DBS — Q1 2023 Earnings Presentation

5 slides from DBS's earnings presentation, May 2, 2023

Slide 1: CEO Observations
X DBS | sanciess CEO Observations 2 May 2023
Slide 2: Another record quarter
Another record quarter ▪ ROE reaches new high of 18.6% ▪ Healthy business momentum - Corporate loan growth led by Singapore real estate acquisition financing transactions - Fee income up YoY in February and March, reversing year-long declines - Net new money inflows continue to be strong ▪ Expenses
Slide 3: Outlook
Outlook ▪ Business momentum healthy with some pockets of moderation ▪ Loan growth of 3-5% - Non-trade corporate loan pipeline healthy - Housing loan bookings have recovered, may see some impact from latest cooling measures - Wealth management customers not increasing leverage ▪ Fee income growth of
Slide 4: Outlook
Outlook ▪ NIM likely peaked in 1Q - Asset pricing affected by low Hibor - Deposit repricing to continue - Support from 22% of Commercial book interest-bearing assets yet to reprice - NIM decline to be gradual, full-year NIM expected at 2.05-2.10% ▪ Expense growth maintained at 9-10%, cost-income rat
Slide 5: Thank You
Thank You DBS