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DBS gains $26b in market value, widening its lead over local peers
The Straits Times
|October 04, 2025
DBS Group Holdings’ blistering share rally in 2025 has widened its market value lead over its local peers to record levels.
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A 21 per cent advance in shares of Singapore’s largest bank in 2025 has boosted its market capitalisation by about $26 billion, taking its gap over the second-largest lender OCBC Bank to $75 billion. Its lead over UOB has also expanded to the widest ever.
DBS shares edged higher in a sixth straight day of gains on Oct 3, closing at $52.86 for a market cap of some $150 billion.
Analysts are mostly bullish on DBS’ dividend and wealth management outlook.
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