Dbs Group Holdings Ltd · SGX:D05

Dbs — Q3 2025 Earnings Presentation

19 slides from Dbs's earnings presentation, Nov 6, 2025

  1. Slide 1: Record third-quarter and nine-month income and pre-tax profit

    Record third-quarter and nine-month income and pre-tax profit DBS Group Holdings 3Q 2025 financial results November 6, 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 pre

  2. Slide 2: Highlights

    Highlights 3Q pre-tax profit up 1% YoY to record $3.48b, ROE at 17.1% and ROTE at 18.9%  Total income up 3% YoY to new high of $5.93b o Group NII little changed from strong deposit growth and proactive balance sheet hedging o Fee income and treasury customer sales reach new highs o Markets trading

  3. Slide 3: 3Q net profit declines 2% YoY

    3Q net profit declines 2% YoY (S$m) 3Q25 YoY % Total income record 5,932 3  Commercial book net interest income falls 6% as Commercial book 5,493 1 lower rates mitigated by hedging and deposit Markets trading 439 33 growth; Group net interest income little changed Expenses 2,393 6  Record fee inco

  4. Slide 4: 3Q net profit up 5% QoQ

    3Q net profit up 5% QoQ (S$m) 3Q25 QoQ % Total income record 5,932 3  Commercial book net interest income and Group net Commercial book 5,493 3 interest income decline 2% from lower Sora Markets trading 439 5 Expenses 2,393 5  Fee income growth led by wealth management; Profit before allowances 3,

  5. Slide 5: 9M total income and pre-tax profit reach new highs

    9M total income and pre-tax profit reach new highs 9M25 YoY % Total income record 17,569 5  Commercial book net interest income falls 3%; Commercial book 16,349 2 Group net interest income up 2% as hedging and Markets trading 1,220 60 deposit growth offset lower rates Expenses 6,877 6  Record fees

  6. Slide 6: 3Q group net interest income lower QoQ and little changed YoY, lower interest rates cushioned by hedging and deposit growth

    3Q group net interest income lower QoQ and little changed YoY, lower interest rates cushioned by hedging and deposit growth Net interest margin (%) 2.83 2.81 Commercial book 2.54 2.55 2.40 Group 2.13 2.04 2.11 2.05 1.96 Net interest 10,696 10,907 income (S$m) 3,597 3,648 3,578 5 23 20 Commercial boo

  7. Slide 7: Deposits up 3% QoQ, 9% over 9M

    Deposits up 3% QoQ, 9% over 9M (S$b) Constant-currency change 596 +19 +48 +18 +2 FD and In constant-currency terms 277 +5 others +16 +5  Deposits grow 3% QoQ +11 and 9% over 9M, both led +10 +4 by Casa inflows FCY Casa 126  Casa ratio at 53% +9 +12 +23 +9 SGD Casa 192 +1 +1 As at Sep 25 9M25 1Q25

  8. Slide 8: Loans little changed QoQ, surplus deposits deployed to HQLA

    Loans little changed QoQ, surplus deposits deployed to HQLA Gross loans (S$b) Constant-currency change 443 +7 +14 Others  Loans little changed QoQ CBG / WM in constant-currency 135 +3 terms; growth in trade +5 +2 and wealth management loans moderated by +8 +0 +3 lower non-trade Other +9 corporate l

  9. Slide 9: 3Q and 9M fee income rise to record led by wealth management

    3Q and 9M fee income rise to record led by wealth management 1,581 4,479 (S$m) 1,395 51 3,850 98 1,315 31 Investment banking 68 31 2,169 796 Wealth management 1,663 649 609 Loan-related 517 595 146 185 183 Cards 916 902 302 302 303 Transaction services 686 715 227 228 248 9M24 9M25 3Q24 2Q25 3Q25 Yo

  10. Slide 10: Record 9M Wealth segment income, AUM at new high

    Record 9M Wealth segment income, AUM at new high (S$m) 4,377 1,536 3,978 1,358 1,353 1,821 597 Net interest income 1,982 649 600 2,556 939 Non-interest income 1,996 709 753 9M24 9M25 3Q24 2Q25 3Q25 YoY (%) Total income 20 10 19 5 13 Non-interest income 48 28 52 19 32 Constant-currency QoQ (%) YoY (%

  11. Slide 11: 3Q customer-driven non-interest income rises 22% YoY, 9M up 17%

    3Q customer-driven non-interest income rises 22% YoY, 9M up 17% (S$m) 5,456 1,938 4,657 1,678 1,590 1,657 581 Treasury 1,457 511 customer sales 481 3,799 1,357 Net fee income 3,200 1,109 1,167 9M24 9M25 3Q24 2Q25 3Q25 11

  12. Slide 12: 9M cost-income ratio stable at 39%

    9M cost-income ratio stable at 39% Cost / income 39 40 40 (%) 39 39 (S$m) 6,877 2,393 6,500 2,249 2,270 Staff 4,450 1,541 4,150 1,422 1,457 expenses Other 2,350 2,427 827 813 852 expenses 9M24 9M25 3Q24 2Q25 3Q25 12

  13. Slide 13: NPL ratio stable at 1.0%

    NPL ratio stable at 1.0% (S$m) 9M24 9M25 3Q24 2Q25 3Q25 NPAs at start of period 5,056 5,036 5,077 4,861 4,686 IBG and others (291) (327) (214) (97) (84) New NPAs 739 449 452 244 113 Upgrades, settlements and recoveries (775) (523) (491) (213) (141) Write-offs (255) (253) (175) (128) (56) CBG / WM 25

  14. Slide 14: 3Q SP at 15bp, 9M at 13bp

    3Q SP at 15bp, 9M at 13bp (S$m) 9M24 9M25 3Q24 2Q25 3Q25 IBG and others 37 129 43 72 71 Add charges for 258 373 168 100 120 New NPLs 217 125 147 29 31 Existing NPLs 41 248 21 71 89 Subtract charges for 221 244 125 28 49 Upgrades 16 120 1 1 0 Settlements 139 81 75 23 41 Recoveries 66 43 49 4 8 CBG /

  15. Slide 15: Allowance coverage ratio at 139%

    Allowance coverage ratio at 139% (S$m) 6,514 6,650 6,441 6,425 6,323 GP 3,955 3,969 4,159 4,109 4,071 SP 2,368 2,545 2,491 2,332 2,354 Sep 24 Dec 24 Mar 25 Jun 25 Sep 25 Total allowance reserves as % of: NPA 135 129 137 137 139 Unsecured NPA 242 226 230 236 229 15

  16. Slide 16: Strong CET-1 and leverage ratios

    Strong CET-1 and leverage ratios (%) 18.8 18.6 18.6 Tier 2 18.2 0.9 0.9 1.0 17.8 0.9 Additional Tier 1 0.7 0.2 0.7 0.9 0.3 0.0 Common Equity Tier 1 17.2 17.4 17.0 17.0 16.9 Sep 24 Dec 24 Mar 25 Jun 25 Sep 25 RWA (S$bn) 338 352 352 355 367 Leverage ratio (%) 6.8 6.7 6.5 6.5 6.2 Fully phased-in Common

  17. Slide 17: 3Q total dividend of 75¢ per share, comprising 60¢ ordinary dividend and 15¢ Capital Return dividend

    3Q total dividend of 75¢ per share, comprising 60¢ ordinary dividend and 15¢ Capital Return dividend (S¢ per share) Ordinary Capital Return 225 222 15 175 60 75 60 4Q 49 54 15 75 3Q 44 60 54 2Q 15 44 60 75 54 1Q 38 2023 2024 2025 Dividends prior to 1Q24 adjusted for one-for-10 bonus issue announced

  18. Slide 18: In summary

    In summary Delivered record third-quarter and nine-month total income and pre-tax profit, ROE above 17% Sustained strong momentum in wealth management and deposit growth, while proactive balance sheet hedging mitigated external rate pressures Will continue to navigate declining rates in coming year

  19. Slide 19: Record third-quarter and nine-month income and pre-tax profit

    Record third-quarter and nine-month income and pre-tax profit DBS Group Holdings 3Q 2025 financial results November 6, 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 pre

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