Maybank Group today announced that Group net profit for the half year ended 30 June 2017 rose 29.9% to RM3.36 billion from RM2.59 billion a year earlier, buoyed by a 43.0% year-on-year (Y-o-Y) jump in second quarter earnings. Profit before tax for the half year was 27.8% higher at RM4.49 billion from RM3.52 billion a year earlier.
Highlights 1HFY17
- Profit before tax up 27.8% to RM4.49 billion
- Net profit increases by 29.9% to RM3.36 billion
- 23 sen interim dividend representing 72.2% payout
- Net operating income increases 5.8% Y-o-Y to RM11.36 billion
- Net fund based income higher by 10.9% at RM8.26 billion
- Group loans and deposits increase 6.4% and 1.2% Y-o-Y respectively
- Net impairment losses decrease by 33.1% Y-o-Y
- NIM improves 13 bps Y-o-Y to 2.41%
- Strong Group CASA ratio of 36.8% from 33.7% in June 2016
- Robust capital position: 18.98% total capital ratio & 13.56% CET1 ratio
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 30 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 September 2017 10:37:04 UTC.
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