SINGAPORE, Jan 14, 2026, 14:49 SGT — Regular session
- DBS shares slipped 0.5% to S$58.19, following Tuesday’s close of S$58.47
- Bank will release its full-year 2025 results before the market opens on Feb. 9
- CEO Tan Su Shan warned of currency swings and advised investors to hedge their large U.S. dollar positions
Shares of DBS Group Holdings (DBSM.SI) edged down 0.5% to S$58.19 in mid-afternoon trade Wednesday. The bank confirmed it will release its full-year 2025 results before the Singapore market opens on Feb. 9. The stock fluctuated between S$58.03 and S$58.48 during the session. (Shareinvestor)
The exchange notice arrives amid investor efforts to gauge how 2026 will shape bank profits, as interest-rate forecasts keep shifting. For lenders, the key variable remains the spread between loan yields and deposit costs — known in banking as the net interest margin.
DBS CEO Tan Su Shan urged clients to consider the currency angle in their trades. “If you have too much U.S. dollars, think about hedging,” she said this week at a DBS Private Bank outlook event, highlighting low funding costs in some Asian currencies, including Singapore’s SORA benchmark. (Reuters)
The broader market showed weakness. Singapore’s Straits Times Index slipped 0.1% during the session, based on delayed exchange figures. (Shareinvestor)
The other major local banks showed mixed results. OCBC Bank slipped 0.1% to S$20.10, whereas United Overseas Bank climbed 0.5% to S$36.36. (Shareinvestor)
DBS has been active in regional credit markets recently. On Tuesday, digital finance company Atome announced it had renewed and increased its syndicated debt facility to $345 million. DBS came on board as a mandated lead arranger and bookrunner. Andy Tan, Atome’s chief commercial officer, said the move puts the firm in a stronger position to back its “rapidly growing” loan portfolio. (Reuters)
DBS shareholders will zero in on the Feb. 9 figures for signs of loan growth, fee momentum, and any changes in credit costs amid shifting borrowing conditions in the region. Traders, meanwhile, will watch closely for new details on wealth activity, where flows can swing rapidly as currencies fluctuate.
The bank’s currency update carries weight, impacting both client positioning in its wealth division and the appetite for funding in Singapore dollars and other regional currencies. SORA — the Singapore Overnight Rate Average — remains the main benchmark for Singapore dollar interest rates.
But the setup works both ways. A swift rate drop can pinch margins, while a sluggish economy tends to boost bad-loan provisions. Neither impact becomes clear until results day, and the stock leaves almost no room for mistakes.
DBS will release its full-year results before the market opens on Feb. 9, a key moment that could steer investor sentiment on Singapore bank earnings for the coming quarter.
