DBS is Southeast Asia's largest bank and one of the world's highest-quality financial franchises. CEO Piyush Gupta's tenure has transformed DBS from a regional bank into a digital banking and wealth management powerhouse. The Singapore domicile provides access to regional wealth flows (ASEAN HNW migration), while DBS's proprietary digital platform drives industry-leading cost efficiency. ROE above 18% with CET1 at 14.5% enables capital returns and strategic optionality. Treasury markets business benefits from Singapore's status as a global FX and rates hub.
Thesis reviewed May 29, 2026
DBS Group Holdings Ltd. is headquartered in Singapore, which is currently showing elevated risk signals.
🇸🇬Singapore71NEUTRALView Singapore risk detail →🏦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| GGAL | Grupo Financiero Galicia S.A. | 90 | +13% | ↓54% | ENTRY |
| MELI | MercadoLibre | 90 | -14% | ↓54% | AVOID |
| BBAR | BBVA Banco BBVA Argentina SA | 90 | +21% | ↓54% | ENTRY |
| BBD | Banco Bradesco S.A. (preferred ADR) | 90 | +5% | ↓54% | NEUTRAL |
| VIV | Telefonica Brasil (Vivo) | 90 | +8% | ↓54% | ENTRY |
| UBS | UBS Group AG | 90 | +17% | ↓54% | ENTRY |
| CIB | Bancolombia S.A. | 90 | +9% | ↓54% | NEUTRAL |
Investors who hold D05.SI may also have indirect exposure through these country funds.
DBS FY25 net profit SGD 11.4B, record for a Singapore bank; ROE 18.6%
Wealth management AUM crosses SGD 400B; fee income +22% YoY on inflows from HK and China HNW
DBS India SME digital banking launched; 50,000 accounts in first quarter
Estimates · Yahoo Finance · Not audited figures