$DBS(D05.SI)$ $ocbc bank(O39.S

Q1 2026 has set a high bar for the SG banking trio; while DBS (D05) impressed with record total income and a "juicy" dividend hike, its peers face a tougher interest rate environment squeezing margins。。。

OCBC Bank (O39) has been the dark horse of 2026, hitting record highs in April while D05 stole the "dividend king" headline; O39 is likely to see a positive post-earnings lift, driven by strong momentum in insurance and private banking, with a potential dividend payout revision influenced by D05, serving as a catalyst to retest recent highs

UOB (U11) is expected to show mild, conservative price movement on earnings day; market reaction may remain muted as the bank prioritizes operational stability and asset quality over aggressive growth surprises

A matching of the D05 fee performance is anticipated from O39 due to strong non-interest income and regional expansion; however, U11 is unlikely to mirror this surprise, remaining focused on steady integration and risk management

@Tiger_SG：DBS Q1 Beats & Raises Dividend 8%! Will UOB and OCBC Follow?

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while DBS (D05) impressed with record total income and a \"juicy\"&nbsp;dividend hike, its peers face a tougher interest rate environment squeezing margins。。。\nOCBC Bank (O39) has been the dark horse of 2026, hitting record highs in April while D05 stole the \"dividend king\" headline; O39 is likely to see a positive post-earnings lift, driven by strong momentum in insurance and private banking, with a potential dividend payout revision influenced by D05, serving as a catalyst to retest recent highs\nUOB (U11) is expected to show mild, conservative price movement on earnings day; market reaction may remain muted as the bank prioritizes operational stability and asset quality over aggressive growth surprises\nA matching of the D05 fee performance is anticipated from O39 due to strong non-interest income and regional expansion; however, U11 is unlikely to mirror this surprise, remaining focused on steady integration and risk management<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/3cb74289b89703b106163e168bafbc0d\"></t-t></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/D05.SI\">$DBS(D05.SI)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/O39.SI\">$ocbc bank(O39.SI)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/U11.SI\">$UOB(U11.SI)$&nbsp;</a>&nbsp;\nQ1 2026 has set a high bar for the SG banking trio; while DBS (D05) impressed with record total income and a \"juicy\"&nbsp;dividend hike, its peers face a tougher interest rate environment squeezing margins。。。\nOCBC Bank (O39) has been the dark horse of 2026, hitting record highs in April while D05 stole the \"dividend king\" headline; O39 is likely to see a positive post-earnings lift, driven by strong momentum in insurance and private banking, with a potential dividend payout revision influenced by D05, serving as a catalyst to retest recent highs\nUOB (U11) is expected to show mild, conservative price movement on earnings day; market reaction may remain muted as the bank prioritizes operational stability and asset quality over aggressive growth surprises\nA matching of the D05 fee performance is anticipated from O39 due to strong non-interest income and regional expansion; however, U11 is unlikely to mirror this surprise, remaining focused on steady integration and risk management<t-t type=\"img\" src=\"https://community-static.tradeup.com/news/3cb74289b89703b106163e168bafbc0d\"></t-t></body></html>","text":"$DBS(D05.SI)$ $ocbc bank(O39.SI)$ $UOB(U11.SI)$ Q1 2026 has set a high bar for the SG banking trio; while DBS (D05) impressed with record total income and a \"juicy\" dividend hike, its peers face a tougher interest rate environment squeezing margins。。。 OCBC Bank (O39) has been the dark horse of 2026, hitting record highs in April while D05 stole the \"dividend king\" headline; O39 is likely to see a positive post-earnings lift, driven by strong momentum in insurance and private banking, with a potential dividend payout revision influenced by D05, serving as a catalyst to retest recent highs UOB (U11) is expected to show mild, conservative price movement on earnings day; market reaction may remain muted as the bank prioritizes operational stability and asset quality over aggressive growth surprises A matching of the D05 fee performance is anticipated from O39 due to strong non-interest income and regional expansion; however, U11 is unlikely to mirror this surprise, remaining focused on steady integration and risk management","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/561741772174304","repostId":559529989759416,"repostType":1,"repost":{"magic":2,"id":559529989759416,"tweetId":"559529989759416","gmtCreate":1777636713409,"gmtModify":1777716000106,"author":{"id":4106547232749330,"idStr":"4106547232749330","authorId":4106547232749330,"authorIdStr":"4106547232749330","name":"Tiger_SG","avatar":"https://community-static.tradeup.com/news/9eb57a835b72d997d1941fb6605d80a4","vip":4,"userType":4,"introduction":"[Tiger Broker Singapore Official] ","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":6291,"starInvestorFlag":false},"themes":[{"themeId":"578f5b29dba5411b9fbd556a5fff8e75","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"UOB Profit Beats but Revenue Pressured: Can OCBC Wealth Fees Surprise?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":578f5b29dba5411b9fbd556a5fff8e75}&rnconfig={\"headerBarHidden\": true}","description":"UOB posted Q1 net profit of S$1.44B, down 4% year-on-year but above the S$1.39B consensus; net interest margin compressed from 2.00% to 1.82%, with both net interest and non-interest income declining — a stark contrast to DBS, which beat on record non-interest revenue. The bright spots were a 30% drop in credit loss provisions and an improvement in NPL ratio from 1.6% to 1.5%, with management maintaining full-year NIM guidance of 1.75–1.80%. DBS beat via wealth management, UOB beat via cost discipline — can OCBC carve out a third path tomorrow?","image":"https://community-static.tradeup.com/news/19f0ec82c5735e7e7940bee488a73a13"}],"images":[{"img":"https://community-static.tradeup.com/news/8be2f383c8992b7304e7cf041d4d5205","width":"768","height":"1376"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/8be2f383c8992b7304e7cf041d4d5205"}],"title":"DBS Q1 Beats & Raises Dividend 8%! Will UOB and OCBC Follow?","html":"<html><head></head><body><a data-mention-id=\"D05.SI\" class=\"teditor-mention\" data-mention-name=\"DBS\" href=\"https://ttm.financial/S/D05.SI\">$DBS(D05.SI)$</a> reported Q1 2026 results with net profit of S$2.93B (+1% YoY), beating the Bloomberg consensus of S$2.88B.\nShares closed +3.4% at S$58.50. Non-interest income and wealth management fees both hit all-time highs. Dividend raised to S$0.81/share from S$0.75 a year earlier. In a lower-rate world, DBS proved the model works — just not the way the market expected.\nUp next: <a data-mention-id=\"U11.SI\" class=\"teditor-mention\" data-mention-name=\"UOB\" href=\"https://ttm.financial/S/U11.SI\">$UOB(U11.SI)$</a> (May 7) and <a data-mention-id=\"O39.SI\" class=\"teditor-mention\" data-mention-name=\"OCBC Bank\" href=\"https://ttm.financial/S/O39.SI\">$OCBC Bank(O39.SI)$</a> (May 8).\n<h2 id=\"id_3576178514\">Highlights for DBS earnings</h2>\n<img src=\"https://community-static.tradeup.com/news/8be2f383c8992b7304e7cf041d4d5205\" tg-width=\"768\" tg-height=\"1376\">\n1. Deposit growth blew past expectations.\nCustomer deposits rose 9% YoY to S$629.9B, with more than two-thirds in CASA. CEO Tan Su Shan upgraded full-year deposit growth guidance to \"high to higher single-digit.\" Low-cost CASA inflows are sticky — this is a structural, not cyclical, tailwind.\n2. Wealth management fees hit a record S$907M!\nWith S$10B in net new money and AUM climbing to S$492B. Middle East conflict is accelerating Singapore's safe-haven positioning, and it showed up directly in bancassurance and investment product sales. This benefits all three Singapore banks — watch OCBC's Bank of Singapore and UOB's private banking closely next week.\n3. Rates logic is inverted — and that matters.\nDBS disclosed that each +1bp rise in USD rates reduces NII by ~US$4M, due to hedging positioning. Rising rates are a headwind, not a tailwind. SORA guidance was also cut from 1.25% to 1.00%, and the bank now expects zero Fed rate cuts in 2026 (down from two). NIM pressure is structural — non-interest income is what gets you through it.\n<h2 id=\"id_1811287604\">What to Watch for UOB and OCBC</h2>\nDBS's results give clear read-throughs for the final two banks:\n<ul style=\"\">\n <li>\n NIM pressure is baked in. Q1 avg SORA was 1.07% vs 2.54% a year ago. Expect NII to decline for UOB and OCBC similarly — the question is whether wealth and fee income offsets it</li>\n <li>\n Wealth fees are the swing factor. Can OCBC's Bank of Singapore and UOB's private banking match the record levels DBS put up? If yes, both could also beat on non-interest income</li>\n <li>\n Guidance tone matters most. DBS upgraded its FY2026 profit outlook from \"below 2025\" to \"good shot at 2025 levels.\" If UOB and OCBC echo this, the sector re-rating has further room to run</li>\n</ul>\n<h2 id=\"id_2396059237\">Prediction: Where Do UOB and OCBC Close After Earnings?</h2>\nCorrectly predict OCBC or UOB's post-earnings Friday closing price to share 1,000 Tiger Coins. Every participant gets 5 Tiger Coins just for joining. If no one guesses correctly, coins are split equally.\n💬 Comment below:\n<ol start=\"1\" style=\"\">\n <li>\n I think OCBC will close at SGD ___ on May 9 (Friday after earnings)</li>\n <li>\n I think UOB will close at SGD ___ on May 8 (earnings day)</li>\n <li>\n Will OCBC or UOB match DBS's wealth management fee surprise? Yes / No</li>\n</ol>\nLeave your comments to win tiger coins~\n<h3 id=\"id_3117907371\" style=\"text-align: start;\">For SG users only, welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.</h3>\n<a href=\"https://ttm.financial/post/507537437684112\" title=\"🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now\" class=\"\">🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now</a>\n<ul style=\"\">\n <li>\n Find out more here.</li>\n</ul>\n<blockquote>\n <ul style=\"\">\n <li>\n Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.</li>\n </ul>\n</blockquote></body></html>","htmlText":"<html><head></head><body><a data-mention-id=\"D05.SI\" class=\"teditor-mention\" data-mention-name=\"DBS\" href=\"https://ttm.financial/S/D05.SI\">$DBS(D05.SI)$</a> reported Q1 2026 results with net profit of S$2.93B (+1% YoY), beating the Bloomberg consensus of S$2.88B.\nShares closed +3.4% at S$58.50. Non-interest income and wealth management fees both hit all-time highs. Dividend raised to S$0.81/share from S$0.75 a year earlier. In a lower-rate world, DBS proved the model works — just not the way the market expected.\nUp next: <a data-mention-id=\"U11.SI\" class=\"teditor-mention\" data-mention-name=\"UOB\" href=\"https://ttm.financial/S/U11.SI\">$UOB(U11.SI)$</a> (May 7) and <a data-mention-id=\"O39.SI\" class=\"teditor-mention\" data-mention-name=\"OCBC Bank\" href=\"https://ttm.financial/S/O39.SI\">$OCBC Bank(O39.SI)$</a> (May 8).\n<h2 id=\"id_3576178514\">Highlights for DBS earnings</h2>\n<img src=\"https://community-static.tradeup.com/news/8be2f383c8992b7304e7cf041d4d5205\" tg-width=\"768\" tg-height=\"1376\">\n1. Deposit growth blew past expectations.\nCustomer deposits rose 9% YoY to S$629.9B, with more than two-thirds in CASA. CEO Tan Su Shan upgraded full-year deposit growth guidance to \"high to higher single-digit.\" Low-cost CASA inflows are sticky — this is a structural, not cyclical, tailwind.\n2. Wealth management fees hit a record S$907M!\nWith S$10B in net new money and AUM climbing to S$492B. Middle East conflict is accelerating Singapore's safe-haven positioning, and it showed up directly in bancassurance and investment product sales. This benefits all three Singapore banks — watch OCBC's Bank of Singapore and UOB's private banking closely next week.\n3. Rates logic is inverted — and that matters.\nDBS disclosed that each +1bp rise in USD rates reduces NII by ~US$4M, due to hedging positioning. Rising rates are a headwind, not a tailwind. SORA guidance was also cut from 1.25% to 1.00%, and the bank now expects zero Fed rate cuts in 2026 (down from two). NIM pressure is structural — non-interest income is what gets you through it.\n<h2 id=\"id_1811287604\">What to Watch for UOB and OCBC</h2>\nDBS's results give clear read-throughs for the final two banks:\n<ul style=\"\">\n <li>\n NIM pressure is baked in. Q1 avg SORA was 1.07% vs 2.54% a year ago. Expect NII to decline for UOB and OCBC similarly — the question is whether wealth and fee income offsets it</li>\n <li>\n Wealth fees are the swing factor. Can OCBC's Bank of Singapore and UOB's private banking match the record levels DBS put up? If yes, both could also beat on non-interest income</li>\n <li>\n Guidance tone matters most. DBS upgraded its FY2026 profit outlook from \"below 2025\" to \"good shot at 2025 levels.\" If UOB and OCBC echo this, the sector re-rating has further room to run</li>\n</ul>\n<h2 id=\"id_2396059237\">Prediction: Where Do UOB and OCBC Close After Earnings?</h2>\nCorrectly predict OCBC or UOB's post-earnings Friday closing price to share 1,000 Tiger Coins. Every participant gets 5 Tiger Coins just for joining. If no one guesses correctly, coins are split equally.\n💬 Comment below:\n<ol start=\"1\" style=\"\">\n <li>\n I think OCBC will close at SGD ___ on May 9 (Friday after earnings)</li>\n <li>\n I think UOB will close at SGD ___ on May 8 (earnings day)</li>\n <li>\n Will OCBC or UOB match DBS's wealth management fee surprise? Yes / No</li>\n</ol>\nLeave your comments to win tiger coins~\n<h3 id=\"id_3117907371\" style=\"text-align: start;\">For SG users only, welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.</h3>\n<a href=\"https://ttm.financial/post/507537437684112\" title=\"🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now\" class=\"\">🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now</a>\n<ul style=\"\">\n <li>\n Find out more here.</li>\n</ul>\n<blockquote>\n <ul style=\"\">\n <li>\n Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.</li>\n </ul>\n</blockquote></body></html>","text":"$DBS(D05.SI)$ reported Q1 2026 results with net profit of S$2.93B (+1% YoY), beating the Bloomberg consensus of S$2.88B. Shares closed +3.4% at S$58.50. Non-interest income and wealth management fees both hit all-time highs. Dividend raised to S$0.81/share from S$0.75 a year earlier. In a lower-rate world, DBS proved the model works — just not the way the market expected. Up next: $UOB(U11.SI)$ (May 7) and $OCBC Bank(O39.SI)$ (May 8). Highlights for DBS earnings 1. Deposit growth blew past expectations. Customer deposits rose 9% YoY to S$629.9B, with more than two-thirds in CASA. CEO Tan Su Shan upgraded full-year deposit growth guidance to \"high to higher single-digit.\" Low-cost CASA inflows are sticky — this is a structural, not cyclical, tailwind. 2. Wealth management fees hit a record S$907M! With S$10B in net new money and AUM climbing to S$492B. Middle East conflict is accelerating Singapore's safe-haven positioning, and it showed up directly in bancassurance and investment product sales. This benefits all three Singapore banks — watch OCBC's Bank of Singapore and UOB's private banking closely next week. 3. Rates logic is inverted — and that matters. DBS disclosed that each +1bp rise in USD rates reduces NII by ~US$4M, due to hedging positioning. Rising rates are a headwind, not a tailwind. SORA guidance was also cut from 1.25% to 1.00%, and the bank now expects zero Fed rate cuts in 2026 (down from two). NIM pressure is structural — non-interest income is what gets you through it. What to Watch for UOB and OCBC DBS's results give clear read-throughs for the final two banks: NIM pressure is baked in. Q1 avg SORA was 1.07% vs 2.54% a year ago. Expect NII to decline for UOB and OCBC similarly — the question is whether wealth and fee income offsets it Wealth fees are the swing factor. Can OCBC's Bank of Singapore and UOB's private banking match the record levels DBS put up? If yes, both could also beat on non-interest income Guidance tone matters most. DBS upgraded its FY2026 profit outlook from \"below 2025\" to \"good shot at 2025 levels.\" If UOB and OCBC echo this, the sector re-rating has further room to run Prediction: Where Do UOB and OCBC Close After Earnings? Correctly predict OCBC or UOB's post-earnings Friday closing price to share 1,000 Tiger Coins. Every participant gets 5 Tiger Coins just for joining. If no one guesses correctly, coins are split equally. 💬 Comment below: I think OCBC will close at SGD ___ on May 9 (Friday after earnings) I think UOB will close at SGD ___ on May 8 (earnings day) Will OCBC or UOB match DBS's wealth management fee surprise? Yes / No Leave your comments to win tiger coins~ For SG users only, welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.","highlighted":2,"essential":2,"paper":2,"link":"https://ttm.financial/post/559529989759416","repostId":0,"isVote":1,"tweetType":1,"commentLimit":10,"symbols":["D05.SI","O39.SI","U11.SI"],"verified":2,"subType":2,"readableState":1,"subTypeObject":{"tweetId":559529989759416,"totalAmount":1000,"balance":1000,"end":false,"deadline":1778716713409,"remainingNumber":100},"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":true,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2614,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"isVote":1,"tweetType":1,"viewCount":94,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["D05.SI","O39.SI","U11.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":874,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/561741772174304"}