--- title: "DBS Group's net profit in the fourth quarter fell by 10% to SGD 2.258 billion | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/275243372.md" description: "DBS Group's net profit in the fourth quarter of last year fell 10% year-on-year to SGD 2.258 billion, affected by headwinds from interest rates and increased tax expenses. Excluding corporate social responsibility expenditures, the net profit was SGD 2.358 billion. The board of directors proposed a distribution of a regular dividend of 66 cents per share and a capital return dividend of 15 cents, bringing the total dividend to 81 cents per share, with a total annual dividend payout of SGD 3.06 per share. Commercial book revenue declined by 3%, and the net interest margin was 1.93%" datetime: "2026-02-09T00:22:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275243372.md) - [en](https://longbridge.com/en/news/275243372.md) - [zh-HK](https://longbridge.com/zh-HK/news/275243372.md) --- # DBS Group's net profit in the fourth quarter fell by 10% to SGD 2.258 billion | Lianhe Zaobao DBS Group reported a 10% year-on-year decline in net profit for the fourth quarter last year to SGD 2.258 billion, mainly affected by headwinds from interest rates and increased tax expenses. DBS Group released its fourth quarter and full-year results before the market opened on Monday (February 9). Excluding the SGD 100 million allocated for corporate social responsibility, the group's net profit for the fourth quarter reached SGD 2.358 billion. The board proposed a fourth quarter dividend of 66 cents per ordinary share, along with a capital return dividend of 15 cents per share. The total dividend for this quarter amounts to 81 cents per share, up from 60 cents in the same period last year. This brings the total annual dividend per share to SGD 3.06, which includes SGD 2.46 in ordinary dividends and SGD 0.60 in capital return dividends. In terms of business performance, the Commercial Book saw total revenue decline by 3% to SGD 5.177 billion in the fourth quarter, with the largest component, net interest income, falling by 6% to SGD 3.592 billion. Net fees and commission income from the Commercial Book grew by 14% to SGD 1.099 billion, primarily benefiting from growth in wealth management, investment banking, and loan-related fees. #### Further Reading DBS reportedly modifies Allianz Bank acquisition plan to subscribe for up to 30% equity Third quarter net profit of SGD 2.95 billion exceeds expectations, DBS Group shares surge Market trading income decreased by 3% to SGD 154 million Overall, the group's net interest margin (NIM) for the fourth quarter was 1.93%, down from 2.15% in the same period last year. The non-performing loan ratio (NPL) decreased from 1.1% in the same period last year to 1%. For the full year, the group's net profit fell 3% year-on-year to 10.933 billion yuan, mainly reflecting increased tax expenses due to the implementation of a 15% global minimum tax rate. Total revenue increased by 3%, reaching a new high of 22.9 billion yuan. DBS Group President Piyush Gupta said, "Despite the expected continued pressure from interest rates and geopolitical tensions, our high-quality business and robust balance sheet lay a solid foundation for the coming year." Barring unforeseen circumstances, the board plans to continue distributing a capital return dividend of 15 cents per share quarterly in the fiscal years 2026 and 2027. DBS Group's stock price closed at 59.3 yuan last Friday (6th), down 0.6% ### Related Stocks - [DBSDY.US](https://longbridge.com/en/quote/DBSDY.US.md) - [D05.SG](https://longbridge.com/en/quote/D05.SG.md) ## Related News & Research - [This Insider Has Just Sold Shares In DBS Group Holdings](https://longbridge.com/en/news/287133710.md) - [Singapore Leads Emerging Race to Become World’s First «Trusted AI Financial Hub»](https://longbridge.com/en/news/287063092.md) - [Tan Su Shan, CEO of Singapore’s biggest lender DBS, sells $4.7M worth of shares](https://longbridge.com/en/news/287007084.md) - [Singapore urges financial firms to use AI to create better jobs](https://longbridge.com/en/news/287005005.md) - [S’pore climate initiative secures $1 billion to finance green projects in Asia](https://longbridge.com/en/news/287004114.md)