Share prices of the three Singapore banks $DBS Group Holdings(D05.SI)$ $ocbc bank(O39.SI)$ and $UOB(U11.SI)$ are at their all time high for years and investors are still confident with them. Such confidence is fueled by a number of reasons. The interest rate is likely to be “higher for longer”. The U.S. harsh tariffs policies will prove inflationary and the Fed will be forced to hold rates higher for longer. The 3 banks will benefit from higher net interest income. These 3 banks have also projected double digit growth of their non-interest income to boost their total income. The trio of banks also have excess capital in multi-billions to give out higher dividends, share buy-back and business growth. The 3 banks will definitely grow stronger in 2025. Thanks @Tiger_SG @icycrystal