WJ77
09-25

$DBS Group Holdings(D05.SI)$  is growing. In fact the rest of the big 3 are too. Interest rates are not negating their growth simply because rate cuts is an eventual occurrence and the banks are prepared for it by diversifying their revenue sources. $40 is not longer a distant dream. Sit tight for the upward ride

DBS, OCBC, and UOB Earnings: Which Bank Giants Will Beat and Hit New High?
DBS is set to release its earnings report this Thursday, while UOB and OCBC will release theirs on Friday. In mid-October, DBS hit a record high of 39.7 SGD. UOB and OCBC reached their highs at the end of September. With the earnings reports of Singapore’s three major banks due this week, which one do you think will beat expectations and set a new record? Which bank do you favor? Will the Fed's rate cuts bring more good news for these three major banks?
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Comments

  • Tigerwong
    09-25
    Tigerwong
    Wealth management is the key growth area and will offset the impact of declining interest rate. DBS has the biggest deposit base in Singapore and will definitely be impacted by the lower interest rate environment as interest margin compression set in.
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