DBS missed expectations but boosted its full-year dividend to 58 cents from 56 cents a year earlier. It said in presentation notes that its outlook is positive and it also sees a strong performance from capital markets.
(Read more: Shine coming off Southeast Asian banks)
OCBC's quarterly profit came in ahead of the market consensus.
"Looking ahead, our overall outlook remains optimistic, given the positive macroeconomic environment and the underlying growth prospects in our key markets," OCBC CEO Samuel Tsien said in a statement.
The positive outlook comes despite concerns that government and central bank curbs on property transactions and lending are set to slow growth in mortgages as well as lending to property firms, which account for about a third of bank loans in Singapore.