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DBSDF DBS GROUP HLDGS LTD
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23.870
+0.344+1.46% Close 11/30 16:00 ET
24.520High23.240Low3.50KVolume
24.520Open23.526Pre Close82.33KTurnover0.00%Turnover Ratio8.37P/E (TTM)61.56BMarket Cap27.53052wk High10.16P/E (Static)2.58BShares21.92052wk Low1.37P/B61.56BFloat Cap28.270Historical High1.23Dividend TTM2.58BShs Float20.720Historical Low5.15%Div YieldTTM5.44%Amplitude23.529Avg Price1Lot Size
Pre-Market
- 5D
- 1D
- 1W
- 1M
- 1Q
- 1Y
About DBS GROUP HLDGS LTD Company
DBS Group Holdings Ltd. is an investment company, which provides retail, small and medium-sized enterprise, corporate, and investment banking services. It operates through the following business segments: Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others. The Consumer Banking/Wealth Management segment provides services including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products. The Institutional Banking segment offers financial services and products to institutional clients. The Treasury Markets segment deals with structuring, market-making, and trading across a broad range of treasury products. The others segment covers activities from corporate decisions and income; and expenses not attributed to the business segments described. The company was founded in 1968 and is headquartered in Singapore.
Revenue Breakdown
Business
Currency:SGD
2022/12/31
Stock NameRevenueRatio
Institutional Banking7.69B46.59%
Consumer Banking/ Wealth Management6.65B40.32%
Treasury Markets1.17B7.11%
Others986M5.98%
News
DBS Group Holdings Goes Ex Dividend Tomorrow
DBS GROUP HLDGS LTD SPONS ADR EACH REP 4 ORD SHS To Go Ex-Dividend On November 15th, 2023 With 1.42285 USD Dividend Per Share
November 8th - $DBS GROUP HLDGS LTD SPONS ADR EACH REP 4 ORD SHS(DBSDY.US)$ is trading ex-dividend on November 15th, 2023. Shareholders of record on November 16th, 2023 will receive 1.42285 USD di
DBS GROUP HLDGS LTD SPONS ADR EACH REP 4 ORD SHS To Go Ex-Dividend On August 11th, 2023 With 1.42984 USD Dividend Per Share
August 4th - $DBS GROUP HLDGS LTD SPONS ADR EACH REP 4 ORD SHS(DBSDY.US)$ is trading ex-dividend on August 11th, 2023. Shareholders of record on August 14th, 2023 will receive 1.42984 USD dividend
Comments
StockTalk(7.11): DBS sells majority stake in AXS to Tower Capital Asia: what's next for payment services in Southeast Asia?
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DBS Bank has agreed to sell a 77.8% stake in payment services provider AXS to private equity firm Tower Capital Asia. While DBS will retain a minorit...
Welcome to StockTalk: Daily, Insightfully, Rewardingly!
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DBS Bank has agreed to sell a 77.8% stake in payment services provider AXS to private equity firm Tower Capital Asia. While DBS will retain a minorit...
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ZnWC : DBS is not the first time to sell stake to focus on core business. Last year Singtel to sell 3.3% stake in Bharti Airtel for S$2.25 billion also received some attention. Although the reason for trimming the stake was different, I'm tempted to make a comparison.
What make DBS selling AXS's share surprising is the bank is no longer the largest shareholder and the timing of the sale. I don't think DBS is going to deposit more fund in MAS after the sales. My speculation is DBS wants to focus on it's core business.
I don't think payment business will be affected by this sales. What's important is what Jeffrey Goh will do to bring positive impact to the company.
Kopikarp : The acquisition of AXS signifies a notable shift in the payments industry, particularly due to the fact that AXS seems to lack an economic moat and has been somewhat tardy in entering the cloud payment arena. Established players like Grab and the interbank system, PayNow, have already captured significant market share, making it challenging for AXS to secure a strong foothold. Additionally, DBS Bank's decision to sell a majority stake in AXS could be interpreted as an acknowledgment that the company may struggle to compete in this increasingly crowded market. Therefore, while the acquisition could potentially transform AXS into a regional cloud-based payment solutions provider, its overall impact on the payments industry may be limited.