DBS Maintains 2025 Outlook, Q2 Profit Beats Forecasts with 1% Rise

Singapore bank DBS keeps 2025 outlook, UOB trims expectations after mixed Q2 results

SINGAPORE: Singapore's banks posted mixed second-quarter earnings on Thursday, with DBS Group maintaining its 2025 outlook and United Overseas Bank resuming guidance but trimming expectations amid macroeconomic uncertainties.

DBS maintains 2025 outlook, Q2 profit beats forecasts with 1% rise

SINGAPORE: Singapore's biggest bank DBS Group maintained its 2025 outlook after posting a 1 per cent rise in second-quarter net profit on Thursday (Aug 7) that beat expectations on the back of higher total income. "While external uncertainties remain, we have opportunities ahead of us," Chief Executive Off

Singapore Banks Post Mixed Q2 Earnings Amid Rate Cuts and Tariffs

Singapore’s Banking Trio Navigates Economic Headwinds Singapore’s major banks—DBS Group Holdings Ltd., United Overseas Bank Ltd. (UOB), and Oversea-Chinese Banking Corp. (OCBC)—have released their second-quarter earnings for 2025, revealing a mixed bag of results amid falling interest rates and escalating trade tariffs. DBS, the largest by assets, reported a modest 1% rise in net profit to S$2.82 billion, surpassing analyst expectations and prom…

DBS beats expectations with $2.82b net profit for second quarter, maintains 2025 outlook

DBS, Singapore's largest bank, posted $2.82 billion in net profit for the second quarter of 2025, beating expectations amid heightened global uncertainties and challenging financial conditions. According to financial results posted on Thursday (Aug 7), net profit for the quarter which ended on June 30, was up by one per cent year-on-year, from $2.79 billion for the same period last...

DBS Delivers Stable Profit in Tan Su Shan’s CEO Debut

Profits at DBS were stable in the first three months of Tan Su Shan’s reign as the Singapore lender’s new chief executive officer. DBS’ net profit for the first half of 2025 was flat at S$5.7 billion ($4.4 billion), according to the bank’s financial results. Total income increased 5 percent year-on-year to S$11.6 billion as net interest income, fee income and treasury customer sales reached record levels. Expenses were also up 5 percent to S$4.5…

DBS shares hit all-time record after higher Q2 profit, nearing the S$50 mark

The share price of DBS soared to a record-high in early trade after the group posted marginally higher Q2 earnings before the market opened, nearing the S$50 mark.