DBS appoints Eugene Huang from Ping An as new CIO
The Edge • 6 days ago
D05.SI : Singapore Exchange
35.370
-0.08%
Share Price in SGD. As of 17:04:10 SGT
DBS Group Holdings Ltd announced distribution per share (DPS) of S$0.54
02 May 2024 • Upcoming dividend
DBS Group Holdings Ltd (D05.SI) Share Price
Chart
Key stats
- 52-Week HighSGD 36.000
- 52-Week LowSGD 27.545
- Market CapSGD 101B
- Avg Volume4.7M
- P/E Ratio (TTM)8.80
- Forward Dividend Yield6.10%
Earnings Highlights
1st Quarter 2024 Results Summary
Revenue: SGD 5.56B
Increased 13% Year-on-Year
Total income grew 13% to a new high of SGD 5.56 billion as net interest margin was stable at 2.14%, fee income crossed SGD 1 billion for the first time and treasury customer sales reached a record.
Net Profit: SGD 3B
Increased 15% Year-on-Year
Net profit for first-quarter 2024 rose 15% from a year ago to a record SGD 2.95 billion.
Return on Equity (ROE): 19%
Increased 1% Year-on-Year
Return on equity reached 19.4% from 18.6% in 1Q23
Dividend Per Share: SGD 0.54
Increased 42% Year-on-Year
The Board declared a dividend of SGD 54 cents per share for the first quarter over the enlarged post-bonus share base.
Outlook
While geopolitical tensions persist, macroeconomic conditions remain resilient and our franchise is well positioned to capture business opportunities. We are optimistic that total income and earnings will be better than previously guided and we will be able to deliver another year of strong shareholder returns.
Sources: DBS Group Holdings Ltd Financial Report
Consensus Share Price Target
Price Target: $37.774
Sell
Underperform
Neutral
Outperform
Buy
Source: SGX as of 13 May 2024
Share Price Performance
| D05.SI | Market
| |
|---|---|---|
| 1 Day | -0.17% | 0.09% |
| 5 Day | -1.56% | 0.11% |
| 1 Month | 6.74% | 3.64% |
| 6 Month | 21.74% | 6.17% |
| YTD | 16.91% | 2.28% |
| 1 Year | 13.56% | -2.08% |
| 5 Year | 47.32% | 0.09% |
Include dividend return
Beansprout Insights
Latest News
Latest dividend
- Dividend yield (TTM)
- 5.77%
- Last payment
- $0.54
- Last ex-Date
- 09/05/2024
By SGX as of 13 May 2024
See how much dividend you will receive in a year based on your investment amount
Company Description
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named "Worldâs Best Bank" by Euromoney, "Global Bank of the Year" by The Banker and "Best Bank in the World" by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "Worldâs Best Digital Bank" by Euromoney. In addition, DBS has been accorded the âSafest Bank in Asiaâ award by Global Finance for 12 consecutive years from 2009 to 2020.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.