AFFIN Group reported a Profit Before Tax (PBT) of RM346.1 million for the financial period ended 30 June 2026, representing a decrease of RM11.9 million or 3.3% compared to RM358.0 million recorded in the previous financial period. While Profit after tax slip slightly to RM127 million from RM143 million delivered in the same quarter last year.
Net income increased 12.2% YoY to RM1.30 billion, supported by higher net interest income and net fee and commission income. With operating expenses increasing by 2.6%, operating profit before allowances rose 33.5% YoY to RM481.9 million. Gross loans, advances and financing increased 13.6% YoY to RM84.1 billion, while customer deposits grew 3.0% to RM81.1 billion. Total assets stood at RM129.4 billion, 10.6% higher than a year earlier.
Datuk Wan Razly Abdullah, President & Group Chief Executive Officer of AFFIN Group, said, “The US-Iran conflict has extended beyond the earlier ceasefire expectations, intensifying cost-of-living pressures in Malaysia and placing greater strain on consumer sentiment and spending. In response, the Group has further tightened its underwriting standards.”
“The Group has issued an additional RM400 million in AT1CS in July, strengthening the Group’s capital position and improving its total capital ratio by 40 basis points. This provides an additional capital resilience amid the current global uncertainties.”
