SINGAPORE EQUITY RESEARCH

SINGAPORE EQUITY RESEARCH

DBS Group Holdings | CapitaLand ICIT | Keppel LtdFebruary 2026 | SGX Blue-Chip Coverage SUMMARY RATINGSCompany Ticker Rating Theme Key MetricDBS Group Holdings SGX: D05 ACCUMULATE Dividend / Quality ROE 16.2%CapitaLand ICIT SGX: C38U BUY Income + Growth DPU...
Singapore Banks: Structural Pivot

Singapore Banks: Structural Pivot

From Net Interest Income to Fee-Based & Wealth Management RevenueUnited Overseas Bank (UOB) | OCBC Ltd | FY2025 AnalysisExecutive Summary Singapore’s two major banking conglomerates — United Overseas Bank (UOB, SGX: U11) and OCBC Ltd (SGX: O39) — have...