DBS has set a high bar and while OCBC and UOB are trying their best, they have some catch up to do to beat DBS's SGD907 million in wealth management fees.
OCBC has a secret weapon in $Great Eastern(G07.SI)$. Analysts expect OCBC to show strong wealth fee momentum because of this insurance powerhouse.
UOB is the most undervalued among the 3 banks. While it may not hit DBS's record, UOB is expected to see normalised provisions and stable fee growth from their regional expansion. UOB's forte is their retail banking exposure in South East Asia especially after they have taken over Citi's retail banking business in Indonesia, Thailand, Malaysia and Vietnam.
If OCBC and UOB can even whisper the words "record fee growth" I believe their share prices will rocket to the moon. If not their dividends will still be a great comfort.
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- Investordude1301·05-04 22:52TOPVery certain about UOB recovering S$38+ after results! Most undervalued bank among the 3 banks right now3Report
- 狮城漫步·05-06 09:54TOP我认为有几个原因表明OCBC、UOB 将紧跟DBS 的表现、也许没有那么出色，但也算是不错：1️⃣国际和中东局势的动荡导入避险资金；2️⃣新加坡继续进入低利率周期、更多资金从储蓄账户转入银行金融投资衍生产品带来更多财富资本管理收益；3️⃣新家坡金融管理局推进的股市繁荣政策；4️⃣DBS的第一季财报已经验证了在这样大环境下本地银行业的表现趋势。基于以上理由，我认为华侨银行和大华银行的财报将紧跟星展银行的脚步、在财报发布后、这两家的股价将应声大涨2.5%～3.7%。1Report
- zuma·05-05 06:32thx2Report