28  February 2018
Maybank's FY2017 earnings release: PBT hits a record RM10.1 billion

Maybank Group today announced that it achieved record earnings for the financial year ended 31 December 2017 (FY17) on the back of stronger revenue from all its business segments and key overseas markets, significantly lower impairment losses as well as better management of its assets and liabilities.

Highlights

  • Profit before tax breaches RM10b mark, rising 14.2% Y-o-Y to RM10.10b
  • Net profit surpasses RM7b for first time, exceeding RM7.52b or 11.5% higher Y-o-Y
  • 4QFY17 net profit at RM2.13b, 22.8% higher than normalised 4Q16 net profit
  • FY17 net operating income at record RM23.27b, 4.9% higher Y-o-Y
  • FY17 PPOP at new high of RM11.91b
  • Net fund based income up 10.3% to RM16.63b
  • Net impairment losses reduced by 32.7%
  • Net interest margin improved 9 bps to 2.36%
  • Return on equity at 10.9%
  • Earnings per share up 6.2% to 72 sen
  • Healthy capital position: highest total capital ratio in Malaysia at 18.80%; CET1 ratio of 14.19%
  • Final single-tier dividend of 32 sen per share; full-year dividend yield of 5.6%

More information is available as follows:
1. Press Release
2. Investor Presentation
3. Financial Statements