UOB to Lower Interest Rates on Flagship Savings Account "One Account" Based on Rate ExpectationsStarting from May 1, the maximum interest rate for the first S$150,000 will be reduced from 4% to 3.3% per annum.This marks the second consecutive year that UOB has lowered the interest rate on its One Account. Prior to May 2024, the One Account offered a maximum annual interest rate of up to 5% on deposits of up to S$100,000.The bank has also joined OCBC in lowering the interest rates on its flagship savings accounts this year.Earlier in March this year, OCBC announced that it would lower the interest rates on its 360 Account in line with prevailing market conditions.Starting from May 1, the maximum effective interest rate for the first S$100,000 in the 360 Account will be reduced from the curr

$ocbc bank(O39.SI)$ good profit 

$ocbc bank(O39.SI)$  Local banks are cash  Cows giving 5-6+% dividend yields even at current prices!

accumulate OCBC follow by UOB and DBS

Singapore’s second-largest bank, Oversea-Chinese Banking Corporation (OCBC), has reported a smaller-than-expected rise in fourth-quarter profit, citing expectations of moderated loan growth in 2025. Alongside this, OCBC unveiled a S$2.5 billion capital return, but it remained the only Singapore bank to miss analysts' forecasts in what was otherwise a strong earnings season for local banks. In contrast, DBS Group Holdings (DBS) and United Overseas Bank (UOB) exceeded expectations, delivering multi-billion capital return packages. Their strong financial performance propelled their share prices to record highs, reinforcing their positions as dominant players in Singapore’s banking sector. Should Investors Buy Singapore Bank Stocks Now? Personally, I won’t be buying Singapore bank stocks at cu

DBS's earnings are expected to be better than OCBC's, with a more positive outlook going forward. DBS Earnings Performance - DBS reported a 6% increase in core quarterly profit, missing expectations due to higher provisions for bad debt charges. - However, DBS's net profit was still higher than OCBC's, reaching S$973 million. - DBS's recent first-quarter results exceeded expectations, with net profit jumping 15% from the same period a year earlier to S$2.96 billion. - DBS expects net profit to grow this year, exceeding last year's record result. OCBC Earnings Performance - OCBC beat analysts' forecasts by posting an 8% rise in quarterly profit, helped by strong loan growth. - OCBC's net profit reached S$715 million. Outlook Going Forward for DBS  - DBS is expected to maintain its stro

Dbs and uob will always outperform 

Share prices of the three Singapore banks $DBS Group Holdings(D05.SI)$ $ocbc bank(O39.SI)$ and $UOB(U11.SI)$ are at their all time high for years and investors are still confident with them. Such confidence is fueled by a number of reasons. The interest rate is likely to be “higher for longer”. The U.S. harsh tariffs policies will prove inflationary and the Fed will be forced to hold rates higher for longer. The 3 banks will benefit from higher net interest income. These 3 banks have also projected double digit growth of their non-interest income to boost their total income. The trio of banks also have excess capital in multi-billions to give out higher div

SG Banks worth buying       $ocbc bank(O39.SI)$ dropped 2% today following the release of its earnings report. While OCBC remains a top performer, its rivals performed better. Despite announcing a S$2.5 billion capital return, the details were less attractive compared to its competitors. @Shyon @Aqa @SPACE ROCKET @

SG Banks worth buying $ocbc bank(O39.SI)$ dropped 2% today following the release of its earnings report. While OCBC remains a top performer, its rivals performed better. Despite announcing a S$2.5 billion capital return, the details were less attractive compared to its competitors. @Shyon @Aqa @SPACE ROCKET @

All 3 bank in SG$DBS Group Holdings(D05.SI)$  $UOB(U11.SI)$  $ocbc bank(O39.SI)$   is good to invest. One up and another down also won't affect much of your portfolio. So long invest in long run and best in pocket in all the dividends payouts @TigerEvents @Fenger1188 @HelenJanet @SR050321

single digit growth only is a bummer for OCBC, adding to it the relatively weak guidance for the upcoming quarters isn't helping it's cause. DBS on the other hand appears to be the much stronger performing asset. Furthermore, them looking ahead to the future and recognizing the AI trend throughout the world and reacting to it, is a good look for DBS. I think DBS is the best play here, probably followed by UOB and OCBC being a distant third. $ocbc bank(O39.SI)$ $DBS Group Holdings(D05.SI)$ $UOB(U11.SI)$

Dbs has always been the more consistent performer among the 3 banks and had rewarded its shareholders handsomely last year. I was really anticipating OCBC to do well but its dividend was really underwhelming. So I would say DBS is the winner for the first half of 2025

OCBC and UOB is very stable and good for long term. can buy for dividend.

As to which bank is worth buying is dependent on whether you are currently holding any one of them. If you are holding 3 of them, then DCA them will not be an issue - unless you bought them ATH. I don’t think AI will be able to replace human workers. In my department, we were told to use copilot to summarise our technical worker. 🤦‍♀️. I think our manual summarisation is better off than AI. If AI is able to replace my work, then I will see my golden handshake very soon. Unfortunately, it is not that intelligent to do so. 😓🫣🤦‍♀️ Good bye to , I just have to continue working until the day company doesn’t want me. 🤭😂

I believe is long term investment. Right now my OCBC still in green will continue to invest.

With the high interest rates and high loans, I thought all 3 banks would do well. OCBC is really unexpected. I think DBS has been the all time favourite and has been a safe option. However, the CEO is stepping down. I think it would be good to see the new direction first. AI will create a shift in job trends. Repetitive job will be easily replaced by technology and AI. However, there will be more people employed in areas that require technology related skills such as redesigning related work processes, cybersecurity, AI-assisted processes that enhance the bank-customer relationship and service. @Success88 @Fenger1188 @Universe宇宙

DBS is the best so far based on ROE. OCBC however, with a dividend yield of 5% looks a little attractive but with risks of a further drop in price and average performance. While all 3 banks are good dividend yield plays, do note that is it because of the high interest rate environment spurred by the Fed. If interest rates cut, then the NIM will drop and so will earnings. As for AI, it will become a great partner for most jobs and it will take over some jobs. However, some roles will be irreplaceable. E.g. can you imagine an AI MP, PM or President? Let me know what you think. @daz88888888 @LMSunshine @melson

$ocbc bank(O39.SI)$ dropped 2% today following the release of its earnings report. While OCBC remains a top performer, its rivals performed better.For the full year 2024, the bank's net profit reached S$7.59 billion, an 8% yoy increase. However, Q4 net profit was S$1.69 billion, a 4% yoy increase, which missed analysts’ expectations of S$1.81 billion (a 6.6% miss), making OCBC the only one of Singapore’s three major banks to fall short of expectations. This stands in stark contrast to $DBS Group Holdings(D05.SI)$ (+10% met expectations) and $UOB(U11.SI)$ (+9% exceeded expectations).For the full year, net interest income hit a record high of S$9.76 billion (