Cash flow DBS Group Holdings Ltd

Equities

D05

SG1L01001701

Banks

Market Closed - Singapore S.E. Other stock markets 04:13:29 2025-12-16 am EST			5-day change	1st Jan Change
55.49 ^SGD	+0.36%		+2.82%	+26.92%

Dec. 16	DBS, OCBC Shares Clock New Intraday Highs on Capital-Return Prospects	DJ
Dec. 15	China Designates DBS as Singaporean Clearing Bank for Renminbi	MT

10d1f44a89cbefd3ac6ec853b3b.GsjgjU8j2z4gyYt7YM7cJs2bVO3cvDj9PFQ58KrVrNo.XvvZ9yZ2t1tzgOA3JLyEF4GoOoKtzmHPejwKk_Ob47RohY68DUudCm-Z5A

Published financial data: DBS GROUP HOLDINGS LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	12.21B	10.18B	15.93B	27.86B	30.93B
Interest Income, Total	12.21B	10.18B	15.93B	27.86B	30.93B
Interest On Deposits	3.13B	1.74B	4.99B	14.22B	16.5B
Interest Expense, Total	3.13B	1.74B	4.99B	14.22B	16.5B
Net Interest Income	9.08B	8.44B	10.94B	13.64B	14.42B
Income From Trading Activities	1.4B	1.79B	2.31B	2.87B	3.38B
Gain (Loss) on Sale of Assets	8M	17M	3M	2M	116M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	428M	140M	-46M	89M	76M
Income (Loss) on Equity Invest. (Income Block)	61M	213M	-	-	-
Total Other Non Interest Income	3.61B	3.8B	3.29B	3.54B	4.3B
Non Interest Income, Total	5.52B	5.96B	5.56B	6.5B	7.87B
Revenues Before Provison For Loan Losses	14.59B	14.4B	16.5B	20.14B	22.3B
Provision For Loan Losses	3.07B	52M	237M	590M	622M
Total Revenues	11.53B	14.35B	16.26B	19.55B	21.68B
Salaries And Other Employee Benefits	3.42B	3.74B	4.25B	4.86B	5.42B
Stock-Based Compensation (IS)	-	-	8M	3M	5M
Amort. of Goodwill & Intang. Assets	-	-	-	9M	23M
Selling General & Admin Expenses, Total	381M	345M	318M	402M	625M
(Income) Loss on Equity Invest.	-	-	-207M	-214M	-250M
Total Other Non Interest Expense	2.36B	2.48B	2.51B	2.79B	2.97B
Non Interest Expense, Total	6.16B	6.57B	6.88B	7.85B	8.79B
EBT, Excl. Unusual Items	5.37B	7.78B	9.38B	11.7B	12.88B
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-217M	-
EBT, Incl. Unusual Items	5.37B	7.78B	9.38B	11.49B	12.88B
Income Tax Expense	612M	973M	1.19B	1.42B	1.59B
Earnings From Continuing Operations	4.76B	6.81B	8.19B	10.06B	11.29B
Net Income to Company	4.76B	6.81B	8.19B	10.06B	11.29B
Minority Interest	-35M	-2M	-1M	-1M	-1M
Net Income - (IS)	4.72B	6.8B	8.19B	10.06B	11.29B
Preferred Dividend and Other Adjustments	115M	109M	85M	84M	84M
Net Income to Common Incl Extra Items	4.61B	6.7B	8.11B	9.98B	11.2B
Net Income to Common Excl. Extra Items	4.61B	6.7B	8.11B	9.98B	11.2B
Per Share Items
Net EPS - Basic	1.65	2.38	2.86	3.52	3.94
Basic EPS - Continuing Operations	1.65	2.38	2.86	3.52	3.94
Basic Weighted Average Shares Outstanding	2.8B	2.82B	2.83B	2.84B	2.84B
Net EPS - Diluted	1.65	2.38	2.86	3.52	3.94
Diluted EPS - Continuing Operations	1.65	2.38	2.86	3.52	3.94
Diluted Weighted Average Shares Outstanding	2.8B	2.82B	2.83B	2.84B	2.84B
Normalized Basic EPS	1.19	1.72	2.07	2.58	2.83
Normalized Diluted EPS	1.19	1.72	2.07	2.58	2.83
Dividend Per Share	0.79	1.09	1.36	1.75	2.22
Payout Ratio	51.07	35.15	46.25	46.95	53.88
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
Effective Tax Rate - (Ratio)	11.4	12.51	12.66	12.39	12.37
Total Current Taxes	733M	913M	1.21B	1.39B	1.59B
Total Deferred Taxes	-121M	60M	-21M	35M	3M
Normalized Net Income	3.32B	4.86B	5.86B	7.31B	8.05B
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	131M	134M	126M	175M	172M
Stock-Based Comp., Other (Total)	-	-	8M	3M	5M
Total Stock-Based Compensation	131M	134M	134M	178M	177M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	42.2B	46.69B	43.98B	39.88B	47.35B
Investment Securities, Total	88.03B	89.63B	129B	142B	172B
Trading Asset Securities, Total	61.1B	55.18B	44.94B	22.7B	27.9B
Total investments	149B	145B	174B	164B	200B
Gross Loans	378B	415B	420B	422B	437B
Allowance For Loan Losses	-6.6B	-6.08B	-5.76B	-5.99B	-6.09B
Net Loans	371B	409B	415B	416B	431B
Gross Property Plant And Equipment	3.62B	-	-	-	-
Accumulated Depreciation	-1.24B	-	-	-	-
Net Property Plant And Equipment	2.38B	2.18B	2.02B	2.34B	2.24B
Goodwill	5.32B	5.36B	5.34B	6.08B	6.17B
Other Intangibles, Total	916M	1.04B	1.18B	1.54B	1.56B
Investment in Real Estate	42M	40M	39M	37M	277M
Accrued Interest Receivable	1.31B	1.27B	2.35B	3.1B	3.19B
Other Receivables	61.81B	61.43B	68.13B	75.02B	101B
Restricted Cash	14.09B	12.87B	16.4B	15.55B	15.57B
Other Current Assets, Total	643M	584M	711M	1.2B	1.1B
Deferred Tax Assets Long-Term (Collected)	624M	627M	887M	770M	844M
Other Real Estate Owned And Foreclosed	305M	178M	159M	126M	104M
Other Long-Term Assets, Total	-	-	13.98B	13.23B	17.2B
Total Assets	650B	686B	743B	739B	827B
Liabilities
Interest Bearing Deposits	323B	343B	396B	426B	454B
Non-Interest Bearing Deposits	142B	159B	131B	109B	108B
Total Deposits	465B	502B	527B	535B	562B
Short-Term Borrowings	54.25B	45.18B	64.32B	27B	42.36B
Current Portion of Long-Term Debt	36.36B	38.63B	49.72B	67.97B	92.6B
Long-Term Debt	17.76B	23.92B	22.51B	24.59B	25.06B
Long-Term Leases	1.7B	1.52B	1.39B	1.47B	1.35B
Current Income Taxes Payable	740M	964M	1.06B	1.1B	1.26B
Accrued Interest Payable	396M	286M	1.21B	2.09B	2.09B
Other Current Liabilities - (Bank / Utility Template)	4.5B	4.65B	6.51B	5.54B	8B
Unearned Revenue Non Current	1.07B	960M	864M	768M	672M
Deferred Tax Liability Non-Current	110M	81M	56M	108M	155M
Other Non Current Liabilities	13.56B	10.21B	11.66B	11.31B	23.13B
Total Liabilities	595B	628B	686B	677B	758B
Common Stock, Total	11.48B	11.83B	11.83B	11.83B	11.83B
Retained Earnings	35.98B	40.04B	44.35B	48.09B	53.16B
Treasury Stock	-542M	-443M	-331M	-222M	-289M
Comprehensive Income and Other	7.7B	6.11B	1.04B	2.37B	4.09B
Total Common Equity	54.63B	57.53B	56.89B	62.06B	68.79B
Minority Interest	17M	188M	185M	182M	47M
Total Equity	54.64B	57.71B	57.07B	62.25B	68.83B
Total Liabilities And Equity	650B	686B	743B	739B	827B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.81B	2.83B	2.83B	2.84B	2.84B
ECS Total Common Shares Outstanding	2.81B	2.83B	2.83B	2.84B	2.84B
Book Value / Share	18.25	19.52	19.25	21.03	23.38
Tangible Book Value	48.39B	51.12B	50.37B	54.44B	61.06B
Tangible Book Value Per Share	16.03	17.25	16.95	18.35	20.66
Total Debt	110B	109B	138B	121B	161B
Deposits at Interest - Cash	39.79B	44.55B	41.46B	37.45B	45.11B
Net Debt	6.78B	7.39B	49.03B	58.45B	86.11B
Equity Method Investments, Total	862M	2.17B	2.28B	2.49B	3.07B
Full Time Employees	29K	33K	36K	40K	41K
Part Time Employees	-	-	-	-	-
Number Of Offices	-	-	520	520	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	4.72B	6.8B	8.19B	10.06B	11.29B
Depreciation, Depletion & Amortization	412M	408M	401M	407M	442M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	9M	23M
Total Depreciation, Depletion & Amortization	412M	408M	401M	416M	465M
Amortization of Deferred Charges, Total	236M	261M	300M	330M	364M
(Gain) Loss On Sale of Asset - (CF)	38M	13M	50M	1M	-85M
(Gain) Loss on Sale of Investments - (CF)	-	-	5M	26M	-36M
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	2.89B	24M	225M	544M	625M
(Income) Loss On Equity Investments - (CF)	-61M	-213M	-207M	-214M	-250M
Stock-Based Compensation (CF)	131M	134M	134M	178M	177M
Change in Other Net Operating Assets (Collected)	-39.41B	-32.89B	-37.5B	-6.18B	-20.38B
Other Operating Activities	-1.23B	24M	154M	9M	93M
Cash from Operations	-32.28B	-25.43B	-28.24B	5.17B	-7.73B
Capital Expenditure	-547M	-567M	-669M	-718M	-916M
Sale of Property, Plant, and Equipment	8M	22M	3M	2M	134M
Cash Acquisitions	93M	-	-	1.44B	-152M
Divestitures	-	-	-	49M	-
Investment in Marketable and Equity Securities, Total	-	-1.1B	-114M	-124M	-431M
Other Investing Activities, Total	31M	42M	86M	81M	122M
Cash from Investing	-415M	-1.6B	-694M	727M	-1.24B
Long-Term Debt Issued, Total	-	1B	-	-	-
Total Debt Issued	-	1B	-	-	-
Long-Term Debt Repaid, Total	-	-257M	-	-3.06B	-265M
Total Debt Repaid	-	-257M	-	-3.06B	-265M
Issuance of Common Stock	1.39B	-	-	-	-
Repurchase of Common Stock	-447M	-1.02B	-11M	-20M	-213M
Common Dividends Paid	-2.41B	-2.39B	-3.79B	-4.72B	-6.08B
Common & Preferred Stock Dividends Paid	-2.41B	-2.39B	-3.79B	-4.72B	-6.08B
Net Increase (Decrease) in Deposit Accounts - (CF)	57.16B	33.16B	31.01B	-6M	23.08B
Special Dividend Paid	-	-	-	-1.29B	-
Other Financing Activities, Total	-903M	91M	-86M	-99M	-43M
Cash from Financing	54.8B	30.58B	27.12B	-9.2B	16.47B
Foreign Exchange Rate Adjustments	170M	940M	-903M	-805M	-17M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	22.27B	4.49B	-2.71B	-4.1B	7.48B
Supplemental Items
Cash Interest Paid	66M	64M	86M	92M	43M
Cash Income Tax Paid (Refund)	1.19B	698M	1.04B	1.32B	1.44B
Net Debt Issued / Repaid	-	743M	-	-3.06B	-265M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.77	1.02	1.15	1.36	1.44
Return On Equity %	8.94	12.12	14.28	16.87	17.23
Return on Common Equity	8.72	11.94	14.17	16.78	17.13
Shareholders Value Added	-1.62B	75.88M	1.33B	2.93B	3.46B
Margin Analysis
SG&A Margin	32.97	28.48	28.08	26.92	27.9
Net Interest Income / Total Revenues %	78.74	58.82	67.27	69.77	66.55
EBT Excl. Non-Recurring Items Margin %	46.57	54.22	57.68	59.85	59.44
Income From Continuing Operations Margin %	41.26	47.44	50.38	51.46	52.09
Net Income Margin %	40.96	47.42	50.37	51.46	52.08
Net Avail. For Common Margin %	39.96	46.67	49.85	51.03	51.7
Normalized Net Income Margin	28.8	33.87	36.05	37.4	37.15
Asset quality
Nonperforming Loans / Total Loans %	1.6	1.27	1.13	1.11	1.09
Nonperforming Loans / Total Assets %	0.93	0.77	0.64	0.64	0.58
Nonperforming Assets / Total Assets %	1.03	0.85	0.69	0.68	0.61
NPAs / Loans and OREO	1.77	1.41	1.22	1.2	1.15
NPAs / Equity	12.24	10.13	8.98	8.12	7.32
Allowance for Credit Losses / Net Charge-offs %	884.58	948.36	813.12	1.17K	953.05
Allowance for Credit Losses / Nonperforming Loans %	108.91	114.91	121.14	127.51	127.41
Allowance for Credit Losses / Total Loans %	1.75	1.46	1.37	1.42	1.39
Provision for Loan Losses / Net Charge-offs %	410.99	8.11	33.43	115.69	97.34
Capital And Funding
Total Average Common Equity / Total Average Assets %	8.59	8.39	8	8.02	8.35
Total Average Equity / Total Average Assets %	8.66	8.41	8.03	8.05	8.37
Total Equity + Allowance for Loan Losses / Total Loans %	16.21	15.32	14.91	16.12	17.15
Gross Loans / Total Deposits %	81.27	82.69	79.75	78.89	77.74
Net Loans / Total Deposits %	79.85	81.48	78.66	77.77	76.65
Tier 1 Capital Ratio %	15	15.1	15.2	15.3	17.7
Total Capital Ratio %	16.8	17	17	16.1	18.6
Core Tier 1 Capital Ratio	13.9	14.4	14.6	14.6	17
Tier 2 Capital Ratio	1.79	1.92	1.78	0.85	0.91
Coverage Ratio	108.91	114.91	121.14	127.51	127.41
Interbank Ratio	180.25	170.07	151.52	144.44	125.31
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.71	5.46	2.88	1.81	1.78
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-5.7	-7.01	29.63	24.69	5.73
Non Interest Income, 1 Yr. Growth %	12.14	8.07	-3.25	16.92	21.09
Provision For Loan Losses, 1 Yr. Growth %	336.13	-98.3	355.77	148.95	5.42
Total Revenues, 1 Yr. Growth %	-16.73	24.49	15.06	20.22	10.85
Earnings From Cont. Operations, 1 Yr. Growth %	-26.02	43.12	20.38	22.81	12.19
Net Income, 1 Yr. Growth %	-26.13	44.14	20.4	22.81	12.19
Normalized Net Income, 1 Yr. Growth %	-29.38	46.4	19.09	24.74	12.35
Diluted EPS Before Extra, 1 Yr. Growth %	-26.52	44.29	20.59	22.8	12.02
Dividend Per Share, 1 Yr. Growth %	-29.27	37.93	25	28.01	26.86
Gross Loans, 1 Yr. Growth %	4.23	9.87	1.26	0.44	3.44
Allowance For Loan Losses, 1 Yr. Growth %	45.26	-7.88	-5.17	3.89	1.69
Net Loans, 1 Yr. Growth %	3.71	10.19	1.35	0.4	3.47
Non Performing Loans, 1 Yr. Growth %	12.16	-12.69	-10.04	-1.3	1.77
Non Performing Assets, 1 Yr. Growth %	15.82	-12.52	-12.38	-1.35	-0.4
Total Assets, 1 Yr. Growth %	12.26	5.56	8.35	-0.55	11.89
Total Deposits, 1 Yr Growth %	14.98	7.98	4.99	1.54	4.98
Tangible Book Value, 1 Yr. Growth %	7.55	5.65	-1.48	8.09	12.15
Common Equity, 1 Yr. Growth %	7.15	5.31	-1.11	9.1	10.83
Total Equity, 1 Yr. Growth %	5.49	5.62	-1.11	9.07	10.58
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	0.67	-6.36	9.79	27.14	14.82
Non Interest Income, 2 Yr. CAGR %	14.22	10.08	0.41	6.36	18.99
Provision For Loan Losses, 2 Yr. CAGR %	107.81	-72.8	-72.2	236.84	62
Total Revenues, 2 Yr. CAGR %	-3.87	1.82	18.79	17.61	15.44
Earnings From Cont. Operations, 2 Yr. CAGR %	-8.28	2.9	31.26	21.59	17.38
Net Income, 2 Yr. CAGR %	-7.99	3.19	31.74	21.6	17.38
Normalized Net Income, 2 Yr. CAGR %	-9.86	1.68	32.89	21.88	17.19
Diluted EPS Before Extra, 2 Yr. CAGR %	-8.12	2.97	31.91	21.69	17.29
Dividend Per Share, 2 Yr. CAGR %	-14.85	-1.23	31.31	26.49	27.59
Gross Loans, 2 Yr. CAGR %	3.94	7.02	5.48	0.85	1.93
Allowance For Loan Losses, 2 Yr. CAGR %	19.23	15.68	-6.53	-0.74	2.78
Net Loans, 2 Yr. CAGR %	3.72	6.9	5.68	0.87	1.92
Non Performing Loans, 2 Yr. CAGR %	7.42	-1.04	-11.37	-5.77	0.22
Non Performing Assets, 2 Yr. CAGR %	8.46	0.66	-12.45	-7.03	-0.87
Total Assets, 2 Yr. CAGR %	8.63	8.86	6.95	3.81	5.49
Total Deposits, 2 Yr CAGR %	8.65	11.43	6.48	3.25	3.24
Tangible Book Value, 2 Yr. CAGR %	5.83	6.6	2.02	3.2	10.1
Common Equity, 2 Yr. CAGR %	5.54	6.23	2.05	3.87	9.96
Total Equity, 2 Yr. CAGR %	4.67	5.56	2.2	3.85	9.82
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	5.22	-1.96	4.36	14.55	19.56
Non Interest Income, 3 Yr. CAGR %	7.16	12.13	4.17	5.63	11.06
Provision For Loan Losses, 3 Yr. CAGR %	17.42	-58.16	-30.4	-42.27	128.7
Total Revenues, 3 Yr. CAGR %	3.55	4.78	5.53	19.27	15.31
Earnings From Cont. Operations, 3 Yr. CAGR %	1.83	6.39	8.42	28.38	18.37
Net Income, 3 Yr. CAGR %	2.6	6.86	8.63	28.69	18.38
Normalized Net Income, 3 Yr. CAGR %	2.3	5.96	7.64	30.11	17.82
Diluted EPS Before Extra, 3 Yr. CAGR %	2.44	6.8	8.54	28.8	18.38
Dividend Per Share, 3 Yr. CAGR %	-2.2	0	6.84	30.2	26.72
Gross Loans, 3 Yr. CAGR %	4.85	5.88	5.06	3.77	1.71
Allowance For Loan Losses, 3 Yr. CAGR %	12.22	9.41	8.26	-3.18	0.06
Net Loans, 3 Yr. CAGR %	4.73	5.84	5.02	3.89	1.73
Non Performing Loans, 3 Yr. CAGR %	3.17	0.25	-4.14	-8.14	-3.32
Non Performing Assets, 3 Yr. CAGR %	3.27	0.96	-3.89	-8.89	-4.87
Total Assets, 3 Yr. CAGR %	7.88	7.6	8.69	4.39	6.43
Total Deposits, 3 Yr CAGR %	7.55	8.43	9.24	4.8	3.82
Tangible Book Value, 3 Yr. CAGR %	5.07	5.77	3.83	4.01	6.1
Common Equity, 3 Yr. CAGR %	4.8	5.46	3.72	4.35	6.14
Total Equity, 3 Yr. CAGR %	3.14	4.99	3.28	4.44	6.05
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	5.03	2.93	7.03	8.78	8.43
Non Interest Income, 5 Yr. CAGR %	7.53	7.34	4.4	8.99	9.86
Provision For Loan Losses, 5 Yr. CAGR %	32.28	-48.49	-34.01	-3.64	-2.42
Total Revenues, 5 Yr. CAGR %	2.51	7.37	9.4	9.41	9.39
Earnings From Cont. Operations, 5 Yr. CAGR %	0.81	9.32	12.71	12.22	11.92
Net Income, 5 Yr. CAGR %	1.17	9.93	13.39	12.53	12.05
Normalized Net Income, 5 Yr. CAGR %	0.82	9.73	13.58	12.35	11.36
Diluted EPS Before Extra, 5 Yr. CAGR %	0.46	9.45	13.34	12.52	11.96
Dividend Per Share, 5 Yr. CAGR %	7.71	14.87	10.03	9.86	14.7
Gross Loans, 5 Yr. CAGR %	5.66	6.33	5.1	3.84	3.8
Allowance For Loan Losses, 5 Yr. CAGR %	13	9.29	4.3	5.23	6.04
Net Loans, 5 Yr. CAGR %	5.55	6.29	5.11	3.82	3.77
Non Performing Loans, 5 Yr. CAGR %	18.33	3.68	-2.91	-2.21	-2.42
Non Performing Assets, 5 Yr. CAGR %	19.08	3.79	-3.33	-2.31	-2.69
Total Assets, 5 Yr. CAGR %	7.26	7.34	7.5	6.07	7.4
Total Deposits, 5 Yr CAGR %	7.74	7.64	7.12	6.32	6.8
Tangible Book Value, 5 Yr. CAGR %	6.54	5.3	3.84	4.74	6.3
Common Equity, 5 Yr. CAGR %	6.23	5.22	3.69	4.82	6.17
Total Equity, 5 Yr. CAGR %	5.01	4.21	2.76	4.53	5.85