DBSDY / Singapore bank DBS Q4 profit up 37%, expects gains from rising interest rates

DBS delivered record-breaking financial results with a 45% increase in net profit and a 19.2% ROE in Q2 2023. The bank's NIM continues to rise, and th more_horizontal

The largest bank in Singapore, DBS Group, offers attractive exposure to rising wealth and economic growth in Asia. Near-term earnings may come under p more_horizontal

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Swedbank AB (SWDBY) and DBS Group Holdings Ltd (DBSDY). more_horizontal

DBS Group Holdings Ltd. has joined global peers in reaping profit from higher interest rates. more_horizontal

Singapore's biggest bank DBS Group reported on Thursday a 48% rise in net profit in the second quarter from a year earlier on the back of stronger tot more_horizontal

DBS Group's strong position, robust capital, and positive long-term growth outlook make it a top-performing bank in Singapore, with a reasonable divid more_horizontal

Investors looking for stocks in the Banks - Foreign sector might want to consider either KBC Group SA (KBCSY) or DBS Group Holdings Ltd (DBSDY). But w more_horizontal

DBS outlined the path to structurally higher mid-term ROEs at its investor day this year. The capital position is also set to move lower, unlocking ca more_horizontal