Malayan Banking Bhd (Maybank) reported a profit after tax and zakat (PATZ) attributable to equity holders of RM2.62 billion for the quarter ended 30 September 2025, marking a 3.3% increase from the same period a year earlier.
The improved quarterly performance was supported by stronger net interest and Islamic banking income, which grew 2.7% to RM5.36 billion, and a sharp rise in other operating income. For the quarter, other operating income surged RM743.1 million to RM2.75 billion, lifted by lower unrealised mark-to-market losses on financial liabilities at FVTPL, higher gains on financial investments and derivatives, although partially offset by unrealised losses on derivatives and lower foreign exchange gains.
The Group’s insurance and takaful service result rose RM23.3 million to RM305.2 million in the quarter.
For the nine-month period, Maybank recorded PATZ of RM7.84 billion, up 3.7% compared with the previous corresponding period.
Net interest income and Islamic banking income increased 1.6% to RM16.03 billion, while insurance and takaful service results climbed 25.7% to RM1.17 billion.
Other operating income for the nine months grew 5.8% to RM7.52 billion, driven by higher realised derivative gains and increased disposal gains from financial investments at FVOCI. These improvements were offset by lower unrealised gains on FVTPL investments and higher unrealised losses on financial liabilities.
Profit before tax from Group Asset Management, Insurance and Takaful slipped 7.1% to RM935.6 million, weighed down by lower net interest income, reduced operating income, and higher impairment charges on financial investments. These pressures were partially cushioned by higher insurance/takaful service results and lower overhead expenses.
Group overhead expenses for the nine-month period rose 3.8% to RM11.18 billion, driven primarily by higher personnel, administrative, establishment, and marketing expenses.
Net impairment allowances on loans, advances and financing improved significantly, falling 54.9% to RM553.2 million, supported by corporate borrower restructuring and recoveries from the non-retail portfolio.
However, net impairment allowances on financial investments increased sharply by RM630.5 million to RM671.8 million
Maybank did not declare any interim dividend for the financial period ended 30 September 2025.
