The bank said fee income remained close to record levels. DBS Group reported a record second-quarter (Q2 2026) net profit of $2.4b (S$3.1b), up 9% year-on-year (YoY), as growth in fee income and treasury customer sales offset the impact of lower interest rates. Total income for Q2 2026 rose 6% YoY to a record $4.8b (S$6.1b). Net interest income edged lower due to declining interest rates, although the impact was largely offset by strong loan and deposit growth and hedging activities. The bank said fee income remained close to record levels, supported by continued momentum in wealth management.