BUSINESS

AMMB Holdings' Net Profit Rises To RM534.58 Mln In 2Q FY2026

26/11/2025 03:24 PM

KUALA LUMPUR, Nov 26 (Bernama) -- AMMB Holdings Bhd has posted a higher net profit of RM534.58 million in the second quarter of financial year 2026 (2Q FY2026), compared to RM500.57 million a year earlier.

Meanwhile, its revenue increased to RM1.29 billion from RM1.23 billion previously.

In a filing with Bursa Malaysia today, the group said its net profit increased to RM1.05 billion in the first half of its FY2026 (1H FY2026) from RM1 billion in 1H FY2025.

Net income rose 7.3 per cent year-on-year (y-o-y) to RM2.58 billion from RM2.41 billion previously, supported by improvements in both net interest income (NII) and non-interest income (NOII).

“NII grew 5.0 per cent y-o-y to RM1.85 billion, driven by a 1.99 per cent y-o-y net interest margin expansion,” it said.

On prospects, AMMB Holdings said AmBank Group remains optimistic about its outlook, supported by the pragmatic implementation of Budget 2026, which reflects the government’s continued efforts to strengthen Malaysia’s fiscal and economic position while ensuring improvements in people’s quality of life.

It noted that Malaysia’s economic growth expanded by 5.2 per cent y-o-y in the third quarter of 2025 (3Q 2025), accelerating from 4.4 per cent in 2Q 2025, bringing the nation’s growth for the first nine months to 4.7 per cent.

“The economic growth was driven by the frontloading of exports, resilient household spending, a healthy labour market, and higher tourist arrivals, among other factors.

“In light of this stronger-than-expected performance, we have revised our 2025 gross domestic product growth forecast upward to 4.5 per cent, following a 5.1 per cent expansion in 2024,” it added.

With the continued strengthening of its capital position, the group declared a higher interim dividend of 12.5 sen per ordinary share for the financial year ending March 31, 2026, up 21.4 per cent y-o-y.

-- BERNAMA


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