Singapura Finance (S23) H2 2025 earnings summary

Executive summary

• FY2025 profit after tax rose 50.2% to $9.151m, supported by higher net interest income and a net write-back of loan-loss allowances.

• Net loans increased 18.7% to $1,166.2m and customer deposits rose 20.7% to $1,245.2m at 31 Dec 2025.

Financial highlights

• Net interest and hiring charges increased 25.8% to $29.236m; total income rose 24.1% to $30.068m.

• Operating expenses increased 19.9% to $19.667m, including higher staff costs, depreciation and other expenses linked partly to IT upgrades.

• Profit before tax grew 49.7% to $10.983m; profit after tax increased 50.2% to $9.151m.

• Net impairment allowances were written back by $0.582m, versus a $0.494m net charge in FY2024.

Outlook and guidance

• FY2026 operations are expected to remain uncertain amid geopolitical tensions, trade disruptions and financial-market volatility; a prudent approach to risk and sustainable growth remains the stated focus.

• The Board recommended a 2.0-cent final and 1.5-cent special tax-exempt dividend, totaling 3.5 cents per share and $5.554m, subject to shareholder approval.