lucasL
02-10 07:26
$DBS Group Holdings(D05.SI)$  


Key Points from DBS Full-Year 2024 Financial Results

i would consider the results as good, not fantastic if compared to Q3 2024. Nonetheless still a good set of results. Expectation

$45 - Ok

$46  - Good

$48 - Very happy



** Financial Performance

Record net profit: SGD 11.4 billion, up 11% year-over-year.

Total income: Grew 10% to SGD 22.3 billion.


** Dividends & Capital Management

Final dividend: 60 cents per share for Q4, up 6 cents from previous payout.

New Capital Return dividend: 15 cents per share per quarter for FY2025, as part of a strategy to reduce excess capital over three years.

Modified in.02-10 07:56
With DBS at an All-Time High, Are OCBC & UOB Next?
DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations. DBS now expects 2025 group net interest income to slightly exceed last year's S$15.04 billion ($11.1 billion), an upgrade from its previous forecast of remaining at 2024 levels. ------------------ DBS Upgrades 2025 Outlook—What Does This Mean for Singapore Banks? Will it hit $50 in Feb.? Are you holding DBS? What's your take-profit target?
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Comments

  • Jessng0607
    02-10 11:40
    Jessng0607
    Meaning to say I have 1000 units then I will receive $600 divided for this quarter
  • lucasL
    02-10 17:42
    lucasL
    Closing is 45.38. Slightly OK only. Not that good a closing. But what the heck, it is still my beloved DBS. DBS FTW!!!
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