Ocbc Bank - OCBC Group Third Quarter 2026 Net Profit at S$2.04 billion Nine-month Group net profit up 10% to a record S$6.24 billion. 3Q26 Group profit up 3% YoY; Banking Operations profit rose 16% to anew high, moderated by weaker investment income from GEH ➢ Total income down 2%; Record Banking Operations income, up 7% ➢ NII up 4% but more than offset by 10% decline in Non-II ➢ Fees grew from a strong 3Q25, while customer flow trading incomerose to a new high

OCBC Group Third Quarter 2026 Net Profit at S$2.04 billion.

Nine-month Group net profit up 10% to a record S$6.24 billion

 ▪ 3Q26 Group profit up 3% YoY; Banking Operations profit rose 16% to anew high, moderated by weaker investment income from GEH

➢ Total income down 2%; Record Banking Operations income, up 7%

➢ NII up 4% but more than offset by 10% decline in Non-II

➢ Fees grew from a strong 3Q25, while customer flow trading incomerose to a new high

➢ GEH’s underlying business remained resilient; NBEV grew 14%, although profit contribution declined due to negative impact from market movements on its investments

▪ Against a record 2Q26, Group profit declined 8%, impacted by GEH’sinvestment performance; Banking Operations profit rose 8% QoQ

▪ Loan and deposit growth momentum sustained

▪ NPL ratio improved to 0.8%, credit costs lower at 6bps while coverageratio increased to 168%

▪ Liquidity, funding and capital positions remain strong; fully phased-inCET1 CAR stable at 14.0%

▪ 3Q26 ROE at 13.1% on an annualised basis.

– Oversea-Chinese Banking Corporation Limited (“OCBC”) reported a record net profit of S$6.24 billion for the first nine months of 2026 (“9M26”), 10% higher than a year ago (“9M25”). 9M26 total income reached a new high, driven by broad-based growth across Wealth Management (“WM”), Wholesale 

Banking and Insurance. 9M26 WM fees rose 25% to a record S$1.33 billion and non-interest income from Wholesale Banking grew 24%.

Group net profit for the third quarter (“3Q26”) was S$2.04 billion, up 3% year-on-year. OCBC delivered record 

Banking Operations profit for 3Q26, supported by its strong franchise, and disciplined cost and risk management. 

Great Eastern Holdings (“GEH”) underlying business remained resilient, with New Business Embedded Value 

(“NBEV”) up 14% for 3Q26. Quarter-on-quarter, Group net profit was down 8%, as record Banking Operations profit was offset by weaker investment performance from GEH.

Net interest income (“NII”) was higher quarter-on-quarter in 3Q26, lifted by loan growth and improved yields, partly offset by higher funding costs. Higher SORA rates were a net positive to NII as asset yields rose faster than funding costs, while the rise in US rates pressured margins this quarter as funding repriced faster than assets. The benefits from higher US rates would be reflected in the coming quarters as assets reprice. The 

Group’s WM franchise remained strong. Banking WM AUM continued to grow, with 3Q26 WM fees above the strong 3Q25 results although below the record high in 2Q26.

Asset quality stayed strong, with improved NPL ratio of 0.8% and lower allowances, reflecting continued prudent risk management. The Group maintained sufficient buffers against potential risks with an NPA coverage ratio at 168%. Capital remained sound and well positioned to support business growth. Balance sheet management initiatives this quarter further enhanced capital efficiency, with scope for continued progress.

Dbs bank - 3Q net profit at $2.81b  Total income slightly lower YoY at $5.85b; strong business momentum offset by lower markets trading income o Group net interest income up 4% to $3.71b led by strong loan and deposit growth

3Q net profit at $2.81b

 Total income slightly lower YoY at $5.85b; strong business momentum offset by lower markets trading income

o Group net interest income up 4% to $3.71b led by strong loan and deposit growth

o Fee income and treasury customer sales rise; Wealth segment AUM at new high

o Markets trading income declines amid unfavourable equity market conditions 

9M net profit up 2% to record $8.82b

 Total income rises 2% to new high of $17.9b led by record fee income and treasury customer sales

Balance sheet remains strong

 NPA declines 3% QoQ as new NPA formation remains low, NPL ratio improves to 0.9% 

 SP at 17bp for 3Q and 16bp for 9M

 Allowance coverage at 134% and 202% after considering collateral

 Transitional CET1 ratio at 15.9%, fully phased-in at 14.0%

3Q total dividend of 81¢ per share, comprising 66¢ ordinary dividend and 15¢ Capital Return dividend

 Strong business momentum underscores franchise resilience .A record nine months 9M total income and net profit at new highs, ROE at 17%. 3Q earnings moderate from 2Q high, mainly due to lower markets trading income.

 Solid customer franchise growth sustained in 3Q

o Wealth NNM and AUM at new highs; wealth fees in 1Q-3Q the three highest 

quarters on record

o IBG treasury customer sales and transaction services fees also at new highs

o Robust loan and deposit growth

 Net interest income past the trough, exit NIM at 1.90%

o 3Q Group NII second highest on record despite low Sora, testament to balance sheet growth and proactive hedging.

2027 outlook

Global economy remains resilient, but outlook more uncertain amid elevated energy prices, tighter financial conditions and geopolitical risks

 Total income growth to be in mid-single-digit range

o Assumes two more US Fed rate hikes from now till end-2027, Sora averaging ~1.6% and a stronger SGD

o NII sensitivity of $10m/bp to SG interest rates and -$2m/bp to US interest rates; 

capturing favourable hedging opportunities

o NII supported by healthy loan pipeline and deposit growth

o Structural growth in wealth management to continue

o Prudent growth in FIG and TMT

 Cost-income ratio to be in low-40% range Mid-single-digit expense growth

 SP assumed to be within 17-20bp; GP reserves provide ample buffer against risk

Uob Bank - Gapped down this morning, she is trading at 38.20, down 2.26 looks rather weak and may likely continue to go down to revisit 37.45 than 37

 Chart wise,  bearish mode. The support at 37.50 had broken down.  37 also unable to hold likely to go down to test 36 and 35. Pls dyodd. 

Uob Bank  - Gapped down this morning,  she is trading at 38.20, down 2.26 looks rather weak and may likely continue to go down to revisit 37.45 than 37. Next,  she may go further downward to test 35. Pls dyodd. 

It looks like the market doesn't like tge latest 3rd quarter results update.  

7th August 26:

 XD on 17 August for 88 cents dividend,  price likely corrected lower and may go down to test 40 than 39. Pls dyodd. 

UOB’s 2Q26 net profit rises 10% YoY to S$1.5 billion 

Strong growth in ASEAN markets in wealth management and trade 

Singapore, 7 August 2026 – UOB Group reported a net profit of S$1.5 billion for the second

quarter of 2026 (2Q26), up 10% compared with a year ago, reflecting the Group's resilient 

performance amid macroeconomic uncertainties and market volatility. For the first half of 2026, net 

profit rose 3% compared with the same period last year.

The Board declared an interim dividend of 88 cents per ordinary share, representing a payout ratio 

of approximately 50%. 

Net profit for 2Q26 was 10% higher at S$1.5 billion compared with a year ago, demonstrating the 

strength of our diversified franchise. Despite healthy loan growth of 5% and active balance sheet 

management, net interest income eased 2% from the previous year due to margin pressures from 

the lower interest rate environment. Net fee income rose 5% year on year to S$665 million, led by 

record wealth management fees, although this was partially offset by softer loan-related fees from capital market activities. 

The Group’s non-performing loan ratio stood at 1.6%. Credit costs for 2Q26 remained within 

expectations at 28 basis points.

In 1H26, Group Wholesale Banking continued to build on its positive business momentum in a 

challenging operating environment. Transaction banking remained a key contributor, representing 

close to half of total wholesale banking income. This was supported by a 33% year-on-year 

increase in trade loans, and a resilient CASA growth of 9%, reflecting robust client demand for the 

Bank’s integrated cash management and trade solutions.

ParkwayLife Reit - Gross Revenue of 115.1m is lowered than last year by 1.9 percent. DI and DPU growth for YTD 3Q 2026 is at 13.4% (withoutoutperformance contribution).S$85.5 million(based on minimum rent) 1. As at 30 September 2026. DPU is up 13.4% to 13.10 cents

 ➢ Singapore hospitals continue to underpin the organic rental growth for PLife REIT with Annual RentReview Formula1 applicable to rental contributions from FY2026 onwards:

▪ Minimum rent set to increase from $79.7 million in FY2025 to $99.1 million in FY2026, based on CPI-linked escalation (i.e. CPI fixed at 0.9% + 1% guaranteed annual growth); and

▪ Additional uplift of $0.9 million for Q2 2026 (Q1 2026: $0.8 million), bringing 1H 2026 total uplift to$1.7 million driven by outperformance under the revenue sharing formula from Gleneagles Hospitaland Parkway East Hospital. Revenue sharing for 2H 2026 (if any) will be finalised and reported in thenext quarter.

➢ In accordance with prevailing accounting standards, the impact of the step-up lease arrangement overthe past three years, including the 1% guaranteed annual growth for the Singapore portfolio, has beenstraight-lined over the lease term and consistently applied since August 2022. Accordingly, thearrangement does not result in any year-on-year movement in revenue. Any increase in revenue for theperiod will therefore arise solely from additional rent attributable to CPI adjustments and revenue-sharing arrangements.

➢ Overall, lower revenue year-on-year was attributed to the Japan portfolio mainly due to JPY FXdepreciation and tenant exit affecting five Japan nursing home properties. Given the REIT has hedged itsnet income from Japan, the lower revenue will be compensated by FX gains realised upon settlement ofthe forward contracts. Gross revenue 115.1m, down 1.9%. 

DI and DPU is up.

➢ Amount available for distribution (determined by actual cashflow receipts) grew 15.6% primarily drivenby higher rental receipts from the Singapore hospitals’ Annual Rent Review formula and step-up leasearrangement from the France portfolio.

➢ However, any additional DI arising from the outperformance of the Singapore assets will only bedetermined when the full year revenue is finalised. Hence, the distribution (if any) will be distributedin 2H 2026. Correspondingly, the DI and DPU growth for YTD 3Q 2026 is at 13.4% (withoutoutperformance contribution).S$85.5 million(based on minimum rent) 1. As at 30 September 2026. DPU is up 13.4% to 13.10 cents. 

Gearing 34.8%. ICR 7.9x. 

Dbs bank - The selling down started this morning. Support broken down. She may go down to test 70

  This morning price Gapped down and broken the support at 72.50. She is now that 70.84, likely to go down to test 70 than 65 and below. Pls dyodd. 

31st October 26:

Dbs bank  - Chart wise,  bearish mode.  She may go down to test 72.50. Breaking down would see further selling down pressure.  3rd quarter results will be our on 5th Nov.  Will it be able to support the price from going lower.  Lets await the market to tell us.

Once the bank started to fall, STI would likely fall further.  Pls dyodd. 

 25 October 26:

Dbs bank  - Chart wise,  bearish mode.  She may go down to test 72.50. Next, she may go further downward towards 70 and below.

Beyond  70, she may head further South towards 65. Pls dyodd. 

FCT : Frasers Cpt Tr - The 2nd Half results numbers seem to have temporarily supporting the price from falling. It is trading at 2.10 after going XD a few days ago, seem not bad . But will RTS link poses further intense competition to draw away traffic sales and affect rental prices especially for those Mall in the North like North Point and Causeway Point

 FCT : Frasers Cpt Tr  - The 2nd Half results numbers seem to have temporarily supporting the price from falling.  It is trading at 2.10 after going XD a few days ago, seem not bad . But will RTS link poses further intense competition to draw away traffic sales and affect rental prices especially for those Mall in the North like North Point and Causeway Point.

We will know the answer when RTS link starts operating in early 2027. Pls dyodd. 

Went to Nex for dinner at Shinpachi grilled fish restaurant, #B1-80A. 

The grilled fish is nice. 

 FCT delivers record DPU of 12.35 cents since listing

 FY26 Distribution per Unit (“DPU”) of 12.35 cents is at a new high 

 Proactive capital recycling through the divestment of White Sands at an 8.4% premium to appraised 

value and investment into the Bayshore Drive GLS site – a new growth driver through development and future pipeline

 Robust operating performance with retail portfolio committed occupancy at 99.7% 1; FY26 rental reversion at +6.6%2 ; higher shopper traffic and tenants’ sales, up 1.8%2 and 1.3%2 y-o-y respectively

 Continued focus on enhancement growth through asset enhancement initiatives (“AEIs”) – Hougang Mall completed in September 2026; NEX Phase 1 to complete by end-2026, and Causeway Point AEI to commence in second quarter of 2027

 Portfolio valuation increased by 1.7%3 y-o-y, underpinned by broad-based improvements in assetperformance and AEI uplift.