Welcome!
net interest margin (NIM)
Broker's Calls
Analysts remain positive on banks ahead of 3QFY2022 results due to NIM expansions
CGS-CIMB remains “overweight” on the sector while DBS expects the sector to see “higher absolute dividends” for FY2022.
October 21, 2022
Broker's Calls
Singapore banks expected to be hit by lower NII, slow loan growth: Phillip Securities
The three-month Singapore interbank offer rate (3M-SIBOR) and three-month swap offer rate (3M-SOR) have fallen to their respective seven-year lows, the brokerage notes.
July 06, 2020
Broker's Calls
'Stay cautious' on Asean banks amid Covid-19, opt for defensive plays: Maybank
Wickramasinghe says that although Singapore may likely witness one of its strongest contractions in the region, this may not translate directly to its banking system.
June 12, 2020
Hot Stock
UOB falls most since May on surprise lending margin squeeze
(Oct 26): United Overseas Bank fell the most in almost five months after a key gauge of loan profitability fell, overshadowing higher third-quarter net income at the Singaporean lender.
October 26, 2018
Broker's Calls
UOB is RHB's top sector pick for better NIM prospects & good scope for dividends
SINGAPORE (Aug 7): RHB Research is maintaining its “overweight” stance on Singapore’s banking sector with “buy” ratings for both United Overseas Bank (UOB) and DBS at target prices of $33.30 and $30.30, respectively.
August 07, 2018
Broker's Calls
OCBC kept at 'buy' on steady earnings growth in 3Q
SINGAPORE (Oct 10): UOB Kay Hian is keeping its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $13.38 given expectations the bank could report steady earnings growth for the third quarter of 2017.
October 10, 2017
Broker's Calls
Why DBS remains Deutsche’s top sector pick despite downgrade
SINGAPORE (Aug 23): Deutsche Bank says DBS Group Holdings remains its top pick within the Singapore banks sector, even after recently downgrading the stock to “hold” based on valuations following the bank’s recent run-up in share price post 2Q17 res
August 23, 2017
Broker's Calls
Singapore’s banks are back on track with improved business sentiment
SINGAPORE (Aug 10): UOB Kay Hian is maintaining “overweight” on Singapore’s banking sector with DBS and Oversea-Chinese Banking Corporation (OCBC) as its top “buy” picks with target price estimates of $24.85 and $13.38 respectively.
August 10, 2017
Broker's Calls
Don’t bet on OCBC to raise its dividends, says Credit Suisse
SINGAPORE (July 12): Credit Suisse is downgrading its rating on Oversea-Chinese Banking Corporation (OCBC) to “neutral” from “outperform” with a lower target price of $10.90 given the bank has limited scope to raise its dividends given its current
July 12, 2017
Broker's Calls
Which bank will be hardest hit in the event of Ezra’s liquidation?
SINGAPORE (Feb 3): CIMB Research remains “underweight” on Singapore banks given that asset quality concerns still loom, especially since Ezra Holdings today announced the possibility of a US$170 million ($240 million) writedown.
February 03, 2017