DBS Group Holdings Past Earnings Performance
Past criteria checks 2/6
DBS Group Holdings has been growing earnings at an average annual rate of 17.9%, while the Banks industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 13.5% per year. DBS Group Holdings's return on equity is 16.3%, and it has net margins of 51.1%.
Key information
17.88%
Earnings growth rate
17.58%
EPS growth rate
| Banks Industry Growth | 10.63% |
| Revenue growth rate | 13.52% |
| Return on equity | 16.32% |
| Net Margin | 51.05% |
| Next Earnings Update | 07 Aug 2025 |
Recent past performance updates
Recent updates
DBS Group Holdings (SGX:D05) Ticks All The Boxes When It Comes To Earnings Growth
Jun 10
DBS Group Holdings (SGX:D05) Is Increasing Its Dividend To SGD0.60
Mar 05DBS Group Holdings (SGX:D05) Is Paying Out A Larger Dividend Than Last Year
Feb 12
Loan Growth And Wealth Management Propel A Bright Future Amid Market Challenges
Strategic share buybacks and ALM strategy are set to enhance EPS growth and net interest margins.Revenue & Expenses Breakdown
How DBS Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 25 | 21,833 | 11,146 | 6,171 | 0 |
| 31 Dec 24 | 21,675 | 11,205 | 6,052 | 0 |
| 30 Sep 24 | 21,208 | 10,871 | 5,725 | 0 |
| 30 Jun 24 | 20,562 | 10,518 | 5,555 | 0 |
| 31 Mar 24 | 20,201 | 10,363 | 5,384 | 0 |
| 31 Dec 23 | 19,554 | 9,978 | 5,488 | 0 |
| 30 Sep 23 | 19,357 | 10,149 | 5,094 | 0 |
| 30 Jun 23 | 18,693 | 9,692 | 4,768 | 0 |
| 31 Mar 23 | 17,414 | 8,878 | 4,744 | 0 |
| 31 Dec 22 | 16,265 | 8,108 | 4,576 | 0 |
| 30 Sep 22 | 15,168 | 7,136 | 4,086 | 0 |
| 30 Jun 22 | 14,102 | 6,600 | 4,229 | 0 |
| 31 Mar 22 | 14,197 | 6,488 | 4,165 | 0 |
| 31 Dec 21 | 14,136 | 6,696 | 4,090 | 0 |
| 30 Sep 21 | 13,671 | 6,309 | 3,800 | 0 |
| 30 Jun 21 | 13,063 | 5,906 | 3,945 | 0 |
| 31 Mar 21 | 12,430 | 5,450 | 3,886 | 0 |
| 31 Dec 20 | 11,526 | 4,606 | 3,800 | 0 |
| 30 Sep 20 | 12,179 | 5,125 | 3,762 | 0 |
| 30 Jun 20 | 12,725 | 5,457 | 3,778 | 0 |
| 31 Mar 20 | 13,306 | 5,813 | 3,792 | 0 |
| 31 Dec 19 | 13,841 | 6,299 | 3,762 | 0 |
| 30 Sep 19 | 13,542 | 6,116 | 4,019 | 0 |
| 30 Jun 19 | 13,112 | 5,900 | 3,847 | 0 |
| 31 Mar 19 | 12,752 | 5,631 | 3,537 | 0 |
| 31 Dec 18 | 12,473 | 5,491 | 3,471 | 0 |
| 30 Sep 18 | 12,263 | 5,377 | 3,331 | 0 |
| 30 Jun 18 | 11,368 | 4,766 | 3,204 | 0 |
| 31 Mar 18 | 10,890 | 4,562 | 3,146 | 0 |
| 31 Dec 17 | 10,380 | 4,296 | 3,078 | 0 |
| 30 Sep 17 | 9,902 | 4,040 | 2,747 | 0 |
| 30 Jun 17 | 10,151 | 4,309 | 3,028 | 0 |
| 31 Mar 17 | 10,084 | 4,230 | 2,984 | 0 |
| 31 Dec 16 | 10,055 | 4,188 | 2,972 | 0 |
| 30 Sep 16 | 10,094 | 4,290 | 2,946 | 0 |
| 30 Jun 16 | 10,132 | 4,285 | 2,940 | 0 |
| 31 Mar 16 | 10,142 | 4,351 | 2,834 | 0 |
| 31 Dec 15 | 10,180 | 4,417 | 2,892 | 0 |
| 30 Sep 15 | 9,918 | 4,243 | 2,851 | 0 |
| 30 Jun 15 | 9,724 | 4,185 | 2,556 | 0 |
| 31 Mar 15 | 9,346 | 4,037 | 2,623 | 0 |
| 31 Dec 14 | 9,174 | 3,999 | 2,514 | 0 |
| 30 Sep 14 | 9,265 | 4,169 | 2,434 | 0 |
Quality Earnings: D05 has high quality earnings.
Growing Profit Margin: D05's current net profit margins (51.1%) are lower than last year (51.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: D05's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: D05's earnings growth over the past year (7.6%) is below its 5-year average (17.9% per year).
Earnings vs Industry: D05 earnings growth over the past year (7.6%) did not outperform the Banks industry 10.6%.
Return on Equity
High ROE: D05's Return on Equity (16.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/07 08:41 |
| End of Day Share Price | 2025/07/04 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
DBS Group Holdings Ltd is covered by 46 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wing San Wong | Barclays |
| Dominic Chan | BNP Paribas Securities (Asia) |
| Anand Swaminathan | BofA Global Research |