DBS Posts Record Pre-Tax Profit, Income
Singapore-based DBS saw pre-tax profit reach a record high but the overall bottom line fell due to the new global minimum tax.
In 2025, net profit at DBS fell 3 percent year-on-year to S$11 billion ($8.7 billion), according to the bank’s financial results, while return on equity and return on tangible equity reached 16.2 percent and 17.8 percent, respectively.
Total income rose 3 percent to a record S$22.9 billion, with fee income and treasury customer sales reaching new highs, led by wealth management, while markets trading income was the highest since 2021. The cost-income ratio was unchanged at 40 percent.
When excluding the newly implemented global minimum tax of 15 percent, the bank’s pre-tax profit was slightly higher, at a record S$13.1 billion.
«Our ability to nimbly capture market opportunities and support client needs was key to the year’s performance. While rate pressures and geopolitical tensions are expected to persist, the quality of our franchise and strong balance sheet provide a solid foundation for the year ahead,» said DBS CEO Tan Su Shan.
