NIM will certainly come down and impact profitability. It s good to forewarn the investors. Though all 3 banks are super solid, the golden days of mind boggling NIM is coming to an end. My point of view.
Citi Downgrades UOB To ‘Neutral’, Lowers Target Prices On All Three Banks, As It Sees Downside Risks To NIMs
Good analysis but it is risk to short as Micron may buyback heavily. It is an huge opportunity for Micron as against their recent buyback purchase at $71. Also buying back and building their inventory looks to be their strategy based on their Q&A in earnings call. So be careful while shorting