Maybank has announced a 2.4% year-on-year increase in net profit for the second quarter of FY26, reaching RM2.69b. The first half of the financial year saw a total net profit of RM5.17b. This performance was bolstered by disciplined cost management and a significant reduction in net impairment provisions.
The bank’s profit before tax for the quarter rose by 3.7% to RM3.64b, with a return on equity improving to 12.0% from 11.6% the previous year. Net operating income was reported at RM7.51b. Maybank’s net fund-based income increased by 1.9%, whilst wealth management and investment banking-related fees surged by 61.5% and 58.4%, respectively.
Singapore played a crucial role in the group’s regional performance, with loans expanding by 3.4% year-on-year. Community Financial Services loans in Singapore grew by 7.4%. Group loans overall increased by 2.7%, driven by growth in Malaysia, Singapore, and Indonesia.
Maybank’s liquidity and capital positions remain robust, with a Group CASA ratio improving to 41.5% and a CET1 ratio of 14.92%. The bank declared an interim dividend of 31 sen per share, translating to a payout ratio of 72.5%.
Chairman Tan Sri Dato’ Sri Ir. Zamzamzairani Mohd Isa highlighted the group’s strong financial foundations, whilst CEO Dato’ Sri Khairussaleh Ramli emphasised the progress in strategic priorities and technology-driven customer engagement. Looking ahead, Maybank aims to sustain its growth trajectory and advance its sustainability agenda, with significant investments planned in technology and sustainable finance.
