DBS Group to Report 5% Q3 Profit Decline and Appoint New Chairman
DBS Group said it will report a 5 % decline in third-quarter profit and that independent director Anthony Lim is scheduled to assume the chairmanship on 1 January 2027. The bank previously indicated that net profit for the quarter is projected at S$2.
81 billion and a dividend of S$0. 81 per share is planned, while board chairman Peter Seah will retire at the end of 2026, paving the way for Lim’s appointment.