Dbs Group Holdings Ltd · SGX:D05

Dbs — Q1 2024 Earnings Presentation

6 slides from Dbs's earnings presentation, May 2, 2024

  1. Slide 1: CEO observations: DBS Group Holdings 1Q 2024 financial results

    CEO observations DBS Group Holdings 1Q 2024 financial results May 2, 2024 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 no liability whatsoeve

  2. Slide 2: Strong start to the year

    Strong start to the year  Record 1Q performance o Total income and net profit reach new highs, ROE at record 19.4%  Loan growth better than recent quarters o Loans increase 1% qoq, driven by a broad-based 3% rise in non-trade corporate loans  Group NIM stable, underlying trends in line with guida

  3. Slide 3: Strong start to the year

    Strong start to the year  Net fee income crosses $1bn for the first time o Wealth management fees rise from stronger market sentiment and an expanded AUM base, card fees from higher spending o Both increases additionally boosted by base effects, including Citi Taiwan consolidation  Treasury custom

  4. Slide 4: Will continue to focus on technology resiliency

    Notwithstanding MAS decision not to extend 6-month pause on non-essential activities, will continue to focus on technology resiliency  Progress made in executing on technology resiliency roadmap, enabling: o Greater service availability o Alternate channels for payments and account enquiries should

  5. Slide 5: Outlook

    Outlook  Geopolitical risks persist, but macroeconomic conditions remain resilient  Group net interest income to be modestly better than 2023 levels  Commercial book non-interest income growth to be in mid-to-high teens percent o Better-than-expected momentum in wealth management and treasury cus

  6. Slide 6: CEO observations

    CEO observations DBS Group Holdings 1Q 2024 financial results May 2, 2024 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 no liability whatsoeve

DBS Group Holdings — Q1 2024 Earnings Presentation on 6ix