RHB Bank Bhd saw its net profit rise 7.1% year-on-year to RM1.7 billion in the first half of FY26 (1H26), while declaring an interim dividend of 15 sen per share as stronger income and lower expected credit losses supported earnings.
Total income reached RM4.4 billion, with net fund-based income increasing 5.3% to RM3.1 billion on higher gross loans and lower funding costs, while non-fund based income remained steady at RM1.2 billion.
The group kept operating expense growth to 2.6%, improving its cost-to-income ratio to 46.8% from 47.3%. Expected credit losses fell 12.7% to RM170 million from RM195 million.
For the second quarter, net profit rose marginally to RM807 million from RM804 million a year earlier, driven by higher total income and lower credit losses.
Gross loans stood at RM258 billion as at June 30, while customer deposits reached RM268 billion. The group’s CASA ratio was 27.6%, with liquidity coverage at 138.3%.
Group Managing Director and Group Chief Executive Officer Datuk Mohd Rashid Mohamad said the performance reflected disciplined execution of PROGRESS27, supported by cost optimisation, sound asset quality and continued innovation.
RHB said the 15 sen interim dividend reflects its resilient performance and commitment to consistent shareholder returns.
