Maybank

Maybank Group today announced that it achieved a net profit of RM1.96 billion for the second quarter ended 30 June 2021 (2QFY21) compared with RM941.7 million in 2QFY20 as loans continued to grow, net interest margin (NIM) expanded from a more cost-effective funding mix and impairments came in lower compared with a year earlier. Profit before tax (PBT) for the second quarter stood at RM2.73 billion from RM1.26 billion last year.

Highlights

• Net fee based income 27% lower year-on-year (Y-o-Y) at RM1.32b
• Net fund based income rose 26.4% to RM4.85b
• Net operating income at RM6.17b from RM5.65b
• Overhead expenses registered 7.9% increase to RM2.92b
• Pre-provisioning operating profit at RM3.25b from RM2.94b
• Net impairment losses at RM567.2m compared with RM1.74b last year
• Profit before tax at RM2.73b from RM1.26b a year ago
• Net profit at RM1.96b from RM941.7m
• Healthy liquidity position with Group Liquidity Coverage Ratio (LCR) at 137.20%
• Robust capital position: 17.42% Total Capital Ratio & 14.20% Common Equity Tier-1 (CET1) Capital

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