DBS, OCBC and UOB report record combined non-interest income of S$5.16 billion in Q1
DBS, OCBC and UOB reported record combined non-interest income of S$5.16 billion in the first quarter, up from S$4.78 billion a year earlier.
Source: The Business Times · July 21, 2026 at 8:29 AM · AI-assisted report
CorroboratedKUALA LUMPUR, 21 JULY 2026 —
DBS, OCBC and UOB reported record combined non-interest income of S$5.16 billion in the first quarter, up from S$4.78 billion a year earlier.
Market Impact
The three Singapore banks beat analysts’ consensus for the three months ended March 31, 2026. Their combined non-interest income rose to S$5.16 billion from S$4 billion in the preceding quarter and S$4.78 billion a year earlier, according to a market update by the Singapore Exchange’s research team.
Wealth management and other fee income are becoming increasingly important earnings buffers for Singapore banks. Analysts expect non-interest income to continue offsetting expected declines in net interest income amid a falling interest-rate environment.
The three lenders’ first-quarter results were released after the Singapore Exchange’s (SGX) market update on May 8.
Related: DBS