SINGAPORE (Nov 7): DBS Group Holdings has garnered four “buys” and a “hold” in this compilation of results reviews.

In 3Q18, DBS reported earnings of $1.41 billion which came slightly below Bloomberg consensus of $1.44 billion, but still up 76% y-o-y and 6% q-o-q.

Net interest income rose 15% y-o-y and 2% q-o-q to $2.27 billion. Net interest margin (NIM) improved from 1.73% in 3Q17 and 1.85% in 2Q18 to 1.86% in 3Q18. Non-interest Income rose 2% y-o-y and 13% q-o-q to $1.10 billion.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook