DBS vs OCBC vs UOB: Which Bank Delivered the Best Results and Dividend?
Singapore's major banks, DBS, OCBC, and UOB, have released their 1H2026 financial results, showing varied performance in income and profit growth. While DBS led in ROE and profit, OCBC saw significant growth in non-interest income, and UOB faced challenges with declining interest income.
Why it matters
These banks are central to the performance of the Straits Times Index, making their financial health a key indicator for regional investors.
There are thirty stocks in the Straits Times Index (SGX: STI).
Yet, the banking trio, DBS Group Holdings (SGX: D05), OCBC Ltd (SGX: O39), and UOB Ltd (SGX: U11), together with the Singapore Exchange (SGX: S68), reportedly contributed 95% of the STI’s advance this year – exerting an outsized influence on how the STI performs.
The three blue-chip darlings recently reported their latest first half of 2026 (1H2026) financial results, giving investors a fresh set of numbers to evaluate.
As we celebrate Singapore’s National Day, we check out how the country’s largest banking stocks are enriching investors in their own unique ways.
In 1H2026, DBS’s total income surged 3% year on year (YoY) to S$12.0 billion, driving net profit up 5% to a record S$6.01 billion .
Its wealth management segment was key, with assets under management (AUM) breaching S$500 billion.
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