DBS should be able to maintain its stable NIM moving forward in view of its reputation getting stronger indeed. In July, DBS was awarded World’s Best Digital Bank by Euromoney for the second time in three years. It was also named World’s Best Bank for SMEs.
Non interest income is a significant income portion as well for the banks in consideration that interest rate is moving lower. UOB should be increasing its non interest income moving forward in order to offset the decrease in NIM.
I think that all 3 banks should be bullish in the longer term.
Moreover the dividend yield is considered very good in comparison to other blue chip counters in STI. [Smile] [Smile]
# DBS SGD50! UOB Misses: How Do You View Three Banks’ Earnings?

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