DBS shares close 1.9% lower after Q4 profit falls short of forecasts
The bank&rsquo s net profit for its fourth quarter fell 10% to S$2.26 billion
[SINGAPORE]  Shares of  DBS : D05 -1.87%  dropped as much as 1.9 per cent as at 9.03 am on Monday (Feb 9) after it reported a fall in its quarterly and full-year net profit.
The counter dropped S$1.12 to S$58.18, but later pared some losses to be down 1.1 per cent at S$58.63 as at the midday trading break.
Shares of DBS ended Monday at S$58.19, down 1.9 per cent or S$1.11.
This came after the bank reported that its  fourth-quarter net profit fell  to S$2.26 billion, 10 per cent lower than the net profit of S$2.52 billion for the same period a year earlier.
The earnings missed the S$2.59 billion consensus forecast in a Bloomberg survey of six analysts.
DBS shares had fallen 0.6 per cent to close S$0.36 lower at S$59.30 on Friday. They have climbed more than 5 per cent so far this year, having peaked at S$60 on Jan 29.
Last week, the bank&rsquo s group head of consumer banking said that it is aiming to reach S$100 billion in  consumer cross-border flows  in its core markets by 2030 and aims to double its market share to 20 per cent.
Upcoming Dividend/Distribution Dates
| Type | Dates | Amount |
|---|---|---|
| Dividend | Ex Date: 2026-04-08 Record Date: 2026-04-09 Payout Date: 2026-04-17 |
SGD 0.81 (2 components) Hide details |
|   | Final Dividend For FY Ending 2025-12-31 | SGD 0.66 | Tax Exempted (1-tier) |   |   |
|   | Special Dividend For FY Ending 2025-12-31 | SGD 0.15 | Tax Exempted (1-tier) |
Below 58 still a good buy with XD coming soon
weak support, wait for XD
DBS getting dumped. Not a good sign for Ms Tan! 
There's hardly any conversation there but no harm posting a comment on Uob here also..Of coz I wouldn't mind any of the 3 banks to post good results as I owned some Uob n Ocbc also. But overall I'm happy Dbs are giving good dividends.
ROUTE66 ( Date: 09-Feb-2026 16:12) Posted:
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No, I' m not one of those with high expectation and hence there' s hardly any disappointment on my part.  Well, UOB might just be the " dark horse" but shouldn' t you post it at the UOB sharejunction instead ?  You must be very expectant on the upcoming UOB result announcement on 24 February haha....
Fiat500 ( Date: 09-Feb-2026 14:58) Posted:
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dividend at 81 cents share prices down $1, still a buy?
As usual, high expectations will always end up in disappointment..But @least on the consolation side they've increased their dividends.
Uob could be the dark horse this coming result!
Mark001 ( Date: 09-Feb-2026 14:40) Posted:
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There shouldn' t be any exceptions.
The situation is probably similar for the 3 majaor banks.
The situation is probably similar for the 3 majaor banks.
JurongW ( Date: 09-Feb-2026 14:04) Posted:
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Yes, a relatively quite day here compared to Keppel forum which is bustling with happiiness.
Will be interesting to see how OCBC and UOB will fare when it' s their turn to announce Q4 results on 24 & 25 Feb.
Will be interesting to see how OCBC and UOB will fare when it' s their turn to announce Q4 results on 24 & 25 Feb.
Fiat500 ( Date: 09-Feb-2026 11:32) Posted:
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I think everyone had high expectations of DBS's results today n hoping price would shoot past beyond 60 bucks...
DBS Q4 profit down 10% at S$2.26 billion, falling short of forecasts pays S$0.81 per share in dividends
It will be maintaining its capital return dividend in FY2026 and FY2027, barring unforeseen circumstances
[SINGAPORE] DBS&rsquo net profit for its fourth quarter ended Dec 31, 2025, fell 10 per cent to S$2.26 billion, compared with S$2.52 billion from the year-ago period. 
Excluding the S$100 million set aside for corporate social responsibility (CSR) commitments, net profit would have been S$2.36 billion.
In the quarter, stronger fee income and treasury customer sales were more than offset by rate headwinds, higher tax expenses and the absence of non-recurring gains recorded the year before, the bank said on Monday (Feb 9).
The earnings missed the S$2.59 billion consensus forecast in a Bloomberg survey of six analysts.
The lender declared an ordinary dividend of S$0.66 per share and a capital return dividend of S$0.15 per share for the period. 
This brings the quarter&rsquo s total dividend payout to S$0.81 per share, compared with S$0.60 per share in the year-ago period.
DBS said it plans to continue paying its capital return dividend of S$0.15 per share per quarter for financial years 2026 and 2027, barring unforeseen circumstances.
For the commercial book, total income was down 3 per cent at S$5.18 billion.
Net interest income for the segment fell 6 per cent to S$3.59 billion, due to lower net interest margin.
The banking trio are set to release their fourth-quarter and full-year 2025 results: DBS on Feb 9, UOB on Feb 24 and OCBC on Feb 25.
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
The lender' s consumer cross-border flow volumes have grown by 15% year on year since 2022.
&lsquo We want to be a dominant player&rsquo : DBS targets S$100 billion in cross-border flows by 2030
The banking trio drove the STI up 1.3% to close at 4,923.02 on Jan 27.
How high can they go? Analysts set new target prices for DBS, OCBC, UOB after record week
Commercial book net fee and commission income rose 14 per cent to S$1.1 billion, led by higher wealth management. Investment banking and loan-related fees were also higher. 
Commercial book other non-interest income fell 11 per cent to S$486 million, as a 13 per cent increase in treasury customer sales was offset by lower other income, which had included non-recurring gains the year prior.
Meanwhile, its markets trading income fell 3 per cent to S$154 million.
Overall, group net interest margin stood at 1.93 per cent for the quarter, down from 2.15 per cent in the previous corresponding period.
The bank&rsquo s non-performing loans ratio was 1 per cent, down from 1.1 per cent previously.
This was notwithstanding the &ldquo prudent downgrade of a previously watch-listed real estate exposure&rdquo , the bank noted. Specific allowances for Q4 rose to 36 basis points (bps) of loans, from 20 bps the same period a year earlier. 
This brings full-year specific allowances to 19 bps of loans, from 13 bps the year before, amid a partial offset by a release of general allowances.
DBS chief executive Tan Su Shan noted that the bank is comfortable with its exposures, with &ldquo sufficient&rdquo general provision reserves.
She said: &ldquo While rate pressures and geopolitical tensions are expected to persist, the quality of our franchise and strong balance sheet provide a solid foundation for the year ahead.&rdquo
For the full year, net profit fell 3 per cent to S$10.93 billion, reflecting higher tax expenses from the consequential implementation of the 15 per cent global minimum tax. 
Excluding the S$100 million in CSR commitments, full-year net profit would have been S$11.03 billion, missing the S$11.27 billion consensus estimate in a Bloomberg survey of 15 analysts.
For 2026, Tan expects net profit to be slightly below 2025 levels, and total income around 2025 levels.
Group net interest income would likely be slightly below 2025 levels amid further rate cuts and a strong Singapore dollar, mitigated by deposit growth.
Meanwhile, the commercial book non-interest income growth will likely be in the high single digits, with mid-teens growth in wealth management.
It will be maintaining its capital return dividend in FY2026 and FY2027, barring unforeseen circumstances
[SINGAPORE] DBS&rsquo net profit for its fourth quarter ended Dec 31, 2025, fell 10 per cent to S$2.26 billion, compared with S$2.52 billion from the year-ago period. 
Excluding the S$100 million set aside for corporate social responsibility (CSR) commitments, net profit would have been S$2.36 billion.
In the quarter, stronger fee income and treasury customer sales were more than offset by rate headwinds, higher tax expenses and the absence of non-recurring gains recorded the year before, the bank said on Monday (Feb 9).
The earnings missed the S$2.59 billion consensus forecast in a Bloomberg survey of six analysts.
The lender declared an ordinary dividend of S$0.66 per share and a capital return dividend of S$0.15 per share for the period. 
This brings the quarter&rsquo s total dividend payout to S$0.81 per share, compared with S$0.60 per share in the year-ago period.
DBS said it plans to continue paying its capital return dividend of S$0.15 per share per quarter for financial years 2026 and 2027, barring unforeseen circumstances.
For the commercial book, total income was down 3 per cent at S$5.18 billion.
Net interest income for the segment fell 6 per cent to S$3.59 billion, due to lower net interest margin.
The banking trio are set to release their fourth-quarter and full-year 2025 results: DBS on Feb 9, UOB on Feb 24 and OCBC on Feb 25.
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
The lender' s consumer cross-border flow volumes have grown by 15% year on year since 2022.
&lsquo We want to be a dominant player&rsquo : DBS targets S$100 billion in cross-border flows by 2030
The banking trio drove the STI up 1.3% to close at 4,923.02 on Jan 27.
How high can they go? Analysts set new target prices for DBS, OCBC, UOB after record week
Commercial book net fee and commission income rose 14 per cent to S$1.1 billion, led by higher wealth management. Investment banking and loan-related fees were also higher. 
Commercial book other non-interest income fell 11 per cent to S$486 million, as a 13 per cent increase in treasury customer sales was offset by lower other income, which had included non-recurring gains the year prior.
Meanwhile, its markets trading income fell 3 per cent to S$154 million.
Overall, group net interest margin stood at 1.93 per cent for the quarter, down from 2.15 per cent in the previous corresponding period.
The bank&rsquo s non-performing loans ratio was 1 per cent, down from 1.1 per cent previously.
This was notwithstanding the &ldquo prudent downgrade of a previously watch-listed real estate exposure&rdquo , the bank noted. Specific allowances for Q4 rose to 36 basis points (bps) of loans, from 20 bps the same period a year earlier. 
This brings full-year specific allowances to 19 bps of loans, from 13 bps the year before, amid a partial offset by a release of general allowances.
DBS chief executive Tan Su Shan noted that the bank is comfortable with its exposures, with &ldquo sufficient&rdquo general provision reserves.
She said: &ldquo While rate pressures and geopolitical tensions are expected to persist, the quality of our franchise and strong balance sheet provide a solid foundation for the year ahead.&rdquo
For the full year, net profit fell 3 per cent to S$10.93 billion, reflecting higher tax expenses from the consequential implementation of the 15 per cent global minimum tax. 
Excluding the S$100 million in CSR commitments, full-year net profit would have been S$11.03 billion, missing the S$11.27 billion consensus estimate in a Bloomberg survey of 15 analysts.
For 2026, Tan expects net profit to be slightly below 2025 levels, and total income around 2025 levels.
Group net interest income would likely be slightly below 2025 levels amid further rate cuts and a strong Singapore dollar, mitigated by deposit growth.
Meanwhile, the commercial book non-interest income growth will likely be in the high single digits, with mid-teens growth in wealth management.
this morning when i looked at the earnings report, all miss my targets, thats y got a feeling it might drop alot, 
it din go down as much as i fear, and primarily its due to the increment in dividend payout from 75 to 81, hope this recovers soon, lol
and my cost after the div is really shiok, ha
it din go down as much as i fear, and primarily its due to the increment in dividend payout from 75 to 81, hope this recovers soon, lol
and my cost after the div is really shiok, ha
hokpin ( Date: 09-Feb-2026 09:26) Posted:
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Give chance to others who have not been on board.
Newcomer19707016 ( Date: 09-Feb-2026 09:05) Posted:
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Dbs profit down by 10%. Wonder $58 can hold?
Market no like results
Ya otw $61
shk363 ( Date: 09-Feb-2026 08:37) Posted:
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WOW!!!!
later 61 target