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Do record 1Q earnings signal the end of DBS Group's NPL woes?

Michelle Zhu
Michelle Zhu5/3/2017 10:48 AM GMT+08  • 3 min read
Do record 1Q earnings signal the end of DBS Group's NPL woes?
SINGAPORE (May 3): RHB and Maybank Kim Eng Research are reiterating their “neutral” and “hold” calls on DBS Group at price targets of $20.50 and $19.86 respectively, up from the previous $19.35 and $18.13.
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SINGAPORE (May 3): RHB and Maybank Kim Eng Research are reiterating their “neutral” and “hold” calls on DBS Group at price targets of $20.50 and $19.86 respectively, up from the previous $19.35 and $18.13.

This comes after the banking and financial services group on Tuesday posted a 1Q17 net profit of $1.2 billion, up 1% on record fee income.

(See also: DBS 1Q net profit up 1% to record $1.2 bil on fee income)

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