$DBS GROUP HOLDINGS LTD(D05.SI)$Apart from the NIM, the analyst said DBS’ earnings will likely grow by 15.9% in 2023 and 9.7% in 2024. Meanwhile, the bank’s dividends per share (DPS) will likely clock in at $1.44 in 2022 and $1.48 in 2023, representing dividend payout ratios of 56.4% and 50.0% respectively.
OCBC likewise will see expansion in its NIM and earn rights growth, though lower than that of DBS.
According to UOB Kay Hian, OCBC’s NIM will likely expand by 6bp to 1.61% in 2022 and expand 27bp to 1.88% in 2023, whilst its earnings will grow by 11.0% in 2023 and 6.1% in 2024.
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