MBSB Bhd has declared a dividend of 0.86 sen per share for the second quarter of 2026 (2Q26), as the financial services group delivered a stronger quarter across funded and non-funded income.
Net funded income rose 4.4% quarter-on-quarter to RM272.5 million from RM261.1 million, supported by the expansion of its financing base, while non-funded income increased 9.3% to RM79.8 million from RM73 million. This lifted net income to RM352.3 million from RM334.1 million.
The group’s current account savings account (CASA) ratio improved to 16.8% as at June 2026 from 13.7% at the end of 1Q26, driven by deposit growth across its Corporate and Commercial Banking segments.
On a year-on-year basis, gross financing expanded to RM46.9 billion from RM42.9 billion, while customer deposits grew to RM41.9 billion from RM37.3 billion. CASA balances increased by RM3.6 billion, helping lower MBSB’s cost of funds by 32 basis points to 3.4%.
MBSB said its capital position remains robust after the dividend, with a Common Equity Tier 1/Tier 1 Capital Ratio of 17.3%, Total Capital Ratio of 19.7% and Liquidity Coverage Ratio of 133.6%, comfortably above the regulatory requirement of 100%.
Nevertheless, MBSB’s profit after taxation and zakat for the first half of 2026 (1H26) stood at RM74.36 million, down 58.7% from RM180.23 million a year earlier, while revenue declined 10.4% to RM1.61 billion from RM1.80 billion.
For 2Q26, profit after taxation and zakat was RM44.22 million, 53.7% lower than RM95.55 million in 2Q25, while revenue fell 11.1% to RM829.94 million from RM933.43 million.
