Singapore banks still look fundamentally strong, especially with solid earnings, healthy asset quality and attractive dividends. OCBC stands out this quarter for its stronger non-interest income growth and earnings momentum, while DBS remains the sector leader in scale, profitability and wealth management.

That said, after such a strong rally this year, I wouldn’t chase aggressively at current levels. I’d keep bank stocks for income and quality, while using ETFs to diversify the portfolio. If we get a meaningful pullback, I’d rather use it as an opportunity to add than buy after another sharp run-up.

For me, it’s less about choosing banks or ETFs — the combination gives a better balance between income, growth and risk.

@SGX_Stars [财迷]