DBS reported net profit of S$2.27 billion for the fourth quarter ended December, 3 per cent lower than the S$2.34 billion recorded in the year-ago period.
Full-year 2023 net profit rose 26 per cent to $10.3 billion. Read more at straitstimes.com.
DBS's board has also proposed a 1-for-10 bonus issue. The bonus shares will qualify for dividends starting in 1QFY2024 and “will increase the pace of capital ...
DBS Group , Singapore's biggest bank, maintained guidance for net interest income for 2024 at around last year's levels after posting a 2% rise in fourth ...
The Singaporean bank reported fourth quarter net profit of 2.39 billion Singapore dollars, 2% higher from a year ago profit of SG$2.34 billion. DBS cut ...
Takeaways from DBS 4Q results: Increase in ordinary dividend and bonus share issue take the limelight · Broad Overview · Net interest income growth continues to ...
DBS is stepping up its capital distribution to its shareholders because of its strong financial position.
DBS chief Piyush Gupta said the move to hold senior management accountable by cutting their variable pay is "a good element of governance".
Singapore's largest bank is returning more capital to shareholders through a dividend increase and bonus issue.
The bonus shares will qualify for dividends starting the Q1 2024 interim dividend. DBS expects it to “increase the pace of capital returns to shareholders.” DBS ...
Bonus shares will qualify for dividends starting in the first quarter of FY2024 and are expected to accelerate capital returns to shareholders.
RHB on Thursday (Feb 8) upgraded DBS to “buy” from “neutral” following better clarity on the lender's commitment to shareholder returns.