For the first half of 2026, the Public Bank Group reported a pre-tax profit of RM4.71 billion, up 1.3% from the corresponding period in 2025. Net profit attributable to shareholders rose 2.0% to RM3.58 billion.
Operating profit increased by 3.4%, mainly underpinned by strong growth of 12.2% in non-interest and non-financing income. Net interest and financing income growth moderated to 0.5% in a highly competitive loan and deposit market. For the first half of 2026, the Group’s total loans and deposits posted annualised growth rates of 5.9% and 4.7% respectively.
Operating expenses remained well managed, with an efficient cost-toincome ratio of 35.1%. Asset quality remained sound with the gross impaired loans ratio standing at 0.54%, well below the banking industry’s average impaired loan ratio of 1.43%. Loan loss coverage remained at a prudent level of 138.9%, exceeding the 81.3% industry loan loss coverage ratio. With sound fundamentals, net return on equity for the first half of 2026 remained stable at 12.2%
The Public Bank Group’s total loans for the first half of 2026 rose by an annualised rate of 5.9% to RM458.9 billion. The domestic loans expanded by 6.2% on an annualised basis to RM434.1 billion, outperforming the Malaysian banking industry’s annualised loan growth of 5.5%.
For the first six months of 2026, non-interest and non-financing income recorded a strong growth of 12.2% to RM1.80 billion, as compared with the corresponding period last year. This was driven primarily by commendable growth of 28.6% in the unit trust business, 16.6% in the foreign exchange business and 5.4% in the general insurance business.
Second quarter revenue increased to RM7.6 billion while profit after tax was at RM1.8 billion. The group declared final dividend of 10.5 sen to be paid in September.
