DBS posts record high earnings of $2.24 bil in 3QFY2022, up 32% y-o-y

For the 3QFY2022 ended Sept 30, DBS Group Holdings reported earnings of $2.24 billion, which is a new high for the group.

The quarter’s earnings, which were up by 32% y-o-y and 23% q-o-q, were attributed to the higher net interest margin (NIM) and sustained business momentum.