iFAST Corp Ltd: Strong Q4 Results, Dividend Announcement and Market Context

iFAST Corp Ltd., a Singapore‑listed financial services company that operates through Business‑to‑Business (B2B), Business‑to‑Consumer (B2C), Fintech Solutions and Bondsupermart divisions, has released a series of announcements that reinforce its position as a growth‑oriented player in the region’s capital markets.

Q4 2025 Performance Surpasses Expectations

On 13 February 2026, the company disclosed that its net profit for the fourth quarter of 2025 had increased by 70.4 % to S$32.9 million, compared with S$19.3 million in the same period a year earlier. Revenue also climbed 45.7 % to S$151.7 million. The surge was largely attributable to:

  • ePension division – the core wealth‑management platform – which delivered stronger contributions than in previous quarters.
  • Banking operations – the group’s commercial banking arm, which moved from a loss to a profit in the quarter, adding a new source of earnings.

These figures translate into a price‑to‑earnings ratio of 32.7 (as of the latest close), a value that remains within the upper range for peer companies in the financial services sector.

Cash Dividend and Shareholder Returns

Shortly after the earnings announcement, iFAST issued a mandatory cash dividend. The SGX filing on 12 February 2026 confirms that shareholders will receive a distribution in line with the company’s dividend policy, reinforcing its commitment to returning value to investors. The announcement coincided with the release of the full‑year financial statements for 2025, which provide a comprehensive overview of the company’s performance across all divisions.

Market Reactions and Stock Performance

On the day of the earnings release, iFAST’s share price settled S$9.78, a modest 0.7 % decline from its pre‑announcement level. The market’s reaction reflects a typical short‑term adjustment to the new earnings data, while longer‑term investors are likely to view the strong fourth‑quarter growth and dividend payout favorably.

The company’s 52‑week high of S$11.06 (recorded on 27 January 2026) and a 52‑week low of S$6.02 (on 6 April 2025) illustrate a relatively wide trading range. With a market capitalization of approximately S$2.86 billion, iFAST remains a mid‑cap player in Singapore’s financial services sector, yet its diversified product mix—spanning B2B solutions, a consumer‑facing investment platform, fintech services, and a regional bond portal—positions it well for cross‑sector synergies.

Context: Singapore’s Budget and Market Environment

The company’s positive earnings and dividend announcement came amid a broader economic backdrop shaped by Singapore’s latest budget. The budget, which emphasizes AI adoption, green energy, and a mildly expansionary fiscal stance, is expected to boost the Singapore Exchange and related brokerage services. Analysts from J.P. Morgan, Morgan Stanley, and Maybank Securities noted that the budget’s capital‑market reforms and support for technology sectors could lift the overall market, benefiting companies like iFAST that are positioned to capture increased investment activity.

Conclusion

iFAST Corp Ltd. has delivered a compelling fourth‑quarter performance, marked by a significant rise in net profit and revenue, a move to profitability in its banking arm, and the issuance of a mandatory dividend. Coupled with the supportive policy environment outlined in Singapore’s latest budget, the company’s financial health and strategic positioning suggest a positive outlook for shareholders and market participants alike.