Maybank's 1H FY2016 earnings release: PBT at RM3.52 b as revenue rises 8.7% to RM10.74b

Maybank Group today announced that Group PBT for the first half financial year 2016 ended 30 June 2016 came in at RM3.52 billion.Net operating income for the half year rose 8.7% to RM10.74 billion Y-o-Y on the back of an 9.3% increase in fund based income to RM7.60 billion and higher fee based income of 7.4%.

Highlights

  • Net operating income rises 8.7% Y-o-Y to RM10.74 billion
  • Net fund based income higher by 9.3% Y-o-Y and net fee based income by 7.4%
  • Pre-provisioning operating profit rises 10.6% Y-o-Y to RM5.49 billion
  • Cost-to-income ratio improves further to 48.7% compared with 49.5% in June 15
  • Profit before tax of RM3.52 billion compared with RM4.39 billion previously owing to higher impairments
  • Strong liquidity position - Deposits rise 12.5% while Loan-to-Deposit ratio improves to 88.5%
  • Strong capital position: 18.99% total capital ratio & 13.59% CET1 ratio
  • Total assets rise 9% YoY to RM722.7 billion

More information is available as follows:
1. Press Release
 2. Investor Presentation
3. Financial Statements
4. Bursa (Exchange) announcement

Maybank - Malayan Banking Bhd published this content on 25 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 August 2016 05:03:07 UTC.

Original documenthttp://www.maybank.com/en/investor-relations/reporting-events/news-announcements_detailpage.page?detailId=1472530568787012

Public permalinkhttp://www.publicnow.com/view/EFD025985A5FCF6766A10D33B14F685204C3EA8C