June 2026
Proprietary AI analyst is now available
Largest Commercial Banking Public Companies in Singapore
Benchmark revenue and EBITDA valuation multiples for public comps like
DBS Bank, OCBC Bank and United Overseas Bank.
 | DBS Group is a Singapore-based banking group offering a full range of services to consumers, small to midsize enterprises, and corporations and institutions. Its main presence is in Singapore and Greater China. The acquisition of Lakshmi Vilas Bank has strengthened DBS' operations in India, and the acquisition of Citibank’s Taiwan operation should bring additional growth in Greater China. DBS' wealth management division is one of the largest in Asia, with assets under management of SGD 488 billion as of December 2025. | $51 | +45% | $145B | $145B | 8.0x | - | ||
| Oversea-Chinese Banking Corp. is the longest-established Singapore bank, founded by the merger of three local banks in 1932. OCBC's operations include consumer banking, wealth management and private banking (in part through its Bank of Singapore subsidiary), small to medium-size enterprise and business banking, corporate and institutional banking, and insurance through majority-owned Great Eastern Holdings. | $19 | +49% | $86B | $86B | 7.4x | - | ||
| United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services. | $30 | +8% | $50B | $85B | 7.8x | - | ||
| Median | $30 | +45% | $86B | $86B | 7.8x | - |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.