DBS Raises Full-Year Outlook as Record Q2 Profit Exceeds Estimates

Banking

6 August 2026 at 6:01 pm

DBS Raises Full-Year Outlook as Record Q2 Profit Exceeds Estimates

HyperFast News

Summary

DBS Group reported a nine percent increase in net profit for the second quarter, driven by a 42% rise in wealth management fees, leading the bank to upgrade its full-year guidance. Shareholders will also receive an increased quarterly dividend.

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