0219 GMT - iFAST's 2026 earnings are likely to remain robust, driven by its record assets under administration and rising contribution from its bank segment, says DBS Group Research's Lee Keng Ling in commentary. The group's 3Q results were boosted by strength in its wealth and pension businesses, she notes. The Singapore wealth-management platform's key earnings drivers, such as high-quality recurring fee base and rising net-interest income, are likely intact and would sustain earnings momentum, the analyst adds. The group's high nine-month return on equity, strong cash generation and healthy net-cash position indicates it could expand its fund or make strategic investments, she says. DBS maintains its buy rating and S$10.00 target on iFast, which trades 6.0% higher at S$9.78. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
October 26, 2025 22:19 ET (02:19 GMT)
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