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DBS Group Holdings
Broker's Calls
CGS-CIMB downgrades Singapore banking sector to "neutral"
Nonetheless, the analysts believe that with banks dishing dividends at yields of between 4 to 5%, the sector is well supported.
December 06, 2022
Company in the news
Hyflux's former CEO, CFO and independent directors charged with offences under SFA and CA
DBS Bank was also probed for its role as issue manager in Hyflux's 2011 fundraising but no further action will be taken
November 17, 2022
Zest
Earnings surge but banks advise caution as peak interest rates approach
DBS and UOB's net profits have surged in 3Q2022 on loan growth and higher NIMs. The out look is optimistic with caveats
November 03, 2022
Zest
DBS becomes first bank to tap on new digital asset trading solution by SGX Group company
The move will enable DBS to provide straight-through trading from RFQ through to trade settlement on a 24/7 basis.
October 29, 2022
Broker's Calls
Analysts remain positive on banks ahead of 3QFY2022 results due to NIM expansions
CGS-CIMB remains “overweight” on the sector while DBS expects the sector to see “higher absolute dividends” for FY2022.
October 21, 2022
Broker's Calls
CLSA lifts all three TPs of Singapore banks on higher-than-expected NIMs
The banking sector is also the only sector in the market to benefit from the rising rates, note the analysts at CLSA.
October 12, 2022
Sustainability
DBS becomes first bank in Southeast Asia to announce landmark set of decarbonisation commitments
The bank has set decarbonisation targets in seven sectors and data coverage targets in two sectors.
September 13, 2022
Zest
Fed buoys earnings of banks; trend to persist in 2H
Double-digit rise in local banks' net interest income offsets lower wealth management income
August 04, 2022
Zest
DBS can challenge a smaller HSBC — with the Fed's help
The relative fortunes of HSBC and DBS may come down to what the global interest-rate cycle does to the two rival financial centres
August 04, 2022
Broker's Calls
CGS-CIMB expects DBS to record net profit of $1.73 bil for 2QFY2022
DBS will be releasing its results for the quarter and the 1HFY2022 on the morning of Aug 4.
July 21, 2022