Singapore's DBS surges to record on higher margins, capital return plans
Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations.
DBS to reward staff with $1,000 special bonus, plans new quarterly capital return dividend in 2025
Bank reported Q4 profit rose 10 per cent to $2.62 billion, with full-year earnings up 11 per cent to record $11.4 billion. Read more at straitstimes.com.
DBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said on Monday (Feb 10). Read more at The Business Times.
DBS to give staff S$1,000 special bonus; plans new capital return dividend
SINGAPORE: Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday (Feb 10) as it posted a 10 per cent rise in fourth-quarter net profit,
DBS to give staff $1,000 special bonus, introduce capital return dividend
DBS Group said on Monday (Feb 10) that it will reward staff a special one-time bonus of $1,000, following the bank's record performance in 2024. It has set aside $32 million for the one-time bonus payout.
Singapore’s DBS reports record profits as long-serving chief bows out
Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record profits announced on Monday. DBS reported an 11 per cent increase in 2024 profits to S$11.
DBS Fourth Quarter Net Rose 10%; Plans Increase in Capital Distribution
DBS said it was stepping up its capital distribution to its shareholders and planned to introduce a capital return dividend of 15 Singapore cents per quarter to be paid out over t
DBS’ 2024 net profit up 11%; plans quarterly capital return dividend
DBS will also set aside S$32m for a one-time bonus of S$1,000 to all staff. DBS Bank Limited hit a record performance in 2024, with net profit rising 11% year-on-year (YoY) to S$11.4b (approximately US$8.
U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net ...
DBS achieves record full-year profit of SGD11.4bn in 2024
DBS Group delivered another record-breaking financial performance in 2024, with net profit rising 11% to SGD11.4bn ($8.4bn) ...
The Edge Singapore4h
DBS’s Tan Su Shan to remain ‘humble and hungry’ as she prioritises high ROE business, connectivity and more
DBS’s 4QFY2024 results briefing marked outgoing CEO Piyush Gupta’s 61st and final session before his retirement in March.
DBS Group targets mid-teens growth in wealth management for 2025 amid strong new money inflows
Wealth management saw net new money of $21B for the year, with $6B added in Q4, driven by disciplined client onboarding and product offerings. Gupta noted that the team has budgeted mid-teens growth ...
Singapore shares rise, with DBS driving gains; STI up 0.4%
On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, ...
The Edge Singapore9h
DBS shares close 1.57% higher after FY2024 results
DBS shares were the most-traded counter by value on Feb 10, with some 8.5 million shares worth $390.4 million changing hands.
DBS, Southeast Asia’s largest bank, is setting aside $23.6 million to reward staff for another ‘record performance’
The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...