DBS Group Holdings Ltd Stock (SGX: D05): Latest News, Analyst Forecasts, and What to Watch as 2026 Rate Headwinds Meet Big Dividends
SINGAPORE (Dec. 15, 2025) — DBS Group Holdings Ltd (SGX: D05), Southeast Asia’s largest lender, is heading into year-end with a familiar investor tug-of-war: heavy, highly visible shareholder returns on one side, and cooling net interest margins as rates drift lower on the other. Shares have been hovering around the mid-S$55 range in mid-December trading, after sprinting to record highs in early November following better-than-expected third-quarter results and a reaffirmed multi-year capital return plan. Investing.com+1 The result is a stock that’s behaving like a classic “quality compounder with a coupon”: not wildly volatile day-to-day, but constantly repriced by the market’s