Sample report with made-up figures, used only while the site is being built.
Investment view
DBS remains the strongest of the three Singapore banks on capital and returns. Falling interest rates will squeeze lending margins, but wealth-management fees and a large surplus of capital should keep the dividend growing.
Key points
- Dividend: about 5.7% yield at today's price, paid quarterly.
- Capital: surplus capital allows special dividends or buy-backs.
- Risk: a sharper fall in interest rates than expected would cut profit.
Forecast assumptions
| Item | FY2026E | FY2027E | FY2028E |
|---|---|---|---|
| Net interest margin | 2.05% | 1.95% | 1.92% |
| Loan growth | 4% | 5% | 5% |
| Fee income growth | 9% | 8% | 7% |