The "Alpha" of Singapore banking, $DBS(D05.SI)$, is set to release its full-year 2025 and Q4 results on Monday, Feb 9. With the stock currently hovering near the $60 psychological barrier after a massive 2025 rally, all eyes are on whether this report will provide the momentum for a breakout. Market consensus: Annual Net Profit Projection: S$11.275 Billion (Expected slight dip of 1.2%). Q4 Net Profit Projection: S$2.52 Billion (Expected year-on-year decline of 3.8%). Total Annual Income: S$23.21 Billion (Expected 4.1% year-on-year growth). 🕒 2025 Performance Recap: The Banking Trio's Great Divide Before looking ahead, let’s review how the three local giants diverged in 2025—a key factor driving current market sentiment: DBS surged 28%. Fueled by
DBS Q4 Profit -10%: More Decline On The Way With Record High?
DBS Group shares slipped 1.9% intraday after Q4 net profit fell ~10% YoY to S$2.36B, missing consensus S$2.52B. Net interest margin compressed sharply to 2.34% (vs 2.77%), offsetting strong +13.5% fee income growth. While full-year profit dipped 3.2%, total dividends jumped 38% to S$3.06, supported by capital return payouts through 2027. After a ~60% rally since last April and a recent record high, investors are reassessing rate headwinds versus capital returns. Is this just post-earnings digestion—or the start of a deeper bank rotation?
+ Follow
+14