DBS and OCBC are expected to post year-on-year declines in net income, while UOB’s net income growth is forecast to slow to 1.1% in the first quarter of FY2025, according to IG, as reported by The Edge Singapore.

DBS and OCBC are expected to post year-on-year declines in net income, while UOB’s net income growth is forecast to slow to 1.1% in the first quarter of FY2025, according to IG, as reported by The Edge Singapore.

According to a report by IG, DBS and OCBC are expected to report lower net income year-on-year (y-o-y) in the first quarter of fiscal year 2025 (1QFY2025). On the other hand, UOB’s net income is projected to grow, albeit at a slower pace of 1.1% in 1QFY2025. The...