Singapore Bank Stocks Hit Record Highs on Dec 16, 2025: DBS and OCBC Surge, UOB Lags as Investors Eye Dividends and 2026 Momentum
SINGAPORE — December 16, 2025. Singapore’s bank-heavy equity market delivered a fresh headline on Tuesday: DBS and OCBC both notched new all-time highs, reinforcing a late‑2025 narrative that the “big three” banks remain core holdings for income-focused investors—just as the debate shifts to whether the rally can hold into 2026. The Business Times But the story is bigger than a single day’s price action. What’s driving the sector now is a powerful mix of capital return expectations, structural wealth inflows, a loan-growth rebound, and a new China-linked payments milestone for DBS—while UOB’s asset-quality and provisioning profile continues to keep it