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DBS Group Holdings (DBS)
Broker's Calls
'Little financial impact' if Great Eastern proceeds with 'bite-sized' acquisition of AmMetLife: Citi
Ahead of DBS and OCBC's earnings on Aug 3 and 4, one Citi Research analyst maintains his “pair trade idea”, favouring OCBC.
August 02, 2023
Broker's Calls
Singapore banks' loan growth, fee income 'largely weak'; DBS urges 'hold’ before 2QFY2023 results
UOB is set to announce its results for 1HFY2023 on July 27, while DBS and OCBC will follow on Aug 3 and Aug 4 respectively.
July 25, 2023
Broker's Calls
CGS-CIMB keeps 'hold' on DBS with 'likely positive' NIM guidance but negative loan growths for 2QFY2023
The bank is also likely to outperform its peers in the same quarter. DBS will release its results on Aug 3.
July 21, 2023
Broker's Calls
Citi lowers Genting Singapore’s earnings forecasts and TP on opex inflation
Citi analysts George Choi and Ryan Cheung have lowered their target price to $1.23 while keeping their "buy" call on the stock.
July 20, 2023
Broker's Calls
Citi 'warming up to OCBC' over DBS ahead of 1HFY2023 results, expects 40 cents DPS
UOB is set to announce its results for 1HFY2023 ended June on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.
July 20, 2023
Broker's Calls
Higher funding costs, lower loan volumes expected at local banks' 2QFY2023 results; Maybank prefers DBS
Maybank's Thilan Wickramsinghe sees potential for higher dividends, albeit only in 4QFY2023.
July 19, 2023
Broker's Calls
Impact of Basel IV on Singapore banks ‘manageable’: Bloomberg
Capital in Singapore banks looks to remain ‘robust’ in second half of the year as well, says Bloomberg Intelligence's Rena Kwok.
July 13, 2023
Broker's Calls
Ahead of 1HFY2023 results, OCBC is UOBKH's top pick among local banks
UOB is set to announce its 1HFY2023 results on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.
July 13, 2023
Zest
DBS divests 77.8% stake in AXS to private equity firm Tower Capital Asia
After the transaction is completed, DBS will retain a minority stake of 9.9% in AXS.
July 11, 2023
Zest
Star banker Piyush Gupta creates a succession dilemma for DBS
In his time as CEO at DBS Group Holdings Ltd., Gupta has built the lender into Singapore’s largest listed company.
July 03, 2023