The Business Times
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BROKER’S TAKE

Analysts raise price targets on DBS after Q1 earnings

They say the impact of US tariffs will likely be felt only in the second half of 2025

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Chloe Lim

Chloe Lim

Published Fri, May 9, 2025 · 05:27 PM
    • Most analysts feel that DBS’ business momentum has been resilient in April and any adverse impact from tariff policy negotiation outcomes are only likely to be felt in the second half of 2025.
    • Most analysts feel that DBS’ business momentum has been resilient in April and any adverse impact from tariff policy negotiation outcomes are only likely to be felt in the second half of 2025. PHOTO: AFP

    [SINGAPORE] Analysts raised price targets for shares of DBS, following its first quarter results release on Thursday (May 8).

    The bank’s net profit at S$2.9 billion for the three months ended Mar 31 - 2 per cent lower than the S$2.95 billion from the same year-ago period. However, it beat the S$2.87 billion consensus forecast in a Bloomberg survey of eight analysts.

    An interim dividend per share (DPS) of S$0.60 and a capital return DPS of S$0.15 were also declared, reflecting a total dividend of S$0.75 per share for Q1.

    Brokers' TakeDBS

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