DBS Group Holdings Ltd

DB:DEV Stock Report

Market Cap: €86.0b

DBS Group Holdings Past Earnings Performance

Past criteria checks 2/6

DBS Group Holdings has been growing earnings at an average annual rate of 16.1%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 11.7% per year. DBS Group Holdings's return on equity is 16.7%, and it has net margins of 51.3%.

Key information

16.1%

Earnings growth rate

14.6%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate11.7%
Return on equity16.7%
Net Margin51.3%
Next Earnings Update10 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How DBS Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:DEV Revenue, expenses and earnings (SGD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2421,20810,8715,7250
30 Jun 2420,56210,5185,5550
31 Mar 2420,20110,3635,3840
31 Dec 2319,5549,9785,2660
30 Sep 2319,35710,1495,0940
30 Jun 2318,6939,6924,7680
31 Mar 2317,4148,8784,7440
31 Dec 2216,2658,1084,5760
30 Sep 2215,1687,1364,0860
30 Jun 2214,1026,6004,2290
31 Mar 2214,1976,4884,1650
31 Dec 2114,1366,6964,0900
30 Sep 2113,6716,3093,8000
30 Jun 2113,0635,9063,9450
31 Mar 2112,4305,4503,8860
31 Dec 2011,5264,6063,8000
30 Sep 2012,1795,1253,7620
30 Jun 2012,7255,4573,7780
31 Mar 2013,3065,8133,7920
31 Dec 1913,8416,2993,7620
30 Sep 1913,5426,1164,0190
30 Jun 1913,1125,9003,8470
31 Mar 1912,7525,6313,5370
31 Dec 1812,4735,4913,4710
30 Sep 1812,2635,3773,3310
30 Jun 1811,3684,7663,2040
31 Mar 1810,8904,5623,1460
31 Dec 1710,3804,2963,0780
30 Sep 179,9024,0402,7470
30 Jun 1710,1514,3093,0280
31 Mar 1710,0844,2302,9840
31 Dec 1610,0554,1882,9720
30 Sep 1610,0944,2902,9460
30 Jun 1610,1324,2852,9400
31 Mar 1610,1424,3512,8340
31 Dec 1510,1804,4172,8920
30 Sep 159,9184,2432,8510
30 Jun 159,7244,1852,5560
31 Mar 159,3464,0372,6230
31 Dec 149,1743,9992,5140
30 Sep 149,2654,1692,4340
30 Jun 148,9274,0232,3700
31 Mar 148,8063,9412,3420
31 Dec 138,3773,6602,2810

Quality Earnings: DEV has high quality earnings.

Growing Profit Margin: DEV's current net profit margins (51.3%) are lower than last year (52.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DEV's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: DEV's earnings growth over the past year (7.1%) is below its 5-year average (16.1% per year).

Earnings vs Industry: DEV earnings growth over the past year (7.1%) did not outperform the Banks industry 12.6%.

Return on Equity

High ROE: DEV's Return on Equity (16.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DBS Group Holdings Ltd is covered by 41 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wing San WongBarclays
Dominic ChanBNP Paribas Securities (Asia)
Anand SwaminathanBofA Global Research