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 
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.
Comments