DBS Group Holdings Ltd
D05: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| C& | LOCK|$l&wF | LOCK|jWyR%#M |
DBS Earnings: Solid Wealth Business Growth Reflects Strong Position but Shares Not Cheap
DBS' third-quarter preprovision operating profit grew 2% year on year, as a robust noninterest income more than offset softer net interest income. This supports a strong return on equity of 17.1%.
