iFAST - DBS Research 2026-02-13: Growth Momentum Intact; Riding The Wave Of Asia's Rising Wealth

• iFAST (SGX:AIY)'s 4Q25 net profit came in 8% above expectations, supported by record revenue and assets under administration (AUA). Net profit surged 70.4% y-o-y to S$32.9mil, exceeding our forecasts by 8% on the back of strong top-line growth.
• - Read this at SGinvestors.io -

FY25 net profit increased 50.1% y-o-y

• FY25 net profit increased 50.1% y-o-y to S$100.0mil, driven by operating leverage from higher AUA, continued expansion of the Hong Kong ePension business, resilient growth in the core wealth management platform, and iFAST Global Bank achieving its first full year of profitability.

At least 10.50 cents dividend per share for FY26

• A 4Q25 iFAST's dividends of 2.5 cents was proposed, bringing full-year iFAST's dividends to 8.4 cents (+42.4% y-o-y), with a payout ratio of 25%.
• - Read this at SGinvestors.io -

Record AUA, +27.9% y-o-y.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2025-10-28 iFAST - Growth Momentum Intact.

Price targets by 2 other brokers at iFAST Target Prices.

Listing of research reports at iFAST Analyst Reports.

Relevant links:
iFAST Share Price History,
iFAST Announcements,
iFAST Dividend Payout Dates & Corporate Actions,
iFAST News