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DBS Group Holdings Earnings Calls
| Release date | May 05, 2026 |
| EPS estimate | - |
| EPS actual | $0.80 |
| Revenue estimate | 4.586B |
| Revenue actual | 4.62B |
| Revenue Surprise | 0.737% |
| Release date | Feb 09, 2026 |
| EPS estimate | $0.680 |
| EPS actual | $0.793 |
| EPS Surprise | 16.62% |
| Revenue estimate | 4.767B |
| Revenue actual | 9.239B |
| Revenue Surprise | 93.82% |
| Release date | Nov 06, 2025 |
| EPS estimate | - |
| EPS actual | - |
| Revenue estimate | 4.317B |
| Revenue actual | - |
| Release date | Aug 06, 2025 |
| EPS estimate | - |
| EPS actual | $0.778 |
| Revenue estimate | 4.476B |
| Revenue actual | 10.144B |
| Revenue Surprise | 126.61% |
Last 4 Quarters for DBS Group Holdings
Below you can see how DBSDF performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Aug 06, 2025 |
| Price on release | $38.46 |
| EPS estimate | - |
| EPS actual | $0.778 |
| Date | Price |
|---|---|
| Jul 31, 2025 | $36.00 |
| Aug 01, 2025 | $38.46 |
| Aug 04, 2025 | $38.46 |
| Aug 05, 2025 | $38.62 |
| Aug 06, 2025 | $38.46 |
| Aug 07, 2025 | $37.26 |
| Aug 08, 2025 | $41.79 |
| Aug 11, 2025 | $38.50 |
| Aug 12, 2025 | $41.14 |
| 4 days before | 6.83% |
| 4 days after | 6.97% |
| On release day | -3.12% |
| Change in period | 14.28% |
| Release date | Nov 06, 2025 |
| Price on release | $42.45 |
| EPS estimate | - |
| EPS actual | - |
| Date | Price |
|---|---|
| Oct 31, 2025 | $39.41 |
| Nov 03, 2025 | $40.83 |
| Nov 04, 2025 | $42.29 |
| Nov 05, 2025 | $41.84 |
| Nov 06, 2025 | $42.45 |
| Nov 07, 2025 | $42.90 |
| Nov 10, 2025 | $43.09 |
| Nov 11, 2025 | $41.80 |
| Nov 12, 2025 | $41.25 |
| 4 days before | 7.71% |
| 4 days after | -2.82% |
| On release day | 1.05% |
| Change in period | 4.67% |
| Release date | Feb 09, 2026 |
| Price on release | $45.40 |
| EPS estimate | $0.680 |
| EPS actual | $0.793 |
| EPS surprise | 16.62% |
| Date | Price |
|---|---|
| Feb 03, 2026 | $47.00 |
| Feb 04, 2026 | $46.65 |
| Feb 05, 2026 | $46.75 |
| Feb 06, 2026 | $47.00 |
| Feb 09, 2026 | $45.40 |
| Feb 10, 2026 | $45.77 |
| Feb 11, 2026 | $45.77 |
| Feb 12, 2026 | $45.19 |
| Feb 13, 2026 | $45.50 |
| 4 days before | -3.40% |
| 4 days after | 0.211% |
| On release day | 0.81% |
| Change in period | -3.20% |
| Release date | May 05, 2026 |
| Price on release | $47.68 |
| EPS estimate | - |
| EPS actual | $0.80 |
| Date | Price |
|---|---|
| Apr 29, 2026 | $44.70 |
| Apr 30, 2026 | $46.37 |
| May 01, 2026 | $46.45 |
| May 04, 2026 | $45.22 |
| May 05, 2026 | $47.68 |
| May 06, 2026 | $47.02 |
| May 07, 2026 | $47.76 |
| May 08, 2026 | $47.86 |
| May 11, 2026 | $46.64 |
| 4 days before | 6.66% |
| 4 days after | -2.18% |
| On release day | -1.38% |
| Change in period | 4.33% |
DBS Group Holdings Earnings Call Transcript Summary of Q1 2026
Key takeaways for investors:
- Credit/provisions: Management says they have rigorously stress-tested portfolios (oil price, FX, inflation, demand shocks) and currently believe general provisions are adequate. They are monitoring the situation quarter-by-quarter and are not releasing GP at this stage. Watch-listing and bottom-up client engagement remain central to their approach.
- Net interest income (NII) / margins: NII remains the primary focus (management prefers NII over NIM). Despite a large SORA drag, deposit inflows (high-single-digit deposit growth) and opportunistic hedging helped mitigate the rate headwinds. There remains ~SGD 60bn of hedging to execute for the year; management expects to opportunistically replace maturities. CASA growth increases SORA sensitivity but is accretive to NII.
- Wealth & fees: Wealth fees were strong in Q1 (SGD ~900m+), driven by a mix of private banking (SGD 6bn of the SGD 10bn net new money) and Treasures (SGD 4bn). Bancassurance was a notable strength and management sees the wealth franchise as diversified and sticky. They are not raising full-year wealth guidance yet because investment fees are market-sensitive and thus lumpy.
- Balance sheet and loan growth: Loan pipeline is healthy and targeted to growth sectors (TMT, data centers, semiconductors supply chain, renewables, selective real estate and M&A). Management is disciplined on risk selection and is not pursuing weaker SME/consumer unsecured segments aggressively.
- Hong Kong property: Management is more constructive on Hong Kong Grade-A/Central commercial real estate; exposures are to higher-quality names and some recoveries/rental improvements are being reported. Any potential provision releases would be assessed going forward.
- Capital returns: The bank has executed ~SGD 400m of buybacks and has SGD 2.6bn available through 2027. Dividend increase (SGD 0.06 uplift referenced) is conditional on clearer macro/geopolitical visibility — management will seek a few more quarters of clarity before committing.
- Overall tone: Management emphasizes building a "fortress balance sheet," opportunistic hedging, deposit wins, and diversified recurring-fee engines (wealth, GTS, loan fees). They remain cautious on geopolitics (Iran/war) and will monitor for further clarity before changing provisioning/dividend stance.
