Investors Eye More Share Buybacks, Special Dividends as DBS, OCBC, UOB Release Q4 Earnings

Investors Eye Singapore Banks’ Capital Management Plans

INVESTORS are keenly watching the capital management plans of the Singapore banks, which are expected to post yet another resilient set of results for the fourth quarter of 2024, analysts said.

Singapore Banking Trio to Report Q4 and Full-Year 2024 Results

The local banking trio are due to report their fourth quarter and full-year 2024 results in February, with DBS on Feb 10, UOB on Feb 19 and OCBC on Feb 26.

Analysts’ Expectations

Analysts said the lenders likely maintained their strong asset quality and excess Common Equity Tier-1 levels, which leaves room for capital returns to shareholders.

Capital Returns to Shareholders

Thilan Wickramasinghe, head of Singapore research at Maybank Securities, said: “We expect increased management focus on optimising balance sheets with potential special dividends and larger share buyback programme announcements.”

DBS and UOB could deliver special dividends and give more clarity on share buybacks plans, he added.

Conclusion

Investors are eagerly awaiting the capital management plans of Singapore’s banking trio, DBS, UOB, and OCBC, as they are expected to post strong results for Q4 and FY 2024. With analysts predicting a focus on optimising balance sheets, investors can expect special dividends and share buybacks announcements.

FAQs

Q: When will the Singapore banking trio report their Q4 and FY 2024 results?
A: DBS on Feb 10, UOB on Feb 19, and OCBC on Feb 26.

Q: What are analysts expecting from the Singapore banks’ capital management plans?
A: Analysts expect the lenders to maintain strong asset quality and excess Common Equity Tier-1 levels, leaving room for capital returns to shareholders.

Q: What are the potential capital returns to shareholders?
A: Investors can expect special dividends and larger share buyback programme announcements, according to Thilan Wickramasinghe, head of Singapore research at Maybank Securities.