Public Bank Q2 net profit up 3.7pct, declares 10.5 sen dividend
KUALA LUMPUR: Public Bank Bhd’s net profit rose 3.7 per cent to RM1.82 billion in the second quarter ended June 30, 2026, from RM1.76 billion a year earlier, as revenue increased 3.5 per cent to RM7.61 billion from RM7.35 billion.
Public Bank Bhd reported a 3.7% increase in net profit to RM1.82 billion for the second quarter ended June 30, 2026, up from RM1.76 billion a year earlier. Revenue grew by 3.5% to RM7.61 billion, driven by a 21.3% rise in non-interest income, primarily due to stronger unit trust sales and higher management fees. The gains were partially offset by an RM81.1 million increase in loan impairment allowances and a 2% rise in other operating expenses.
The bank declared a RM2.04 billion first interim dividend of 10.5 sen per share for the financial year ending December 31, 2026. For the first half of 2026, net profit grew 2.02% to RM3.58 billion, while revenue increased 1.7% to RM14.93 billion. Public Bank expects geopolitical tensions, market volatility, trade tariffs, and fiscal imbalances to impact global growth despite Malaysia's banking sector remaining resilient due to ample liquidity and strong capital buffers.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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