DBS Group (SGX: D05)
DBS is Singapore’s largest bank by market capitalisation and offers a comprehensive range of banking, insurance, and investment services for individuals and corporations. For the first quarter of 2024 (1Q 2024), the lender reported a sparkling set of earnings with both total income and net profit hitting records. Total income rose 13% year on year to S$5.6 billion on the back of...With the earnings season in full swing, it’s time for investors to scrutinise the results from companies they own or are interested in.
In particular, many investors will be interested in how the blue-chip stocks are doing.
Blue chips are well-known for their track record and reputation and can help to provide a layer of stability for any portfolio.
Many of them also pay out a dividend, thus generating a steady stream of passive income for investors.
We feature four prominent blue-chip stocks that look poised to report better earnings when they release their financial results.