DBS keeps 2025 outlook, UOB trims expectations after mixed Q2 results
Singapore's top banks have reported mixed fortunes this earnings season. Southeast Asia's largest lender DBS posted higher profit in the three months ended June, but its peer UOB reported lower quarterly earnings that took a hit from the lower interest rate environment. Despite falling interest margins and tariff uncertainties, analysts say all three banks remain well-positioned, with one clearly outperforming the rest. Kate Low with this report.
Singapore's top banks have reported mixed fortunes this earnings season. Southeast Asia's largest lender DBS posted higher profit in the three months ended June, but its peer UOB reported lower quarterly earnings that took a hit from the lower interest rate environment. Despite falling interest margins and tariff uncertainties, analysts say all three banks remain well-positioned, with one clearly outperforming the rest. Kate Low with this report.
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