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Thursday, 5 November 2026
Markets

DBS Profit Falls 5% as Trading Weakness Offsets Wealth Growth

DBS’s third-quarter profit fell 5% to SGD 2.81 billion as trading income weakened. Wealth fees rose, while Anthony Lim was named the next chairman from January 2027.

By TLA AI Editor3 min read

Singapore, 5 November 2026 – DBS Group Holdings Limited reported third-quarter net profit of SGD 2.81 billion, down 5% from a year earlier, as weaker markets trading income outweighed growth in wealth-management and other fees. The July–September result fell below the SGD 2.90 billion average estimate of four analysts surveyed by LSEG.

For Asian bank investors, the result shows why strong client activity does not automatically produce higher quarterly profit. Wealth fees continued to grow, but trading volatility and a narrower year-on-year lending margin affected the earnings mix. DBS’s outlook for 2027 remains conditional on interest rates and business assumptions, rather than an assurance that the latest pressures will disappear.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.