DBS is the largest of the thre

DBS is the largest of the three by market capitalization and also the most diversified. It is Goldman’s other clear Buy-rated name.

The core investment case for DBS is that its fee income mix is more exposed than UOB and OCBC to wealth management and capital markets, both of which are seeing the strongest seasonal recovery this quarter.

Two numbers matter most for DBS this quarter: the growth rate of wealth management AUM & management’s updated guidance for full-year NIM

SG Bank Earnings Season | Goldman’s View: Which One Looks Promising?

DBS will fire the first shot on April 30, followed by $UOB(U11.SI)$ (May 7) and $OCBC Bank(O39.SI)$ (May 8). Goldman’s latest report gives a clear verdict: overall earnings should be “decent enough,” but the divergence among the three banks is becoming more obvious — net interest margin pressure, wealth management as a bright spot, and credit costs as the biggest hidden risk. Which one are you betting on?

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Merlin Spear
15:59
Merlin Spear
Even though buying dbs is more logical, it's ocbc that's hitting the roof. How do u explain that.

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