DBS Group Holdings Ltd (BKK:DBS19)

DBS Group Holdings Income Statement

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	-	30,927	27,862	15,927	10,185	12,208
Interest Paid on Deposits	-	16,503	14,220	4,986	1,745	3,132
Net Interest Income	14,600	14,424	13,642	10,941	8,440	9,076
Net Interest Income Growth (YoY)	5.22%	5.73%	24.69%	29.63%	-7.01%	-5.70%
Income From Trading Activities	3,381	3,381	2,866	2,313	1,791	1,405
Gain (Loss) on Sale of Assets	116	116	2	3	17	8
Gain (Loss) on Sale of Investments	76	76	89	-46	140	428
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	61
Other Non-Interest Income	4,472	4,300	3,545	3,291	3,800	3,614
Total Non-Interest Income	8,045	7,873	6,502	5,561	5,748	5,516
Non-Interest Income Growth (YoY)	16.78%	21.09%	16.92%	-3.25%	4.21%	12.14%
Revenues Before Loan Losses	22,645	22,297	20,144	16,502	14,188	14,592
Provision for Loan Losses	812	622	590	237	52	3,066
Revenue	21,833	21,675	19,554	16,265	14,136	11,526
Revenue Growth (YoY)	8.08%	10.85%	20.22%	15.06%	22.64%	-16.73%
Salaries and Employee Benefits	5,541	5,422	4,878	4,250	3,745	3,419
Amortization of Goodwill & Intangibles	23	23	9	-	-	-
Selling, General & Administrative	625	625	607	318	341	381
Other Non-Interest Expense	2,982	2,966	2,803	2,514	2,379	2,358
Total Non-Interest Expense	8,900	8,791	8,086	6,883	6,256	6,158
EBT Excluding Unusual Items	12,933	12,884	11,468	9,382	7,880	5,368
Other Unusual Items	-	-	18	-	-100	-
Pretax Income	12,933	12,884	11,486	9,382	7,780	5,368
Income Tax Expense	1,702	1,594	1,423	1,188	973	612
Earnings From Continuing Operations	11,231	11,290	10,063	8,194	6,807	4,756
Minority Interest in Earnings	-1	-1	-1	-1	-2	-35
Net Income	11,230	11,289	10,062	8,193	6,805	4,721
Preferred Dividends & Other Adjustments	84	84	84	85	109	115
Net Income to Common	11,146	11,205	9,978	8,108	6,696	4,606
Net Income Growth	7.50%	12.19%	22.81%	20.40%	44.14%	-26.13%
Basic Shares Outstanding	2,840	2,843	2,836	2,830	2,819	2,798
Diluted Shares Outstanding	2,840	2,843	2,836	2,830	2,819	2,798
Shares Change (YoY)	-	0.25%	0.21%	0.41%	0.75%	-0.48%
EPS (Basic)	3.92	3.94	3.52	2.86	2.38	1.65
EPS (Diluted)	3.92	3.94	3.52	2.86	2.38	1.65
EPS Growth	-	12.02%	22.81%	20.59%	44.29%	-26.52%
Dividend Per Share	2.479	2.220	1.750	1.364	1.091	0.791
Dividend Growth	33.67%	26.86%	28.34%	25.00%	37.93%	-29.27%
Effective Tax Rate	13.16%	12.37%	12.39%	12.66%	12.51%	11.40%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.