net interest margins

UOB announced specific provision for Stark Corp, raised interim dividend to 85 cents as net profit rose

Largest gains from NIM growth may be over as rates reach a plateau and funding costs catch up

DBS and UOB's net profits have surged in 3Q2022 on loan growth and higher NIMs. The out look is optimistic with caveats

As banks transition from interbank offer rates to risk-free rates, their net interest margins could come under further pressure

The fortunes of big banks are often tied to a country’s GDP growth, so when Singapore’s growth fell off a cliff in 2QFY2020, it was not surprising that the three local banks reported double-digit y-o-y declines in net profits in 2QFY2020 and 1HFY2020.

As far as Singapore banks are concerned, Phillip Capital analyst Tay Wee Kuang feels that the recent run-up in prices may have underestimated some underlying risks arising from near term heightened credit costs.

SINGAPORE (July 5): RHB has lowered its target price for United Overseas Bank to $18.85 from $19.10 while maintaining its “neutral” stance on the bank, as it expects loan growth in FY2016 to be 0.5% after Brexit.