Todamoon
11-05

DBS will once again shine brighter than the rest. Their overall ROE is very impressive compred to the other 2 banks. DBS has bolder strategy and more importantly willing to reward shareholders as compared to the other 2 banks. Short-sighted analyst and non analyst keep harping on P/B ratio and say DBS is expensive but they never consider DBS superior ROE and returns to shareholder over the past 12 months

SG Bank Giants ATH: Which Bank is Your Top Pick?
Today, three local SG banks all hit all-time-high after their stellar earnings. DBS jumps 6% after it announced a S$3 billion buyback. UOB posts 16% higher Q3 profit of S$1.61 billion. OCBC says 2024 targets on track after Q3 profit beats forecast with 9% rise to $1.97 billion. ----------------- What's your target price for DBS with the super buyback program? Which bank is your top pick?
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