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DBS Group Holdings Ltd (DBSDF)

33.93

+0.53

+(1.59%)

As of May 8 at 12:27:46 PM EDT. Market Open.

DBS cautious about 2025 after Q1 profit beats expectations

SINGAPORE (Reuters) -Singapore lender DBS Group flagged risk from heightened uncertainty and softer non-interest income growth for 2025 after posting on Thursday a 2% drop in first-quarter net profit that beat expectations. Tan Su Shan, who took over as CEO in March, said in a press conference the market now expects three U.S. Fed rate cuts in the second half of this year versus the two forecast earlier. The Fed rates are a key determinant of interest rates charged by Singapore banks, and thus a profit driver for the lenders.

Reuters yesterday

DBSDY
BBVA or DBSDY: Which Is the Better Value Stock Right Now?

BBVA vs. DBSDY: Which Stock Is the Better Value Option?

Zacks 3 days ago

DBSDY
CEO of Singapore's DBS tells businesses to 'buckle up' for tariff uncertainty

The CEO of Singapore's biggest bank, DBS Group, Tan Su Shan, said on Thursday that businesses have to brace for heightened volatility and uncertainty triggered by U.S. President Donald Trump's tariffs, and transform how they operate. Tan took over as CEO of DBS - also Southeast Asia's biggest bank by assets - in March this year, and while the bank posted record annual revenue and profit last year, she faces near-term challenges of global economic and market volatility.

Reuters 22 days ago

DBSDY
Ransomware attack on vendor exposes DBS, BOC Singapore customer data

DBS disclosed that the ransomware attack may have affected customer statements and letters of about 8,200 customers.

Retail Banker International 30 days ago

DBSDY

BACHF
Singapore's DBS, BoC customer data at risk after ransomware attack on vendor

DBS said on Monday customer statements of around 8,200 clients were at risk, but their systems were not compromised and customer deposits and monies remain safe. Bank of China revealed that around 3,000 customers whose paper letters were printed and distributed by Toppan have been affected.

Reuters last month

DBSDY
MFG or DBSDY: Which Is the Better Value Stock Right Now?

MFG vs. DBSDY: Which Stock Is the Better Value Option?

Zacks last month

DBSDY
DBS frontrunner in race to acquire stake in Indonesia’s Panin Bank

The sale reportedly includes stakes owned by Australia's ANZ and the founding Gunawan family.

Retail Banker International last month

DBSDY

PNBN.JK
DBS leading race to buy controlling stake in Indonesia's Panin Bank, sources say

DBS Group, Southeast Asia's top bank by assets, is the frontrunner to buy a controlling stake in Indonesia's Panin Bank, three people with knowledge of the matter said. The Singapore lender was competing with Malaysia's CIMB Group in the second round of the bidding process, according to one of the people. Roughly 86% of Panin Bank, Indonesia's 12th largest lender, is up for sale.

Reuters last month

PNBN.JK

DBSDY
DBS' new CEO Tan open to 'bolt-on' acquisitions

SINGAPORE (Reuters) -DBS Group's incoming CEO Tan Su Shan is open to "bolt-on" acquisitions, and will focus on boosting the Singaporean lender's high-return businesses such as wealth and transaction banking. Tan, 57 and currently deputy CEO, will become DBS' first female CEO and also the first to be appointed from within the ranks of the bank on March 28. A Singaporean and an Oxford University graduate, Tan will take up the top job against the backdrop of the bank posting record annual revenue and profits, although in the near-term she will have to deal with global economic and market volatility.

Reuters last month

DBSDY
Singapore's DBS raises $2 billion through US dollar bonds, term sheet shows

DBS Group, Southeast Asia's biggest bank, has raised $2 billion through a multi-tranche U.S. dollar senior bond issuance for general business purposes and to finance treasury activities, according to a term sheet seen by Reuters on Friday. The issuance consists of two floating rate notes, raising $1 billion and $500 million with three-year and five-year tenors, respectively, along with a three-year fixed-rate note raising $500 million, offering a coupon rate of 4.403%. Orders for both floating rate notes hit $3 billion each, with the five-year tranche receiving the most demand from 179 accounts.

Reuters last month

DBSDY
Are Finance Stocks Lagging DBS Group (DBSDY) This Year?

Here is how DBS Group Holdings Ltd (DBSDY) and DNB Bank ASA (DNBBY) have performed compared to their sector so far this year.

Zacks last month

DBSDY
The DBS Group Holdings Ltd (SGX:D05) Yearly Results Are Out And Analysts Have Published New Forecasts

DBS Group Holdings Ltd ( SGX:D05 ) last week reported its latest yearly results, which makes it a good time for...

Simply Wall St. last month

DBSDF
+1.59%

DBSDY
DBS Group Holdings (SGX:D05) Is Increasing Its Dividend To SGD0.60

DBS Group Holdings Ltd ( SGX:D05 ) has announced that it will be increasing its dividend from last year's comparable...

Simply Wall St. 2 months ago

DBSDF
+1.59%

DBSDY
CM or DBSDY: Which Is the Better Value Stock Right Now?

CM vs. DBSDY: Which Stock Is the Better Value Option?

Zacks 2 months ago

DBSDY
DBS to trim headcount by 10% amid AI integration

Singaporean lender DBS Group is set to reduce its employee headcount by 10% over the next three years as it incorporates AI more deeply into its business. This move is expected to impact around 4,000 employees. At an event organised by Indian IT industry body Nasscom, DBS CEO Piyush Gupta stated that AI’s uniqueness makes…

Retail Banker International 2 months ago

DBSDY
DBS to trim headcount by 10%

Singaporean lender DBS Group is set to reduce its employee headcount by 10% over the next three years as it incorporates AI more deeply into its business. This move is expected to impact around 4,000 employees. At an event organised by Indian IT industry body Nasscom, DBS CEO Piyush Gupta stated that AI’s uniqueness makes…

Retail Banker International 2 months ago

DBSDY
DBS set to cut 4,000 temporary jobs over 3 years due to AI, CEO says

DBS Group plans to cut 4,000 temporary jobs over the next three years as it expects artificial intelligence (AI) to increasingly take on roles carried out by humans, Chief Executive Officer Piyush Gupta said on Monday. Gupta is among the first major banking chiefs to lay out details of possible job losses due to AI. DBS CEO Piyush Gupta is set to be succeeded by Tan Su Shan on March 28 to lead Southeast Asia's biggest bank.

Reuters 2 months ago

DBSDY
Hong Kong SMEs want funding support amid mounting costs, survey finds

Hong Kong's small and medium-sized enterprises (SMEs) are seeking funding support and easier loan access, as rising costs have landed at the top of their list of worries, according to DBS Bank (Hong Kong). Operational costs had become the top concern for 60 per cent of the city's SMEs, according to the bank's survey of 400 SME representatives last month. A year ago, the top concern was geopolitical uncertainties, cited by 53.3 per cent of respondents. The survey found that more than half of the

South China Morning Post 2 months ago

DBSDY
DBS, HSBC have best-performing mobile banking apps in Asia, according to a new report

Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global study found, though they lag behind some Western counterparts that do a better job of integrating services from partners into their apps. The report was conducted by Sia, a Paris-based international management consulting firm. The study assessed 140 apps in 22 markets with a slate of 95 criteria, including functionality, user experience and feedback, with each receiving a score from 0 to 100. The Post got an e

South China Morning Post 2 months ago

DBSDY
DBS Group Holdings Full Year 2024 Earnings: In Line With Expectations

DBS Group Holdings ( SGX:D05 ) Full Year 2024 Results Key Financial Results Revenue: S$21.7b (up 11% from FY 2023). Net...

Simply Wall St. 2 months ago

DBSDF
+1.59%

DBSDY

Performance Overview

Return	DBSDF	STI Index (^STI)
YTD	+7.17%	+2.34%
1-Year	+35.41%	+18.68%
3-Year	+59.97%	+18.35%

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DBS Group Holdings Ltd (DBSDF)

DBS cautious about 2025 after Q1 profit beats expectations

BBVA or DBSDY: Which Is the Better Value Stock Right Now?

CEO of Singapore's DBS tells businesses to 'buckle up' for tariff uncertainty

Ransomware attack on vendor exposes DBS, BOC Singapore customer data

Singapore's DBS, BoC customer data at risk after ransomware attack on vendor

MFG or DBSDY: Which Is the Better Value Stock Right Now?

DBS frontrunner in race to acquire stake in Indonesia’s Panin Bank

DBS leading race to buy controlling stake in Indonesia's Panin Bank, sources say

DBS' new CEO Tan open to 'bolt-on' acquisitions

Singapore's DBS raises $2 billion through US dollar bonds, term sheet shows

Are Finance Stocks Lagging DBS Group (DBSDY) This Year?

The DBS Group Holdings Ltd (SGX:D05) Yearly Results Are Out And Analysts Have Published New Forecasts

DBS Group Holdings (SGX:D05) Is Increasing Its Dividend To SGD0.60

CM or DBSDY: Which Is the Better Value Stock Right Now?

DBS to trim headcount by 10% amid AI integration

DBS to trim headcount by 10%

DBS set to cut 4,000 temporary jobs over 3 years due to AI, CEO says

Hong Kong SMEs want funding support amid mounting costs, survey finds

DBS, HSBC have best-performing mobile banking apps in Asia, according to a new report

DBS Group Holdings Full Year 2024 Earnings: In Line With Expectations

Performance Overview