Strong Dividend Yield and TSR Growth
DBS continues to offer a 6-7% dividend yield with a track record of 14% TSR growth over 15 years, highlighting its strong investment appeal.
Fixed Rate Book Expansion
DBS increased its fixed rate book to $200 billion, exceeding the planned $190 billion, indicating strong asset management in response to market conditions.
Resilient Wealth Management Growth
Net new money in Wealth Management reached $21 billion for the year, with a $6 billion contribution in Q3, reflecting strong client acquisition and retention.
Effective Risk Management
DBS has retained a $2.4 billion GP overlay through COVID, showcasing prudent risk management in preparation for potential economic stress.
Mid-Teens Growth Forecast in Wealth Management
DBS has budgeted for mid-teens growth in its wealth management business, driven by disciplined client engagement and strategic initiatives.