DBS Group: Still An Intriguing Play On Asian Growth
Source: SeekingAlpha
2026-02-10 01:20:26 ET
A weaker U.S. dollar and bullish sentiment towards bank stocks have been nice tailwinds for Singapore's DBS Group ( DBSDY )( DBSDF ) recently, lifting its ADSs to a circa 46% return since my previous update last March. Rating it "Buy," I liked the optionality provided by DBS's excess capital. I also liked the bank's surging wealth management business. Not only is DBS well-placed to capture rising Asian wealth, but the capital-light nature of this business has made the bank structurally more profitable as well....
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DBS Group: Still An Intriguing Play On Asian Growth
DBS Group Holdings Ltd.
NASDAQ: DBSDF
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