DBS’s Q2 results were more balanced, with growth in fee-based and trading income cushioning NIM pressure. UOB’s earnings were more exposed to margin compression and slower loan growth, leading to an earnings miss and reduced guidance.
DBS’s Q2 results were more balanced, with growth in fee-based and trading income cushioning NIM pressure. UOB’s earnings were more exposed to margin compression and slower loan growth, leading to an earnings miss and reduced guidance.
Comments