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DBSM.SI SGX Banks

DBS Group Holdings Ltd

$60,20
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LatestDBS becomes first Southeast Asian bank named World's Best Corporate Bank
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
4,31 %
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

DBS Group Holdings Ltd is a Singapore-based financial services group that provides a wide range of banking and investment services, including retail banking, commercial banking, and asset management.

Business. DBS Group Holdings Ltd (DBSM.SI) is a bank headquartered in Singapore and primarily listed on the Singapore Exchange. The company operates within the Banking & Investment Services industry, generating revenue primarily through interest income. As specific segment and geographic breakdowns are not provided, the firm is described at the industry level as a financial institution focused on banking activities.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryBanks
Generated · model-assisted
Sell-side consensus
BUY14 analysts
7 buy6 hold1 sell
Avg 12m price target59,55

Analyst recommendations

14 analysts · consensus Buy
Buy7
Hold6
Sell1
12-month price target
59,55
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
14 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

5
  • MARKETSDBS becomes first Southeast Asian bank named World's Best Corporate Bank2026-07-28
  • MARKETSDBS becomes first Southeast Asian bank to win Global Finance corporate award2026-07-22
  • MARKETSDBS becomes first Singapore-listed company to breach $200 billion market value2026-07-13
  • MARKETSDBS breaches S$70 as institutional buying lifts STI to record highs2026-07-09
  • MARKETSSGX to slash board lots for 11 blue chips, lowering entry barriers for retail investors2026-07-02
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to DBSM.SI. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Peers
    • DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
    • EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
    • EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    There are no material changes, watcher signals, or significant cross-source sentiment shifts to report for DBS Group Holdings Ltd (DBSM.SI) based on the provided data. The system indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying specific changes in performance or outlook. The available cross-source signals show minimal activity, with only isolated dispatches recorded on July 2, July 9, and July 13, 2026, amidst a period of otherwise zero daily dispatches. No sentiment data is associated with these sparse events, and no broader trends in news volume or tone are evident from the provided timeframe. Fundamental coverage metrics remain sparse, with the company profile listing only one officer and zero analysts currently tracking the stock. Additionally, there are no recorded index memberships or top holders identified in the current dataset, limiting the ability to assess institutional interest or benchmark alignment. Consequently, no significant developments or shifts in market perception can be synthesized for DBS Group Holdings Ltd at this time. Investors should note that the absence of analyst estimates and financial history in the current view precludes any comparative analysis or forward-looking commentary.

    Signals & dispatch

    peak dispatch · 2026-07-09

    Composite-score breakdown

    Synthesis

    Business

    DBS Group Holdings Ltd (DBSM.SI) is a bank headquartered in Singapore and primarily listed on the Singapore Exchange. The company operates within the Banking & Investment Services industry, generating revenue primarily through interest income. As specific segment and geographic breakdowns are not provided, the firm is described at the industry level as a financial institution focused on banking activities.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryBanks
    AI synthesis
    GENERATED

    DBS Group Holdings Ltd has a fully diluted share count of 2,844,157,830 shares, with no difference between basic and diluted shares outstanding, indicating no dilution from stock options or convertible securities. The company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability metrics for DBS Group Holdings Ltd are not available in the current dataset, and no industry_config preferred metrics are provided for comparison. However, the company operates in a highly competitive banking sector where return on equity (ROE) and net interest margin (NIM) are typically key performance indicators.

    The company's revenue is primarily concentrated in Singapore, with a significant portion of its operations and customer base located in the region. No specific revenue concentration figures are available in the current dataset, but the geographic exposure is expected to be high in Southeast Asia.

    Growth trajectory for DBS Group Holdings Ltd is not quantified in the current dataset, and no numeric deltas for the current or next fiscal year are available. Analysts have provided a mean price target of 59.55 SGD and a median price target of 60.00 SGD, with a mean recommendation of 2.36, indicating a generally positive outlook.

    The company's risk assessment indicates a low dilution risk, with no significant dilution potential from recent equity issuances or convertible instruments. No specific risk factors are detailed in the current dataset, but liquidity risk remains unassessed.

    Recent events and filings for DBS Group Holdings Ltd are not detailed in the current dataset. Analysts have provided a range of price targets, with a high of 68.30 SGD and a low of 50.00 SGD, reflecting a range of expectations for the company's future performance.

    There are no material changes, watcher signals, or significant cross-source sentiment shifts to report for DBS Group Holdings Ltd (DBSM.SI) based on the provided data. The system indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying specific changes in performance or outlook. The available cross-source signals show minimal activity, with only isolated dispatches recorded on July 2, July 9, and July 13, 2026, amidst a period of otherwise zero daily dispatches. No sentiment data is associated with these sparse events, and no broader trends in news volume or tone are evident from the provided timeframe. Fundamental coverage metrics remain sparse, with the company profile listing only one officer and zero analysts currently tracking the stock. Additionally, there are no recorded index memberships or top holders identified in the current dataset, limiting the ability to assess institutional interest or benchmark alignment. Consequently, no significant developments or shifts in market perception can be synthesized for DBS Group Holdings Ltd at this time. Investors should note that the absence of analyst estimates and financial history in the current view precludes any comparative analysis or forward-looking commentary.

    Key takeaways
    • DBS Group Holdings Ltd has no difference between basic and diluted shares outstanding, indicating no dilution from stock options or convertible securities.
    • Analysts have provided a generally positive outlook, with a mean recommendation of 2.36 and a median price target of 60.00 SGD.
    • The company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
    • Revenue is expected to be highly concentrated in Singapore and Southeast Asia, though specific figures are not available in the current dataset.
    • No specific risk factors are detailed in the current dataset, but liquidity risk remains unassessed.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    Revenue demonstrated strong 14.5% CAGR over four years, reaching SGD 14.5 billion in FY2026.

    Net income grew at a 12.6% CAGR, reaching SGD 10.9 billion in FY2026.

    Total assets expanded with a 6.9% CAGR, reaching nearly SGD 897.5 billion in FY2026.

    Dilution risk is assessed as low, suggesting stable shareholder equity value preservation.

    Analysts maintain a buy recommendation with a median price target of SGD 60.00.

    BEAR CASE · 3

    Long-term debt surged to SGD 70.5 billion in FY2025, up significantly from prior years.

    Revenue growth stalled with only 0.5% year-over-year increase in FY2026.

    Current market price of SGD 60.20 implies minimal upside of -1.1% to consensus targets.

    In focus — financials by report

    Annual
    ANNUALFiled 2026-02-09
    FY 2026 · Full-year highlights

    Revenue SGD 14.50B, +0,5% YoY; Net income −3,1% YoY.

    RevenueSGD 14.50B+0,5 % YoY
    Operating income
    Net incomeSGD 10.93B−3,1 % YoY
    Free cash flowSGD 3.07B−39,0 % YoY
    EPS
    Operating cash flowSGD 11.02B−28,1 % YoY
    Financials
    Income statement
    RevenueSGD 14.50B
    Gross profit
    Operating income
    Net incomeSGD 10.93B
    Margins
    Gross margin
    Operating margin
    Net margin75.4%
    FCF margin21.2%
    Balance sheet
    Total assetsSGD 897.49B
    Total liabilitiesSGD 828.62B
    Total equitySGD 68.87B
    Cash & equivalents
    Long-term debtSGD 80.67B
    Cash flow
    Operating cash flowSGD 11.02B
    CapEx-SGD 525.0M
    Free cash flowSGD 3.07B
    SBC
    Highlights
    • Revenue SGD 14.50B, +0,5% YoY
    • Net income −3,1% YoY
    • Free cash flow −39,0% YoY
    • Net margin 75.4%

    Valuation FY

    Market price
    $60,20
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    3,93
    Predicted surprise
    -0,00
    Beat probability
    45 %
    Analysts
    14
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-01 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate3,93
    Revenueno estimateno estimate23,5B SGD
    Operating incomeno estimateno estimate13,4B SGD
    Full-year consensus mean (period as reported by source) · consensus in SGD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution14 analysts
    Strong buy3
    Buy4
    Hold6
    Sell1
    Strong sell0
    12-month price target$59,55 · Median $60,00
    Low $50,00High $68,30
    Operating income · consensus13,4B SGD
    EPS surprise
    −2,7 %
    reported vs consensus · miss
    Revenue surprise
    −2,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$50,00
    Mean$59,55
    Median$60,00
    High$68,30
    Spot$60,20
    −1.1 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • DBS Group Holdings Ltd Market data — financials · 2026-05-27
    • DBS Group Holdings Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Leadership

    • Carrie TanChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    DBSM.SICanonical
    SGX · USD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,00Full forecast →
    peak dispatch · 2026-07-09
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown
    Relationship graph
    DBSMJPMBACCBanks
    This companyPeerSector

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-04-30 04:04 UTCEARNINGSQuarterly results — Q1 2026
    2026-02-09 04:00 UTCEARNINGSQuarterly results — Q4 2025
    2026-02-09 04:00 UTCEARNINGSAnnual results — FY 2026 Revenue SGD 14.50B · Net SGD 10.93B
    2025-11-06 04:05 UTCEARNINGSQuarterly results — Q3 2025
    2025-08-07 04:00 UTCEARNINGSQuarterly results — Q2 2025
    2025-05-08 04:06 UTCEARNINGSQuarterly results — Q1 2025
    2025-02-10 04:01 UTCEARNINGSQuarterly results — Q4 2024
    2025-02-10 04:01 UTCEARNINGSAnnual results — FY 2025 Revenue SGD 14.42B · Net SGD 11.29B
    2024-11-07 04:07 UTCEARNINGSQuarterly results — Q3 2024
    2024-08-07 09:31 UTCEARNINGSQuarterly results — Q2 2024
    2024-02-07 04:03 UTCEARNINGSAnnual results — FY 2024 Revenue SGD 13.64B · Net SGD 10.06B
    2023-02-13 04:05 UTCEARNINGSAnnual results — FY 2023 Revenue SGD 10.94B · Net SGD 8.19B
    2022-02-14 04:01 UTCEARNINGSAnnual results — FY 2022 Revenue SGD 8.44B · Net SGD 6.80B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage