Coming into 2024, investors might be wary of investing in banks as there are several forecasts on potential rate cuts throughout the year, with a net terminal rate of 4.25% – 4.50%. Despite this, I think our 3 local banks namely DBS (SGX: D05), UOB (SGX: U11), and OCBC (SGX: O39) are still very well positioned to do well. As all 3 banks have recently released their FY2023 results, investors are curious about which one did the best! In this article, I’ll cover the FY2023 results and compare the 3 local banks on which one should you invest in. If you want to maximize profits in 2024 and prepare your portfolio for any possible volatility, check out my Premium Subscription! Get access to my personal watchlists, trades I'm excecuting as well as market updates almost every day! To kick off the new year, we will be offering trials for a limited time only. Contact me here to find out more....