- UOB (SGX:U11) is set to report 2Q23 on 27 Jul, DBS (SGX:D05) on 03 Aug and OCBC (SGX:O39) on 04 Aug. See earnings calendar.
- - Read this at SGinvestors.io -
Slowing momentum. Cautious guidance.
- While pre-provision operating profit (PPOP) should see positive momentum from better opex management, banks' earnings are set grow negatively q-o-q from higher provisioning. 2Q23 asset quality likely remains benign, but we expect a more cautious tone in Management guidance for 2H23.
- - Read this at SGinvestors.io -
Peaked NIMS, weak loans; Some NoII improvements
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Thilan Wickramasinghe Maybank Research | https://www.maybank-ke.com.sg/ 2023-07-18
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)
