- DBS's 2022 net profit up 20% y-o-y, beating expectations – See DBS's announcements.
- Final dividend of S$0.42/share and special dividend of S$0.50/share proposed – See DBS's dividend history.
- - Read this at SGinvestors.io -
DBS' 4Q22 earnings driven by strong NII growth
- DBS (SGX:D05)'s 4Q22 total income of S$4.59b grew +41% y-o-y/+2% q-o-q driven by +53% y-o-y/+9% q-o-q growth in NII while trading and investment gains picked up from a low base. 4Q22 net profit grew +68% y-o-y/+5% q-o-q to S$2.34b as higher NII and lower general allowances more than mitigated lower non-interest income.
- - Read this at SGinvestors.io -
- CASA ratio fell to 60% (3Q22: 66%), close to previous cycle low in 2019 (58%). Cost income ratio (CIR) was 2.2 percentage points (ppt) higher q-o-q. ROE of 17.2% marked a new quarterly high (3Q22’s 16.3%).
FY22 earnings beat, special dividend proposed
- Read more at SGinvestors.io.
