Darrowreaper
04-21

DBS Bank remains the most promising overall.

Best in class ROE, strongest fee income engine, and most consistent capital return (dividends + buybacks), making it the highest quality compounder among Singapore banks.

SG Banks Q1: NII Under Pressure, Who Held Up on Wealth Management?
All three beat Bloomberg consensus, but for different reasons: DBS and OCBC outperformed on wealth management, while UOB defended earnings through lower credit provisions. With SORA averaging 1.07% in Q1 versus 2.54% a year earlier, NII compression across the board is a foregone conclusion. The real question is which bank's wealth management narrative can sustain momentum in the second half — after these three reports, which do you favor?
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Comments

  • momotaro
    04-22
    momotaro
    But the current share price has been floating around 57+ for a while. Hope it will cross 58. OCBC might be a better choice
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