Public Bank posts RM1.82b quarterly net profit, declares 10.5 sen interim dividend

Public Bank Bhd reported a quarterly net profit of RM1.82 billion in the second quarter of 2026, up from RM1.76 billion in the same period a year earlier. Revenue for the quarter also increased to RM7.61 billion, compared to RM7.35 billion previously. The higher net profit was driven by a 21.3% increase in non-interest income, mainly due to improved sales of trust units and higher unit trust management fees.

However, the profit was tempered by a RM81.1 million increase in loan impairment and higher operating expenses. For the first half of 2026, Public Bank's net profit rose to RM3.58 billion, up from RM3.51 billion, while revenue grew to RM14.93 billion from RM14.67 billion. The bank has declared an interim dividend of 10.5 sen per share, resulting in a total payout of RM2.04 billion.

CEO Tan Sri Dr Tay Ah Lek expressed confidence in the bank's prospects despite global uncertainties, highlighting the resilient domestic economy and the group's focus on building on core competencies to optimize stakeholder value.