DBS Group(DBSDY)

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Best Income Stocks to Buy for January 15th
Zacks Investment Research· 2024-01-15 14:01
Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 15th:Patria Investments Limited (PAX) : This company which offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds and real estate and credit funds, has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6.0% over the last 60 days.This Zacks Rank #1 (Strong Buy) comp ...
DBS Group(DBSDY) - 2023 Q3 - Earnings Call Transcript
2023-11-06 15:40
DBS Group Holdings Ltd (OTCPK:DBSDF) Q3 2023 Results Conference Call November 5, 2023 10:30 PM ET Company Participants Edna Koh - Group Strategic Marketing & Communications Chng Sok Hui - Chief Financial Officer Piyush Gupta - Chief Executive Officer Conference Call Participants Chanyaporn Chanjaroen - Bloomberg Anshuman Daga - Breakingviews Goola Warden - The Edge Edna Koh Good morning, everyone, and welcome to DBS' Third Quarter Financial Results Briefing. This morning, we announced 3Q net profit rose 18% ...
DBS Group(DBSDY) - 2023 Q1 - Earnings Call Transcript
2023-05-02 08:39
DBS Group Holdings Ltd (OTCPK:DBSDF) Q1 2023 Earnings Conference Call May 1, 2023 10:30 PM ET Corporate Participants Edna Koh - Group Strategic Marketing & Communications Chng Sok Hui - Chief Financial Officer Piyush Gupta - Chief Executive Officer Conference Call Participants Chanyaporn Chanjaroen - BQ Prime Goola Warden - The Edge Edna Koh Good morning and welcome to DBS First Quarter 2023 Financial Results Media Briefing. Joining us on the line today we have our CEO Piyush Gupta, and CFO Chng Sok Hui. To ...
DBS Group(DBSDY) - 2022 Q4 - Earnings Call Transcript
2023-02-13 15:39
DBS Group Holdings Ltd (OTCPK:DBSDF) Q4 2022 Results Conference Call February 12, 2023 10:30 PM ET Company Participants Edna Koh - Group Strategic Marketing & Communications Chng Sok Hui - Chief Financial Officer Piyush Gupta - Chief Executive Officer Edna Koh Good morning, everyone, and welcome to DBS' Fourth Quarter and Full Year Financial Results Briefing. We announced this morning a very strong set of numbers, both for the fourth quarter as well as for the full year. So to tell us more, we have with us ...
DBS Group(DBSDY) - 2021 Q4 - Earnings Call Transcript
2022-02-14 16:12
DBS Group Holdings Ltd (OTCPK:DBSDF) Q4 2021 Earnings Conference Call February 13, 2022 10:30 PM ET Company Participants Edna Koh - Head-Group Strategic Marketing & Communications Piyush Gupta - Chief Executive Officer Chng Sok Hui - Chief Financial Officer Conference Call Participants Timothy Goh - Bread News Anshuman Daga - Reuters Edna Koh Good morning, and welcome to DBSÂ's Fourth Quarter and Full Year Financial Results Briefing. This morning, we announced record full year net profit of $6.8 billion, up ...
DBS Group(DBSDY) - 2021 Q2 - Earnings Call Transcript
2021-08-07 14:20
DBS Group Holdings Ltd (OTCPK:DBSDF) Q2 2021 Earnings Conference Call August 4, 2021 11:30 AM ET Company Participants | --- | |--------------------------------------------------------------------------------------------------------------------| | | | | | Piyush Gupta - CEO | | Chng Sok Hui - CFO | | Conference Call Participants | | Melissa Kuang - Goldman Sachs Terence Chua - Phillip Securities Harsh Modi - JPMorgan Nicholas Teh - Credit Suisse | | Robert Kong - Citi Research | Operator Good morning, everyo ...
DBS Group(DBSDY) - 2021 Q1 - Earnings Call Transcript
2021-05-01 00:19
Financial Data and Key Metrics Changes - The company reported a capital ratio of 14.2%, which is considered adequate even after recent acquisitions [3] - The loan portfolio increased by $12 billion, contributing to a rise in risk-weighted assets (RWA) [14][15] - The company expects to return to pre-COVID dividend levels, indicating confidence in capital adequacy [3][33] Business Line Data and Key Metrics Changes - The digital exchange has only generated minimal income so far, with expectations for material contributions starting in 2022 [8][10] - Loan growth was broad-based, with significant contributions from corporate loans across various sectors, including TMT, real estate, and transportation [24][25] - Wealth management volumes were strong in Q1, but activity levels have slightly slowed in April [38][40] Market Data and Key Metrics Changes - The company noted improvements in asset quality, with more upgrades than downgrades in the loan portfolio [19][22] - The market risk RWA decreased due to a refined market model approved by the Monetary Authority of Singapore (MAS) [18] Company Strategy and Development Direction - The company is focusing on a hybrid strategy that combines digital banking with a physical branch presence to enhance customer performance [104][106] - There is a strategic emphasis on expanding into digital custody and securities token offerings, with careful onboarding of clients [11][13] - The company is exploring opportunities in the digital banking space, particularly in Indonesia, while leveraging partnerships for growth [96][100] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic recovery and its positive impact on corporate earnings, which should flow through to improved portfolio quality [69] - The company is cautious about the potential impact of moratoriums ending and is prepared to adjust provisions accordingly [70] - Management indicated that while the digital exchange and blockchain initiatives are promising, the challenge lies in achieving sufficient adoption and usage [79] Other Important Information - The company is actively engaging with other banks for its Partior platform, which aims to digitize fiat money and improve cross-border payments [94][95] - The company is also considering the implications of regulatory changes on its capital structure and investment strategies [57] Q&A Session Summary Question: Future expansion plans and payout policy adjustments - Management believes they have adequate capital and can return to pre-COVID dividend levels despite M&A activities [3] Question: Income from the digital exchange - Current income from the digital exchange is minimal, with expectations for material contributions starting in 2022 [8][10] Question: RWA increase and asset quality - The increase in RWA was primarily driven by a $12 billion loan growth, with improvements in asset quality noted [14][19] Question: Loan growth breakdown - Loan growth was broad-based, with significant contributions from various sectors, including corporate loans and trade [24][25] Question: Wealth management activity levels - Wealth management activity has slowed slightly in April but remains solid overall [38][40] Question: Branch network and digital transformation - The company is rationalizing its branch network while transforming branches into digital hubs [44][46] Question: Digital bank competition in Indonesia - The company is leveraging partnerships to enhance its competitive position in the digital banking space [96][100]
DBS Group(DBSDY) - 2020 Q2 - Earnings Call Transcript
2020-08-09 14:52
DBS Group Holdings Ltd (OTCPK:DBSDF) Q2 2020 Earnings Conference Call August 5, 2020 11:30 PM ET Company Representatives Piyush Gupta - Chief Executive Officer Chng Sok Hui - Chief Financial Officer Edna Koh - Group Strategic Marketing & Communications Conference Call Participants Chanya - Bloomberg Goola Warden - The Edge Shuman - Reuters Edna Koh Good morning and a very warm welcome to DBSÂ' Second Quarter and First Half 2020 Financial Results Briefing. This morning, we announced first half 2020 net profi ...
DBS Group(DBSDY) - 2020 Q2 - Earnings Call Presentation
2020-08-06 17:06
Live more, Bank less 区DBS CEO Observations 6 Aug 2020 Business Outlook ▪ Operating trends in line with 1Q guidance | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------------| | | | | ▪ | Loan growth resilient, expected at 5% for full year led by non-trade corporate loans | | ▪ | Record deposit inflows in 1H led by Casa, momentum expected to continue - Casa ratio up 7%pt over half year to 66% | | | - Excess deposits deployed ...