Shares & Derivatives
DBS Shares Jump With Record Profits And Share Buyback Plan
By Wealth Insights  •  November 8, 2024
DBS’s recent earnings report for the first nine months of 2024 has surpassed expectations, showcasing buoyant trading and impressive fee income. Today, we turn our attention to DBS Bank (SGX: D05), a leader in Southeast Asia's banking sector. Recent financial highlights reveal a strong base for growth and capital returns, making a compelling case for continued investment. Let's dive deeper into what makes DBS an attractive option, examining its financial highlights, value proposition, potential risks, and competitor landscape. 🏢 Market cap: $118.6B 🔥 Dividend yield: 5.18% 📒 Price to book: 1.77 💰 Price to earnings: 11.2 💸 Return on Equity: 13.98% 📢 EPS 5Y Growth: 11.9% 🔎 DPU 5Y Growth: 9.11% Financial Highlights DBS’s recent earnings report for the first nine months of 2024 has surpassed expectations, showcasing buoyant trading and impressive fee income. This performance is not just a flash in the pan; the trends suggest a sustained upward trajectory. For instance, the bank's net interest...
Read the full article
By Wealth Insights
We are a tribe of hustlers with different backgrounds coming together to provide financial tips, market insights and trading ideas.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance