in core net profit for the first quarter of 2023 (1Q23), up 74% compared with the same period last year, delivering resilient performance with continued income growth.
大华银行集团（UOB）在2023年第一季度（23年第一季度）公布了创纪录的16亿新元的核心净利润，与去年同期相比增长了74％，表现强劲，收入持续增长。
Net interest margin expanded 56 basis points driving net interest income up by 43%. Non-interest income surged on record high trading and investment income, which more than offset the decline in net fee and commission income.
净利率增长了56个基点，使净利息收入增长了43％。由于交易和投资收入创历史新高，非利息收入激增，这足以抵消净费用和佣金收入的下降。
The Group’s 1Q23 performance was underpinned by growth across wholesale, global markets and retail businesses. On a quarter-on-quarter basis, wealth management fees rebounded strongly from improved investor sentiments. Credit card fees also sustained momentum.
该集团23年第一季度的业绩由批发、全球市场和零售业务的增长支撑。按季度计算，由于投资者情绪改善，财富管理费用强劲反弹。信用卡费用也保持了势头。
Credit costs in 1Q23 stayed within expectations at 25 basis points, with non-performing loan (NPL) ratio stable at 1.6%. The Group’s balance sheet remained robust with adequate liquidity and Common Equity Tier 1(CET1) ratio at 14.0%.
23年第一季度的信贷成本保持在预期范围内，为25个基点，不良贷款（NPL）比率稳定在1.6％。集团的资产负债表保持强劲，流动性充足，普通股一级股票（CET1）比率为14.0％。
