Group 1: Industry Overview - Victory Capital Holdings operates within the Financial - Investment Management industry, which consists of 37 stocks and is currently ranked 59. The industry has experienced a growth of +38.6% year-to-date [1] - DBS Group Holdings Ltd (DBSDY) is part of the Banks - Foreign industry, which includes 66 stocks and is currently ranked 74 in the Zacks Industry Rank. This group has seen an average gain of 11% so far this year, indicating that DBSDY is outperforming its peers [5] Group 2: Company Performance - DBS Group Holdings Ltd has achieved a return of 39.1% year-to-date, significantly higher than the average return of 21.6% for Finance companies [7] - The Zacks Consensus Estimate for DBSDY's full-year earnings has increased by 1.5% over the past quarter, reflecting improved analyst sentiment and a stronger earnings outlook [2] - Victory Capital Holdings has also shown strong performance, with a year-to-date return of 93.5% and a consensus EPS estimate increase of 1.1% over the past three months, currently holding a Zacks Rank of 1 (Strong Buy) [5][8] Group 3: Investment Sentiment - The Zacks Rank system, which focuses on earnings estimates and revisions, currently ranks DBS Group Holdings Ltd at 2 (Buy), suggesting a positive outlook for the stock [4] - Both DBS Group Holdings Ltd and Victory Capital Holdings are highlighted as stocks to watch for investors interested in the Finance sector due to their solid performance [9]

Core Insights - DBS Group Holdings maintains a strong capital position despite increased regulatory scrutiny following an online banking system outage [1] Group 1: Company Overview - DBS Group Holdings is recognized for its robust capital position, which has been sustained even during challenging regulatory environments [1] Group 2: Management and Strategy - The management of DBS Group has shown resilience and capability in navigating regulatory challenges while maintaining capital strength [1]

星展证券（中国）40%股权8.23亿元底价成交 星展集团CEO此前称有意接手 财联社11月25日电，上海 联合产权交易所最新信息显示，星展证券（中国）有限公司两笔股权转让项目已于11月21日成交，转让 比例合计为40%，交易价格即转让底价8.23亿元。 此前，在9月25日星展集团新闻发布会上，星展集团首席执行官高博德曾表示："我们有意将星展证券的 持股比例从51%提升至91%，这一步骤目前正等待相关监管部门的批准。 "（财联社记者 郭子硕） ...

Group 1 - Many foreign bank stocks did not experience the same positive reaction from last week's election as U.S. bank stocks did [1] - DBS Group Holdings Ltd from Singapore is noted as an exception to this trend, although the reasons are likely unrelated to the election [1] Group 2 - The investment approach favored is a long-term, buy-and-hold strategy, focusing on stocks that can sustainably generate high-quality earnings [1]

Financial Data and Key Metrics Changes - The company is planning to return an additional $3 billion to $5 billion in capital to shareholders, with a total buyback capacity of a couple of billion dollars before facing challenges from Temasek's shareholding [3][4][7] - The company reported a loan growth of approximately 2% for the year, with expectations to reach 3% to 5% next year, driven by a healthy pipeline across various sectors [17][18] Business Line Data and Key Metrics Changes - The company has seen a strong recovery in the wealth management segment, with investment assets under management (AUM) reaching a record 56%, indicating growth potential in this area [54][55] - The corporate banking segment has performed well, particularly in India, which has been identified as a strong growth market [44] Market Data and Key Metrics Changes - The company is experiencing increased demand in sectors such as renewables, infrastructure, and technology, with a notable return of leverage buyouts and organic growth in Asia [18][31] - The connectivity growth story is highlighted by a 30% increase in trade growth, particularly in the ASEAN region, driven by intra-regional trade [31][66] Company Strategy and Development Direction - The company aims to continue focusing on high-return businesses, including wealth management and FICC (fixed income, currencies, and commodities), while leveraging technology and digital transformation for productivity gains [32][30] - The management is open to exploring M&A opportunities in markets like Malaysia and Indonesia, contingent on favorable pricing and integration capabilities [33][60] Management's Comments on Operating Environment and Future Outlook - Management expressed a cautious but optimistic outlook, noting that while the current earnings capacity is elevated, future growth will depend on interest rate movements and economic conditions [10][12] - The company has conducted stress tests on various macroeconomic factors, including tariffs and oil prices, indicating preparedness for potential regulatory changes [68][69] Other Important Information - The company has maintained a general provision (GP) of $2.3 billion, with a focus on macroeconomic variables and downside scenarios influencing its assessment [48][50] - The tax rate in Singapore is expected to increase to a minimum of 15%, which will impact the company's tax expenses by approximately $400 million next year [21] Q&A Session Summary Question: On share buybacks and Temasek's shareholding - Management indicated that buybacks will be executed on weakness, with a focus on maintaining flexibility regarding Temasek's shareholding levels [3][7] Question: On asset-liability management (ALM) and loan growth - The company is managing its ALM effectively, with a focus on yield pickup and maintaining a healthy loan growth pipeline across various sectors [9][17] Question: On wealth management performance and investment ratios - The wealth management segment has seen significant growth, with a focus on increasing investment ratios and onboarding new clients [54][55] Question: On connectivity and stress testing for tariffs - Management has conducted stress tests on various macroeconomic factors and is well-positioned to assist clients in navigating regulatory changes [68][69]

Core Viewpoint - DBS Group Holdings Ltd has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Recent Performance and Projections - DBS Group is projected to earn $11.88 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 10.7% [8]. - Over the past three months, the Zacks Consensus Estimate for DBS Group has risen by 12.4%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of DBS Group to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Group 1: Monroe Capital (MRCC) - Monroe Capital is a non-diversified closed-end investment management company focused on financing lower middle-market companies in the U.S. and Canada [1] - The Zacks Consensus Estimate for Monroe Capital's current year earnings has increased by 0.9% over the last 60 days [1] - The company has a dividend yield of 12.5%, significantly higher than the industry average of 2.9% [2] Group 2: DBS Group (DBSDY) - DBS Group is one of the largest companies by market capitalization listed on the Singapore Exchange [2] - The Zacks Consensus Estimate for DBS Group's current year earnings has increased by nearly 6.6% over the last 60 days [2] - The company has a dividend yield of 5.4%, compared to the industry average of 4.0% [2] Group 3: Manulife Financial Corp (MFC) - Manulife Financial is one of the three dominant life insurers in the Canadian market, with rapidly growing operations in the U.S. and several Asian countries [3] - The Zacks Consensus Estimate for Manulife Financial's current year earnings has increased by nearly 0.4% over the last 60 days [3] - The company has a dividend yield of 3.9%, which is higher than the industry average of 1.2% [3]

Core Viewpoint - DBS Group Holdings Ltd has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for DBS Group for the fiscal year ending December 2024 is projected at $11.43 per share, reflecting a 6.5% increase from the previous year [9]. - Over the past three months, the Zacks Consensus Estimate for DBS Group has risen by 10.9%, indicating a trend of increasing earnings estimates [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is tracked through EPS estimates from sell-side analysts [2]. - The system classifies stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of DBS Group to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for near-term price movement [11]. Impact of Institutional Investors - Changes in earnings estimates significantly influence institutional investors' valuation models, leading to buying or selling actions that affect stock prices [5]. - The correlation between earnings estimate revisions and near-term stock movements underscores the importance of tracking these revisions for investment decisions [7].

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, August 14th: Sylvamo Corporation (SLVM) : This manufacturer of uncoated freesheet for cutsize, offset paper, and pulp has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days. Sylvamo's shares gained 7% over the last three months compared with the S&P 500's advance of 2.3%. The company possesses a Momentum Score of B. DBS Group Holdi ...

Company Overview - DBS Group Holdings Ltd (DBSDY) currently has a Momentum Style Score of B, indicating a solid momentum pick based on price change and earnings estimate revisions [3][14] - The company has seen a significant increase in share price, with a 4.98% rise over the past week and a 6.95% increase over the past month, outperforming the Zacks Banks - Foreign industry which rose 1.46% and 1.49% respectively [5] Earnings Outlook - Over the past two months, one earnings estimate for DBSDY has moved higher while none have moved lower, resulting in an increase in the consensus estimate from $10.26 to $10.31 [13] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period, indicating positive sentiment around future earnings [13] Performance Metrics - Over the past quarter, shares of DBSDY have increased by 17.33%, and over the last year, they have gained 32.36%, significantly outperforming the S&P 500 which moved 9.51% and 29.29% respectively [10] - The average 20-day trading volume for DBSDY is currently 105,562 shares, which serves as a bullish indicator when combined with rising stock prices [11]