DBS Group Holdings Ltd

DBS Group Holdings Ltd. is an investment company, which engages in retail, small and medium-sized enterprise, corporate, and investment banking services. It operates through the following business segments: Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others. The Consumer Banking/Wealth Management segment provides services including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products. The Institutional Banking segment offers financial services and products to institutional clients. The Treasury Markets segment deals with structuring, market-making, and trading across a broad range of treasury products. The others segment covers activities from corporate decisions and income and expenses not attributed to the business segments described. The company was founded in 1968 and is headquartered in Singapore.

Here is how DBS Group Holdings Ltd (DBSDY) and Victory Capital Holdings (VCTR) have performed compared to their sector so far this year.

Is DBS Group (DBSDY) Stock Outpacing Its Finance Peers This Year?

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Singapore banks posted substantial increases in their capital equity Tier 1 ratios as the final Basel III reforms came into effect. The Monetary Authority of Singapore noted that the local banking groups' CET1 capital adequacy ratios rose from 14.0% in the third quarter of 2023.

Singapore Banks' Capital Equity Tier 1 Ratios Climb Due To Basel III Reforms

DBS Group Holdings maintains a strong capital position and plans a SGD 3 billion share buyback, driving near-term share price growth. The bank's CET1 CAR remains well above target, even post-Basel IV regulations, allowing for further potential capital returns without compromising business sustainability. DBS offers an attractive forward dividend yield of 5.5%, with a conservative payout ratio, indicating room for dividend growth alongside profit increases.

DBS Group Holdings: The Prospect Of Increased Capital Returns To Shareholders

Shares of Singapore's DBS Group have been on a strong run since my last piece, including a nice bump after Q3 results. Q3 results were strong, with record net income mapping to a strong return on equity of over 18%. Fee income and asset quality were solid. While the shares have re-rated since my last piece, the current dividend yield plus management's ongoing commitment to raising it at a healthy clip means the stock remains attractively valued.

DBS Group: Management's Dividend Growth Plan Remains Compelling

DBS Group Holdings Ltd (OTCPK:DBSDF) Q3 2024 Earnings Call November 6, 2024 8:30 PM ET Company Participants Benton Jing Hung Yick - Investor Relations Piyush Gupta - Chief Executive Officer Su Shan Tan - Deputy Chief Executive Officer and Group Head, Institutional Banking Sok Hui Lim - Chief Financial Officer Conference Call Participants Harsh Wardhan Modi - JPMorgan Chase Aakash Rawat - UBS Jayden Vantarakis - Macquarie Weldon Sng - HSBC Benton Jing Hung Yick So welcome, everyone. I think you would have had the media briefing.

DBS Group Holdings Ltd (DBSDF) Q3 2024 Earnings Call Transcript

DBS Group , Singapore's biggest bank, posted on Thursday a 15% jump in net profit in the third quarter from a year earlier to a record high of S$3.03 billion ($2.27 billion) driven by total income growth, according to a statement on Thursday.

Singapore bank DBS Group's third-quarter net profit jumps 15% on year to record high

DBS Group (DBSDY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes DBS Group (DBSDY) a New Strong Buy Stock

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DBS Group (DBSDY) Upgraded to Strong Buy: Here's Why

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Singapore's DBS Group has appointed Tan Su Shan, currently its institutional banking group head, as CEO from March, replacing Piyush Gupta, who has led Southeast Asia's biggest bank for 14 years.

Who is Tan Su Shan, Singapore bank DBS's incoming CEO?

DBS Group has performed well with above-market loan growth, solid underwriting quality, and good execution on fee-generating operations like wealth management. Singapore offers modest loan growth prospects today, but mortgage and corporate loan demand could pick up later in the year; India and Indonesia continue to perform well for DBS. Credit performance has exceeded management expectations; Hong Kong CRE remains a risk, but management has stress-tested and reserved against the portfolio.

DBS Group Offers Ongoing Excellence And Ongoing Opportunities

Does DBS Group Holdings Ltd (DBSDY) have what it takes to be a top stock pick for momentum investors? Let's find out.

DBS Group Holdings Ltd (DBSDY) is a Great Momentum Stock: Should You Buy?

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Investors interested in Banks - Foreign stocks are likely familiar with Credicorp (BAP) and DBS Group Holdings Ltd (DBSDY). But which of these two stocks offers value investors a better bang for their buck right now?

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DBS Group (DBSDY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

DBS Group (DBSDY) Upgraded to Strong Buy: Here's What You Should Know

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DBSDY, IP and AGRO made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 28, 2024.

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Here is how DBS Group Holdings Ltd (DBSDY) and Banco Macro (BMA) have performed compared to their sector so far this year.

Is DBS Group (DBSDY) Outperforming Other Finance Stocks This Year?

DBS Group plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit's head, as the top Singaporean bank bets on robust inflows into the city state.

Singapore's top bank DBS eyes $370 bln in wealth assets by 2026, top exec says

Here is how DBS Group Holdings Ltd (DBSDY) and Ellington Credit (EARN) have performed compared to their sector so far this year.

Has DBS Group (DBSDY) Outpaced Other Finance Stocks This Year?

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Investors looking for stocks in the Banks - Foreign sector might want to consider either Bank of Nova Scotia (BNS) or DBS Group Holdings Ltd (DBSDY). But which of these two stocks presents investors with the better value opportunity right now?

BNS vs. DBSDY: Which Stock Is the Better Value Option?

DBS Group Holdings Ltd (OTCPK:DBSDF) Q1 2024 Results Conference Call May 1, 2024 10:30 PM ET Company Participants Edna Koh - Managing Director and Head of Media & Integrated Content Sok Hui Chng - Chief Financial Officer Piyush Gupta - Chief Executive Officer Conference Call Participants Prisca Ang - The Straits Times Edna Koh Okay. Good morning, everyone, and welcome to DBS' First Quarter 2024 Financial Results Briefing.

DBS Group Holdings Ltd (DBSDF) Q1 2024 Earnings Call Transcript

Singapore's biggest bank by assets said its first-quarter net profit rose on higher fee and commission income, and expects to deliver strong shareholder returns this year

DBS Earnings Beat Expectations

DBS Group , Singapore's biggest bank, posted on Thursday a 15% rise in net profit in the first quarter to a record high of S$2.96 billion ($2.18 billion) from a year earlier, driven by strong total income growth.

News for DBS Group Holdings Ltd Stock (DBSDY)