0432 GMT - DBS and OCBC's 3Q results are likely weighed by continued net interest margin compression, says UOB Kay Hian's Jonathan Koh in a note, citing depressed local interest rates. He expects NIM compression to continue into 1H 2026, although the city-state's domestic stability is likely to still attract liquidity. Growing wealth management fees at both banks could mitigate some of the drag from compressed NIMs, he adds. The lenders' asset quality is also likely to remain generally benign. UOB KH has a hold rating and S$55.25 target price on DBS and a buy rating and S$20.12 target price on OCBC. DBS falls 0.1% to S$52.72, while OCBC declines 0.4% to S$16.76. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
October 23, 2025 00:32 ET (04:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.