30  November 2017
Maybank's 9M FY2017 earnings release: Net Profit surges 23% to RM5.39 billion

Maybank Group today announced that its net profit for the nine months ended 30 September 2017 surged 23.0% to RM5.39 billion compared to a year earlier as the Group benefitted from the improving economic climate across the region. Higher net fund-based income as well as a 25.2% decline in net impairment losses boosted the Group’s profit before tax (PBT) by 20.1% from a year earlier to RM7.17 billion.

Highlights 9MFY17

  • 9MFY17 profit before tax up 20.1% Y-o-Y to RM7.17 billion
  • Net profit increases 23.0% to RM5.39 billion
  • Net operating income grows 6.8% Y-o-Y to RM17.29 billion on back of 11.7% rise in net fund based income
  • Pre-provisioning operating profit rises 6.4% Y-o-Y to RM8.78 billion
  • Net impairment losses reduced by 25.2% Y-o-Y
  • NIM improves by 12bps to 2.39% from December 2016
  • Robust capital position – 18.03% total capital ratio & 13.50% CET1 ratio
  • Asset quality remains sound with net impaired loans ratio at 1.63%

More information is available as follows:
1. Press Release
2. Investor Presentation
3. Financial Statements 
4. Bursa (Exchange) announcement