Record Total Income Driven by Fee Strength
The bank delivered a record total income of S$5.95 billion in the first quarter ended 31 March 2026 (1Q2026), climbing 1% year on year (YoY). This growth was achieved despite the challenges posed by a stronger Singapore dollar and continued interest rate headwinds. While net interest income (NII) eased 5% YoY to S$3.49 billion – as the group’s net interest margin narrowed 23 basis points to 1.89% on lower SORA and SOFR rates – the bank saw robust expansion in its loan book. Customer loans climbed to S$453.2 billion, up 4% YoY, or 6% in constant-currency terms, led primarily by corporate lending....DBS Group Holdings Ltd (SGX: D05) has kicked off the 2026 financial year with a resilient performance, proving that its diversified Asian franchise can withstand a shifting interest rate environment.
As Singapore’s largest bank by assets, DBS continues to leverage its digital leadership and strong presence across Greater China, Southeast Asia, and South Asia to serve its 13 million customers.
