The banking sector exhibits cyclical characteristics. High net interest margins (NIM) and wealth management fees seen in 2024 may not be sustainable due to anticipated US interest rate cuts and the potential for a recession. Many Singaporean investors are long-term holders focused on dividend income, having acquired bank shares at lower prices in the past. These investors are generally less affected by short-term market fluctuations. New investors should adopt a patient approach, gradually accumulating positions at more favorable prices.
Maintain Guidance, Profit Drops: How Will SG Banks Move Post-Earnings?
UOB drops near 2% as it drops 2025 guidance due to US tariffs, posts stable Q1 net profit that misses estimates. It will resume giving 2025 guidance when the impact of U.S. tariffs becomes clearer.
DBS Q1 net profit drops 2% to $2.9 billion, but beats bloomberg estimates; sees lower earnings for 2025; Bank to pay total dividend of 75 cents, which includes a capital return dividend of 15 cents.
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How will their guidance affect stock trend?
Who is stronger in Q1?
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