DBS Group Holdings Ltd (OTCPK:DBSDF)
$ 31.25 -2.15 (-6.44%) Market Cap: 84.17 Bil Enterprise Value: 129.19 Bil PE Ratio: 10.78 PB Ratio: 1.68 GF Score: 76/100

Q1 2023 DBS Group Holdings Ltd Analyst Briefing Transcript

May 02, 2023 / 03:30AM GMT
Release Date Price: $21.94 (-2.86%)
Unidentified Analyst

(technical difficulty)

My next question was just on the -- well, the digital banking outreach and the potential impact that there may be, I think on the call earlier, previously disclosed that it was the same issue. So it was the forward drop the authentication server, do you think this sort of leads to any additional penalties on the CET1 beyond the 40 basis points? Or do we just see this sort of extended?

And what's the sort of interplay here with how you view dividends? I mean given profitability is so strong, do you think that there's any sort of impact from that or anything you can share with us at this stage?

Piyush Gupta
DBS Group Holdings Ltd - CEO & Executive Director

Very hard. And obviously, not in our hands, the regulator has been to take a view after they get the full report and form an assessment. So frankly, I don't have any comments on that.

But in terms of our dividend capacity and ability to pay, we have a huge amount of surplus capital even today. And come next year, wherever MAS kicks off

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot