Singapore's DBS beats estimates with 15% profit jump

United States News News

Singapore's DBS beats estimates with 15% profit jump
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

DBS Group Holdings Ltd , Southeast Asia's biggest lender, reported on Monda...

FILE PHOTO: A DBS logo on their office building in Singapore, February 22, 2016. REUTERS/Edgar Su

The Singaporean bank’s net profit came in at S$1.63 billion in the three months ended Sept. 30, compared with S$1.41 billion a year earlier and an average estimate of S$1.57 billion from five analysts, according to Refinitiv data. Singapore’s banks face a challenging outlook as interest rates soften and lending moderates after robust growth in recent years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

France's EDF expects six new nuclear reactors to cost 46 billion euros: Le MondeFrance's EDF expects six new nuclear reactors to cost 46 billion euros: Le MondeFrench power utility EDF estimates it would cost at least 46 billion euros ($51 ...
Read more »

Former Jets Player Mark Gastineau Says He Was Raped as a KidFormer Jets Player Mark Gastineau Says He Was Raped as a KidThe ex-Jets superstar opened up about his abuse after beating cancer.
Read more »

Chelsea march on, Tottenham stuck in a rutChelsea march on, Tottenham stuck in a rutChelsea notched a sixth successive Premier League win as they beat Crystal Palac...
Read more »

Vardy and Maddison on target as Leicester sink ArsenalVardy and Maddison on target as Leicester sink ArsenalJamie Vardy and James Maddison struck second-half goals as Leicester City beat a...
Read more »

Chelsea and Leicester march on, Tottenham stuck in a rutChelsea and Leicester march on, Tottenham stuck in a rutChelsea notched a sixth successive Premier League win as they beat Crystal Palac...
Read more »

Golf: Hatton wins six-man playoff under floodlights to lift Turkish Open titleGolf: Hatton wins six-man playoff under floodlights to lift Turkish Open titleEngland's Tyrrell Hatton beat Austria's Matthias Schwab on the fourth ...
Read more »



Render Time: 2025-03-10 17:55:17