Maybank

Maybank Group today announced that its profit before tax (PBT) for the first quarter of the financial period ended 31 March 2020 (1QFY20) rose 14.2% to RM2.80 billion compared with RM2.45 billion in the corresponding period last year, on the back of a 14.7% rise in net operating income. Net profit for the quarter was up 13.3% to RM2.05 billion compared with RM1.81 billion last year.

Highlights

• Net fund based income grew marginally by 0.9%
• Net fee based income rose 53.2%
• Net operating income increased to RM6.72 billion
• Pre-provisioning operating profit at RM3.78 billion
• Net profit rises 13.3% to RM2.05 billion
• Healthy liquidity with Group LCR at 138.2%
• Strong capital position: 18.50% total capital ratio & 14.79% CET1 ratio
• Cost to income ratio improves to 43.7% from 47.9% last year
• Contributed RM17.5m in the form of COVID-19 relief aid

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