DBS Group Holdings has reported earnings of $1.70 billion for the 2QFY2021 ended June, 37% higher than earnings of $1.25 billion in the corresponding period the year before.

On a quarter-on-quarter basis, earnings for the 2QFY2021 fell 15% compared to the $2.0 billion in earnings posted in the 1QFY2021.

The bank’s earnings for the 1HFY2021 stood at a record $3.71 billion, with the two highest quarters on record. The figure represents a 54% growth from the earnings of $2.41 billion posted in the 1HFY2020.

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