Singapore's DBS Q1 core net profit up 10%, beats forecast


SINGAPORE: DBS Group Holdings, Singapore's biggest bank, on Monday posted a 10 percent jump in core first-quarter net profit, above analysts' estimates, as double-digit loan growth boosted net interest income.

DBS said net profit for the January-March period came to S$1.133 billion ($850.54 million), against an average forecast of S$1.027 billion from six analysts polled by Reuters.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Gamuda, Paramount, Jati Tinggi, Muhibbah, Silver Ridge, TSR Capital, Itmax, Globaltec, Prestar, Apex Healthcare, YNHP, Top Glove, Scientex, Hi Mobility
Oil rises as Trump's Venezuela blockade eases crude surplus concerns�
ITMAX bags RM36mil govt contract
Firmer ringgit, steady equity gains in 2026
Bursa ends lower on profit-taking after four-day rally�
MEB sells supply vessel for RM74mil
Prestar to acquire land in Selangor for RM17mil
Gamuda’s Australian JV wins RM2.69bil package
TSR Capital bags RM48mil building project
High capital expenditure likely to weigh on Genting

Others Also Read