Singapore's DBS surges to record on higher margins, capital return plans

Quick Summary:

SINGAPORE: Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations.

This matches the mean estimate of nearly S$2.63 billion from five analysts, according to LSEG data.

DBS's net interest margin, a key profitability gauge, rose to 2.15% during the quarter from 2.13% a year earlier.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Banking DBS /Business/Business News Profit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 12:54:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 539 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26015732

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Official Website: thestar.com.my

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