Singapore's DBS surges to record on higher margins, capital return plans
By Yantoultra Ngui and Roushni Nair SINGAPORE (Reuters) -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,
DBS to reward staff with $1,000 special bonus, plans new quarterly capital return dividend in 2025
Bank reported Q4 profit rose 10 per cent to $2.62 billion, with full-year earnings up 11 per cent to record $11.4 billion. Read more at straitstimes.com.
DBS to give staff S$1,000 special bonus; plans new capital return dividend
SINGAPORE: Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday (Feb 10) as it posted a 10 per cent rise in fourth-quarter net profit,
Singapore’s DBS reports record profits as long-serving chief bows out
Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record profits announced on Monday. DBS reported an 11 per cent increase in 2024 profits to S$11.
DBS Fourth Quarter Net Rose 10%; Plans Increase in Capital Distribution
DBS said it was stepping up its capital distribution to its shareholders and planned to introduce a capital return dividend of 15 Singapore cents per quarter to be paid out over t
Singapore bank DBS fourth-quarter net profit rises 10% on year
DBS Group , Singapore's biggest bank, posted on Monday a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing.
DBS’ 2024 net profit up 11%; plans quarterly capital return dividend
DBS will also set aside S$32m for a one-time bonus of S$1,000 to all staff. DBS Bank Limited hit a record performance in 2024, with net profit rising 11% year-on-year (YoY) to S$11.4b (approximately US$8.
U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net ...
The Edge Singapore3h
DBS makes two new senior leadership appointments as part of bank's succession planning
Derrick Goh will assume the newly created role of Group Chief Operating Officer; and Koh Kar Siong will take over as Group ...
Business Times3h
DBS appoints group audit head Derrick Goh as group COO, a newly created role
SINGAPORE’S largest lender DBS has appointed its current group audit head, Derrick Goh, to assume the newly created role of ...
Mothership.sg1d
DBS to give special S$1,000 bonus to each staff after record 2024 performance
DBS Group announced that it will pay a special one-time bonus of S$1,000 to all staff, except senior managers. A total of ...
The Edge Singapore1d
Maybank and RHB analysts up DBS’s TPs to above $51; other analysts raise TPs on capital returns
Morningstar analyst Michael Makdad has also increased his target price to $47 from $46, implying a P/B multiple of 2 times.
Business Times5h
Retirees should build nest egg of at least S$550,000 for ‘conservative’ needs, but Gen Zs, millennials could fall behind: DBS
BY 2030, a 65-year-old retiree would need a nest egg of at least S$550,000 to meet expenses based on “conservative needs” for ...
DBS upgrades Elite Commercial REIT (MXNU) to a Buy
DBS analyst Tabitha Foo upgraded Elite Commercial REIT (MXNU – Research Report) to a Buy today and set a price target of £0.36. The company’s ...
DBS to reward workers with special bonus
SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and ...
The Edge Singapore2d
DBS’s Tan Su Shan to remain ‘humble and hungry’ as she prioritises high ROE business, connectivity and more
DBS’s 4QFY2024 results briefing marked outgoing CEO Piyush Gupta’s 61st and final session before his retirement in March.