Singapore’s three local banks — DBS, OCBC, and UOB — have all submitted their final report card for 2025, buoyed by resilient net interest income (NII), and strong growth in their non-NII fee businesses.
However, their share price performance has diverged, leaving investors with a familiar question: Which bank still offers the best value today?
Let’s compare the three to see which bank is the most attractively valued.
DBS continues to lead the pack both in terms of share price appreciation and operating performance.
In particular, its earnings and return on equity (ROE) are the highest among its peers.
These metrics are testament to DBS’s market leadership position, strong digital franchise, and its proven ability to grow dividends.
For the third quarter of 2025 (3Q2025), Singapore’s largest bank achieved a record turnover of S$5.9 billion, representing a year-on-year (YoY) growth of 3%.
DBS’s net profit of S$2.95 billion declined 2% YoY compared to 3Q2024....
