DBS saw its 3Q19 earnings jump 15% y-o-y to $1.63 billion, as total income for the quarter grew 13% to a new high of $3.82 billion on the back of loan growth, record fee income and higher trading gains.
SINGAPORE (Nov 12): Analysts are divided on DBS Group Holdings.
On the one hand, the bank – Southeast Asia’s largest – clocked a “solid” quarter in 3Q19, soundly beating analysts’ estimates. But, on the other hand, some market watchers warn DBS could face headwinds from margin weakness and uncertainties in Hong Kong.
