DBS Group Holdings (DBS)

DBS chosen by China's central bank to extend loans for green projects - THE EDGE SINGAPORE

Sustainability

DBS chosen by China's central bank to extend loans for green projects

This lets DBS offer low-cost loans to help accelerate decarbonisation in the world’s second-largest economy.
DBS head 'not concerned' about $1.3 bil Adani exposure, $10 bil profit goal possible in FY2023 - THE EDGE SINGAPORE

Zest

DBS head 'not concerned' about $1.3 bil Adani exposure, $10 bil profit goal possible in FY2023

“The cement companies are solid, cash-generating companies... So, we're not concerned about the exposure.”
DBS posts record net profit of $8.19 bil for FY2022, declares dividend of 42 cents and special dividend of 50 cents - THE EDGE SINGAPORE

Results

DBS posts record net profit of $8.19 bil for FY2022, declares dividend of 42 cents and special dividend of 50 cents

The final dividend and special dividend bring the full-year payout to $2 per share.

Broker's Calls

'Buy' banks ahead of FY2022 results, OCBC profit to exceed estimates: PhillipCapital

For OCBC, PhillipCapital forecasts PATMI of $2.03 billion, above the consensus estimate of $1.64 billion.
Singapore banks have 'ample capital' for higher dividends in FY2022: DBS - THE EDGE SINGAPORE

Broker's Calls

Singapore banks have 'ample capital' for higher dividends in FY2022: DBS

Though OCBC does not typically pay out special dividends, DBS analysts point to ample capacity for higher dividends.
Support for carbon taxes, incentives for green buildings among Budget wishlists - THE EDGE SINGAPORE

Budget 2023

Support for carbon taxes, incentives for green buildings among Budget wishlists

Consultants, corporates and advocates share wishlists for Budget 2023, specific to Singapore’s sustainability agenda.

Disruption and Digitalisation

DBS's digital transformation journey studied by Harvard Business School

The bank’s case is being taught in HBS’s Master of Business Administration (MBA) programme and its executive education courses.

Broker's Calls

Maybank expects high margins, cautious guidance from Singapore banks' 4QFY2022

Investors could look to upside surprises from DBS and UOB for special dividend announcements.
UOB to 'lead the pack' when Singapore banks report 4QFY2022 results in February: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

UOB to 'lead the pack' when Singapore banks report 4QFY2022 results in February: CGS-CIMB

“We expect Singapore banks to report a rather flattish q-o-q set of earnings for 4QFY2022.”
Analysts continue to like local banks but warn of slower growth - THE EDGE SINGAPORE

Zest

Analysts continue to like local banks but warn of slower growth

JP Morgan thinks Singapore bank share prices will fall later in 2023 owing to rising non-performing loans.
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