SingFinance profit rises 16% to $42.3m in 2025 despite economic uncertainties

Total income increased 19% to $85.6m.

Sing Investments & Finance reported net profit attributable to shareholders of $42.3m for the year ended 31 December 2025 (FY2025), up 16% from $36.3m a year earlier, according to a filing.

This was achieved despite a $4.5m credit allowance set aside amidst economic uncertainties.

Total income grew 19% to $85.6m, driven by the double-digit expansion in net interest income. 

Net interest income grew 16% to $75.3m, whilst net interest margin expanded to 2.27% from 1.99%. Non-interest income rose 41% to $10.3m from $7.3m.

Total loans and advances expanded 4% to $2.79b, whilst customer deposits increased 1% to $3.0b. Total assets stood at $3.5b as at FY2025.

Total operating expenses increased 7% to $30.2m. The cost-to-income ratio improved to 35.3% from 39.3%.

The capital adequacy ratio was 15.2% compared with 15.3% a year earlier. The non-performing loan ratio was 0.4% versus 0.2% previously, and return on equity was 8.5%.

Earnings per share rose to 17.90 cents from 15.37 cents. Total income increased 19% to $85.6m from $72.0m.

The board proposed a first and final dividend of 7.5 cents per share for FY2025, up from 6.5 cents a year earlier.