1Q13 presentation slides strategy
A Solid Start to 2013
2 May 2013
Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or
distributed to parties outside the presentation. DBS Bank accepts no liability whatsoever with respect to the use of this document or its contents.
1Q13 earnings at new quarterly high
Solid start to 2013; strong pick up in business momentum
Record fee income, non-interest income this quarter
RECORD
HIGH
Income (S$m)
2,317
1,713
Non Interest
Income
Net Interest
Income
1,815
1,809
1,729
1,909
1,838
2,156
1,916
626
820
1,945
2,004
1,959
990
621
672
666
787
639
754
1,106
1,122
1,199
1,214
1,290
1,336
1,324
1,332
1,293
1,327
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
647
748
730
623
1,066
1,067
1,079
1Q10
2Q10
3Q10
Record 1Q13 net profit at $950m (a)
1Q13 ROE at 12.0% vs. 11.2% in FY 2012
(a)
1,968
Excludes one-time items
2
Singapore
1Q13 income at record
Income (S$m)
RECORD
HIGH
1,449
1,336
1,198
1,026
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+21% qoq
3
Hong Kong
1Q13 income at record
RECORD
HIGH
Income (S$m)
474
1Q10
395
385
367
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
20% qoq
4
Other geographies
Regained momentum in regional markets
Income (S$m)
Indonesia
Taiwan
India
China
1Q12
2Q12
3Q12
4Q12
1Q13
Combined: +15% qoq
5
SME
1Q13 income at record
Income (S$m)
RECORD
HIGH
337
326
282
253
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+19% qoq
Also a record quarter for large and mid sized corporate business
6
Wealth Management
1Q13 income at record
RECORD
HIGH
Income (S$m)
203
187
230
122
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+23% qoq
Total earning assets (S$b)
91
1Q10
116
107
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
122
1Q13
+5% qoq
Comprising Treasures, Treasures Private Client and Private Bank
7
Treasury Customer Flows
1Q13 income at record
Customer Income (S$m)
RECORD
HIGH
299
256
150
125
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+100% qoq
1Q13 customer income as % of total Treasury income at 48%
8
GTS
Regained momentum
Income (S$m)
Cash
345
321
343
165
Trade
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13
Combined: +7% qoq
Deposit and loan growth (S$b)
52
95
87
47
52
95
58
Loans (a)
Deposits
14
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13
Loans: +12% qoq
Deposits: +1% qoq
(a)
Includes bank exposures and loans of financial institutions
9
Capital Markets
Extending fixed income origination capabilities into the region
Singapore SGD Bonds
YTD 2013 Ranking
Asia ex Japan All G3 Currency Bonds
SGD m (%)
YTD 2013 Ranking
Hong Kong Dim Sum Bonds
USD m (%)
YTD 2013 Ranking
CNY bn (%)
1
DBS (17 deals)
1,448 (20.2)
1
HSBC (77 deals)
8,087 (12.4)
1
HSBC (68 deals)
23.4 (19.7)
2
Standard Chartered (17 deals)
1,429 (19.9)
2
Standard Chartered (48 deals)
6,422 (9.8)
2
Agricultural Bank of China (16 deals)
16.7 (14.1)
3
HSBC (12 deals)
807 (11.3)
3
Deutsche Bank (57 deals)
6,216 (9.5)
3
Standard Chartered Bank (37 deals)
13.1 (11.0)
4
OCBC (7 deals)
659 (9.2)
4
5,852 (8.9)
4
BNP (35 deals)
10.4 (8.7)
5
UOB (7 deals)
581 (8.1)
12
1,553 (2.4)
15
DBS (4 deals)
1.8 (1.5)
2012 Ranking
1
SGD bn (%)
DBS (64 deals)
10.7 (34.2)
2011 Ranking
1
6.5 (30.7)
DBS (13 deals)
2012 Ranking
15
DBS (16 deals)
2011 Ranking
SGD bn (%)
DBS (48 deals)
Goldman Sachs (19 deals)
23
DBS (2 deals)
2012 Ranking
USD bn (%)
2.2 (1.7)
20
DBS (6 deals)
USD bn (%)
0.3 (0.5)
2011 Ranking
14
DBS (13 deals)
CNY bn (%)
1.4 (0.8)
CNY bn (%)
2.9 (1.9)
YTD 2013 as at 30 April 2013
A leader in Real Estate Investment Trust, Business Trust
#1 in REITs/BTs in Asia ex-Japan and in Singapore
#2 in Equity in Singapore league table
10
Cost Efficiency
Loans
Net Interest Margin
Credit
11
In Summary
Executing on strategy, earnings at a new record high
Previous years’ investments in businesses, technology and
people bearing fruit
Franchise growth broad based, loan pipeline robust
Asset quality healthy, capital and liquidity positions strong
A solid start to 2013; ready and well placed to tackle the
uncertainties ahead
12
2 May 2013
Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or
distributed to parties outside the presentation. DBS Bank accepts no liability whatsoever with respect to the use of this document or its contents.
1Q13 earnings at new quarterly high
Solid start to 2013; strong pick up in business momentum
Record fee income, non-interest income this quarter
RECORD
HIGH
Income (S$m)
2,317
1,713
Non Interest
Income
Net Interest
Income
1,815
1,809
1,729
1,909
1,838
2,156
1,916
626
820
1,945
2,004
1,959
990
621
672
666
787
639
754
1,106
1,122
1,199
1,214
1,290
1,336
1,324
1,332
1,293
1,327
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
647
748
730
623
1,066
1,067
1,079
1Q10
2Q10
3Q10
Record 1Q13 net profit at $950m (a)
1Q13 ROE at 12.0% vs. 11.2% in FY 2012
(a)
1,968
Excludes one-time items
2
Singapore
1Q13 income at record
Income (S$m)
RECORD
HIGH
1,449
1,336
1,198
1,026
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+21% qoq
3
Hong Kong
1Q13 income at record
RECORD
HIGH
Income (S$m)
474
1Q10
395
385
367
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
20% qoq
4
Other geographies
Regained momentum in regional markets
Income (S$m)
Indonesia
Taiwan
India
China
1Q12
2Q12
3Q12
4Q12
1Q13
Combined: +15% qoq
5
SME
1Q13 income at record
Income (S$m)
RECORD
HIGH
337
326
282
253
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+19% qoq
Also a record quarter for large and mid sized corporate business
6
Wealth Management
1Q13 income at record
RECORD
HIGH
Income (S$m)
203
187
230
122
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+23% qoq
Total earning assets (S$b)
91
1Q10
116
107
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
122
1Q13
+5% qoq
Comprising Treasures, Treasures Private Client and Private Bank
7
Treasury Customer Flows
1Q13 income at record
Customer Income (S$m)
RECORD
HIGH
299
256
150
125
1Q10
2Q10
3Q10
4Q10
1Q11
2Q11
3Q11
4Q11
1Q12
2Q12
3Q12
4Q12
1Q13
+100% qoq
1Q13 customer income as % of total Treasury income at 48%
8
GTS
Regained momentum
Income (S$m)
Cash
345
321
343
165
Trade
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13
Combined: +7% qoq
Deposit and loan growth (S$b)
52
95
87
47
52
95
58
Loans (a)
Deposits
14
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13
Loans: +12% qoq
Deposits: +1% qoq
(a)
Includes bank exposures and loans of financial institutions
9
Capital Markets
Extending fixed income origination capabilities into the region
Singapore SGD Bonds
YTD 2013 Ranking
Asia ex Japan All G3 Currency Bonds
SGD m (%)
YTD 2013 Ranking
Hong Kong Dim Sum Bonds
USD m (%)
YTD 2013 Ranking
CNY bn (%)
1
DBS (17 deals)
1,448 (20.2)
1
HSBC (77 deals)
8,087 (12.4)
1
HSBC (68 deals)
23.4 (19.7)
2
Standard Chartered (17 deals)
1,429 (19.9)
2
Standard Chartered (48 deals)
6,422 (9.8)
2
Agricultural Bank of China (16 deals)
16.7 (14.1)
3
HSBC (12 deals)
807 (11.3)
3
Deutsche Bank (57 deals)
6,216 (9.5)
3
Standard Chartered Bank (37 deals)
13.1 (11.0)
4
OCBC (7 deals)
659 (9.2)
4
5,852 (8.9)
4
BNP (35 deals)
10.4 (8.7)
5
UOB (7 deals)
581 (8.1)
12
1,553 (2.4)
15
DBS (4 deals)
1.8 (1.5)
2012 Ranking
1
SGD bn (%)
DBS (64 deals)
10.7 (34.2)
2011 Ranking
1
6.5 (30.7)
DBS (13 deals)
2012 Ranking
15
DBS (16 deals)
2011 Ranking
SGD bn (%)
DBS (48 deals)
Goldman Sachs (19 deals)
23
DBS (2 deals)
2012 Ranking
USD bn (%)
2.2 (1.7)
20
DBS (6 deals)
USD bn (%)
0.3 (0.5)
2011 Ranking
14
DBS (13 deals)
CNY bn (%)
1.4 (0.8)
CNY bn (%)
2.9 (1.9)
YTD 2013 as at 30 April 2013
A leader in Real Estate Investment Trust, Business Trust
#1 in REITs/BTs in Asia ex-Japan and in Singapore
#2 in Equity in Singapore league table
10
Cost Efficiency
Loans
Net Interest Margin
Credit
11
In Summary
Executing on strategy, earnings at a new record high
Previous years’ investments in businesses, technology and
people bearing fruit
Franchise growth broad based, loan pipeline robust
Asset quality healthy, capital and liquidity positions strong
A solid start to 2013; ready and well placed to tackle the
uncertainties ahead
12