SGX:D05Banks
Did Weaker 2025 Profit but Stronger Wealth Fees Just Reset DBS (SGX:D05) Investment Narrative?
DBS Group Holdings recently reported its full-year 2025 results, with net interest income edging up to S$14,500 million while net income eased to S$10,933 million and earnings per share slipped year on year amid narrowing lending margins, higher tax expenses and the absence of prior one-off gains.
Despite the weaker headline profitability and guidance for 2026 net profit to come in slightly below 2025 levels, the bank underscored the resilience of its franchise with a 24% rise in wealth...