Singapore Banks' Return on Equity Outlook Appears Optimistic in Long Term -- Market Talk

Dow Jones

Feb 10, 2025

0651 GMT - Singapore banks' return on equity outlook appears optimistic in the long term, Jefferies analysts write in a note. Incremental returns are likely tied to longer-term growth, making it more exciting than near-term capital return upside, analysts Sam Wong and Shujin Chen say, noting the capital return dividend DBS Group announced for 2025. However, this reflects DBS's commitment to shareholder return, while also focusing on long-term growth, they add. This is expected to boost its share price. Wong and Chen describe DBS's 2024 earnings as "another rabbit out of the hat," demonstrating "strong underlying business performance... even in areas that were slightly softer." Jefferies retains a buy rating on DBS with a target price of S$49.00. The stock is 2.5% higher at S$45.78. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

February 10, 2025 01:51 ET (06:51 GMT)

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Incremental returns are likely tied to longer-term growth, making it more exciting than near-term capital return upside, analysts Sam Wong and Shujin Chen say, noting the capital return dividend DBS Group announced for 2025. However, this reflects DBS's commitment to shareholder return, while also focusing on long-term growth, they add. This is expected to boost its share price. Wong and Chen describe DBS's 2024 earnings as \"another rabbit out of the hat,\" demonstrating \"strong underlying business performance... even in areas that were slightly softer.\" Jefferies retains a buy rating on DBS with a target price of S$49.00. The stock is 2.5% higher at S$45.78. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2025 01:51 ET (06:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Banks' Return on Equity Outlook Appears Optimistic in Long Term -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Banks' Return on Equity Outlook Appears Optimistic in Long Term -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-10 14:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0651 GMT - Singapore banks' return on equity outlook appears optimistic in the long term, Jefferies analysts write in a note. Incremental returns are likely tied to longer-term growth, making it more exciting than near-term capital return upside, analysts Sam Wong and Shujin Chen say, noting the capital return dividend DBS Group announced for 2025. However, this reflects DBS's commitment to shareholder return, while also focusing on long-term growth, they add. This is expected to boost its share price. Wong and Chen describe DBS's 2024 earnings as \"another rabbit out of the hat,\" demonstrating \"strong underlying business performance... even in areas that were slightly softer.\" Jefferies retains a buy rating on DBS with a target price of S$49.00. The stock is 2.5% higher at S$45.78. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2025 01:51 ET (06:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823417737.USD","symbol_name":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510886750","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510886750","pubTimestamp":1739170260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0651 GMT - Singapore banks' return on equity outlook appears optimistic in the long term, Jefferies analysts write in a note. Incremental returns are likely tied to longer-term growth, making it more exciting than near-term capital return upside, analysts Sam Wong and Shujin Chen say, noting the capital return dividend DBS Group announced for 2025. However, this reflects DBS's commitment to shareholder return, while also focusing on long-term growth, they add. This is expected to boost its share price. Wong and Chen describe DBS's 2024 earnings as \"another rabbit out of the hat,\" demonstrating \"strong underlying business performance... even in areas that were slightly softer.\" Jefferies retains a buy rating on DBS with a target price of S$49.00. The stock is 2.5% higher at S$45.78. 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Incremental returns are likely tied to longer-term growth, making it more exciting than near-term capital return upside, analysts Sam Wong and Shujin Chen say, noting the capital return dividend DBS Group announced for 2025. However, this reflects DBS's commitment to shareholder return, while also focusing on long-term growth, they add. This is expected to boost its share price. Wong and Chen describe DBS's 2024 earnings as \"another rabbit out of the hat,\" demonstrating \"strong underlying business performance... even in areas that were slightly softer.\" Jefferies retains a buy rating on DBS with a target price of S$49.00. The stock is 2.5% higher at S$45.78. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2025 01:51 ET (06:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}