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DBS, Singapore
Singapore's DBS surges to record on higher margins, capital return plans
Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations.
Singapore’s DBS reports record profits as long-serving chief bows out
Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record profits announced on Monday.
Singapore's DBS rides market cap surge with 2024 profit up 11%
The Singapore lender on Monday reported a net profit of 2.62 billion Singapore dollars ($1.93 billion) for the October to December period, up 10% from a year earlier, promising to reward investors amid robust earnings figures.
The Independent Singapore News
1h
OCBC analyst raises DBS target price to S$50 after bank’s S$11.4B net profit in FY2024
SINGAPORE: OCBC Investment Research (OIR) analyst Carmen Lee raised her target price for DBS to S$50 after the bank posted an ...
The Edge Singapore
4h
Maybank and RHB analysts up DBS’s TPs to above $51; other analysts raise TPs on capital returns
Morningstar analyst Michael Makdad has also increased his target price to $47 from $46, implying a P/B multiple of 2 times.
8h
DBS to reward workers with special bonus
SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and ...
20h
Singapore shares rise, with DBS driving gains; STI up 0.4%
On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, ...
23h
on MSN
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore's biggest bank: DBS CEO Piyush Gupta
Gupta’s comments come as Southeast Asia’s largest bank by assets posted a solid showing in its full year results, with net ...
The Business Times
10d
DBS signs mandates for Singapore listings with potential valuations of US$1 billion
DBS, South-east Asia’s biggest bank, has several listings lined up for the Singapore market, including some potential ...
4d
Singapore banks to post higher Q4 profit, but Trump tariffs could hurt 2025 growth
Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as U.S.
7d
Singapore's DBS finds seat on table as MNCs start to look away from China
DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest ...
The Edge Singapore
1d
DBS shares rise to record with dividend plan, wealth boost
DBS’ earnings reflect how its robust wealth-management business is helping drive profitability amid tepid lending.
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