Strong Dividend Yield and TSR Growth
DBS provided a consistent 6-7% dividend yield in an appreciating currency and a total shareholder return (TSR) growth of 14% over 15 years.
Fixed Rate Book Expansion
DBS expanded its fixed rate book to $200 billion, exceeding the planned $190 billion, which indicates proactive management in response to interest rate changes.
Wealth Management Growth
Wealth Management showed a 40% growth year-on-year, with net new money of $21 billion for the year, including $6 billion in Q3.
Robust Loan Recovery
DBS successfully exited and recovered loans in Hong Kong real estate, selling properties at market clearing prices about 30% below previous valuations.
Generative AI Initiatives
DBS is actively exploring the use of generative AI for operational efficiencies and better client engagement.