RHB Bank Bhd reported a 14.2% year-on-year increase in net profit to RM856.75 million for the first quarter ended March 31, 2026 (1Q26), driven by higher non-fund-based income, stronger net funding income and lower allowances for credit losses.
Revenue for the quarter eased to RM4.26 billion from RM4.38 billion a year earlier, but overall performance was supported by improved income composition and disciplined cost management.
Net fund-based income rose 4.6% to RM1.6 billion, underpinned by 6.2% growth in gross loans and lower funding costs. Non-fund-based income climbed 14.1% to RM600 million, supported by higher fee income as well as stronger trading and investment gains.
Total income reached RM2.2 billion, while the group maintained a cost-to-income ratio of 46.2%, reflecting continued cost discipline amid a cautious operating environment.
RHB’s total assets stood at RM365 billion, supported by a solid balance sheet position. Shareholders’ equity amounted to RM33 billion, with capital ratios remaining healthy — Common Equity Tier-1 at 14.7% and total capital ratio at 17.1%.
RHB Banking Group Managing Director and Group Chief Executive Officer Datuk Mohd Rashid Mohamad said the group remains focused on supporting customers, particularly SMEs, through targeted financing initiatives while maintaining prudent financial discipline amid global uncertainties.
He added that the bank will continue prioritising sustainable growth, resilience and risk management as it navigates evolving market conditions.
