Singapore Banks - DBS Research 2023-02-01: Potential Dividend Upside?

• Singapore Banks continue to have ample capital for higher dividends; keep watch on upcoming dividends.
• NIM expansion started to moderate from 4Q22.
• Benign credit environment persists, more normalised credit costs ahead.
• Remain positive on Singapore Banks for resilient earnings performance, maintain BUY on UOB, OCBC.

Singapore Banks continue to have ample capital for higher dividends; keep watch on upcoming dividends.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

4Q22 NIMs set to moderate from peak; UOB to see NIM uplift from Citi consolidation.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

More reports on banking & finance sector:
Analyst Reports on Singapore Banking & Finance Sector

Read also:
Analyst Reports on DBS Group
Analyst Reports on OCBC Bank
Analyst Reports on United Overseas Bank (UOB)