$DBS 5xLongSG251023(QARW.SI)$$DBS Group Holdings(D05.SI)$
DBS Group Holdings Ltd reported impressive Q3 2024 earnings. Here are the key highlights:
-Net Profit : DBS posted a net profit of SGD 3.03 billion,a 15% increase from the previous year.
- Total Income: Total income rose by 11% to SGD 5.75 billion.
- Dividend: The board declared a quarterly dividend of SGD 54 cents per share.
- Share Buyback: DBS announced a new SGD 3 billion share buyback program.
It was a strong quarter for DBS, driven by growth in wealth management fees, treasury customer sales, and markets trading income.
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