Singapore, Feb 4, 2026, 14:49 SGT — Regular session
DBS Group Holdings Ltd shares edged up 0.15% to S$59.14 by 2:39 p.m. in Singapore on Wednesday, nudging higher for a second straight session as investors positioned for the bank’s full-year numbers next week. SG Investors
The stock has traded in a tight range so far, between S$58.91 and S$59.28, and is sitting just under its 52-week high of S$60.00, investing data showed. With the share price near its highs, traders are watching for dividend cues and any change in tone on margins — the spread between what a bank earns on loans and pays on deposits. Investing.com
The backdrop has not been calm. Global markets have been jittery after a selloff in U.S. and European software and data names, with investors debating how quickly new AI tools could disrupt parts of the industry. “The AI trade is splitting between relative winners and losers,” said Ben Bennett, head of investment strategy for Asia at L&G Asset Management. Reuters
DBS will announce its full-year 2025 financial results before the trading market opens on Monday, Feb 9, the bank said in a notice. The financial statements and press release will be available on SGXNet and DBS’ investor website. SGX Links
There has been little new from the company on the filings front. The latest SGXNet item listed on DBS’ announcements feed was dated Jan. 22, according to the SGX aggregation feed tracked by SGinvestors.io. SG Investors
Other Singapore bank stocks were also slightly firmer. OCBC traded around S$21.43, up about 1% over the past 24 hours, while UOB was at about S$38.44, up marginally, TradingView data showed. Both lenders are due to report later in February. TradingView
On valuation, the stock is already above where many analysts say it should trade. MarketScreener shows an average target price of S$57.93 based on 16 analysts, versus a last close of S$59.05. MarketScreener
The risk is straightforward: a strong run leaves little room for disappointment. Lower rates can squeeze net interest income, while any jump in problem loans would force the bank to set aside more provisions and weigh on profit.
For now, the market is treating Monday’s release as the next clear catalyst. Investors will be looking for dividend and capital-return signals, along with management’s read on 2026 fee income and credit costs.
