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DBS, OCBC, UOB Q2 results likely to be weighed down by lower interest rates

But loan growth and recovery in wealth management activity could buffer declines, with trading income possibly surprising on the upside: analysts

Tan Nai Lun
Published Tue, Jul 29, 2025 · 07:00 AM
    • The Singapore banks will post their Q2 financials next month, beginning with OCBC on Aug 1 and followed by DBS and UOB on Aug 7.
    • The Singapore banks will post their Q2 financials next month, beginning with OCBC on Aug 1 and followed by DBS and UOB on Aug 7. PHOTO: BT FILE

    [SINGAPORE] The trio of local banks will likely post weaker results for the second quarter of 2025, weighed down by lower net interest income from falling interest rates, analysts said.

    They are expected to post their Q2 financials next month, beginning with OCBC on Aug 1 and followed by DBS and UOB on Aug 7.

    Net interest margins (NIMs) will probably be “materially lower” in Q2, said Thilan Wickramasinghe, head of research and regional financials at Maybank Securities Singapore.

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