DBS tweaks 2025 guidance as Q1 profit beats expectations By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2025
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Source: Investing.com
DBS Group's Financial Performance: DBS Group reported a 2% decline in first-quarter net profit to S$2.9 billion, attributed to higher tax expenses, but still exceeded analyst expectations. The bank maintained its 2025 guidance while adjusting its outlook for interest rate cuts and emphasized prudent risk management amid rising macroeconomic uncertainties.
Market Reaction and Future Outlook: Following the earnings report, DBS shares rose by 1.5%, outperforming the market. The bank's CEO highlighted the importance of adaptability in capturing opportunities and managing risks due to escalating trade tensions and geopolitical uncertainties affecting economic growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
