The Q2 2026 earnings reports from the three banks have just cleared the tape, and the verdict is clear: our local banks are printing record profits and raising dividends! DBS declared a dividend of S$0.81 per share, ex-date 14 August 2026 and pay date 25 August 2026. OCBC declared a dividend of S$0.47 per share, ex-date 17 August 2026 and pay date 28 August 2026. UOB declared a dividend of S$0.88 per share, ex-date 17 August 2026 and pay date 28 August 2026. The respective earnings releases may be viewed at these company URLs: https://www.dbs.com/investors/financials/quarterly-financials https://www.ocbc.com/group/investors/financials.page https://www.uob.com.sg/investor-relations/financial/index.html Since Q1 2026, my thesis for DBS, OCBC and UOB has been this: SORA was finding a structural floor, local interest rates were stabilizing, and Singapore’s status as a global safe haven would drive a massive wealth inflow multiplier. I was waiting for the Q2 2026 print for direct confirmation that Net Interest Margin (NIM) compression was bottoming out, fee income was surging, and the banks are transitioning from...