In FY2024 ended Dec 31, 2024, DBS reported total income of $22.3 billion and net profit of $11.4 billion, both records for the bank. The bank’s return on equity (ROE) for the year stood at 18%, which is one of the highest among the developed market banks. DBS hit a milestone $100 billion cap in May 2024 and topped the US$100 billion market ($129.2 billion).
DBS Group Holdings has won three awards at the Euromoney Awards for Excellence 2025.
This includes receiving the “World’s Best Bank” accolade for the third time since 2019. DBS was also recognised as the “World’s Best Bank for Customer Experience” for the first time and “World’s Best Bank for Corporate Responsibility” for the second time.
