Maybank Group today announce that its net operating income for the third quarter ended 30 September 2021 (3QFY21) increased slightly by 1.2% to RM6.15 billion from RM6.08 billion previously on higher net fund based income of 14.3% Y-o-Y to RM4.72 billion, but profit before tax (PBT) and net profit came in lower as a reduction in net fee based income as well as higher net impairment losses more than offset the rise in net fund based income.

Highlights

  • Net fund based income up 14.3% to RM4.72b
  • Net fee based income lower at RM1.43b from RM1.95b
  • Net operating income 1.2% higher at RM6.15b
  • Overhead expenses registered 4.3% increase to RM2.82b
  • Pre-provisioning operating profit at RM3.33b from RM3.37b last year
  • Net impairment losses increased to RM1.13b from RM805.9m
  • Profit before tax at RM2.27b from RM2.61b
  • Net profit at RM1.68b from RM1.95b
  • Healthy liquidity position with Group Liquidity Coverage Ratio (LCR) at 138.1%
  • Robust capital position: 18.21% total capital ratio & 14.24% CET1 capital ratio

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

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Disclaimer

Maybank - Malayan Banking Bhd published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 12:29:02 UTC.