SGX:D05Banks
DBS’s S$8 Billion Capital Return Plan Could Be A Game Changer For DBS Group Holdings (SGX:D05)
In recent months, DBS Group Holdings reported record or near-record profits with double-digit return on equity, underpinned by resilient asset quality and an S$8.00 billion capital-return plan through 2027 that combines dividends and share buybacks.
At the same time, the bank is pushing ahead with regional expansion and digital initiatives under incoming CEO Tan Su Shan, even as regulators scrutinise past system outages and a ransomware incident.
We’ll now examine how DBS’s S$8.00 billion...