Maybank's Q2 net profit rises to RM2.69bil on RM16.08bil revenue
KUALA LUMPUR: Malayan Banking Bhd’s (Maybank) net profit rose 2.3 per cent to RM2.69 billion in the second quarter ended June 30, 2026 (Q2 FY26) from RM2.63 billion a year earlier.
Malayan Banking Bhd (Maybank) reported a 2.3% increase in net profit to RM2.69 billion for the second quarter ended June 30, 2026, driven by disciplined cost management and lower net impairment provisions. Revenue, however, declined 5.9% to RM16.08 billion. Earnings per share rose 2.3% to 22.24 sen. For the first half of FY26, net profit fell 1.0% to RM5.17 billion and revenue dropped 8.7% to RM30.99 billion.
Despite the decline, Maybank's operating performance remained resilient, supported by a 2.12% net interest margin and 12.1% growth in core fee income. Group loans rose 2.7% to RM695.9 billion, with steady growth across Malaysia, Indonesia, and Singapore. The company maintained a strong funding position with a 41.5% CASA ratio. Maybank announced a first interim dividend of 31 sen per share, totaling RM3.75 billion or 72.5% of the first-half profit.
CEO Khairussaleh Ramli highlighted strong performance across key businesses and the progress of strategic priorities. Chairman Tan Sri Zamzamzairani Mohd Isa emphasized the group's solid financial foundation and prudent risk management.
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.
