What is bank for, is bank important in our daily life ? my answer is yes π
The history of banking began with the first prototype banks which were the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities around 2000 BCE. During the 20th century, developments in telecommunications and computing caused major changes to banks' operations and let banks dramatically increase in size and geographic spread. The financial crisis of 2007β2008 caused many bank failures, including some of the world's largest banks, and provoked much debate about bank regulation. Source: Wikipedia
If you think that bank can earn from your money, why not we invest in the bank which already proven can generate income and give you income (dividend) in return. There are only 3 banks in Singapore, in the past i only want $OVERSEA-CHINESE BANKING CORP(O39.SI)$because the cheapest, easier for me to DCA, but after i studied more, actually $UNITED OVERSEAS BANK LIMITED(U11.SI)$and $DBS GROUP HOLDINGS LTD(D05.SI)$worth buying too. I wud consider them as part of my portfolio. Don't put all in one nest, do your own analysis [Cool]
my Comparison = OCBC / UOB / DBS
Dividend 2021 = $40.90 / $99 / $102
Dividend 2022 = $28 / $60 / $36
(per year ocbc uob dividend 2x, dbs 3-4x)
Refer to dividends.sg
P/B ratio = 1.05 / 1.32 / 1.60
P/E ratio = 11.5 / 13.3 / 13.6
EPS = 1.07 / 2.38 / 2.61
My summary: OCBC dividend yield higher, UOB this year dividend seems increase, while DBS not sure will increase dividend or not from last year but it can generate earning per share (EPS) higher among the 3 and UOB look promising too π
Happy investing [Smile]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- bwjxΒ·2022-04-06Thanks for doing the PB ratio comparison. OCBC is fairly valued but given the macroeconomic situation, I will wait to see if there are good opportunities to buy in. [Happy]3Report
- kianweitingΒ·2022-04-05Singtel-Grab, IFAST and Sea will be the upcoming digital banks for you to analyze and invest.2Report
- jayaramΒ·2022-04-07anyway stocks are not doing well2Report
- hellodarz888Β·2022-04-06need to wait2Report
- Tiger1503Β·2022-04-05bought ocbc using cpf donkey years back. dbs atleast hold for 3 year or more.1Report
- highhandΒ·2022-04-05I am BANKING on them to do well2Report
- BurnellStellaΒ·2022-04-05Do you also think bank stocks will do well this year?1Report
- ANNIEPLTANΒ·2022-04-06Will wait for retracement to add position.1Report
- HuatGalzΒ·2022-04-06Amazing.. thanks!1Report
- KCNG69Β·2022-04-06Thanks for sharing1Report
- Maria_yyΒ·2022-04-05These banks are very undervalued.1Report
- SR050321Β·2022-04-05UOB dont go up first ya β¦ let me buy first π3Report
- SR050321Β·2022-04-05@muiee @vivo8787 @fffelicia @Furore come n share your idea in the link. Tagging for coins [Smile]1Report
- Ann6868Β·2022-04-07k2Report
- JadenkhoΒ·2022-04-06Trueπ2Report
- MakyΒ·2022-04-06Wait for dips2Report
- NlatykisloveΒ·2022-04-06πππ1Report
- IR940520Β·2022-04-06Ok2Report
- SupertoothΒ·2022-04-06Buy dbs pls like1Report
- Matthew88Β·2022-04-06huat arh!1Report