Summary: DBS Group Holdings achieved a market capitalization of over $100 billion in 2024, becoming the first Singapore-listed company to reach this milestone. The bank’s wealth management franchise outperformed, with total income rising 18% and non-interest income climbing 45%. DBS also increased its stake in Shenzhen Rural Commercial Bank and saw significant growth in Taiwan and India.

Link: https://www.theedgesingapore.com/bdc-sector-winners/billion-dollar-club-2025/dbs-marks-standout-2024-market-cap-milestone-more-100