Upgraded to a BUY recommendation on DBS Group Holdings Ltd. (OTCPK:DBSDY) as but diversified income streams more than offset weakness in NIMs. DBSDY's wealth management and investment banking fees drive strong non-interest income growth, supporting resilience amid softer interest rates. Dividend policy remains robust with a forward yield of ~5.4%, but current price trades at a 7.3% premium to target valuation.
DBS Group Holdings Ltd (OTCPK:DBSDY) Q3 2025 Earnings Call November 5, 2025 10:45 PM EST Company Participants Fiona Lay Mui Lee Tan Shan - Group CEO & Executive Director Kwee Juan Han - Group Head of Institutional Banking Philip Fernandez - Group Corporate Treasurer Shee Tse Koon Soh Kian Tiong Sok Hui Chng - Chief Financial Officer Conference Call Participants Jayden Vantarakis - Macquarie Research Yong Hong Tan - Citigroup Inc., Research Division Harsh Modi - JPMorgan Chase & Co, Research Division Aakash Rawat - UBS Investment Bank, Research Division Melissa Kuang - Goldman Sachs Group, Inc., Research Division Wee Kuang Tay - CGS International Presentation Fiona Lay Mui Lee Hi, everyone. So welcome to the 3Q results call.
DBS Group Holdings Ltd (OTCPK:DBSDY) Q3 2025 Earnings Call November 5, 2025 9:45 PM EST Company Participants Edna Koh - Executive Director of Group Strategic Marketing & Communications Sok Hui Chng - Chief Financial Officer Tan Shan - Group CEO & Executive Director Shee Tse Koon Conference Call Participants Tan Nai Lun Goola Warden Rthvika Suvarna Presentation Edna Koh Executive Director of Group Strategic Marketing & Communications Okay. Good morning, everyone, and welcome to DBS' third quarter financial results briefing.
| Banks Industry | Financials Sector | Ms. Su Shan Tan CEO | OTC PINK Exchange | 23304Y100 CUSIP |
| SG Country | 41,000 Employees | 19 May 2025 Last Dividend | 25 Apr 2024 Last Split | - IPO Date |
DBS Group Holdings Ltd is a leading financial services group offering a broad range of banking and financial services primarily in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and spanning worldwide. Established in 1968 and with its headquarters located in Singapore, the company has grown into a formidable presence in the financial sector, catering to a diverse clientele including individual customers, small and medium sized businesses, large corporates, government-linked companies, and financial institutions. The group operates through various segments such as Consumer Banking/Wealth Management, Institutional Banking, and Treasury Markets, each offering specialized financial solutions tailored to meet the nuanced needs of its varied customer base.
The array of products and services provided by DBS Group Holdings Ltd is meticulously designed to cover a wide spectrum of banking and financial needs of its clients, spanning from individual banking needs to complex institutional financial services.