Financial Ratios DBS Group Holdings Ltd

Equities

D05

SG1L01001701

Banks

Market Closed - Singapore S.E. Other stock markets 04:12:03 2025-01-24 am EST			5-day change	1st Jan Change
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Jan. 20	Global markets live: Chevron, Amazon, GSK, Intel, Zalando...
Jan. 19	Vertical Theme Considers Sale of Stake in Alliance Bank Malaysia to DBS Group	MT

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Published financial data: DBS GROUP HOLDINGS LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	15.59B	12.21B	10.18B	15.93B	27.86B
Interest Income, Total	15.59B	12.21B	10.18B	15.93B	27.86B
Interest On Deposits	5.97B	3.13B	1.74B	4.99B	14.22B
Interest Expense, Total	5.97B	3.13B	1.74B	4.99B	14.22B
Net Interest Income	9.62B	9.08B	8.44B	10.94B	13.64B
Income From Trading Activities	1.46B	1.4B	1.79B	2.31B	2.87B
Gain (Loss) on Sale of Assets	1M	8M	17M	3M	2M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	143M	428M	140M	-46M	89M
Income (Loss) on Equity Invest. (Income Block)	50M	61M	213M	-	-
Total Other Non Interest Income	3.27B	3.61B	3.8B	3.29B	3.54B
Non Interest Income, Total	4.92B	5.52B	5.96B	5.56B	6.5B
Revenues Before Provison For Loan Losses	14.54B	14.59B	14.4B	16.5B	20.14B
Provision For Loan Losses	703M	3.07B	52M	237M	590M
Total Revenues	13.84B	11.53B	14.35B	16.26B	19.55B
Salaries And Other Employee Benefits	3.39B	3.42B	3.74B	4.25B	4.86B
Stock-Based Compensation (IS)	-	-	-	8M	3M
Amort. of Goodwill & Intang. Assets	-	-	-	-	9M
Selling General & Admin Expenses, Total	368M	381M	345M	318M	402M
(Income) Loss on Equity Invest.	-	-	-	-207M	-214M
Total Other Non Interest Expense	2.5B	2.36B	2.48B	2.51B	2.79B
Non Interest Expense, Total	6.26B	6.16B	6.57B	6.88B	7.85B
EBT, Excl. Unusual Items	7.58B	5.37B	7.78B	9.38B	11.7B
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-217M
EBT, Incl. Unusual Items	7.58B	5.37B	7.78B	9.38B	11.49B
Income Tax Expense	1.15B	612M	973M	1.19B	1.42B
Earnings From Continuing Operations	6.43B	4.76B	6.81B	8.19B	10.06B
Net Income to Company	6.43B	4.76B	6.81B	8.19B	10.06B
Minority Interest	-38M	-35M	-2M	-1M	-1M
Net Income - (IS)	6.39B	4.72B	6.8B	8.19B	10.06B
Preferred Dividend and Other Adjustments	92M	115M	109M	85M	84M
Net Income to Common Incl Extra Items	6.3B	4.61B	6.7B	8.11B	9.98B
Net Income to Common Excl. Extra Items	6.3B	4.61B	6.7B	8.11B	9.98B
Per Share Items
Net EPS - Basic	2.24	1.65	2.38	2.86	3.52
Basic EPS - Continuing Operations	2.24	1.65	2.38	2.86	3.52
Basic Weighted Average Shares Outstanding	2.81B	2.8B	2.82B	2.83B	2.84B
Net EPS - Diluted	2.24	1.65	2.38	2.86	3.52
Diluted EPS - Continuing Operations	2.24	1.65	2.38	2.86	3.52
Diluted Weighted Average Shares Outstanding	2.81B	2.8B	2.82B	2.83B	2.84B
Normalized Basic EPS	1.67	1.19	1.72	2.07	2.58
Normalized Diluted EPS	1.67	1.19	1.72	2.07	2.58
Dividend Per Share	1.12	0.79	1.09	1.36	1.75
Payout Ratio	61.51	51.07	35.15	46.25	46.95
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
Effective Tax Rate - (Ratio)	15.22	11.4	12.51	12.66	12.39
Total Current Taxes	1.11B	733M	913M	1.21B	1.39B
Total Deferred Taxes	40M	-121M	60M	-21M	35M
Normalized Net Income	4.7B	3.32B	4.86B	5.86B	7.31B
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	120M	131M	134M	126M	175M
Stock-Based Comp., Other (Total)	-	-	-	8M	3M
Total Stock-Based Compensation	120M	131M	134M	134M	178M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	19.94B	42.2B	46.69B	43.98B	39.88B
Investment Securities, Total	88.46B	88.03B	89.63B	129B	142B
Trading Asset Securities, Total	43.08B	61.1B	55.18B	44.94B	22.7B
Total investments	132B	149B	145B	174B	164B
Gross Loans	362B	378B	415B	420B	422B
Allowance For Loan Losses	-4.54B	-6.6B	-6.08B	-5.76B	-5.99B
Net Loans	358B	371B	409B	415B	416B
Gross Property Plant And Equipment	3.67B	3.62B	-	-	-
Accumulated Depreciation	-1.3B	-1.24B	-	-	-
Net Property Plant And Equipment	2.37B	2.38B	2.18B	2.02B	2.34B
Goodwill	-	5.32B	5.36B	5.34B	6.08B
Other Intangibles, Total	5.99B	916M	1.04B	1.18B	1.54B
Investment in Real Estate	32M	42M	40M	39M	37M
Accrued Interest Receivable	1.57B	1.31B	1.27B	2.35B	3.1B
Other Receivables	48.83B	61.81B	61.43B	68.13B	75.02B
Restricted Cash	9.77B	14.09B	12.87B	16.4B	15.55B
Other Current Assets, Total	532M	643M	584M	711M	1.2B
Deferred Tax Assets Long-Term (Collected)	313M	624M	627M	887M	770M
Other Real Estate Owned And Foreclosed	174M	305M	178M	159M	126M
Other Long-Term Assets, Total	-	-	-	13.98B	13.23B
Total Assets	579B	650B	686B	743B	739B
Liabilities
Interest Bearing Deposits	323B	323B	343B	396B	426B
Non-Interest Bearing Deposits	81.01B	142B	159B	131B	109B
Total Deposits	404B	465B	502B	527B	535B
Short-Term Borrowings	43.43B	54.25B	45.18B	64.32B	27B
Current Portion of Long-Term Debt	38.29B	36.36B	38.63B	49.72B	67.97B
Long-Term Debt	20.24B	17.76B	23.92B	22.51B	24.59B
Long-Term Leases	1.74B	1.7B	1.52B	1.39B	1.47B
Current Income Taxes Payable	1.14B	740M	964M	1.06B	1.1B
Accrued Interest Payable	820M	396M	286M	1.21B	2.09B
Other Current Liabilities - (Bank / Utility Template)	3.45B	4.5B	4.65B	6.51B	5.54B
Unearned Revenue Non Current	1.17B	1.07B	960M	864M	768M
Deferred Tax Liability Non-Current	200M	110M	81M	56M	108M
Other Non Current Liabilities	12.38B	13.56B	10.21B	11.66B	11.31B
Total Liabilities	527B	595B	628B	686B	677B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	11.2B	11.48B	11.83B	11.83B	11.83B
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	34.02B	35.98B	40.04B	44.35B	48.09B
Treasury Stock	-257M	-542M	-443M	-331M	-222M
Comprehensive Income and Other	6.02B	7.7B	6.11B	1.04B	2.37B
Total Common Equity	50.98B	54.63B	57.53B	56.89B	62.06B
Minority Interest	818M	17M	188M	185M	182M
Total Equity	51.8B	54.64B	57.71B	57.07B	62.25B
Total Liabilities And Equity	579B	650B	686B	743B	739B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.82B	2.81B	2.83B	2.83B	2.84B
ECS Total Common Shares Outstanding	2.81B	2.81B	2.83B	2.83B	2.84B
Book Value / Share	17.43	18.25	19.52	19.25	21.03
Tangible Book Value	44.99B	48.39B	51.12B	50.37B	54.44B
Tangible Book Value Per Share	15.3	16.03	17.25	16.95	18.35
Total Debt	104B	110B	109B	138B	121B
Deposits at Interest - Cash	17.63B	39.79B	44.55B	41.46B	37.45B
Net Debt	40.67B	6.78B	7.39B	49.03B	58.45B
Equity Method Investments, Total	835M	862M	2.17B	2.28B	2.49B
Full Time Employees	28.53K	29K	33K	36K	40K
Part Time Employees	-	-	-	-	-
Number Of Offices	-	-	-	520	520

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	6.39B	4.72B	6.8B	8.19B	10.06B
Depreciation, Depletion & Amortization	397M	412M	408M	401M	407M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	9M
Total Depreciation, Depletion & Amortization	397M	412M	408M	401M	416M
Amortization of Deferred Charges, Total	212M	236M	261M	300M	330M
(Gain) Loss On Sale of Asset - (CF)	26M	38M	13M	50M	1M
(Gain) Loss on Sale of Investments - (CF)	-2M	-	-	5M	26M
Total Asset Writedown	-3M	-	-	-	-
Provision for Credit Losses	640M	2.89B	24M	225M	544M
(Income) Loss On Equity Investments - (CF)	-50M	-61M	-213M	-207M	-214M
Stock-Based Compensation (CF)	120M	131M	134M	134M	178M
Change in Other Net Operating Assets (Collected)	-7.85B	-39.41B	-32.89B	-37.5B	-6.18B
Other Operating Activities	396M	-1.23B	24M	154M	9M
Cash from Operations	278M	-32.28B	-25.43B	-28.24B	5.17B
Capital Expenditure	-586M	-547M	-567M	-669M	-718M
Sale of Property, Plant, and Equipment	2M	8M	22M	3M	2M
Cash Acquisitions	-13M	93M	-	-	1.44B
Divestitures	-	-	-	-	49M
Investment in Marketable and Equity Securities, Total	21M	-	-1.1B	-114M	-124M
Other Investing Activities, Total	29M	31M	42M	86M	81M
Cash from Investing	-547M	-415M	-1.6B	-694M	727M
Long-Term Debt Issued, Total	-	-	1B	-	-
Total Debt Issued	-	-	1B	-	-
Long-Term Debt Repaid, Total	-	-	-257M	-	-3.06B
Total Debt Repaid	-	-	-257M	-	-3.06B
Issuance of Common Stock	-	1.39B	-	-	-
Repurchase of Common Stock	-919M	-447M	-1.02B	-11M	-20M
Common Dividends Paid	-3.93B	-2.41B	-2.39B	-3.79B	-4.72B
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-3.93B	-2.41B	-2.39B	-3.79B	-4.72B
Net Increase (Decrease) in Deposit Accounts - (CF)	10.91B	57.16B	33.16B	31.01B	-6M
Special Dividend Paid	-	-	-	-	-1.29B
Other Financing Activities, Total	-114M	-903M	91M	-86M	-99M
Cash from Financing	5.94B	54.8B	30.58B	27.12B	-9.2B
Foreign Exchange Rate Adjustments	39M	170M	940M	-903M	-805M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	5.71B	22.27B	4.49B	-2.71B	-4.1B
Supplemental Items
Cash Interest Paid	76M	66M	64M	86M	92M
Cash Income Tax Paid (Refund)	635M	1.19B	698M	1.04B	1.32B
Net Debt Issued / Repaid	-	-	743M	-	-3.06B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.14	0.77	1.02	1.15	1.36
Return On Equity %	12.65	8.94	12.12	14.28	16.87
Return on Common Equity	12.59	8.72	11.94	14.17	16.78
Shareholders Value Added	389M	-1.62B	75.88M	1.33B	2.93B
Margin Analysis
SG&A Margin	27.18	32.97	28.48	28.08	26.92
Net Interest Income / Total Revenues %	69.54	78.74	58.82	67.27	69.77
EBT Excl. Non-Recurring Items Margin %	54.79	46.57	54.22	57.68	59.85
Income From Continuing Operations Margin %	46.45	41.26	47.44	50.38	51.46
Net Income Margin %	46.17	40.96	47.42	50.37	51.46
Net Avail. For Common Margin %	45.51	39.96	46.67	49.85	51.03
Normalized Net Income Margin	33.97	28.8	33.87	36.05	37.4
Asset quality
Nonperforming Loans / Total Loans %	1.49	1.6	1.27	1.13	1.11
Nonperforming Loans / Total Assets %	0.93	0.93	0.77	0.64	0.64
Nonperforming Assets / Total Assets %	1	1.03	0.85	0.69	0.68
NPAs / Loans and OREO	1.59	1.77	1.41	1.22	1.2
NPAs / Equity	11.14	12.24	10.13	8.98	8.12
Allowance for Credit Losses / Net Charge-offs %	540.19	884.58	948.36	813.12	1.17K
Allowance for Credit Losses / Nonperforming Loans %	84.1	108.91	114.91	121.14	127.51
Allowance for Credit Losses / Total Loans %	1.25	1.75	1.46	1.37	1.42
Provision for Loan Losses / Net Charge-offs %	83.59	410.99	8.11	33.43	115.69
Capital And Funding
Total Average Common Equity / Total Average Assets %	8.85	8.59	8.39	8	8.02
Total Average Equity / Total Average Assets %	9	8.66	8.41	8.03	8.05
Total Equity + Allowance for Loan Losses / Total Loans %	15.32	16.21	15.32	14.91	16.12
Gross Loans / Total Deposits %	89.65	81.27	82.69	79.75	78.89
Net Loans / Total Deposits %	88.52	79.85	81.48	78.66	77.77
Tier 1 Capital Ratio %	15	15	15.1	15.2	15.3
Total Capital Ratio %	16.7	16.8	17	17	16.1
Core Tier 1 Capital Ratio	14.1	13.9	14.4	14.6	14.6
Tier 2 Capital Ratio	1.72	1.79	1.92	1.78	0.85
Coverage Ratio	84.1	108.91	114.91	121.14	127.51
Interbank Ratio	165.46	180.25	170.07	151.52	144.44
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.27	2.71	5.46	2.88	1.81
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	7.48	-5.7	-7.01	29.63	24.69
Non Interest Income, 1 Yr. Growth %	16.34	12.14	8.07	-3.25	16.92
Provision For Loan Losses, 1 Yr. Growth %	-0.99	336.13	-98.3	355.77	148.95
Total Revenues, 1 Yr. Growth %	10.97	-16.73	24.49	15.06	20.22
Earnings From Cont. Operations, 1 Yr. Growth %	13.73	-26.02	43.12	20.38	22.81
Net Income, 1 Yr. Growth %	14.6	-26.13	44.14	20.4	22.81
Normalized Net Income, 1 Yr. Growth %	15.06	-29.38	46.4	19.09	24.74
Diluted EPS Before Extra, 1 Yr. Growth %	14.89	-26.52	44.29	20.59	22.8
Dividend Per Share, 1 Yr. Growth %	2.5	-29.27	37.93	25	28.01
Gross Loans, 1 Yr. Growth %	3.66	4.23	9.87	1.26	0.44
Allowance For Loan Losses, 1 Yr. Growth %	-2.13	45.26	-7.88	-5.17	3.89
Net Loans, 1 Yr. Growth %	3.73	3.71	10.19	1.35	0.4
Non Performing Loans, 1 Yr. Growth %	2.88	12.16	-12.69	-10.04	-1.3
Non Performing Assets, 1 Yr. Growth %	1.57	15.82	-12.52	-12.38	-1.35
Total Assets, 1 Yr. Growth %	5.12	12.26	5.56	8.35	-0.55
Total Deposits, 1 Yr Growth %