DBS Group Reports 10% Increase in Fourth-Quarter Profit with Strong Outlook

Reported about 16 hours ago

DBS Group, Singapore's largest bank, announced a 10% rise in fourth-quarter net profit to S$2.62 billion, matching forecasts, while also predicting improved net interest income for 2025. The bank is introducing a quarterly capital return dividend plan, reflecting confidence despite ongoing macroeconomic uncertainties. Its net interest margin increased to 2.15%, and the latest dividend is set at 60 cents per share.

Source: YAHOO

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