DBS Group Holdings Ltd

D05: XSES (SGP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SGD 32.00	Mbxnqvx	Wmmnpgmkdv

DBS Earnings Growth Will Slow but ROE Is Healthy and Shares Are Attractive

Lorraine Tan

Feb 7, 2024

Business Strategy and Outlook

DBS Group is the largest bank in Singapore and operates in Hong Kong, Greater China, Southeast Asia, and India. Besides being Singapore's largest bank, it has also delivered the highest average return on equity in recent years and we view the group as a top-class operator among Asian banks.

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