Vote A.


DBS is a crowd favourite right now, but it's trading at a 'rich' 2.5x book value—above its usual average. With lower interest rates likely to squeeze margins (NIM) in 2026, a small pullback wouldn't be surprising. Would enter in more if there's a dip.


Pullback to $57.5-58
# DBS Q4 Profit -10%: More Decline On The Way With Record High?

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