DBS Group has announced a net profit of S$2.81b for the third quarter of 2026, driven by robust business momentum. The bank’s net interest income rose by 4% over the quarter, supported by a stable net interest margin and a 3% growth in both loans and deposits. Wealth segment assets under management also reached a new high of S$544b, despite a decline in markets trading income due to challenging equity market conditions. Total income for the quarter was S$5.85b, a slight decrease from the previous year.
Over the first nine months of 2026, DBS achieved a record net profit of S$8.82b, marking a 2% increase. Total income for this period rose to S$17.9b, with significant contributions from fee income and treasury customer sales. The bank’s return on equity stood at 17.0%, whilst the return on tangible equity was 18.6%.
DBS CEO Tan Su Shan highlighted the bank’s strong franchise growth, stating, “We turned in another quarter of strong franchise growth, with robust increases in loans, deposits and wealth assets.” She noted the bank’s ability to capture structural opportunities in wealth management and institutional banking, despite geopolitical uncertainties and fluctuating interest rates.
Looking ahead to 2027, DBS plans to remain agile in capturing opportunities whilst managing risks prudently. The bank anticipates that a more favourable interest rate environment and continued structural growth will bolster earnings, supported by its strong capital and liquidity positions.
