Maybank's 9M FY2016 earnings release: PBT at RM5.97 billion as revenue rises 3.7% to RM16.20 billion

Maybank Group today released its financial results for Third Quarter and Nine Months Financial Year ended 30 September 2016.

Highlights

  • Improved Q-o-Q earnings trend lifts Q3FY16 PBT 55.1% to RM2.46b over Q2FY16
  • Net operating income for Q3FY16 up 2.1% to RM5.46b compared to Q2FY16
  • Net impairment losses for Q3FY16 down 72% to RM330.8m from Q2FY16
  • Asset quality improves - gross impaired loans ratio 2.22% from Q2FY16's 2.34%
  • Loans growth picks up pace to rise 2.2% in Q3FY16 compared with Q2FY16
  • Marginal compression of 1 bps in Net Interest Margin to 2.22% from Q2FY16
  • Strong liquidity position with Liquidity Coverage ratio of 136% in Sep 16
  • Robust capital level with 19.07% total capital ratio as at Sep 2016

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

Maybank - Malayan Banking Bhd published this content on 24 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 November 2016 08:26:04 UTC.

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