🌟🌟🌟There is optimism in the air as I await DBS $DBS Group Holdings(D05.SI)$  Q3 24 Earnings scheduled on November 7.  DBS's share price has been on a tear this year, reaching an all time high of SGD 39.70 on October 17.    DBS is currently up 28% year todate, outperforming STI ETF $STI ETF(ES3.SI)$  which is only up 14.7% year todate.  In fact when comparing the 3 Big Singapore banks, DBS is the top performer at 28% year todate compared to$ocbc bank(O39.SI)$  at 17% and $UOB(U11.SI

On Thursday and Friday, three big banks in Singapore will release earnings.As of November 5, 2024, they have delivered strong performances year-to-date. $DBS Group Holdings(D05.SI)$ has led the pack with a 34.96% gain, followed by $ocbc bank(O39.SI)$ at 25.13%, and $UOB(U11.SI)$ at 21.70%. All three have notably outperformed the Straits Times Index (STI), which has risen by 12.91% over the same period.1. How do three giants perform in last quarter?In the previous quarter (Q2 2024), all three banks delivered solid results.DBS' net interest margin (NIM) remained stable, while OCBC saw a slight decline of 7 basis points in NIM. UOB, on the other hand, recorded

As Singapore’s top three banks prepare to release their Q3 earnings this week, investors have high expectations, especially as $DBS Group Holdings(D05.SI)$ achieved an all-time high of 39.7 SGD in mid-October. With $UOB(U11.SI)$ and $ocbc bank(O39.SI)$ also showing strong performances, many are asking: which of these giants might beat expectations and climb to new records? And importantly, what role will interest rate cuts by the U.S. Federal Reserve play in these outcomes? Performance Snapshot and Sector Dynamics The Singapore banking sector is unique, blending domestic strength with robust global networks, particularly in Asia. It also plays a crucial rol

Highlights of Singapore Bank Giants Before Upcoming Q3 Earnings $DBS Group Holdings(D05.SI)$  , $ocbc bank(O39.SI)$  , and $UOB(U11.SI)$   are set to announce their Q3 2024 earnings next week. These three bank giants have outperformed the Straits Times Index (STI), which has risen by 9.91% this year: DBS is the best-performing bank to date (+28.9%), followed by OCBC (+17.8%) and UOB (+14.2%). According to Bloomberg, DBS will release its third-quarter earnings report on November 7, followed by the other two banks on November 8. Investors are close

🟩 🏦 Ready to make the most of your investments in Singapore's banking giants? Join Iggy from The Investing Iguana as we dive into the bustling world of DBS, OCBC, and UOB, shedding light on which might be your best investment bet. This video is packed with insights into each bank's financial performance, market strategies, and dividend yields. Are you a conservative investor eyeing stable returns, or a growth-focused go-getter? Whichever your style, we've got you covered with an in-depth financial analysis to inform your economic strategies and investment decisions. With Singapore's banks hitting record highs, understanding their market moves is crucial. Remember, investing is a long-term game. Be patient, disciplined, and informed. Whether you're looking to boost your portfolio or underst

$UOB(U11.SI)$  $UOB(U11.SI)$  ALL Banks dropping today, Intraday was hesitant and thinking 🤔..... Should I Sell a bit more.... Decision...... ☕ ☕ After cups of Kopi-o.. I decided instead to Hold & wait for the Next opportunity [Bless]  [Bless]  . As UOB is in uncharted territory [OMG]   Initial waiting area is along my orange 🧡 line [Bless]  [Bless]  [Bless]  I will wait for other indicators confluence to strengthen the Buybacks 🙏

$DBS Group Holdings(D05.SI)$  $DBS GROUP HOLDINGS LTD(D05.SI)$  What a run by DBS today  😲 💪 Is this part of Spill over of Post Trump Election effects [Chuckle]  [Chuckle]  [Chuckle] or coincidentally Good Earnings Report or Just pure superb timing for  both[Helpless] What ever the reasons -> Congratulations 🎉 to All Shareholders 🎉. Now maybe 🤔 there will be investors asking..."When is $50 dollar 💰le ......." Wait patiently.. Soon soon 😉.... This $50 target 🎯 ball will be thrown into the hands of CEO Assigned [Chuckle]  [Chuckle]  [Chuckle]  Instead, I will be

🌟🌟🌟UOB $UOB(U11.SI)$  is the 3rd largest bank in Singapore as well as in South East Asia with SGD 54.64 billion in market capitalisation.    Among the 3 local banks, UOB has positioned itself as a dominant force in the ASEAN region with its SGD 4.9 billion  acquisition of Citibank 's consumer banking business in Thailand,   Malaysia, Indonesia and Vietnam in 2022. With the acquisition of Citibank' s consumer banking business in these 4 countries, UOB expects  contribution from these 4 ASEAN countries to increase to 30% of the total income by 2026 compared to 1H 24 which was 25%.  At the same time UOB intends to maintain at least 50% of total income in Singapore. UOB expects contribution from non inter

OCBC and UOB should be bullish as well for consistency with DBS's performance. Associated investment sentiment is relatively positive for bank counters currently. OCBC will be releasing its 3Q results tomorrow and it should be better results than 2Q or year-on-year in consideration that its GE company has perform exceptionally well for 3Q, i.e. $273mil+ profit. Net interest income should be stable too. Let's hope OCBC will bull up significantly tomorrow. I guessed similarly as today most likely. Cheers, and all the way OCBC ! [Sly]  [Grin]  

My best buy of the year is this Lego set. The key reason is the time that I could spend with my son to build the lego (6 packs) progressively. It is the precious moment that makes the difference. In addition, hope that the OCBC shares that I bought could also generate good dividend/growth for the next 15 to 20 yrs, I.e. could be savings for my son when he grows up. Cheers and enjoy the precious moment with your family, pls.

When I'm ready to diversify my portfolio, I'll consider adding these 3 Singapore bank stocks: $DBS Group Holdings(D05.SI)$ $ocbc bank(O39.SI)$ $UOB(U11.SI)$ These banks offer: - Stable earnings - Attractive dividend yields - Strong market presence - Diversified revenue streams $STI ETF(ES3.SI)$

Traditionally, DBS is the biggest beneficiary of higher interbank rates due to the historical acquisition of POSB, making her the biggest deposit base with the lowest loan deposit ratio.  However we have seen in recent years that the wealth management areas has become the most important part of profit and will continue  to be.  This is also true of the other 2 local banks.  Thus, with the integration of GE into OCBC, I would pitted OC ahead of UOB.