Skip to Content

DBS Group Holdings Ltd D05

Rating as of

Morningstar’s Analysis

Valuation
Currency in SGD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

DBS Group's Q4 and Fiscal 2020 Results In Line

Michael Wu, CAIA Senior Equity Analyst

Analyst Note

| Michael Wu, CAIA |

DBS Group’s fourth quarter and fiscal 2020 results were within our expectation. Fiscal 2020 net profit declined 26% to SGD 4.72 billion but was slightly ahead of our SGD 4.66 billion forecast.

Read Full Analysis

Company Profile

Business Description

DBS Group is a Singapore-based banking group providing a full range of consumer, small to midsize enterprise, and corporate and institutional banking services. Its footprint is concentrated in Singapore, Hong Kong, and Greater China. The bank's wealth-management business is one of the largest in Asia, with assets under management totaling SGD 264 billion at the end of 2020.

Contact
12 Marina Boulevard, Marina Bay Financial Centre Tower 3
Singapore, 018982, Singapore
T +65 68788888
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 29,000