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1Q earnings of banks could be pressured by net interest margins and credit costs

Goola Warden
Goola Warden • 5 min read
1Q earnings of banks could be pressured by net interest margins and credit costs
The banks' 1QFY2026 earnings could be pressured by NIMs and credit costs, offset by wealth management fees and non interest income
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According to Bloomberg’s earnings estimates, DBS Group Holdings is forecast to report a net profit of $2.91 billion in 1QFY2026 ended March 31, compared to the $2.358 billion recorded in 4QFY2025 and $2.897 billion in 1QFY2025.

Oversea-Chinese Banking Corp (OCBC) is forecast to report a net profit of $1.935 billion in 1QFY2026 ended March 31, higher than 4QFY2025’s net profit of $1.745 billion and 1QFY2025’s net profit of $1.745 billion.

The same Bloomberg poll reports United Overseas Bank’s (UOB) 1QFY2026 net profit ended March 31 at $1.591 billion, compared with $1.41 billion in 4QFY2025 and $1.49 billion in 1QFY2025.

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