DBS Group stock reports 9 percent profit growth at EUR 53.62

Published on 09/30/2026 at 14:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DBS Group stock carries a SGD 91.00 12-month target dated September 22, 2026. Q2 net profit reached S$3.1 billion, up 9 percent year over year.

DBS Group, SG1L01001701, Illustration mit AI erstellt.

DBS Group Holdings Ltd (ISIN SG1L01001701) was trading at EUR 53.62 at Lang & Schwarz on September 30, 2026, at 2:30 p.m. CEST, with a minus 0.83 percent change versus the prior close of EUR 54.07 on September 29, 2026. The dated market move follows a profitable second quarter and a fresh analyst target in Singapore dollars.

Second quarter profit rises 9 percent

DBS generated total income of S$6.1 billion in Q2 2026, up 6 percent year over year, while net profit rose 9 percent to S$3.1 billion, according to The Smart Investor on September 25, 2026.

The operating mix shows why the earnings comparison matters. Net fee and commission income climbed 25 percent to S$1.5 billion, and wealth management fees rose 42 percent to S$919 million in Q2 2026. Customer loans increased 8 percent to S$469.4 billion, cushioning a 2 percent decline in net interest income.

Jefferies sets SGD 91.00 target

Investing.com lists Jefferies as initiating coverage with a Buy rating and a SGD 91.00 12-month price target on September 22, 2026. The same overview shows 17 analysts with an average target of SGD 78.14, alongside eight Buy ratings, eight Holds and one Sell.

The counter-factor is margin pressure. DBS reported a net interest margin of 1.87 percent in Q2 2026, down 18 basis points year over year, even as fee income and loan growth lifted the broader result.

Legal risk remains a dated counter-factor

On September 9, 2026, liquidators filed an estimated S$1.298 billion damages claim linked to the 1MDB scandal. Reuters reported that DBS rejected the claim and said it would fight it vigorously. The legal issue adds a separate risk marker to an earnings picture led by fee growth.

DBS Group price stays dated

At Lang & Schwarz, DBS Group was trading at EUR 53.62 on September 30, 2026, at 2:30 p.m. CEST, with a minus 0.83 percent change versus the prior close of EUR 54.07 on September 29, 2026.