Stable Q2 results for Singapore banks unlikely to beat Q1’s outperformance, but dividend yields remain attractive: analysts
DBS, OCBC and UOB are due to report first-half earnings in early August
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DBS , OCBC and UOB are likely to post resilient, if unspectacular, earnings ahead of impending rate cuts – but it will be difficult to beat the first quarter’s robust results, said analysts.
That said, the trio of local banks are still sporting generally attractive dividend yields, they added.
The three banks are slated to report their Q2 results in early August – UOB is up first on Aug 1, followed by OCBC on Aug 2, and DBS on Aug 7.
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