29  November 2018
Maybank's 9M FY2018 earnings release: PBT up 8.8% to RM7.81b

Maybank Group today announced that profit before tax (PBT) for the nine months ended 30 September 2018 rose 8.8% to RM7.81 billion from RM7.17 billion a year earlier, supported by higher net fund based income, disciplined cost management as well as a continued decline in impairments. Net profit for the period rose 7.4% to RM5.79 billion from the RM5.39 billion recorded in the corresponding period last year.

Highlights

  • Net fund based income rose 1.6% Y-o-Y to RM12.66 billion
  • Net operating income increased 0.8% Y-o-Y to RM17.33 billion
  • PPOP grew 4.6% Y-o-Y on the back of sound cost management
  • Net impairment losses reduced by 18.9% Y-o-Y
  • Profit before tax rose 8.8% Y-o-Y to RM7.81 billion
  • Net profit up 7.4% Y-o-Y to RM5.79 billion
  • Group loans and deposits increased 4.5% and 3.8% Y-o-Y respectively
  • Healthy liquidity risk indicators with Group LCR at 130.5%
  • Strong capital position: 17.62% total capital ratio & 13.59% CET1 ratio

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