30  August 2018
Maybank's 1H FY2018 earnings release: PBT rises 15% to RM5.17 billion

Maybank Group today announced that profit before tax for the half year ended 30 June 2018 rose 15% to RM5.17 billion from RM4.49 billion a year earlier, on the back of higher operating income, lower impairments as well as reduced overheads as a result of better cost management. Net profit for the period came in 13.9% higher at RM3.83 billion from RM3.36 billion a year earlier.

Highlights

  • Net operating income up 3.2% Y-o-Y to RM11.67 billion
  • Net fee based income higher by 7.4% and net fund based income rises 1.6%
  • Pre-provisioning operating profit (PPOP) rises 7.3% Y-o-Y to RM6.19 billion
  • Profit before tax up 15.0% to RM5.17 billion
  • Net profit increases by 13.9% to RM3.83 billion
  • Group loans and deposits increase 4.6% and 5.5% Y-o-Y respectively
  • Net impairment losses decrease 22.9% Y-o-Y
  • Robust capital position: 17.78% total capital ratio & 13.16% CET1 ratio
  • 25 sen interim dividend representing RM2.74 billion payout

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