DBS Group Holdings Ltd
D05: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| P! | LOCK|G#Qc | LOCK|$vq#g^V |
DBS Earnings: Singaporean Bank Proves Resilient as Tactical Hedging Offsets Rate Pressures
DBS Group reported second-quarter net profit of SGD 2.82 billion, translating to an annualized return on equity of 17.0%. Shares rose 2% following the results, outperforming peers OCBC and UOB, whose shares fell slightly after earnings.
