DBS Group Holdings (DBS) will be rewarding its junior-ranked staff with a special one-time bonus of $1,000 per person.
The bank says that it has set aside $18 million for the initiative, to be distributed to over 23,000 employees globally, including some 6,800 in Singapore. DBS had previously distributed a similar supplement of $1,000 in 2024, which amounted to $15 million at the time.
“In spite of a difficult environment, DBS delivered a resilient set of results and we wanted to specially recognise the contributions of our junior staff,” says CEO Tan Shu Shan.
For the 4QFY2025 ended Dec 31, 2025, the bank saw a 10% drop in earnings to $2.36 billion, due to higher tax and the absence of non-recurring gains from a year earlier. The bank made higher specific allowances as well.
For the full year, earnings amounted to $11 billion, down 3% over the preceding year ended December 31, 2024.
As guided, the bank will pay a final quarterly dividend of 66 cents per share, six cents higher than the dividend distributed in the preceding three quarters.
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In addition, DBS will continue with a 15 cents per share capital return dividend.
This will bring its 4QFY2025 payout to 81 cents and FY2025 total payout to $3.06 per share — an increase of 38% over FY2024's total of $2.22.
As at 5.10 pm, shares in DBS are trading $1.11 lower at $58.19.
