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.
| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| AFL | Aflac Incorporated | 43 | +2% | ↓2% | NEUTRAL |
| PGR | The Progressive Corporation | 43 | +8% | ↓2% | EARLY |
| MELI | MercadoLibre | 43 | -14% | ↓2% | AVOID |
| GS | The Goldman Sachs Group, Inc. | 43 | +13% | ↓2% | EARLY |
| AIG | American International Group, Inc. | 43 | +3% | ↓2% | NEUTRAL |
| UBS | UBS Group AG | 43 | +17% | ↓2% | EARLY |
| VIV | Telefonica Brasil (Vivo) | 43 | +8% | ↓2% | EARLY |
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