0306 GMT - DBS Group is expected to deliver muted 4Q earnings, CGS International analysts write in a note. The Singapore bank's net interest margin is expected to fall sequentially, following a decline in the Singapore Overnight Rate Average during the period. The seasonally weaker quarter would also affect flow-related income, such as management fees, market trading income and treasury customer sales. The brokerage expects the bank's net profit to come in at S$2.58 billion, up 2.1% on year, but down 13% on quarter. CGS International downgrades its rating on the stock to hold from add, while maintaining its target price of S$60.50. Shares are last 0.4% lower at S$58.86.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
January 18, 2026 22:06 ET (03:06 GMT)
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