SGX:D05Banks
DBS (SGX:D05) Stock Can Profit Strength Justify A 19.4x P/E
DBS Group Holdings heads into today with its stock at S$76.33 and a strong recent run that left short term traders already positioned for good news. The headline from this earnings release is clear. Profit stayed robust, with Q2 2026 net income at S$3,079m and trailing 12 month earnings at S$11,186m, while the balance sheet carried S$475,238m of loans.
The more important story for long term investors is the tension between that profit engine and a rich 19.4x P/E against regional banks. The...