The Business Times·3 min read·medium
DBS Q2 net profit rises 9% to record S$3.08 billion as wealth fees surge
R
Renald Yeo✦AI Summary
DBS Bank reported a record net profit of S$3.08 billion for the second quarter, driven by strong performance in wealth management and fee-generating businesses. Despite lower interest rates, the bank has raised its full-year guidance and expects continued growth through 2026.
The team is ‘firing on all cylinders’ after record profit in the quarter, says CEO Tan Su Shan
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in