To The Moon

wow, very good offer for Sg users

These are some of the things to consider Singapore banks are still doing well overall, but you can definitely see pressure starting to build from lower interest rates. The big thing this quarter was seeing which banks could rely on wealth management and fee income to make up for weaker net interest income. DBS probably looked the strongest overall. Their wealth management business stayed very strong, and they continue bringing in a lot of client money, which helped support earnings. OCBC also surprised a lot of people in a good way. Their wealth management fees and non-interest income were strong, so they handled the pressure pretty well too. UOB wasn’t weak, but compared to DBS and OCBC, it looked a bit slower this quarter. They’re still pushing to grow wealth management, but the results

I'll choose DBS as it has consistently proven to deliver and beat it's peers over the years. Additionally, the more frequent distribution of dividend makes it a preferred choice for income seeking investor like myself.

SG banks are doing very well 

SG banks seem to be doing very well 

I'd hold: DBS With quarterly dividends that's been assured for next foreseeable few quarters, good wealth management growth, it's my top pick. I love to use their digital banking under the wealth management too. It's so convenient. So, I'll invest business that I am using. Are you a DBS client too? 😊

when people dump, it's time to buy. when people buy madly, it's time to dump. i will choose uob and trust in it's vision to reap the most returns of the 3.

The Pulse 🌊 $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $UOB(U11.SI)$ Singapore's banking titans just dropped Q1 scorecards, and here's the verdict: Net Interest Income is bleeding, but wealth management is printing money like it's going out of style. $DBS, $OCBC, and $UOB collectively saw NII crater 6-8% YoY as SORA collapsed from 2.54% to 1.07%, yet they still beat consensus by flexing their wealth arms. $DBS is the undisputed alpha here—SGD 12B in wealth inflows (+15% YoY) crushed the game while revenue beat Bloomberg by +4.2%. Meanwhile, $UOB hit oversold RSI(14) at 28, screaming technical rebound setup. This isn't just a Q1 story; it's a wealth war where Singapo

🌟🌟🌟As a dividend focused investor, $DBS(D05.SI)$ remains the dividend heavyweight.  DBS is the only one of the 3 that pays dividends every 3 months. DBS's current dividend yield is 5.2% compared to $OCBC Bank(O39.SI)$ 4.3% and $UOB(U11.SI)$ 4.6%. For 2026, DBS even increased its regular quarterly dividend to SGD 0.66 plus a recurring SGD 0.15 capital return dividend each quarter thro

Yes Highly lightly possible possibly 

right now DBS > OCBC > UOB. but I hold all 3. in case the lagger got surprise, or the leader ran out of steam.

The big3 are always reliable, but DBS stands out, it barely broke a sweat while UOB seems to have stumbled slightly, so investors went wild and shot the stock price even higher

I’d still choose $DBS(D05.SI)$ into year-end because it continues showing the strongest execution among the three banks. Even with lower rates pressuring NII, DBS still delivered strong deposit growth, record wealth fees, and upgraded guidance. I also currently hold a position in DBS as I see it as the most resilient Singapore bank in a volatile market. I think Middle East tensions and global uncertainty could continue supporting Singapore’s safe-haven wealth inflow advantage. Among the local banks, DBS looks best positioned to benefit due to its scale and stronger wealth management franchise. $ocbc bank(O39.SI)$ has interesting long-term upside if its Indonesia integration succeeds, while

Deposits +9% YoY to S$629.9B (two-thirds CASA), wealth fees at a record S$907M, AUM reaching S$492B. FY2026 profit guidance upgraded from "below 2025" to "good shot at 2025 levels." The cleanest beat of the three.

All three beat Bloomberg consensus but also posted NII declines as SORA averaged just 1.07% in Q1 (vs 2.54% a year ago). The dividing line wasn't credit quality or margins — it was wealth management execution. And on that measure, the gap between the three is wider than the headlines suggest.

All three beat Bloomberg consensus but also posted NII declines as SORA averaged just 1.07% in Q1 (vs 2.54% a year ago). The dividing line wasn't credit quality or margins — it was wealth management execution. And on that measure, the gap between the three is wider than the headlines suggest. 📊 Q1 2026 Scorecard for $DBS(D05.SI)$, $UOB(U11.SI)$ and. $OCBC Bank(O39.SI)$ DBS — Deposit surge + wealth machine, guidance upgraded. Deposits +9% YoY to S$629.9B (two-thirds CASA), wealth fees at a record S$907M, AUM reaching S$492B. FY2026 profit guidance upgraded from "below 2025" to "good shot at 2025 levels." The cleanest beat of the three. UOB — The outlier: onl

The combined weightage of $DBS(D05.SI)$ $UOB(U11.SI)$ $OCBC Bank(O39.SI)$ in the Straits Times Index (STI) increased from 39.6% at end-2019 to 55.0% in February 2025, before moderating to 51.6% at present, alongside average total returns of 175% over the same period. DBS, OCBC have released 1Q26 financial results, with UOB providing 1Q26 performance highlights, with each reporting results above consensus estimates. NOII Growth Driven by Wealth and Fee Income Combined non‑interest income (NOII) for DBS, OCBC, and UOB rose to S$5.16 billion in 1Q26, up from S$4.00 billion in 4Q25 and S$4.78 billion in 1Q25, representing about 39% of combined total income. The

Ocbc always the great share to invest 

OCBC will close at 21.66 UOB will close at 36.2 OCBC won't be able to match DBS wealth management fees.

Ocbc shall rise and catch up uob soon [Smile]  

wow, very good offer for Sg users

These are some of the things to consider Singapore banks are still doing well overall, but you can definitely see pressure starting to build from lower interest rates. The big thing this quarter was seeing which banks could rely on wealth management and fee income to make up for weaker net interest income. DBS probably looked the strongest overall. Their wealth management business stayed very strong, and they continue bringing in a lot of client money, which helped support earnings. OCBC also surprised a lot of people in a good way. Their wealth management fees and non-interest income were strong, so they handled the pressure pretty well too. UOB wasn’t weak, but compared to DBS and OCBC, it looked a bit slower this quarter. They’re still pushing to grow wealth management, but the results

The combined weightage of $DBS(D05.SI)$ $UOB(U11.SI)$ $OCBC Bank(O39.SI)$ in the Straits Times Index (STI) increased from 39.6% at end-2019 to 55.0% in February 2025, before moderating to 51.6% at present, alongside average total returns of 175% over the same period. DBS, OCBC have released 1Q26 financial results, with UOB providing 1Q26 performance highlights, with each reporting results above consensus estimates. NOII Growth Driven by Wealth and Fee Income Combined non‑interest income (NOII) for DBS, OCBC, and UOB rose to S$5.16 billion in 1Q26, up from S$4.00 billion in 4Q25 and S$4.78 billion in 1Q25, representing about 39% of combined total income. The

The Pulse 🌊 $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $UOB(U11.SI)$ Singapore's banking titans just dropped Q1 scorecards, and here's the verdict: Net Interest Income is bleeding, but wealth management is printing money like it's going out of style. $DBS, $OCBC, and $UOB collectively saw NII crater 6-8% YoY as SORA collapsed from 2.54% to 1.07%, yet they still beat consensus by flexing their wealth arms. $DBS is the undisputed alpha here—SGD 12B in wealth inflows (+15% YoY) crushed the game while revenue beat Bloomberg by +4.2%. Meanwhile, $UOB hit oversold RSI(14) at 28, screaming technical rebound setup. This isn't just a Q1 story; it's a wealth war where Singapo

🎯 The Pulse $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ $UOB(U11.SI)$ $DBS threw down the gauntlet with record wealth management fees and a dividend surge to S$0.81—now $OCBC and $UOB face their moment of truth. While $DBS cruised on wealth momentum, $OCBC just pulled a strategic masterstroke: fully consolidating $G07.SI (Great Eastern) for S$1.4B to unlock S$100B AUM synergies. The numbers don't lie—$OCBC's wealth fees exploded +35% YoY to a record S$923M in 9M FY2025, offsetting brutal NIM compression (-34bps to 1.84%). With Great Eastern crushing FY2025 profit targets (+21% to S$1.2B) and Q1 2026 momentum intact (+13% profit), $OCBC is weaponizing insurance to fig

$DBS(D05.SI)$ reports Q1 2026 results this Thursday, April 30. The stock has pulled back from its record highs since the FY2025 earnings miss in February — when DBS posted net profit of S$11.033B, falling short of the Bloomberg consensus of S$11.375B and down 3% YoY. 4Q FY2025 net profit of S$2.358B also came in 10% below the prior year.Now heading into Q1, the bar has been set lower. But can DBS clear it?What analysts expect for Q1 FY2026Net profit consensus: S$2.78B (−4.0% YoY) — Visible Alpha pollTotal income: S$5.85B (−1.0% YoY)Three things to watchNIM compression continues.CGS International forecasts a −3 bps sequential NIM decline, driven by falling SORA and HIBOR. 3-month SORA dropped sharply since the start of the year. DBS had already g

DBS shares are currently trading at SGD 58.50, with a consensus analyst price target of SGD 62.28 as of 4 May 2026, implying an upside potential of approximately 6.5% from current levels. [Beansprout](https://growbeansprout.com/quote/D05.SI) The $60 mark is therefore just 2.6% away — a modest but meaningful gap in the near term. DBS reported Q1 2026 net profit of SGD 2.93 billion, up 1% year-on-year and 24% quarter-on-quarter, beating expectations. Total income reached a record SGD 5.95 billion, driven by robust wealth management, strong deposit growth, and record fee and treasury customer sales. [Minichart](https://www.minichart.com.sg/2026/04/30/singapore-market-review-april-2026-dbs-q1-results-sheng-siong-growth-institutional-retail-fund-flows-dividend-dates/) Asset quality remains heal

Macro Theme: De-escalation and “Unstable Peace” as the Core Pricing Driver Although last weekend’s White House dinner shooting incident attracted significant attention, it did not create any material impact, and markets were not disrupted at the start of the week. Meanwhile, the ongoing “Middle East saga” continues steadily, and the U.S. decision not to arrange “in-person” negotiators suggests that the intermediary model has shifted toward “remote” communication. If no surprise attacks occur within the next one to two weeks, it can largely be concluded that this tug-of-war style “peace” will persist until around the midterm elections, when potential changes or turning points may emerge. The three potential models and scenarios of U.S.-Iran negotiations have already been discussed in previo

DBS just delivered — and $60 may be closer than the market thinks DBS Group Holdings Ltd (SGX: D05) posted another strong set of results last week. On the surface, it was a “beat.” But stepping back, the more important takeaway is this: 👉 The earnings base is holding firm, even as rate tailwinds normalise 👉 The business mix is improving, not deteriorating 👉 And the capital return story remains highly compelling Put together, the pathway to $60/share looks increasingly achievable — potentially sooner than expected. ⸻ 📊 Not just a beat — a resilient earnings engine * Net profit: ~S$2.9B (+1% YoY) * Total income: Record levels * ROE: ~17% (still best-in-class globally) * Dividend: S$0.81/share (including capital return component) What stands out is the quality of earnings. Yes, net interest m

$DBS(D05.SI)$ reported Q1 2026 results with net profit of S$2.93B (+1% YoY), beating the Bloomberg consensus of S$2.88B. Shares closed +3.4% at S$58.50. Non-interest income and wealth management fees both hit all-time highs. Dividend raised to S$0.81/share from S$0.75 a year earlier. In a lower-rate world, DBS proved the model works — just not the way the market expected. Up next: $UOB(U11.SI)$ (May 7) and $OCBC Bank(O39.SI)$ (May 8). Highlights for DBS earnings 1. Deposit growth blew past expectations. Customer deposits rose 9% YoY to S$629.9B, with more than two-thirds in CASA. CEO Tan Su Shan upgraded full-year deposit growth guidance to "high to higher

All three beat Bloomberg consensus but also posted NII declines as SORA averaged just 1.07% in Q1 (vs 2.54% a year ago). The dividing line wasn't credit quality or margins — it was wealth management execution. And on that measure, the gap between the three is wider than the headlines suggest. 📊 Q1 2026 Scorecard for $DBS(D05.SI)$, $UOB(U11.SI)$ and. $OCBC Bank(O39.SI)$ DBS — Deposit surge + wealth machine, guidance upgraded. Deposits +9% YoY to S$629.9B (two-thirds CASA), wealth fees at a record S$907M, AUM reaching S$492B. FY2026 profit guidance upgraded from "below 2025" to "good shot at 2025 levels." The cleanest beat of the three. UOB — The outlier: onl

‌Technical Analysis (TA): The "Rising Wedge" Dilemma $Keppel DC Reit(AJBU.SI)$ ‌The chart highlights a Rising Wedge pattern, a classic technical formation that often signals a potential trend reversal or consolidation.‌ 1. Pattern & Price Action ‌The Wedge: Price is currently trading within converging upward trendlines. While it looks bullish because it's making higher highs and higher lows, a rising wedge is traditionally a bearish reversal pattern in a mature uptrend. Key Resistance: The upper boundary of the wedge sits around $2.50 – $2.55. Price recently touched $2.38 (as of April 23, 2026), showing some resistance as it nears the upper rail. Immediate Support: Watch the lower trendline, currently around $2.25. A breakdown below this li

The game question was whether DBS could close above SGD 60 this week. The market gave its answer on April 30. DBS closed at SGD 58.50, up 3.43% on the day on the back of a clean earnings beat. Not SGD 60. But the move was decisive and the direction was clear. Here is everything behind that number. The Results: Beat Across the Board Net profit for Q1 2026 came in at SGD 2.93 billion, up 1% year on year and a strong 24% quarter on quarter. That beat the Bloomberg consensus of SGD 2.91 billion and the Visible Alpha poll estimate of SGD 2.78 billion. EPS came in at SGD 1.05 versus the SGD 1.00 estimate, a 4.7% beat. Revenue hit SGD 5.95 billion, a new all-time high for DBS, beating the SGD 5.89 billion estimate by 0.9%. Total dividend declared for Q1: SGD 0.81 per share, comprising SGD 0.66 or

$DBS(D05.SI)$ will fire the first shot on April 30, followed by $UOB(U11.SI)$ (May 7) and $OCBC Bank(O39.SI)$ (May 8). Goldman’s latest report gives a clear verdict: overall earnings should be “decent enough,” but the divergence among the three banks is becoming more obvious — net interest margin pressure, wealth management as a bright spot, and credit costs as the biggest hidden risk. Which one are you betting on? Goldman Takeaway: What’s the Core Logic This Quarter? Goldman’s overall forecast for 1Q26 is: quarter-on-quarter recovery, but mild year-on-year pressure. Three numbers will determine the direction of share prices on earnings day: the actual de

$DBS Group Holdings Ltd.(DBSDF)$ $OCBC Bank(O39.SI)$ $SGX(S68.SI)$ $UOB(U11.SI)$ Pulse DBS just reported Q1 2026 net profit of S$2.89 billion—down 2% YoY on the surface, but here's the plot twist: this is a record pre-tax profit of S$3.44 billion being hammered by the global 15% minimum tax. While NIM compression to 1.93% is real (from 2.12% YoY), wealth management surged to record levels, safe-haven deposit inflows are flowing like never before, and treasury customer sales stayed healthy. The headline miss masks an engine that's humming harder than the numbers suggest. Key News 📊 • Q1 Net Profit: S$2.89 billion —

Last Week's Recap 1. U.S. Market Summary: Major U.S. indexes jumped sharply on easing Middle East tensions and sliding oil prices V-shaped recovery – S&P 500 finished 4.5% higher, NASDAQ gained 6.8%, and Dow rose 3.2%. NASDAQ marked its 13th consecutive positive session (longest streak since 1992). Small-cap record – Russell 2000 climbed 5.6% to a record high, surpassing its prior peak set nearly two months earlier. Style shift – Growth stocks outpaced value for the third straight week; growth benchmark finished 6.7% higher versus a 2.4% rise for value. Oil sell-off – U.S. crude fell to ~$83/barrel from ~$96 a week earlier and an April 7 peak of ~$113; remains up 40% year-to-date. Yields fall – Treasury yields declined for the fourth week amid easing inflation concerns; 10-year yield f

What To Expect From DBS Q1 2026 Earnings 🌟🌟🌟 As $DBS(D05.SI)$  Singapore's banking titan prepares to pull back the curtain on Wednesday April 30, the air is thick with a mix of cautious anticipation and resilient hope.  For investors, this Q1 2026 report isn't just about numbers.  It is a pulse check on a financial fortress standing firm amidst a volatile year of geopolitical shifts and global tax reforms. DBS: What To Expect: DBS enters this week as the ultimate sleep well at night stock, yet analysts are bracing for a slight YoY dip in net profit, estimated around SGD 2.78 billion to SGD 2.88 billion, down 2 to 4% YoY. While wealth management and treasury customer sales are expected to show healthy

According to research "Yeah, that whole “UOB and OCBC earnings: DBS set a high bar, can they follow?” narrative actually makes a lot of sense right now. DBS already came out and delivered solid results, so naturally the pressure shifts to United Overseas Bank and OCBC Bank. It’s basically the market saying, “Alright, DBS did its thing… now let’s see if you two can keep up.” The thing is, the environment right now isn’t as easy as it was before. Interest rates are starting to ease, which means banks aren’t making as much from lending margins. So even if UOB or OCBC post decent numbers, investors are looking deeper than just a “beat.” They want to see: * Can you handle shrinking margins? * Can you still grow without relying on high interest rates? * Do you have other strong areas like wealth

A Crossroads, Not a Crescendo This earnings season feels less like a victory lap and more like a sorting hat moment. The headline expectation of ‘decent enough’ results strikes me as a polite way of saying the easy money has already been made. What matters now is not who grew fastest during peak rates, but who can defend profitability as the tide quietly recedes. One market, three paths—dispersion begins beneath the surface With DBS Group Holdings Ltd reporting first on 30 April, followed by United Overseas Bank Limited and Oversea-Chinese Banking Corporation Limited, I see a clear divergence forming beneath the surface. Net interest margins are softening, wealth management is doing the heavy lifting, and credit costs are no longer theoretical—they are simply waiting, like a bill that has

I’d still choose $DBS(D05.SI)$ into year-end because it continues showing the strongest execution among the three banks. Even with lower rates pressuring NII, DBS still delivered strong deposit growth, record wealth fees, and upgraded guidance. I also currently hold a position in DBS as I see it as the most resilient Singapore bank in a volatile market. I think Middle East tensions and global uncertainty could continue supporting Singapore’s safe-haven wealth inflow advantage. Among the local banks, DBS looks best positioned to benefit due to its scale and stronger wealth management franchise. $ocbc bank(O39.SI)$ has interesting long-term upside if its Indonesia integration succeeds, while