DBS Group Holdings expects lower Q1 net profit and revenue
Updated
Updated · MarketWatch · Apr 27
DBS Group Holdings expects lower Q1 net profit and revenue
11 articles · Updated · MarketWatch · Apr 27
Analysts forecast DBS to report S$2.78 billion net profit and S$5.85 billion revenue for Q1, both down year-on-year.
Shares have retreated from record highs after weak Q4 results, with investor sentiment dampened by lower interest rate expectations and Middle East tensions.
Wealth management may outperform due to Singapore's safe-haven status, while investors watch for updates on guidance and stress tests related to Middle East exposure.
Will safe-haven inflows into wealth management offset DBS's core banking decline?
As the CEO calls cyberattacks 'the new war,' is DBS prepared for AI-driven threats?
Are US banking troubles a warning sign for the stability of Asian financial giants?
How is the Strait of Hormuz crisis specifically stress-testing the resilience of Asian banks?
With Middle East tensions fueling inflation, will central banks' rate policies crush bank margins?