D05.SI Stock Today: December 26 – Record Highs, NIM Easing Hopes
On 26 December, the dbs share price is holding near record territory as investors weigh cooling NIM pressure against firm fee momentum. The latest print is around S$56.3, just below the S$56.35 high, with volume below the recent average. Resilient core earnings and double‑digit non‑interest income have supported sentiment. OCBC’s strength and UOB’s softer patch highlight sector gaps that matter for STI exposure. We outline levels, drivers, and what the dbs share price and ticker D05.SI need to sustain gains.
Today’s levels and technical picture
The dbs share price trades near S$56.3, within a S$56.1 to S$56.3 intraday range and just under the S$56.35 52‑week high. It sits above the 50‑day average at S$54.13 and the 200‑day at S$48.61. Turnover is about 1.10 million shares versus a 4.26 million average, suggesting a calm tape into the holidays as price consolidates near highs.
RSI at 70.46 flags overbought conditions, while MACD stays positive. Price is nudging above the Bollinger upper band at S$56.25, with ADX at 25.15 indicating a firm trend. The dbs share price faces resistance at S$56.35; supports sit near the Bollinger middle band at S$54.76 and the 50‑day at S$54.13. ATR of 0.51 frames typical daily swings.
Earnings mix and valuation
With NIM easing, management’s focus on fees matters. Double‑digit growth in cards, wealth, and treasury income helped offset compression and kept core earnings resilient. ROE of about 16.6% and a net margin near 38% underline healthy profitability. If fee momentum holds, the dbs share price can defend recent highs even as rates drift lower through 2025.
Income investors track the dbs dividend yield at roughly 5.06% on S$2.85 per share. At 14.4x TTM earnings and 2.34x book (book value per share about S$24.11), valuation is rich to history but supported by growth and capital strength. Sustained fee growth and stable credit costs are key to maintaining both yield and premium multiples.
Peer moves: OCBC strength, UOB lag
OCBC also notched records, while UOB lagged on higher provisions tied to China property risks, according to the Straits Times. For the bank‑heavy STI, leadership from DBS and OCBC reduces index drawdowns. Still, we watch provision trends and fee growth to confirm breadth beyond headline highs.
Pairs watchers are comparing the dbs share price with ocbc share price, while uob share price underperforms. If fee income stays firm and provisions normalise, DBS’s premium could persist. If spreads compress faster, leadership may rotate toward OCBC. Monitor loan growth, wealth flows, and credit costs for signals of a durable sector re‑rating.
Outlook into 2026
A gentle rate down‑cycle could trim NIM but also ease funding costs, while cards and wealth fees cushion revenue. Business Times asks whether recent records can carry into 2026; fee strength is central to that case (source). Near term, the dbs share price needs confirmation from steady fee gains and contained provisions.
Baseline models point to S$58.43 next quarter, S$54.52 over one year, and S$78.90 in three years, with longer‑run paths reaching S$103.36 at five years. These are scenarios, not guarantees. Watch the results calendar, which lists 6 Nov 2025 for a major update. For now, the dbs share price trades in a strong trend with overbought signals.
Final Thoughts
Key takeaways for Singapore investors: momentum is firm, but overbought readings near S$56.35 call for patience on entries. Support sits around S$54.76 and S$54.13. Fundamentally, easing NIMs require fee strength to stay intact, while stable credit costs protect earnings. We also track dividends, with a roughly 5% yield backed by solid profitability. Relative moves matter: ocbc share price strength and uob share price softness shape sector tone. If fee growth endures and provisions remain contained, the dbs share price can consolidate rather than retreat. We would scale in on dips toward support and reassess if credit costs climb or fees slow.
FAQs
Short term signals say yes. RSI is around 70, Stochastic is in the 90s, and price is nudging the Bollinger upper band. That setup often leads to consolidation or brief pullbacks. We watch S$56.35 as resistance and S$54.76 to S$54.13 as near supports for better entries.
The dbs dividend yield is about 5.06% on S$2.85 per share. Strong ROE near 16% and healthy fee income help. Management can fund payouts from resilient earnings and capital buffers, provided credit costs stay contained. Watch fee growth, loan quality, and capital ratios to gauge sustainability.
DBS and OCBC recently set records, while UOB lagged due to higher provisions tied to China property risks. That supports the index given DBS and OCBC’s weight. We monitor ocbc share price leadership, uob share price catch‑up potential, and whether fee growth broadens across the three banks.
Immediate resistance is the S$56.35 record. A close above it could extend momentum. Initial supports are the Bollinger middle band at S$54.76 and the 50‑day average near S$54.13. The ATR of about S$0.51 suggests typical intraday swings, useful for setting stops and targets.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
