I’ve been getting a lot of questions about OCBC Bank recently. After the big rally in DBS Bank shares of late (that makes OCBC comparatively “cheaper” by comparison). And the news that OCBC Bank is buying a 100% stake in Great Eastern. A lot of you have asked for my views on OCBC Bank, and whether it is a good buy. So… that’s exactly what we’ll do today. OCBC Bank trades at a 5.7% dividend yield, and 1.22x book value. Is it a better buy than DBS or UOB Bank? High level valuations of OCBC Bank vs DBS Bank and UOB Bank I’ve summarised the key statistics of all 3 local banks below. OCBC Bank is somewhere in the middle. Better than UOB Bank in ROE and market cap. But worse then DBS Bank both ROE and market cap. That said at a price to book of 1.22x, it looks a lot more reasonably priced than DBS Bank (1.70x)....