DBS 02 (Aug 10 - Dec 27)

[behappyalways]

DBS to pay $956 mil in premium to acquire Citi's Taiwan consumer business
https://www.theedgesingapore.com/news/m ... r-business

[behappyalways]

DBS posts record net profit of $6.81 bil for FY2021, declares dividend of 36 cents for 4QFY2021
https://www.theedgesingapore.com/capita ... s-4qfy2021

[behappyalways]

DBS 1Q net profit down 10% y-o-y, up 30% q-o-q
https://www.theedgesingapore.com/capita ... y-30-q-o-q

[behappyalways]

DBS reports net profit of $1.82 bil for 2QFY2022, up 7% y-o-y
https://www.theedgesingapore.com/capita ... 22-7-y-o-y

[behappyalways]

DBS posts record high earnings of $2.24 bil in 3QFY2022, up 32% y-o-y
https://www.theedgesingapore.com/capita ... 2-32-y-o-y

[behappyalways]

DBS posts record net profit of $8.19 bil for FY2022, declares dividend of 42 cents and special dividend of 50 cents
https://www.theedgesingapore.com/capita ... nd-special

[winston]

not vested

DBS CEO Says Not Concerned About US $976 Million Adani Exposure

DBS Group Holdings Ltd. has about a S$1.3 billion ($976 million) exposure to Adani Group, of which S$1 billion is from a cement firm acquisition financing and the remaining S$300 million is from other Adani firms

Source: Bloomberg

https://finance.yahoo.com/news/dbs-reve ... 00397.html

[behappyalways]

DBS reports record quarterly earnings of $2.57 bil for 1QFY2023, 43% higher y-o-y
https://www.theedgesingapore.com/capita ... gher-y-o-y

[behappyalways]

DBS reports record net profit of $2.69 bil in the 2QFY2023, up 48% y-o-y; declares dividend of 48 cents per share
https://www.theedgesingapore.com/capita ... d-48-cents

[winston]

not vested

DBS’ 3Q2023 results beat expectations with adjusted net profit of S$2.63bn vs consensus estimate of S$2.50bn.

Bulk of the beat was from stronger-than-expected net interest income of S$3.50bn (+16% YoY) and net interest margin growth of 2.19% (+29bps YoY).

Fee income surged by 14% YoY and grew 5% QoQ from growth in wealth management, loan-related and credit card fees.

Credit costs rose by 12bps YoY to 18bps as allowances were up 21% YoY to S$215mn mainly due to a rise in SPs to S$197mn (3Q23: S$25mn).

3Q23 dividend was up 33% to 48 cents, bringing 9M23 dividend to 138 cents.

More details to follow after 11.30am analyst call.

Source: Phillips