Capital ReturnThe capital return initiative includes a 24 cents annual increment, 15 cents capital return dividend per quarter, and a S$3bn share buyback.
EarningsFee income was the primary contributor to earnings momentum, rising 22% YoY to S$1.3bn, driven by wealth management growth.
Financial PerformanceNII rose 9% year-over-year from an increase in NIM and loan growth, indicating a strong financial performance.