Singapore bank DBS keeps 2025 outlook, UOB trims expectations after mixed Q2 results


Tourists walk in front of the central business district in the city-state. — AP

SINGAPORE: Singapore's banks posted mixed second-quarter earnings on Thursday, with DBS Group maintaining its 2025 outlook and United Overseas Bank resuming guidance but trimming expectations amid macroeconomic uncertainties.

DBS, Singapore and Southeast Asia's largest bank by assets, reported a 1% rise in April-June net profit to S$2.82 billion ($2.20 billion), beating a S$2.77 billion mean estimate from three analysts according to LSEG.

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Singapore , DBS , UOB , OCBC , finance , outlook

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