MHh
02-26
With the high interest rates and high loans, I thought all 3 banks would do well. OCBC is really unexpected. I think DBS has been the all time favourite and has been a safe option. However, the CEO is stepping down. I think it would be good to see the new direction first. AI will create a shift in job trends. Repetitive job will be easily replaced by technology and AI. However, there will be more people employed in areas that require technology related skills such as redesigning related work processes, cybersecurity, AI-assisted processes that enhance the bank-customer relationship and service.
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OCBC Earnings Misses: Will DBS or UOB Continue to Outperform?
Singapore's second-largest bank, Oversea-Chinese Banking Corp, said it expects loan growth to moderate in 2025 after posting a smaller-than-expected rise in fourth quarter profit and unveiling a S$2.5 billion capital return. OCBC was the only bank to miss forecasts in an otherwise strong fourth quarter earnings season for Singapore banks, which declared multi-billion capital return packages alongside their financial results, sending their shares to record-highs. ------------ Does DBS or UOB Offer More Upside? What's your target price for OCBC? Which bank is worth buying right now?
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Comments

  • SnideWhistle
    02-27
    SnideWhistle
    IMHO, I’d think that OCBC is not unexpected, it just didn’t meet analysts’ high expectations, can’t expect a tortoise to run faster than a hare, to each its own pace, it will cross the finishing line nonetheless, 加油!
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