)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
DBS Group (D05) investor relations material
DBS Group Q3 2025 (Q&A) earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 (Q&A) earnings summary6 Nov, 2025
Executive summary
Achieved record total income and pre-tax profit for Q3 and nine months of 2025, with ROE above 17% and strong momentum in wealth management, deposit growth, and digital asset capabilities.
Non-trade loan growth expected in mid-single digits next year, with strong momentum in tech, data centers, TMT, and selected real estate markets such as Singapore, Australia, and London.
Wealth management AUM grew 7% quarter-on-quarter and 18% year-on-year, reaching SGD 474 million, with robust, broad-based net new money across core Asian markets.
Financial highlights
Q3 2025 pre-tax profit was SGD 3.48 billion, up 1% YoY; total income reached SGD 5.93 billion; net profit was SGD 2.95 billion, down 2% YoY due to global minimum tax.
Group NIM held steady at 1.96% for Q3, with deposit cost down 20bps and NIM cushioned by market trading and lower cost of funds.
Fee income and treasury customer sales at record highs; markets trading income up 33% YoY in Q3.
Expenses increased 6% YoY, with cost-income ratio at 40% for Q3.
Data center loan exposure reached SGD 8–8.6 billion, with growth in Southeast Asia, Australia, and the US.
Outlook and guidance
2026 total income expected to be around 2025 levels despite rate headwinds; group net interest income projected slightly below 2025, with high single-digit non-interest income growth and mid-teens growth in wealth management.
Non-trade loans expected to grow mid-single digits in 2024, with continued strength in TMT, data centers, and real estate.
Deposit growth and deployment into HQLA expected to remain ROE- and NI-accretive despite NIM dilution.
Capital return dividend of SGD 0.15 per quarter to continue until end-2027; share buyback program to be executed opportunistically.
Which specific loan segments drive future growth?
Quantify NIM impact from 1bp rate drop next year?
Re-evaluate 10% daily turnover rule for buyback
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next DBS Group earnings date
Q4 20259 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
DBS Group Holdings Ltd. is a leading financial services group in Asia, providing a broad range of banking and financial services. The company’s offerings include consumer banking, wealth management, institutional banking, and treasury services. Through its consumer banking segment, DBS offers personal loans, savings accounts, credit cards, and investment advisory services. Its institutional banking unit caters to corporations and small to medium-sized enterprises, delivering services like loans, cash management, and trade financing. Additionally, DBS provides asset management and brokerage services to high-net-worth individuals and institutions. The company is headquartered in Singapore, and its shares are listed on the Singapore Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage