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DBS, UOB poised for better NIMs and higher dividend yields, says Maybank

Michelle Zhu
Michelle Zhu2/13/2019 03:02 PM GMT+08  • 2 min read
DBS, UOB poised for better NIMs and higher dividend yields, says Maybank
SINGAPORE (Feb 13): Maybank Kim Eng remains positive on the outlook of Singapore’s banking sector, with DBS and United Overseas Bank as its top picks for their gearing towards better net interest margins (NIMs) as well as better dividend-yield visibilit
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SINGAPORE (Feb 13): Maybank Kim Eng remains positive on the outlook of Singapore’s banking sector, with DBS and United Overseas Bank as its top picks for their gearing towards better net interest margins (NIMs) as well as better dividend-yield visibility.

This comes ahead of the release of DBS’s 4Q18 results on Feb 18, followed by UOB and Oversea-Chinese Banking Corporation (OCBC), rated “hold” with a target price of $10.95, on Feb 22.

Both DBS and UOB have been rated “buy” with the respective target prices of $30.18 and $30.50.

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