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Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025

Strong dividends remain attractive feature of local banks, analysts say

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Tan Nai Lun

Tan Nai Lun

Published Mon, Jan 6, 2025 · 05:00 AM
    • For 2025, the local banks' earnings will likely be driven largely by strong non-interest income, especially from their wealth franchises, note analysts.
    • For 2025, the local banks' earnings will likely be driven largely by strong non-interest income, especially from their wealth franchises, note analysts. PHOTO: BT FILE

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    SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts said.

    While the growth may be slower than previous years’, analysts expect that the banks’ clear dividend policies should keep them attractive to investors.

    The banks had a strong showing in 2024, as higher-for-longer rates and growth in non-interest income boosted earnings to record highs.

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    Singapore banksOCBCDBSUOBInterest ratesDividendsWealth managementOutlook 2025

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