Wealth and Asset Management
DBS First-quarter net profit rises 15% to SGD 2.96 billion while return on equity increases to 19.4%, both at new highs
DBS Group’s net profit for first-quarter 2024 rose 15% from a year ago to a record SGD 2.96 billion while return on equity reached 19.4%. Total income grew 13% to a new high of SGD 5.56 billion as net interest margin was stable at 2.14%, fee income crossed SGD 1…
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