DBS ups dividend payout to 81 cents per share as Q1 profit comes in better than expected

DBS ups dividend payout to 81 cents per share as Q1 profit comes in better than expected

DBS shares jumped 3.7 per cent to $58.65 as at 9.18am, after hitting $59. Read more at straitstimes.com.

DBS Posts Record Income as First-Quarter Profit Edges Higher

DBS Group reported a modest rise in first-quarter earnings, as strong growth in wealth management and fee-based businesses helped offset pressure from lower interest rates and currency headwinds. Net profit for the three months ended March climbed 1% year-on-year to SGD 2.93 billion, while total income reached a record SGD 5.95 billion. The performance was driven by robust wealth management activity, which lifted fee income and treasury customer…

DBS Group’s net profit inched up 1% year-on-year (YoY) to $2.29b (S$2.93b) in Q1 2026, according to the bank’s latest financial results.

DBS Q1 net profit up 1% at S$2.93 billion on record wealth management fees, beating forecasts

The lender declares a dividend of S$0.81 per share