All three local banks had released their full year financial results for 2015.
|Banks||Q4 Profit ($m)||Change (%)||Year Profit ($m)||Change (%)|
DBS was better than the two other banks.
|Banks||NIM (%)||NPL Ratio (%)||Non-interest/ Total Income (%)||Remarks|
NIM = Net Interest Margin
NPL = Non-Performing Loans
DBS and UOB had the same NIM at 1.77%. OCBC was a tad lower at 1.67%.
UOB had higher NPL ratio at 1.4% while DBS and OCBC had the same NPL Ratio at 0.9%.
In terms of Non-Interest Income/Total Income, OCBC got more from non-interest income type of business than DBS and UOB.
|Banks||NAV ($)||Share Price ($)||P/B Ratio||Remarks|
Price to Book (P/B) ratio for DBS (0.86) was lower before the release of its results this morning at 8.00 am.
|Banks||ROE (%)||EPS ($)||Share Price ($)||PE Ratio|
OCBC had the best Return of Equity (ROE) at 12.3%.
The Price Earning ratio (PE) for DBS was 7.73, lower than the other 2 banks based on share prices as at last Friday. This was before the release of results by DBS this morning.
|Banks||Dividend ($)||Share Price ($)||Div Yield (%)||LY Dividend ($)|
Dividend Yield, Price Earnings ratio and Price to Book ratio are calculated using share prices as at 19 February 2016
UOB’s Dividend Yield was higher than the other 2 banks at 5.22%.
On the whole, DBS did well for 2015 contrary to what many analysts predicted.
Copyright © 2016, limkimtong for Living Investment
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