# After years of robust growth, a tough 2027 ahead for Singapore banks: Analysts

- URL: https://talkfuse.com/story/after-years-of-robust-growth-a-tough-2027-ahead-for-singapore-banks-analysts/
- Published: 2026-11-07T01:03:51+00:00
- Updated: 2026-11-07T02:26:57+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/singapore/dbs-uob-ocbc-banks-earnings-outlook-6531376
- Topics: Business, Companies, World

## Key points

- Analysts forecast slower growth for Singapore banks in 2027.
- DBS and UOB missed third-quarter profit expectations; OCBC beat them.
- Deposit competition and thinner margins are key concerns.

## Summary

Analysts expect Singapore’s banks to face slower growth in 2027 as interest rates contribute less to earnings and competition for deposits squeezes margins. Recent results were mixed, with DBS and UOB missing forecasts while OCBC beat estimates, and the banks’ shares have retreated alongside the wider market.

OCBC’s third-quarter net profit rose 3 per cent to S$2.04 billion. DBS profit fell 5 per cent to S$2.81 billion, while UOB profit climbed 182 per cent to S$1.25 billion, partly because it had set aside S$1.36 billion for losses a year earlier. Analysts see different pressures across the lenders: DBS’s markets trading income dropped 65 per cent, UOB faces thinner margins and rising costs, and OCBC’s earnings may fluctuate with bond-market moves; DBS also trades at nearly three times book value, against a historical average of 1.6 times.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.