Below are 3 bank stocks to look at right now. Today, the Singapore Stock market opened weaker because of the following overnight losses on global markets. I am not an expert in analysing banks but I know from the past investment seminars I attended that they operate by taking in money as deposits and then lending that money out as loans. The current high interest rates environment benefit banks as they can increase the interest rates charged on loans to businesses.
If you are keen what metrics to watch out for related to banks, Syfe has an excellent article here. As a dividend investor, I will be keen on the current dividend yield given that the share prices have came down from its peak recently. If you have subscribed to my blog, you should know that my stock portfolio is overweight on REITs....