DBS Gains $20 Billion in Value, Widening Lead Against Singapore Rival OCBC

October 3, 2025 at 1:22 AM UTC

Updated on

October 3, 2025 at 5:38 AM UTC

DBS Group Holdings Ltd.’s blistering share rally this year has widened its market value lead over its peer Oversea-Chinese Banking Corp. to a level never seen before.

A 21% advance in shares of Singapore’s largest bank in 2025 has boosted its market capitalization by about S$26 billion ($20 billion), taking its gap over the second largest lender in the city-state to S$75 billion. Analysts are mostly bullish on DBS’s dividend and wealth management outlook.