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DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Personal Banking; Institutional Banking; and Global Financial Markets segments. The Personal Banking segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers. The Institutional Banking segment provides financial services and products comprise short-term working capital financing and specialized lending; cash management, trade finance, and securities and fiduciary services; treasury and markets products; corporate finance and advisory banking services; and capital markets solutions for bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium sized businesses. The Global Financial Markets segment is involved in the structuring, market-making, and trading in various treasury products. DBS Group Holdings Ltd was founded in 1968 and is headquartered in Singapore.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
DBS Group Holdings Ltd is a Singapore-based bank offering retail, corporate and investment banking, wealth management and transaction services across Southeast Asia. Long-term growth may be supported by regional economic expansion, rising wealth, and the company's digital leadership and scale in payments and transaction banking, which could support diversified fee and interest income. Investors may find it attractive for its market-leading franchise and strong capitalization.
Key risks include sensitivity to regional economic and property cycles and credit losses, regulatory and competitive pressure, interest-rate volatility affecting margins, and operational or cybersecurity incidents.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 12533.42M | 12884.00M | 11486.00M | 9382.00M | 7780.00M |
| Minority interest | -1.00M | -1.00M | -1.00M | -1.00M | -2.00M |
| Net income | 10933.00M | 11289.00M | 10062.00M | 8193.00M | 6805.00M |
| Selling general administrative | 6190.45M | - | - | - | - |
| Gross profit | 22900.00M | 22217.00M | 20134.00M | 16494.00M | 14171.00M |
| Reconciled depreciation | 847.00M | 829.00M | 746.00M | 701.00M | 669.00M |
| Ebit | 12533.42M | 12884.00M | 11486.00M | 14367.00M | 7778.00M |
| Ebitda | 13380.42M | 13713.00M | 12232.00M | 15068.00M | 8447.00M |
| Depreciation and amortization | 847.00M | 829.00M | 746.00M | 701.00M | 669.00M |
| Operating income | 12791.23M | 12884.00M | 11486.00M | 14367.00M | 7778.00M |
| Other operating expenses | 23669.00M | 25836.00M | 22868.00M | 7090.00M | 6569.00M |
| Interest expense | 13768.00M | 16503.00M | 14220.00M | 4986.00M | 1745.00M |
| Tax provision | 2065.00M | 1594.00M | 1423.00M | 1188.00M | 973.00M |
| Interest income | 28268.00M | 30927.00M | 27862.00M | 15927.00M | 10185.00M |
| Net interest income | 14500.00M | 14424.00M | 13642.00M | 10941.00M | 8440.00M |
| Income tax expense | 2065.00M | 1594.00M | 1423.00M | 1188.00M | 973.00M |
| Total revenue | 36668.00M | 38720.00M | 34354.00M | 16494.00M | 14171.00M |
| Total operating expenses | 9901.00M | 9333.00M | 8648.00M | 6992.00M | 6569.00M |
| Cost of revenue | 13768.00M | 16503.00M | 14220.00M | - | - |
| Total other income expense net | -257.81M | -2739.00M | -2580.00M | -4985.00M | 2.00M |
| Net income from continuing ops | 10934.00M | 11290.00M | 10063.00M | 8194.00M | 6807.00M |
| Net income applicable to common shares | - | - | - | 8108.00M | 6696.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 897488.00M | 827219.00M | 739301.00M | 743368.00M | 686073.00M |
| Intangible assets | 175.00M | 201.00M | 232.00M | - | - |
| Other current assets | - | -23536.00M | -10794.00M | 19452.00M | 14727.00M |
| Total liab | 828572.00M | 758386.00M | 677054.00M | 686296.00M | 628359.00M |
| Total stockholder equity | 68867.00M | 68786.00M | 62065.00M | 56887.00M | 57526.00M |
| Other current liab | 689318.00M | 634687.00M | 589230.00M | -1564.00M | -651.00M |
| Common stock | 11761.00M | 11826.00M | 11826.00M | 11826.00M | 11826.00M |
| Capital stock | 11761.00M | 11537.00M | 11604.00M | 11495.00M | 11826.00M |
| Retained earnings | - | 53163.00M | 48092.00M | 44347.00M | 40036.00M |
| Other liab | - | - | - | 12578.00M | 11249.00M |
| Good will | 6314.00M | 6171.00M | 6081.00M | - | - |
| Other assets | - | 827219.00M | 434138.00M | 422318.00M | 413426.00M |
| Cash | 149725.00M | 140166.00M | 118877.00M | 114301.00M | 107754.00M |
| Total current liabilities | 689318.00M | 661335.00M | 603875.00M | 1564.00M | 651.00M |
| Current deferred revenue | - | - | 864.00M | - | - |
| Net debt | -70174.00M | -75264.00M | -74048.00M | -67222.00M | -53891.00M |
| Short term debt | - | - | 26316.00M | - | - |
| Short long term debt total | 79551.00M | 64902.00M | 44829.00M | 47079.00M | 53863.00M |
| Other stockholder equity | 57106.00M | 56960.00M | 50239.00M | 45061.00M | 45700.00M |
| Property plant equipment | - | - | - | 2018.00M | 2180.00M |
| Total current assets | 149725.00M | 163702.00M | 129671.00M | 124805.00M | 119256.00M |
| Long term investments | 262852.00M | 217562.00M | 177487.00M | 187667.00M | 144807.00M |
| Net tangible assets | - | - | - | 50366.00M | 51122.00M |
| Short term investments | - | - | -1203.00M | - | - |
| Net receivables | - | 23536.00M | 10794.00M | 10504.00M | 11502.00M |
| Inventory | - | - | -61007.00M | 159.00M | 178.00M |
| Accounts payable | 24961.00M | 25393.00M | 13540.00M | 1564.00M | 651.00M |
| Accumulated other comprehensive income | - | 4086.00M | 2369.00M | - | - |
| Non currrent assets other | 265841.00M | 191141.00M | 157545.00M | 39.00M | -153391.00M |
| Non current assets total | 747763.00M | 663517.00M | 609630.00M | 196245.00M | 153391.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -1243.00M | 727.00M | -694.00M | -1098.00M |
| Change to liabilities | - | - | - | 0.00M | 0.00M |
| Total cashflows from investing activities | -708.00M | -1243.00M | 727.00M | -694.00M | -1601.00M |
| Net borrowings | - | 0.00M | -3057.00M | - | 743.00M |
| Total cash from financing activities | -11180.00M | -6604.00M | -9432.00M | -3886.00M | -2582.00M |
| Change to operating activities | - | - | - | -37496.00M | -32887.00M |
| Net income | 12999.00M | 12884.00M | 11486.00M | 9382.00M | 7780.00M |
| Change in cash | -970.00M | 7477.00M | -4101.00M | -2714.00M | 4488.00M |
| Begin period cash flow | 47352.00M | 39875.00M | 43976.00M | 46690.00M | 42202.00M |
| End period cash flow | 46382.00M | 47352.00M | 39875.00M | 43976.00M | 46690.00M |
| Total cash from operating activities | 11024.00M | 15341.00M | 5409.00M | 2769.00M | 7731.00M |
| Depreciation | 847.00M | 829.00M | 746.00M | 701.00M | 669.00M |
| Other cashflows from investing activities | 131.00M | 256.00M | 83.00M | 86.00M | 42.00M |
| Dividends paid | 8020.72M | 6083.00M | 6013.00M | -3789.00M | -2392.00M |
| Sale purchase of stock | -390.65M | -213.00M | -20.00M | -11.00M | -16.00M |
| Other cashflows from financing activities | -32405.23M | -43.00M | -342.00M | -86.00M | -853.00M |
| Change to netincome | - | - | - | 361.00M | -18.00M |
| Capital expenditures | 516.61M | 916.00M | 718.00M | 669.00M | 567.00M |
| Change in working capital | -306.03M | 2699.00M | -5943.00M | -6486.00M | 275.00M |
| Stock based compensation | 203.00M | 177.00M | 178.00M | 134.00M | 134.00M |
| Other non cash items | -2718.97M | -1248.00M | -1058.00M | -962.00M | 106.00M |
| Free cash flow | 11966.62M | 14425.00M | 4691.00M | 2100.00M | 7164.00M |
Sector: Financial Services Industry: Banks - Regional
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| DBSDY DBS Group Holdings Ltd ADR |
-2.38 1.03% |
228.30 | 20.00 | 17.57 | 7.54 | 3.17 | 13.19 |
| CIHHF China Merchants Bank Co Ltd Class H |
- -% |
6.66 | 7.70 | 7.10 | 0.55 | 0.83 | 3.51 |
| CIHKY China Merchants Bank Co Ltd |
0.91 2.70% |
34.58 | 7.79 | 7.20 | 0.55 | 0.85 | 3.51 |
| UNCFF UniCredit SpA |
- -% |
84.52 | 11.53 | 10.27 | 5.72 | 1.83 | 8.22 |
| IITSF Intesa Sanpaolo S.p.A |
- -% |
6.70 | 12.14 | 10.32 | 5.17 | 1.69 | 7.20 |
DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Personal Banking; Institutional Banking; and Global Financial Markets segments. The Personal Banking segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers. The Institutional Banking segment provides financial services and products comprise short-term working capital financing and specialized lending; cash management, trade finance, and securities and fiduciary services; treasury and markets products; corporate finance and advisory banking services; and capital markets solutions for bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium sized businesses. The Global Financial Markets segment is involved in the structuring, market-making, and trading in various treasury products. DBS Group Holdings Ltd was founded in 1968 and is headquartered in Singapore.
| Name | Title | Year Born |
|---|---|---|
| Mr. Piyush Gupta | CEO & Exec. Director | 1960 |
| Ms. Sok Hui Lim | Chief Financial Officer | 1961 |
| Mr. Hwee Kim Ng | MD, Chief Information Officer and Head of Group Technology & Operations | 1965 |
| Mr. Michael Sia | Head of Investor Relations | NA |
| Mr. Chee Kin Lam | MD and Head of Legal, Compliance & Secretariat | NA |
| Ms. Karen Ngui | MD & Head of Group Strategic Marketing and Communications | NA |
| Ms. Yan Hong Lee | Head of HR | NA |
| Ms. Su Shan Tan | Group Head of Institutional Banking (IBG) | 1968 |
| Mr. Sim Seng Lim | Group Head of Consumer Banking (CBG) & Wealth Management | 1958 |
| Ms. Eng-Kwok Seat Moey | MD & Head of Capital Markets | NA |
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