Dbs Group Holdings Ltd · SGX:D05
Dbs — Q4 2024 Earnings Presentation
6 slides from Dbs's earnings presentation, Feb 10, 2025
Slide 1: CEO and Deputy CEO observations
CEO and Deputy CEO observations DBS Group Holdings 4Q 2024 financial results February 10, 2025 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. DBS Bank accepts n
Slide 2: Operating trends sustained in 4Q
Operating trends sustained in 4Q Strong fourth quarter caps record year o 4Q total income up 10% YoY from broad-based growth Healthy loan demand o Growth led by non-trade corporate loans, partially offset by high repayments Lower deposit costs from rate cuts and Casa inflows Group NIM rises
Slide 3: Operating trends sustained in 4Q
Operating trends sustained in 4Q Strong wealth management momentum sustained o Fees and treasury customer sales growth led by wealth management o NNM sustained around recent quarter levels, AUM at new high Expense growth well managed, cost-income ratio stable YoY Asset quality sound o Higher 4
Slide 4: 2025 outlook
2025 outlook Group net interest income slightly above 2024 levels based on two rate cuts in 2H25 o Slight decline in Group NIM, offset by loan growth o Markets trading to benefit from lower funding cost Commercial book non-interest income growth to be high-single digits o Led by growth in wealth
Slide 5: Distributing our earnings to stakeholders
Distributing our earnings to stakeholders Shareholders o Quarterly ordinary dividend per share increase of 6 cents to 60 cents from 4Q, bringing annualised ordinary dividend per share going forward to $2.40 o Board committed to managing down excess capital over the coming three years o Capital Ret
Slide 6: CEO and Deputy CEO observations
CEO and Deputy CEO observations DBS Group Holdings 4Q 2024 financial results February 10, 2025 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. DBS Bank accepts n