
Singapore's bank DBS first-quarter net profit drops 2%, but beat forecasts
DBS, which is also Southeast Asia's biggest lender by assets, said January-March net profit declined to S$2.9 billion ($2.24 billion) from S$2.95 billion a year earlier.
This however beat the mean estimate of S$2.82 billion from two analysts, according to LSEG data.
($1 = 1.2940 Singapore dollars)
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