DBS Group stock reports 9 percent profit growth in Q2 2026

Published on 10/04/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DBS Group stock posted SGD 3.08 billion in Q2 2026 net income, up 9.0 percent year over year. Jefferies set a SGD 91.00 target on September 22.

DBS Group, SG1L01001701, Illustration mit AI erstellt.

DBS Group stock (ISIN SG1L01001701) last traded at SGD 77.21 on SGX on October 2, 2026 at 5:08 p.m. SGT, down 0.19 percent from the previous close. The bank's second-quarter 2026 net income reached SGD 3.08 billion, up 9.0 percent from the same quarter a year earlier, according to Simply Wall St.

Q2 profit growth sets the tone

Second-quarter revenue came to SGD 5.98 billion in the period ended June 30, 2026, representing growth of 6.8 percent from Q2 2025. Net profit margin rose to 52 percent from 50 percent, giving the earnings update a second measurable improvement beyond the headline profit figure, Simply Wall St reported.

The comparison matters because the latest quarterly figures combine higher revenue with a wider margin. For investors, that combination makes earnings quality more important than the small 0.19 percent daily decline in the October 2 market snapshot.

Analysts see limited average upside

According to Investing.com on September 22, 2026, Jefferies began coverage with a Buy rating and a SGD 91.00 price target. The target lies 17.85 percent above the October 2 price.

The same analyst survey placed the 12-month average target at SGD 78.14, which is 1.20 percent above SGD 77.21. The spread between the average target and Jefferies' target shows how much the valuation view depends on the assumptions used for future growth.

DBS stock stays near its yearly high

DBS Group's October 2 price stood 2.33 percent below its 52-week high of SGD 79.05 and 49.05 percent above its 52-week low of SGD 51.80. Trading volume was 4,524,700 shares, while market capitalization stood at SGD 219.1 billion on the same date.

The next scheduled checkpoint is third-quarter 2026 earnings on November 5, 2026, a date listed by Investing.com. That report will show whether the Q2 combination of 6.8 percent revenue growth and a 52 percent net margin continues into the second half.

October 2 market snapshot

DBS Group stock last traded at SGD 77.21 on SGX on October 2, 2026 at 5:08 p.m. SGT, with a daily change of negative 0.19 percent. The dated market value places the stock close to its 52-week high while the latest reported quarter supplies the stronger fundamental reference point.