Singapore Bank DBS Q4 Net Profit Misses Forecasts, Flags Rate Headwinds in 2026-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Singapore Bank DBS Q4 Net Profit Misses Forecasts, Flags Rate Headwinds in 2026

Reuters02-09

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Bigbucksloop
·02-09
Seems muted
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ddxx29
·02-09
Prepared to buy the dip
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Nana30
·02-09
Bad news in the morning... Let's how the market reacts when it opens. If it goes down lot then its a buying opportunity.
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Lormeetay
·02-09
Uh oh
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Return on equity declined to 13.5% from 15.8% a year ago.</p><p>The lender&#39;s wealth segment&#39;s assets under management meanwhile grew 19% in constant-currency terms to a new high of S$488 billion in the fourth quarter.</p><p>In slides accompanying the results, CEO Tan Su Shan said group net interest income in 2026 is expected to be &#34;slightly below 2025 levels&#34;, assuming a Singapore overnight rate average (SORA) of around 1.25%, two Federal Reserve rate cuts and a stronger Singapore dollar.</p><p>Net profit for the year is similarly expected to come in lower than in 2025, Tan added.</p><p>According to the bank&#39;s financial statement, provisions for bad loans jumped 81% to S$415 million in the fourth quarter, mainly due to real-estate exposure, while DBS wrote back S$206 million in general allowances, including amounts previously set aside for that exposure.</p><p>The bank declared an ordinary dividend of S$0.66 per share and a capital return dividend of S$0.15 per share for the fourth quarter.</p><p>DBS is the first Singapore lender to start this earnings season. Smaller peers <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank</a> and <a href=\"https://laohu8.com/S/O39.SI\">Oversea-Chinese Banking Corp</a> are due to announce their results on February 24 and 25, respectively.</p><p>($1 = 1.2707 Singapore dollars)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Net Profit Misses Forecasts, Flags Rate Headwinds in 2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Net Profit Misses Forecasts, Flags Rate Headwinds in 2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-09 07:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, Feb 9 (Reuters) - Singapore&#39;s biggest bank <a href=\"https://laohu8.com/S/D05.SI\">DBS Group</a> on Monday maintained expectation that net profit this year will dip slightly from 2025&#39;s, after posting a 10% drop in fourth-quarter earnings that was weighed down by a lower net interest margin.</p><p>DBS, which is also Southeast Asia&#39;s largest bank by assets, said October-December net profit dropped to S$2.26 billion ($1.78 billion) from S$2.52 billion a year earlier.</p><p>That missed the mean estimate of nearly S$2.55 billion from two analysts, according to LSEG data.</p><p>For the period, overall group net interest margin, a key profitability gauge, stood at 1.93% as compared to 2.15% the previous year, with net interest income impacted by lower domestic rates. Return on equity declined to 13.5% from 15.8% a year ago.</p><p>The lender&#39;s wealth segment&#39;s assets under management meanwhile grew 19% in constant-currency terms to a new high of S$488 billion in the fourth quarter.</p><p>In slides accompanying the results, CEO Tan Su Shan said group net interest income in 2026 is expected to be &#34;slightly below 2025 levels&#34;, assuming a Singapore overnight rate average (SORA) of around 1.25%, two Federal Reserve rate cuts and a stronger Singapore dollar.</p><p>Net profit for the year is similarly expected to come in lower than in 2025, Tan added.</p><p>According to the bank&#39;s financial statement, provisions for bad loans jumped 81% to S$415 million in the fourth quarter, mainly due to real-estate exposure, while DBS wrote back S$206 million in general allowances, including amounts previously set aside for that exposure.</p><p>The bank declared an ordinary dividend of S$0.66 per share and a capital return dividend of S$0.15 per share for the fourth quarter.</p><p>DBS is the first Singapore lender to start this earnings season. Smaller peers <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank</a> and <a href=\"https://laohu8.com/S/O39.SI\">Oversea-Chinese Banking Corp</a> are due to announce their results on February 24 and 25, respectively.</p><p>($1 = 1.2707 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0326948709.USD","symbol_name":"SCHRODER ISF ASIAN TOTAL RETURN \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260208:nPLXB68EF2:1","article_id":"2610503341","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610503341","pubTimestamp":1770592500,"columns":[{"name":"Earnings Express","id":26,"label_key":"express"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"DBS posted fourth-quarter net profit on Monday that was down 10% over the same period a year earlier, mainly due to lower net interest margin.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LU0326948709.USD":"SCHRODER ISF ASIAN TOTAL RETURN \"A\" (USD) ACC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999013478.USD":"利安新加坡股息基金","LU0823397285.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) INC","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU0672654166.SGD":"FTIF - 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Return on equity declined to 13.5% from 15.8% a year ago.The lender's wealth segment's assets under management meanwhile grew 19% in constant-currency terms to a new high of S$488 billion in the fourth quarter.In slides accompanying the results, CEO Tan Su Shan said group net interest income in 2026 is expected to be \"slightly below 2025 levels\", assuming a Singapore overnight rate average (SORA) of around 1.25%, two Federal Reserve rate cuts and a stronger Singapore dollar.Net profit for the year is similarly expected to come in lower than in 2025, Tan added.According to the bank's financial statement, provisions for bad loans jumped 81% to S$415 million in the fourth quarter, mainly due to real-estate exposure, while DBS wrote back S$206 million in general allowances, including amounts previously set aside for that exposure.The bank declared an ordinary dividend of S$0.66 per share and a capital return dividend of S$0.15 per share for the fourth quarter.DBS is the first Singapore lender to start this earnings season. Smaller peers United Overseas Bank and Oversea-Chinese Banking Corp are due to announce their results on February 24 and 25, respectively.($1 = 1.2707 Singapore dollars)","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":true,"code":"91000000","status":"200"},"commentList":[{"id":530790699664376,"gmtCreate":1770609136777,"gmtModify":1770609140757,"author":{"id":"4142379015712412","authorId":"4142379015712412","name":"Bigbucksloop","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"4142379015712412","idStr":"4142379015712412"},"htmlText":"Seems muted&nbsp;","listText":"Seems muted&nbsp;","text":"Seems muted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/530790699664376","repostId":2610503341,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":530730133038072,"gmtCreate":1770594350003,"gmtModify":1770594354022,"author":{"id":"3578181994980809","authorId":"3578181994980809","name":"ddxx29","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3578181994980809","idStr":"3578181994980809"},"htmlText":"Prepared to buy the dip","listText":"Prepared to buy the dip","text":"Prepared to buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/530730133038072","repostId":2610503341,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":530723381694792,"gmtCreate":1770592797419,"gmtModify":1770592801705,"author":{"id":"4117957040918852","authorId":"4117957040918852","name":"Nana30","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"4117957040918852","idStr":"4117957040918852"},"htmlText":"Bad news in the morning... Let's how the market reacts when it opens. If it goes down lot then its a buying opportunity.","listText":"Bad news in the morning... Let's how the market reacts when it opens. If it goes down lot then its a buying opportunity.","text":"Bad news in the morning... Let's how the market reacts when it opens. If it goes down lot then its a buying opportunity.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/530723381694792","repostId":2610503341,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":530722361795928,"gmtCreate":1770592598470,"gmtModify":1770592602375,"author":{"id":"3569614632045343","authorId":"3569614632045343","name":"Lormeetay","avatar":"https://static.tigerbbs.com/d51535d67d4d85d2bba5630a060bc447","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3569614632045343","idStr":"3569614632045343"},"htmlText":"Uh oh","listText":"Uh oh","text":"Uh oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/530722361795928","repostId":2610503341,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":15,"commentSize":4,"repostSize":4,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}