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DBS Group Holdings
Right Timing
Bull or bear? Goldman’s take on local banks; iFast continues decline
Despite maintaining buy calls on the three local banks Goldman Sachs sounds a bearish tone. Elsewhere, iFAST continues to fall
May 12, 2022
Broker's Calls
Analysts satisfied with DBS 1QFY2022 results, warn of 'hazy' 2H ahead
“Management remains cautious into 2H2022 on uncertainties, a marked change from the optimistic tone in 4QFY2021 results briefing.”
May 05, 2022
Banking & finance
Results wrap: Banks navigate interest rates, inflation, growing headwinds
Rising interest rates boost local banks' net interest income but inflation could dampen customers' prospects
May 04, 2022
Banking & finance
Banks’ results: interest rate trends positive for net interest income, despite impact on HQLA and headwinds
Banks expect positive impact on net interest income from rising rates despite inflationary pressures
April 29, 2022
Results
Almost in sync, all three Singapore banks report y-o-y earnings drop of 10% for 1QFY2022
All three Singapore banks have reported a 10% y-o-y drop for their 1Q earnings
April 29, 2022
Broker's Calls
Singapore banks' potential earnings drag from lower trading income a buying opportunity, says Maybank Singapore
Nevertheless, Wickramasinghe expects the Singapore banks to show resilience in their core business
April 17, 2022
Global Markets
The tragedy of Madam Butterfly
As we cheer our local red dots who venture into Pinkerton shores, the jury remains out in the throes of a corrective bear.
March 16, 2022
Banking & finance
DBS CEO receives big pay hike to $13.58 mil for FY2021 following record year
For FY2021, the bank reported record earnings of $6.8 billion, up 44%.
March 09, 2022
Broker's Calls
PhillipCapital remains overweight on banks ahead of FY2021 results, OCBC 'most attractive'
“Valuations for OCBC are the most attractive and [have the] largest upside surprise from dividends.”
February 09, 2022
M&A
DBS to pay $956 mil in premium to acquire Citi's Taiwan consumer business
The acquisition will help DBS speed up its growth in Taiwan by at least ten years
January 28, 2022