- Interestingly, DBS management’s guidance was slightly more optimistic compared to that of 4Q25.
- While the Middle East conflict has raised uncertainties, DBS’ credit portfolio remains sound with limited direct exposure while the balance sheet is solid.
- - Read this at SGinvestors.io -
1Q26 results met estimates.
- DBS’ 1Q26 results in line with reported PATMI of S$2.9bn (+1% y-o-y, +24% q-o-q) making up 26-27% of our and consensus FY26F earnings (4Q is typically a softer quarter).
- - Read this at SGinvestors.io -
- As expected, an interim dividend of 66 cents and a capital return dividend of 15 cents were declared (1Q25: interim dividend 60 cents and a capital return dividend of 15 cents). See DBS's dividends payout date.
Results highlights.
- Read more at SGinvestors.io.
Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.
Singapore Research NA RHB Securities Research | https://www.rhbgroup.com/ 2026-05-04
Read also RHB's most recent report:
2026-05-28 DBS - A Core Holding For SG Bank Investors; Stay BUY.
Price targets by 4 other brokers at DBS Target Prices.
Listing of research reports at DBS Analyst Reports.
Relevant links:
DBS Share Price History,
DBS Announcements,
DBS Dividend Payout Dates & Corporate Actions,
DBS News
