MHh
04-12
I have not bottomed the banks as I was expecting them to go lower before Trump’s surprise u-turn on tariffs. But it is only a 90-day period which means the tariffs could return. If the tariffs return, I’m bearishb on their returns for 2025. DBS has always been the best choice but I prefer to wait and see for now. US big bank earnings would provide guidance for Singapore banks as the nature of business is similar; the main differentiation is the market that they are exposed to and as a open market, Singapore banks are exposed to similar risk to the US banks.
@Universe宇宙 @Wayneqq @HelenJanet @DiAngel @KYHBKO @Success88 @Kaixiang @rL @SPOT_ON @Fenger1188 come join
Maintain Guidance, Profit Drops: How Will SG Banks Move Post-Earnings?
UOB drops near 2% as it drops 2025 guidance due to US tariffs, posts stable Q1 net profit that misses estimates. It will resume giving 2025 guidance when the impact of U.S. tariffs becomes clearer. DBS Q1 net profit drops 2% to $2.9 billion, but beats bloomberg estimates; sees lower earnings for 2025; Bank to pay total dividend of 75 cents, which includes a capital return dividend of 15 cents. --------- How will their guidance affect stock trend? Who is stronger in Q1?
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