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Singapore bank DBS posts record quarterly profit
DBS stock jumps on $3b share buyback plan, record $3.03b quarterly profit
The bank sees upside to its 2025 profit as Donald Trump takes office as US president. Read more at straitstimes.com.
Singapore bank DBS posts record quarterly profit, sees 2025 dip from tax changes
Singapore's biggest bank DBS Group posted on Thursday a record net profit in the third quarter, but forecast 2025 net profit to be below 2024 levels because the city-state is introducing a global minimum corporate tax rate.
DBS Group Announces SGD 3 Billion Share Buyback Programme, After Posting Record Net Profit In Q3 2024
Announcing record profits of more than SGD 3 billion in the third quarter of 2024, the DBS Group today also said that it had established an SGD 3 billion share buyback programme. These shares will be bought in the open market and cancelled.
Singapore bank DBS Q3 profit jumps to SG$3.03B
Singapore's biggest bank DBS Group posted on Thursday a record net profit in the third quarter (Q3) but forecast 2025 net profit to be below 2024 levels because the city-state is introducing a global minimum corporate tax rate.
Singapore bank DBS sees upside to 2025 profit with Trump return
DBS Group , Singapore's biggest bank, posted on Thursday a 15% jump in net profit in the third quarter from a year earlier to a record high of S$3.03 billion ($2.27 billion) driven by total income growth,
The Edge Singapore
17h
Citi upgrades DBS to ‘neutral’; keeps UOB’s ‘sell’ call after 3QFY2024 results
“Prior to
today
,
DBS
’s valuation gap over UOB was at multi-year highs [on a ](P/B basis), likely driving a share price ...
1d
DBS Group Holdings: Hold Rating Amid Moderate Growth Expectations and NIM Challenges
Analyst Glenn Thum of Phillip Securities maintained a Hold rating on DBS Group Holdings (DBSDF – Research Report), with a price target of ...
Business Times
2d
Daily Debrief: What Happened Today (Nov 7)
THE cut-off yield on Singapore’s latest six-month Treasury bill rose to 3.04 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Nov 7) showed.
1d
The future of wealth: DBS Treasures leads with AI-powered and predictive banking solutions
DBS embeds customer-centric predictive technology in more financial solutions to empower customers to better manage their ...
1d
DBS Sticks to Their Buy Rating for Galaxy Entertainment Group (GXYEF)
DBS analyst Mavis Hui maintained a Buy rating on Galaxy Entertainment Group (GXYEF – Research Report) today and set a price target of ...
The Asset
5d
DBS launches equities assistant for HK investors
DBS Bank (Hong Kong) has launched DBS EASY, a first-in-market equities assistant designed to empower investors by providing ...
9d
Tutors International Calls for More Than DBS Checks When Tackling Safeguarding in Private Tutoring
Tutors International, provider of premium tutoring services, has today issued a statement about DBS checks in the private ...
Business Times
4d
DBS doubles down on financial wellness to tackle Asia’s ageing needs
ASIAN societies are rapidly ageing: the population of those aged 65 and above across 15 countries in Asia-Pacific will ...
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