StocksMedium•4 November 2026•
1 min read
DBS Group Profits Miss Estimates; Lim Appointed New Chairman
Key Facts
1DBS Group reported profits that missed analyst estimates, weighed down by lower trading income.
2The bank officially named Lim as the new Chairman of the board.
DBS Group Holdings reported quarterly profits that missed analyst estimates due to a decline in trading income. Bloomberg reported that the earnings miss was driven by weak trading performance, and the bank officially named Lim as the new Chairman of the board.
DBSDY closed at $222.72 on November 4, 2026, after trading between a low of $220.31 and a high of $226.99 during the session. The decline in trading income at DBS Group mirrors a trend observed in other Singaporean lenders such as UOB.