More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings

Businesstimes News
2026.05.12 23:01
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Wealth management and fee income are crucial for Singapore banks, with analysts predicting continued growth in non-interest income to counterbalance declines in net interest income due to falling rates. In Q1 2026, DBS, OCBC, and UOB reported combined non-interest income of S$5.16 billion, surpassing previous quarters and year-on-year figures, indicating strong performance in this sector.