Dbs's 2Q Earnings Likely Supported by High Wealth Management Fees

Dow Jones
07/21

0358 GMT - DBS Group's 2Q earnings are likely to be supported by elevated wealth management fees and other non-interest income, CGS International analysts say in a note. After hitting record wealth management fees in 1Q, the Singaporean bank should be able to maintain similar levels in 2Q, they add. The bank could also book favorable markets trading income, given bond yield volatility amid the Middle East crisis during the quarter. CGS International expects DBS's 2Q net profit at 2.90 billion Singapore dollars, up 2.7% on year, but down 1.0% on quarter. The brokerage raises its target price for DBS to S$77.10 from S$69.90, while maintaining an add rating. Shares are 0.1% higher at S$71.99.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

July 20, 2026 23:58 ET (03:58 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10