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DBS Group Holdings (DBS)
Zest
DBS and Xero make it easier for SMEs to access working capital with personalised lending solutions
Over 85% of the SMEs surveyed indicated that ensuring consistent cash flow and managing costs was a key priority: DBS.
May 04, 2022
Broker's Calls
CGS-CIMB maintains 'add' on Singapore banks despite 10% earnings drop
The banks are well-positioned to sustain their dividend policies in FY2022, according to the analysts at CGS-CIMB.
May 04, 2022
Broker's Calls
Maybank stays upbeat on three local banks, sees better 2HFY2022
Maybank Securities’ Thilan Wickramasinghe sees better operational growth ahead for all three banks
May 01, 2022
Results
DBS 1Q net profit down 10% y-o-y, up 30% q-o-q
The quarter's earnings were "second only to the exceptional quarter a year ago" says DBS CEO Piyush Gupta.
April 29, 2022
New appointments
DBS promotes current deputy CEO of DBS China to new country CEO
The appointment will be effective April 1.
March 16, 2022
Broker's Calls
UOB Kay Hian sees 'strong support' for DBS and OCBC at $30 and $11 respectively amid geopolitical uncertainties
The brokerage has kept "buy" on DBS and OCBC with TPs of $35.80 and $15.10 respectively.
March 11, 2022
Broker's Calls
PhillipCapital stays 'overweight' on Singapore banks after rosy results
“We remain positive on banks. Bank dividend yields are attractive with upside surprise due to excess capital ratios.”
March 09, 2022
Russia-Ukraine crisis
DBS, OCBC, UOB halt Russia commodities lending to cut risks
The limits include a halt on issuing so-called letters of credit in US dollars for trades involving Russian commodities.
March 02, 2022
Broker's Calls
Analysts largely positive on DBS’s growth after 4Q results, with estimated TPs of at least $40
As at 2.16pm, shares in DBS are trading 89 cents lower or 2.39% down at $36.31.
February 15, 2022
Results
DBS posts record net profit of $6.81 bil for FY2021, declares dividend of 36 cents for 4QFY2021
The dividend will be payable on or around April 22.
February 14, 2022