DBS Group Holdings (DBS)

Startups, Entrepreneurs, Digital economy

DBS launches programme to help SMEs and mid-sized corps expand and capture regional business opportunities

The programme aims to engage some 1,000 companies in Singapore and overseas through a series of sessions and workshops.
S’pore-based Terrenus Energy secures $300 mil from five banks to install solar panels atop HDB, gov’t buildings - THE EDGE SINGAPORE

Energy

S’pore-based Terrenus Energy secures $300 mil from five banks to install solar panels atop HDB, gov’t buildings

DBS served as financial adviser and mandated lead arranger for the loan.

Singapore news

DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024

This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.
DBS holds $100 bil market cap for second day; analysts mixed on 1QFY2024 results - THE EDGE SINGAPORE

Broker's Calls

DBS holds $100 bil market cap for second day; analysts mixed on 1QFY2024 results

The analysts' target prices range from $35.90 to $40.70.

Banking & finance

DBS likely to beat $10 bil earnings record for FY2024, says CEO

The bank hit a market cap of $100 billion after its record 1QFY2024 income, earnings and ROE.
DBS, POSB internet banking services down for some, two days after MAS’s suspension was lifted - THE EDGE SINGAPORE

Banking & finance

DBS, POSB internet banking services down for some, two days after MAS’s suspension was lifted

The evening disruption comes just hours after DBS announced yet another record net profit of $2.96 billion for 1QFY2024.
DBS hits milestone $100 billion cap on record 1QFY2024, Fed stance - THE EDGE SINGAPORE

Results

DBS hits milestone $100 billion cap on record 1QFY2024, Fed stance

An interim dividend of 54 cents has been declared.
DBS’s six-month pause on new business ventures ends today, but additional capital requirement to stay - THE EDGE SINGAPORE

Banking & finance

DBS’s six-month pause on new business ventures ends today, but additional capital requirement to stay

MAS imposed the six-month pause last year after a series of disruptions to DBS’s digital banking services.
OCBC lowers DBS's TP while Citi ups TP after bonus issue - THE EDGE SINGAPORE

Broker's Calls

OCBC lowers DBS's TP while Citi ups TP after bonus issue

Analysts at OCBC Investment Research and Citi Research expect improved DPS for DBS in FY2024.
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