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DBS Group Holdings Ltd (DBSDY)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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104.71-1.19 (-1.12%)
At close: 03:58PM EDT
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Trade prices are not sourced from all markets
Previous close105.90
Bid104.58 x 40000
Ask104.74 x 40000
Day's range104.51 - 104.96
52-week range82.08 - 110.10
Avg. volume31,311
Market cap74.992B
Beta (5Y monthly)0.77
PE ratio (TTM)8.81
Earnings dateN/A
Forward dividend & yield5.63 (5.33%)
Ex-dividend date10 May 2024
1y target estN/A
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  • Reuters

    Singapore's top bank DBS eyes $370 billion in wealth assets by 2026, top exec says

    DBS Group plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit's head, as the top Singaporean bank bets on robust inflows into the city state. Wealth assets at DBS grew 23% to a record S$365 billion last year, as Singapore benefitted from strong inflows of wealth into Asia due to its relative political stability, low taxes, and policies favourable for setting up family offices and trusts. "I'm still growing ... the market is actually kind of at the cusp of a recovery because rates are peaking so as rates come down, markets pick up," said DBS' Group Executive and Group Head of Consumer Banking Group and Wealth Management Shee Tse Koon.