DBS Hong Kong saw 23 percent year-on-year growth in its net profit to a record HK$6.3 billion for the first half of 2026, thanks to broad-based income growth, disciplined cost control and lower credit costs.
Total income rose 14 percent to HK$11.9 billion, the bank said.
Net interest income increased 16 percent to HK$6.9 billion, supported by a 4 percent loan increase and 9 percent deposit growth.
Its net interest margin expanded by 15 percentage points to 1.9 percent, despite interest rate declines.
Non-interest income also recorded solid growth, up 11 percent to HK$5 billion, led by a 38 percent increase in wealth management income across all wealth segments.
Over the past 15 years, the lender said it has achieved a well-balanced business mix to drive sustainable long-term growth, with the consumer banking wealth management segment income contribution rising from 33 percent to 46 percent in the first half.
