Home Capital Results

DBS reports 31% higher net profit of $1.70 bil in 3QFY21; declares quarterly dividend of 33 cents

Felicia Tan
Felicia Tan11/5/2021 7:32 AM GMT+08  • 4 min read
DBS reports 31% higher net profit of $1.70 bil in 3QFY21; declares quarterly dividend of 33 cents
In the 9MFY2021, DBS reported a record net profit of $5.41 billion, up 46% y-o-y on the back of broad-based growth.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

DBS Group Holdings has reported net profit of $1.70 billion for the 3QFY2021 ended September, 31% higher than net profit of $1.30 billion in the same period the year before.

In a bourse filing on Nov 5, the bank also reported that total income during the quarter dipped 0.45% y-o-y to $3.56 billion, from the $3.58 billion in the 3QFY2020.

3QFY2021 net interest income (NII) slid 3% y-o-y to $2.10 billion. On a q-o-q basis, NII stood 1% up as the bank’s 2% loan growth was moderated by the 2-basis point (bp) decline in net interest margin (NIM).

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.