DBS Group Holdings (D05.SI) Stock Price

DBS Group Holdings Price

🇸🇬SGX·CLOSED
57.16SGD
Market closed
Today +/-
-0.53 SGD
Today %
-0.92 %
PRO

DBS Group Holdings (D05.SI) — ISIN SG1L01001701. The DBS Group Holdings stock price was 57.16 SGD in 2026. Revenue was 23.77 B SGD. Earnings were 11.47 B SGD. P/E ratio was 14.2. DBS Group Holdings operates in the Finance sector.

DBS Group Holdings stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of DBS Group Holdings over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how DBS Group Holdings stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing DBS Group Holdings's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

DBS Group Holdings Stock Price History
DateDBS Group Holdings Price
2/26/202657.16 SGD
2/25/202657.69 SGD
2/24/202657.86 SGD
2/23/202658.15 SGD
2/20/202657.99 SGD
2/19/202657.62 SGD
2/16/202656.89 SGD
2/13/202657.06 SGD
2/12/202657.78 SGD
2/11/202657.50 SGD
2/10/202657.80 SGD
2/9/202658.19 SGD
2/6/202659.30 SGD
2/5/202659.66 SGD
2/4/202659.15 SGD
2/3/202659.05 SGD

DBS Group Holdings Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
Net Income
Details
Date
Revenue
Net Income
Jan 1, 2006
9.73 B SGD
2.25 B SGD
Jan 1, 2007
11.6 B SGD
2.26 B SGD
Jan 1, 2008
10.22 B SGD
1.91 B SGD
Jan 1, 2009
8.62 B SGD
2.01 B SGD
Jan 1, 2010
8.89 B SGD
1.6 B SGD
Jan 1, 2011
9.86 B SGD
3.01 B SGD
Jan 1, 2012
11.17 B SGD
3.8 B SGD
Jan 1, 2013
11.83 B SGD
3.67 B SGD
Jan 1, 2014
12.78 B SGD
4.01 B SGD
Jan 1, 2015
13.71 B SGD
4.42 B SGD
Jan 1, 2016
14.33 B SGD
4.19 B SGD
Jan 1, 2017
16.03 B SGD
4.3 B SGD
Jan 1, 2018
18.51 B SGD
5.49 B SGD
Jan 1, 2019
22.26 B SGD
6.3 B SGD
Jan 1, 2020
18.88 B SGD
4.61 B SGD

DBS Group Holdings Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 4, 2026, 9:49 PM
 
REVENUE (B SGD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B SGD)
EBIT (B SGD)
EBIT MARGIN (%)
NET INCOME (B SGD)
NET INCOME GROWTH (%)
DIV. (SGD)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
2.93.695.35.745.836.625.955.516.387.299.7311.610.228.628.899.8611.1711.8312.7813.7114.3316.0318.5122.2618.8816.6922.3236.6240.1936.9323.7724.8825.8927.0928.51
27.0043.608.421.5513.46-10.04-7.3615.6514.3833.3419.24-11.90-15.613.1010.8913.325.918.057.254.5311.8615.4520.29-15.18-11.6233.7564.099.75-8.12-35.654.684.084.635.23
560.09441.02307.12283.26278.94245.84273.27294.98255.06222.99167.23140.25159.20188.65182.98165.01145.61137.49127.25118.64113.50101.4787.9073.0786.1597.4872.8844.4140.4744.0468.4465.3862.8260.0457.05
16.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.2716.27
000000000000000000000000009.1800013.6314.1515.7115.970
0.660.430.091.041.360.981.081.011.980.812.252.261.912.011.63.013.83.674.014.424.194.35.496.34.616.78.119.9811.2110.9311.4712.1613.0413.3314.08
-35.05-78.601,029.3531.28-28.4510.35-6.6996.92-59.17178.840.40-15.615.34-20.3487.5826.46-3.459.2110.23-5.182.5827.8214.71-26.8845.3821.0923.0612.30-2.434.945.997.212.235.62
----------0.680.800.800.560.511.021.021.021.051.090.600.631.201.500.841.021.441.802.982.402.641.801.94--
17.65-30.00-8.93100.002.943.81-44.955.0090.4825.00-44.0021.4341.1825.0065.56-19.4610.00-31.827.78
1.121.071.241.571.661.711.981.991.981.992.012.032.022.572.632.672.692.722.742.752.772.82.822.812.82.822.832.842.842.852.852.852.852.852.85
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales DBS Group Holdings generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue DBS Group Holdings retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare DBS Group Holdings's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares DBS Group Holdings has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against DBS Group Holdings's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (B SGD)
RECEIVABLES (M SGD)
OTHER REC. (M SGD)
INVENTORIES (M SGD)
OTHER CURRENT LIAB. (B SGD)
CURRENT ASSETS (B SGD)
TANGIBLE ASSETS (B SGD)
LONG-T. INVEST. (B SGD)
LONG-T. REC. (B SGD)
INTANGIBLE ASSETS (B SGD)
GOODWILL (B SGD)
OTHER NON-CURRENT ASSETS (M SGD)
NON-CURRENT ASSETS (B SGD)
TOTAL ASSETS (B SGD)
LIABILITIES
COMMON STOCK (B SGD)
ADDITIONAL PAID-IN CAPITAL (B SGD)
RETAINED EARNINGS (B SGD)
OTHER EQUITY (B SGD)
UNREAL. GAINS/LOSSES (M SGD)
EQUITY (B SGD)
LIABILITIES (B SGD)
PROVISIONS (B SGD)
OTHER SHORT-TERM LIAB. (B SGD)
SHORT-TERM DEBTS (M SGD)
LONG-TERM DEBT PORTION (B SGD)
SHORT-TERM REC. (B SGD)
LONG-T. LIAB. (B SGD)
DEFERRED TAXES (M SGD)
OTHER LIAB. (B SGD)
LONG-T. LIABILITIES (B SGD)
DEBT (B SGD)
TOTAL CAPITAL (B SGD)
199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
                              
0000000000000000000000000088.91000
000000000000000000000000000000
000000000000000000000000000000
00000000000000000000000000159000
0000000000000000000000000019.45000
00000000000000000000000000108.52000
1.021.041.621.821.792.662.262.021.81.661.481.191.251.030.920.860.950.961.011.091.131.21.423.193.33.223.23.653.63.49
00.391.091.480.560.560.520.550.490.590.60.720.60.670.810.951.241.17110.890.780.840.840.862.172.282.493.073.49
0000000000000000000000000068.13000
0000000000000000005.125.125.125.175.1800000.230.20
000005.217.697.376.935.85.845.845.855.854.84.84.84.8000005.175.325.365.346.086.176.31
0000087125129103512025171144102149912052572993334003563136246278877708440
1.021.432.713.32.358.5110.610.069.328.17.947.787.887.696.646.767.077.137.387.517.477.557.799.5110.1111.3879.8413.2213.8913.29
1.021.432.713.32.358.5110.610.069.328.17.947.787.887.696.646.767.077.137.387.517.477.557.799.5110.1111.38188.3613.2213.8913.29
                              
1.351.241.561.321.311.541.561.561.561.564.044.164.228.448.789.359.659.7710.2810.3910.911.2111.2111.2111.4811.8311.8311.8311.8311.76
1.531.65000.011.962.162.172.212.2700000000000000000000
3.764.18.129.389.1810.0910.5411.212.813.0114.7416.4215.7617.0517.919.621.7924.1226.7229.5732.2634.8536.1738.4140.3444.4248.852.5357.6357.11
0.260.220.130.1700.02-0.02-0.0300000000-0.230.470.540.61.651.492.321.543.11.85-1.37-0.760.370
0000000000000000634-30284962638-33781244-124-2,032-1,304-7500
6.97.29.8110.8810.4913.6114.2414.916.5716.8418.7920.5819.9725.4926.6828.9531.8434.3337.8140.6544.8447.5849.3551.2455.1757.9757.2262.2969.0868.87
1.3100000000004.373.744.324.217.426.146.867.989.1410.110.7113.313.714.1210.7513.1313.5425.390
000000000000000000000000001.21000
0.050.150.190.670.70.270.410.50.630.560.770.880.780.810.880.840.820.940.670.720.660.680.741.140.740.961.061.111.260
603.62685.76366.01571.73407.3939552236335037851138071450160125431626620900000000000
0.1600002.061.91.762.91.414.080.961.360.761.627.958.517.1123.9227.4518.4127.8531.8741.1731.9238.063126.3244.490
2.120.830.561.241.112.732.842.623.882.355.366.596.66.397.3216.4615.7825.1832.7837.3129.1639.2545.9156.0246.7849.7746.440.9671.130
1.51.851.122.823.818.438.89.549.326.46.629.198.367.366.947.7110.7611.5512.7114.6512.441417.4421.2317.0320.6721.9924.5526.0379.55
27.3736.2611.6714.7618.421521201046358137172455440303042503333277820011081561081550
01.152.132.014.439.2815.9915.7719.436.8434.2633.6545.3327.7929.8136.9921.6521.6221.5724.6529.623.221.0121.6438.325.6752.3829.6335.1659.7
1.533.033.274.848.2617.8624.9125.4228.7843.2941.0143.0153.7435.236.7944.7332.4433.2134.3339.3442.0837.2338.5343.0755.4446.4374.4354.2961.35139.25
3.653.873.826.089.3720.5927.7428.0432.6545.6346.3749.660.3441.5944.161.1948.2258.3967.1176.6571.2476.4784.4499.09102.2396.19120.8395.25132.48139.25
10.5511.0613.6316.9619.8734.241.9842.9349.2262.4765.1670.1880.3167.0870.7990.1380.0692.71104.92117.3116.08124.05133.8150.32157.39154.16178.04157.53201.56208.12
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of DBS Group Holdings at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives DBS Group Holdings financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means DBS Group Holdings is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether DBS Group Holdings is strengthening or weakening its financial position.

 
NET INCOME (B SGD)
DEPRECIATION (B SGD)
DEFERRED TAXES (M SGD)
CHANGES IN WORKING CAPITAL (B SGD)
NON-CASH ITEM (B SGD)
PAID INTEREST (M SGD)
PAID TAXES (B SGD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B SGD)
CAPITAL EXPENDITURES (M SGD)
CASH FLOW FROM INVESTING ACTIVITIES (B SGD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (B SGD)
INTEREST INCOME AND EXPENSES (M SGD)
NET DEBT CHANGE (B SGD)
NET CHANGE IN EQUITY (B SGD)
CASH FLOW FROM FINANCING ACTIVITIES (B SGD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (B SGD)
TOTAL DIVIDENDS PAID (M SGD)
NET CHANGE IN CASH FLOW (B SGD)
FREE CASH FLOW (M SGD)
SHARE-BASED COMPENSATION (M SGD)
199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
0.840.520.041.041.671.361.521.442.571.3432.452.142.231.863.294.023.874.194.575.085.186.667.585.377.789.3811.4912.8813
0.050.060.090.120.140.30.450.60.591.280.130.130.150.20.190.190.180.210.220.250.280.30.330.610.650.670.70.750.830.85
000000000000000000000000000000
-0.35-0.675.01-2.9-4.25-2.310.0212.263.46-7.41.432.2-8.092.461.53-5.42-11.53-3.29-1.11-2.693.86-8.43-8.322.7918.67-0.76-7.41-7.131.72-2.84
0-00.08-0.2-0.05-0.09-0.06-0.05-0.05-0.37-0.150.510.370.251.310.320.490.570.770.950.32-0.050.160.320.330.170.220.240.090.02
0000000000000000000108114745676666486924340
0.160.160.08-0.060.30.430.220.270.280.440.30.50.570.320.380.510.590.560.730.730.810.710.890.641.190.71.041.321.441.63
0.54-0.095.22-1.94-2.49-0.741.9414.246.56-5.164.395.25-5.465.094.85-1.68-6.911.293.982.989.44-3.12-1.2911.1924.887.732.775.1715.3411.02
-441-74-99-223-247-184-112-85-100-225-239-196-178-179-176-177-338-227-263-334-321-360-533-586-547-567-669-718-916-525
-0.44-0.11.18-1.370.46-6.56-3-11.59-0.750.510.18-0.12.17-0.080.13-0.140.030.25-0.04-0.33-0.265.25-0.21-0.55-0.42-1.6-0.690.73-1.24-0.71
0-0.031.28-1.150.71-6.37-2.89-11.5-0.650.730.420.12.350.10.310.040.360.480.2200.065.610.330.040.13-1.03-0.031.45-0.33-0.18
000000000000000000000000000000
0.370.1-0.081.4412.910.210.62.9801.932.641.5-1.1-0.71-1.050.370-0.98-0.74-0.96-1.92.51000.740-3.06-0.27-0.25
0.2100.990.12-0.582.180.010.010.040.070.170.12-0.014.22.84-1.660.3-0.71-0.47-0.25-0.060-1.8-0.92-1.25-0.02-0.01-0.02-0.21-0.03
0.530.010.81.540.235.75-0.290.182.45-0.861.121.550.061.560.92-4.39-0.92-1.49-3.12-2.66-1.28-3.47-2.87-4.96-2.37-2.58-3.89-9.19-6.6-11.18
0.04000.130.121.09-0.15-0.07-0.15-0.15-0.15-0.14-0.2-0.24-0.23-0.35-0.210.59-0.2-0.230.77-0.20.86-0.111.29-0.92-0.09-0.1-0.04-2.75
-87-94-114-161-298-434-364-364-423-773-831-1,071-1,232-1,304-986-1,331-1,366-1,376-1,468-1,432-1,037-1,375-4,432-3,931-2,411-2,392-3,789-6,013-6,083-8,151
0.62-0.237.19-1.78-1.8-1.55-1.412.828.23-5.495.716.66-3.286.65.83-6.22-7.9-0.040.90.238.05-1.44-4.475.7122.274.49-2.71-4.17.48-0.97
93.33-160.325,124.94-2,168.07-2,733.85-9271,82414,1536,457-5,3804,1515,055-5,6404,9114,671-1,854-7,2461,0663,7132,6489,116-3,482-1,81910,60024,3347,1642,1004,44814,42510,499
000000000000000000000000000000

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DBS Group Holdings Stock Quarterly Figures

 
REVENUE (B SGD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B SGD)
EBIT (B SGD)
EBIT MARGIN (%)
NET INCOME (B SGD)
NET INCOME GROWTH (%)
DIV. (SGD)
DIV. GROWTH (%)
SHARES (B)
2000 Q22000 Q42001 Q22001 Q42002 Q12002 Q22002 Q32002 Q42003 Q12003 Q22003 Q32003 Q42004 Q12004 Q22004 Q32004 Q42005 Q12005 Q22005 Q32005 Q42006 Q12006 Q22006 Q32006 Q42007 Q12007 Q22007 Q32007 Q42008 Q12008 Q22008 Q32008 Q42009 Q12009 Q22009 Q32009 Q42010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q22013 Q32013 Q42014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q22016 Q32016 Q42017 Q12017 Q22017 Q32017 Q42018 Q12018 Q22018 Q32018 Q42019 Q12019 Q22019 Q32019 Q42020 Q22020 Q42021 Q22021 Q42022 Q22022 Q42023 Q12023 Q22023 Q32023 Q42024 Q22024 Q42025 Q22025 Q42026 Q1e2026 Q2e2026 Q3e2026 Q4e2027 Q1e2027 Q2e2027 Q3e2027 Q4e
2.872.963.033.61.533.044.51.451.371.331.451.371.611.931.466.381.541.761.762.242.174.632.492.612.762.852.872.852.592.492.112.552.322.31.972.012.072.172.232.12.312.252.462.492.762.582.653.042.942.922.792.973.363.083.253.083.633.433.393.353.553.573.613.523.993.743.964.014.414.454.84.835.195.415.484.9610.118.098.68.088.9613.43016.94018.4219.972019.4517.966.026.016.25.996.156.336.56.46
2.962.3019.07-57.4298.3748.01-67.85-5.18-3.429.13-5.4617.7619.93-24.59337.68-75.8714.100.2327.22-3.22113.61-46.194.626.063.110.81-0.66-9.22-3.94-15.4321.33-9.36-0.73-14.272.132.934.782.76-5.929.96-2.479.421.0211.06-6.772.7614.85-3.29-0.71-4.566.5013.28-8.245.38-5.2618.00-5.62-0.99-1.336.120.421.09-2.5513.48-6.225.771.349.921.027.860.467.604.121.26-9.44103.89-19.976.24-5.9510.7949.998.400.19-2.78-7.64-66.51-0.083.08-3.372.762.862.75-0.71
173.23168.26164.47138.13324.45163.56110.50343.72362.49375.34343.95363.82308.94257.61341.5978.05323.39283.43282.78222.29229.67107.52199.80190.98180.07174.63173.23174.39192.09199.96236.44194.87214.99216.58252.64247.37240.32229.35223.18237.23215.73221.20202.15200.12180.20193.28188.10163.77169.34170.56178.71167.80148.13161.43153.19161.70137.03145.19146.64148.61140.04139.45137.94141.55124.74133.00125.75124.08112.88111.74103.60103.1395.8492.0590.90100.3849.2361.5257.9161.5755.5733.2129.3527.0224.9324.8825.5927.7182.7482.8180.3483.1480.9178.6676.5677.10
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0000000000000000000000000000000000000000000000000000000000000000000000000000000002.52.8902.94000003.60000000
0.70.690.620.360.270.530.80.280.270.170.290.290.480.840.351.980.370.470.42-0.460.521.120.550.580.620.560.610.480.60.650.380.280.430.550.560.460.53-0.30.720.650.810.740.760.730.930.810.861.20.950.890.860.971.230.971.010.81.271.121.070.971.21.051.070.861.251.130.81.121.511.331.411.231.651.61.631.422.412.193.712.983.624.492.575.22.634.785.745.475.725.212.922.942.992.682.963.063.092.96
-2.56-9.64-42.00-23.9694.1450.00-64.53-5.67-37.5972.292.1065.0774.48-58.50467.05-81.1526.81-11.42-209.07-213.35116.41-50.765.076.38-9.248.93-22.1326.958.13-41.87-27.4457.4527.481.99-17.7614.90-156.39-340.67-10.2524.54-8.923.67-4.0727.63-13.185.6840.30-20.90-6.63-2.8212.5326.91-21.284.02-20.7358.82-11.98-4.57-9.4724.66-12.641.90-19.4244.26-9.24-29.0339.5335.03-11.715.92-12.7433.90-2.911.62-13.0870.34-9.0469.19-19.6121.1824.23-42.76102.26-49.3781.4720.13-4.794.68-8.90-44.010.791.67-10.4010.533.311.14-4.46
----0.15-0.13-0.15-0.13-0.15-0.16-0.200.100.140.140.150.150.150.150.180.180.180.180.180.180.180.180.130.130.130.13-0.130.13-0.25-0.25-0.25-0.25-0.25-0.25-0.27-0.25-0.27-0.27-0.27-0.27-0.27-0.30-0.55-0.55-0.550.270.270.270.300.160.160.300.330.330.380.380.440.440.540.410.600.600.66-------
-50.0040.007.1420.00-27.78-50.9111.11-46.6787.5010.0015.1515.7922.73-24.0746.3410.00
1.691.621.671.821.791.971.971.981.981.981.991.871.971.971.971.981.911.911.911.891.821.922.012.022.022.022.032.032.032.032.032.042.352.612.622.552.622.512.782.512.692.732.612.642.652.692.722.72.722.722.722.722.722.722.792.592.762.742.742.752.752.762.762.792.792.82.82.812.822.822.822.812.812.812.812.812.82.792.812.832.832.832.852.842.582.842.842.842.842.852.852.852.852.852.852.852.852.85
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales DBS Group Holdings generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue DBS Group Holdings retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare DBS Group Holdings's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares DBS Group Holdings has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against DBS Group Holdings's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

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DBS Group Holdings stock margins

The DBS Group Holdings margin analysis displays the gross margin, EBIT margin, as well as the profit margin of DBS Group Holdings. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for DBS Group Holdings.
  • 3 Years

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Profit margin
Details
Date
Profit margin
Jan 1, 2006
23.16 %
Jan 1, 2007
19.51 %
Jan 1, 2008
18.68 %
Jan 1, 2009
23.32 %
Jan 1, 2010
18.02 %
Jan 1, 2011
30.49 %
Jan 1, 2012
34.02 %
Jan 1, 2013
31.01 %
Jan 1, 2014
31.35 %
Jan 1, 2015
32.22 %
Jan 1, 2016
29.23 %
Jan 1, 2017
26.8 %
Jan 1, 2018
29.67 %
Jan 1, 2019
28.3 %
Jan 1, 2020
24.4 %

DBS Group Holdings Stock Sales Revenue, EBIT, Earnings per Share

The DBS Group Holdings earnings per share therefore indicates how much revenue DBS Group Holdings has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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Sales per Share
Earnings per Share
Details
Date
Sales per Share
Earnings per Share
Jan 1, 2006
4.84 SGD
1.12 SGD
Jan 1, 2007
5.73 SGD
1.12 SGD
Jan 1, 2008
5.06 SGD
0.94 SGD
Jan 1, 2009
3.36 SGD
0.78 SGD
Jan 1, 2010
3.38 SGD
0.61 SGD
Jan 1, 2011
3.69 SGD
1.12 SGD
Jan 1, 2012
4.15 SGD
1.41 SGD
Jan 1, 2013
4.35 SGD
1.35 SGD
Jan 1, 2014
4.67 SGD
1.46 SGD
Jan 1, 2015
4.99 SGD
1.61 SGD
Jan 1, 2016
5.18 SGD
1.51 SGD
Jan 1, 2017
5.72 SGD
1.53 SGD
Jan 1, 2018
6.57 SGD
1.95 SGD
Jan 1, 2019
7.92 SGD
2.24 SGD
Jan 1, 2020
6.75 SGD
1.65 SGD

DBS Group Holdings business model

DBS Group Holdings Ltd is a multinational financial service provider headquartered in Singapore. It was founded in 1968 as the Development Bank of Singapore and has since undergone remarkable development. DBS has over 280 branches in 18 countries, focusing on Asia, Middle East, and Europe. It offers a comprehensive range of banking and financial services including retail banking, wealth and investment management, corporate and investment banking, securities trading, and insurance. DBS also operates a growing digital business, focusing on mobile banking applications, online platforms, and innovative products. Retail banking, wealth management, and corporate banking are the major business areas of DBS. DBS is committed to utilizing the latest technologies to enhance the customer experience and has become a fintech pioneer.

DBS Group Holdings SWOT Analysis

Strengths

DBS Group Holdings Ltd, a leading financial services group in Asia, possesses several strengths that contribute to its success:

  • Strong market position: DBS holds a dominant position in key markets such as Singapore, Hong Kong, and Greater China, which provides a solid foundation for growth.
  • Robust financial performance: The company consistently delivers strong financial results, reflecting its efficient operations and effective risk management.
  • Diversified business portfolio: DBS operates in multiple segments, including consumer banking, institutional banking, wealth management, and treasury services, enabling it to cater to diverse customer needs.
  • Strong digital capabilities: DBS has made significant investments in technology and innovation, allowing it to offer cutting-edge digital solutions and enhance customer experience.

Weaknesses

Despite its strengths, DBS Group Holdings Ltd faces certain weaknesses that could impact its performance:

  • Dependency on Asian markets: DBS is heavily reliant on the Asian markets, making it susceptible to regional economic fluctuations and regulatory changes.
  • Difficulties in expanding globally: While DBS has established a strong presence in Asia, its international expansion efforts have faced challenges, limiting its global reach.
  • Limited product differentiation: The financial services industry is highly competitive, and DBS faces the challenge of differentiating its products and services from those offered by competitors.

Opportunities

DBS Group Holdings Ltd can capitalize on the following opportunities to drive growth:

  • Rising demand for digital banking services: Increased adoption of digital banking and the growing importance of technology present an opportunity for DBS to further develop its digital offerings and attract new customers.
  • Expanding into emerging markets: DBS can leverage its expertise and expand into high-growth emerging markets in Asia, where there is an increasing demand for financial services.
  • Wealth management growth: As wealth accumulates in Asia, there is a growing demand for comprehensive wealth management solutions. DBS can focus on expanding its wealth management business to capture this opportunity.

Threats

DBS Group Holdings Ltd faces certain threats that may hinder its growth prospects:

  • Intense competition: The financial services industry is highly competitive, and DBS faces fierce competition from both traditional and digital banks, which may impact its market share and profitability.
  • Regulatory challenges: Changes in regulations and compliance requirements can pose challenges for DBS, increasing operational costs and limiting its ability to adapt quickly to regulatory changes.
  • Geopolitical and economic uncertainties: Political instability, trade tensions, and economic uncertainties can adversely affect the business environment in Asia, impacting DBS's operations and customer confidence.

DBS Group Holdings Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

DBS Group Holdings historical P/E ratio, EBIT multiple, and P/S ratio

DBS Group Holdings shares outstanding

The number of shares was DBS Group Holdings in 2025 — This indicates how many shares 2.85 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
2.01 B base_Shares
Jan 1, 2007
2.03 B base_Shares
Jan 1, 2008
2.02 B base_Shares
Jan 1, 2009
2.57 B base_Shares
Jan 1, 2010
2.63 B base_Shares
Jan 1, 2011
2.67 B base_Shares
Jan 1, 2012
2.69 B base_Shares
Jan 1, 2013
2.72 B base_Shares
Jan 1, 2014
2.74 B base_Shares
Jan 1, 2015
2.75 B base_Shares
Jan 1, 2016
2.77 B base_Shares
Jan 1, 2017
2.8 B base_Shares
Jan 1, 2018
2.82 B base_Shares
Jan 1, 2019
2.81 B base_Shares
Jan 1, 2020
2.8 B base_Shares

DBS Group Holdings stock splits

In DBS Group Holdings's history, there have been no stock splits.

DBS Group Holdings Dividend History

37 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.66SGDYTD
Apr 8, 20260.66SGD 10.0%1/1
20252.4SGD 19.5%
Apr 7, 20250.6SGD 46.3%1/4
May 16, 20250.6SGD 0.0%2/4
Aug 14, 20250.6SGD 0.0%3/4
Nov 13, 20250.6SGD 0.0%4/4
20242.98SGD 65.6%

DBS Group Holdings dividend history and estimates

In 2025, DBS Group Holdings paid a dividend amounting to 2.4 SGD. Dividend means that DBS Group Holdings distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
0.68 SGD
0 SGD
Jan 1, 2007
0.8 SGD
0 SGD
Jan 1, 2008
0.8 SGD
0 SGD
Jan 1, 2009
0.56 SGD
0 SGD
Invalid Date
0.28 SGD
0.23 SGD
Invalid Date
0.56 SGD
0.46 SGD
Invalid Date
0.56 SGD
0.46 SGD
Invalid Date
0.56 SGD
0.46 SGD
Invalid Date
0.58 SGD
0.47 SGD
Invalid Date
0.6 SGD
0.49 SGD
Jan 1, 2016
0.6 SGD
0 SGD
Jan 1, 2017
0.63 SGD
0 SGD
Jan 1, 2018
1.2 SGD
0 SGD
Jan 1, 2019
1.5 SGD
0 SGD
Invalid Date
0.69 SGD
0.15 SGD

DBS Group Holdings dividend payout ratio

In 2025, DBS Group Holdings had a payout ratio of 42.86%. The payout ratio indicates the percentage of the company's profits that DBS Group Holdings distributes as dividends.
  • 3 Years

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
54.69 %
Jan 1, 2007
64.93 %
Jan 1, 2008
76.55 %
Jan 1, 2009
63.65 %
Jan 1, 2010
41.06 %
Jan 1, 2011
44.65 %
Jan 1, 2012
35.85 %
Jan 1, 2013
37.7 %
Jan 1, 2014
36.11 %
Jan 1, 2015
33.88 %
Jan 1, 2016
36.12 %
Jan 1, 2017
37.43 %
Jan 1, 2018
55.95 %
Jan 1, 2019
60.88 %
Jan 1, 2020
38.01 %

Current DBS Group Holdings forecasts and price targets in March 2026

Δ MOM Price Target
5.60 %
Buy50.00 % (9)
Hold38.89 % (7)
Sell11.11 % (2)
12M Price Target
59.67
Last Price
34.34
Currency
SGD
12M Return Potential
73.76 %
LTM Return
0 %

DBS Group Holdings Earnings Estimates

DBS Group Holdings Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/30/20241.03SGD5.27 BSGD2024 Q1
2/12/20240.96SGD5.09 BSGD2023 Q4
8/2/20231.01SGD5.31 BSGD2023 Q2
4/27/20230.97SGD5.14 BSGD2023 Q1
2/13/20230.9SGD4.65 BSGD2022 Q4
11/3/20220.77SGD4.25 BSGD2022 Q3
8/4/20220.64SGD3.81 BSGD2022 Q2
4/29/20220.64SGD3.67 BSGD2022 Q1
2/14/20220.59SGD3.58 BSGD2021 Q4
11/5/20210.61SGD3.6 BSGD2021 Q3

EESG©

Eulerpool ESG Scorecard© for the DBS Group Holdings stock

73/100
92
Environment
73
Social
54
Governance
E

Environment

20
Scope 1 - Direct Emissions1,300
Scope 2 - Indirect emissions from purchased energy50,889
Scope 3 - Indirect emissions within the value chain56,162
Total CO₂ emissions52,189
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees49
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

DBS Group Holdings shareholders

% Name
28.13570%
Temasek Holdings Pte. Ltd.
Temasek Holdings Pte. Ltd.
2.27755%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.59434%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.31330%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
1.24731%
Capital Research Global Investors
Capital Research Global Investors
0.74563%
Capital World Investors
Capital World Investors
0.70084%
MFS Investment Management
MFS Investment Management
0.68662%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.63028%
JP Morgan Asset Management
JP Morgan Asset Management
0.48954%
Harding Loevner LP
Harding Loevner LP
...

DBS Group Holdings Executives and Management Board

PG

Mr. Piyush Gupta

(65)

Chief Executive Officer, Executive Director · since 2009

Compensation17.58 M SGD
LS

Mr. Lim Huat Seah

(78)

Non-Executive Non-Independent Chairman of the Board

Compensation1.99 M SGD
JL

Ms. Judy Lee

(57)

Non-Executive Independent Director

Compensation466,000 SGD
TL

Mr. Tse Ghow Lim

(60)

Lead Non-Executive Independent Director

Compensation453,000 SGD
ST

Mr. Sai Choy Tham

(65)

Non-Executive Independent Director

Compensation448,500 SGD

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Most common questions regarding DBS Group Holdings

Some of the main competitors of DBS Group Holdings Ltd in the market include United Overseas Bank Limited (UOB), Oversea-Chinese Banking Corporation Limited (OCBC), and Standard Chartered PLC.

All fundamentals about DBS Group Holdings

Our stock analysis for DBS Group Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DBS Group Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.