Reported Earnings • May 29
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: RM0.20 (down from RM0.21 in 1Q 2025). Revenue: RM6.89b (down 5.4% from 1Q 2025). Net income: RM2.48b (down 4.2% from 1Q 2025). Profit margin: 36% (in line with 1Q 2025). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Reported Earnings • Apr 04
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: RM0.87 (up from RM0.84 in FY 2024). Revenue: RM28.9b (up 3.6% from FY 2024). Net income: RM10.5b (up 4.2% from FY 2024). Profit margin: 36% (in line with FY 2024). Net interest margin (NIM): 2.00% (no change from 2.00% in FY 2024). Cost-to-income ratio: 48.8% (down from 48.9% in FY 2024). Non-performing loans: 1.28% (up from 1.23% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Announcement • Mar 31
Malayan Banking Berhad, Annual General Meeting, Apr 30, 2026 Malayan Banking Berhad, Annual General Meeting, Apr 30, 2026, at 10:00 Singapore Standard Time. Location: ballroom, level 3, malaysia international trade, and exhibition centre (mitec), kompleks mitec, no. 8, jalan dutamas 2, 50480 kuala lumpur Malaysia Declared Dividend • Mar 02
Final dividend of RM0.33 announced Shareholders will receive a dividend of RM0.33. Ex-date: 12th March 2026 Payment date: 26th March 2026 Dividend yield will be 5.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (72% payout ratio) and is expected to be covered in 3 years' time (72% forecast payout ratio). The dividend has increased by an average of 1.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: RM0.87 (up from RM0.84 in FY 2024). Revenue: RM28.9b (up 3.6% from FY 2024). Net income: RM10.5b (up 4.2% from FY 2024). Profit margin: 36% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Announcement • Jan 31
Malayan Banking Berhad Announces Board Committee Changes, Effective February 1, 2026 Malayan Banking Berhad announces changes in board committees. Compliance Committee: Puan Rohaya Binti Mohammad Yusof will be appointed as a member of the Compliance Committee of the Board; Composition after the change: Dato' Zulkiflee Abbas Bin Abdul Hamid (Chairman) - Independent Non-Executive Director, Datuk Yee Yang Chien - Non-Independent Non-Executive Director, Miss Chiam Sou Hong - INED, and Puan Rohaya Binti Mohammad Yusof - INED. Sustainability Committee of the Board: Encik Shariffuddin Bin Khalid will resign as Chairman and member of BSC; Miss Chiam Sou Hong will be redesignated as Chairman of BSC; and Puan Rohaya Binti Mohammad Yusof will be appointed as a member of BSC. Composition after change: Miss Chiam Sou Hong (Chairman) - INED; Dato' Sri Khairussaleh Bin Ramli - Non-Independent Executive Director /President & Group CEO; Miss Shirley Goh - INED; and Puan Rohaya Binti Mohammad Yusof - INED. The changes will take effect on 1 February 2026. Announcement • Jan 01
Malayan Banking Berhad Announces Re-Designation of Shariffuddin Bin Khalid as Chairman of Risk Committee, Effective January 1, 2026 Malayan Banking Berhad announced the redesignation of Encik Shariffuddin Bin Khalid from Member of Risk Committee to Chairman of Risk Committee, effective January 1, 2026. Encik Shariffuddin Bin Khalid, aged 60, is an Independent Non-Executive Director. The composition of the Risk Committee after the change is as follows: Encik Shariffuddin Bin Khalid (Chairman) - Independent Non-Executive Director, Puan Fauziah Binti Hisham - Senior Independent Non-Executive Director, and Mr. Vittorio Furlan - Independent Non-Executive Director. Reported Earnings • Nov 23
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: RM0.22 (up from RM0.21 in 3Q 2024). Revenue: RM7.11b (up 3.3% from 3Q 2024). Net income: RM2.62b (up 3.3% from 3Q 2024). Profit margin: 37% (in line with 3Q 2024). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Declared Dividend • Aug 29
First half dividend increased to RM0.30 Dividend of RM0.30 is 3.4% higher than last year. Ex-date: 11th September 2025 Payment date: 26th September 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by earnings (73% payout ratio) and is expected to be covered in 3 years' time (73% forecast payout ratio). The dividend has increased by an average of 1.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 27
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: RM0.22 (up from RM0.21 in 2Q 2024). Revenue: RM7.21b (up 3.5% from 2Q 2024). Net income: RM2.63b (up 3.9% from 2Q 2024). Profit margin: 37% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 26
Malayan Banking Berhad Declares Single-Tier First Interim Cash Dividend in Respect of the Financial Year Ending 31 December 2025 Malayan Banking Berhad declared a single-tier first interim cash dividend in respect of the financial year ending 31 December 2025 of 30.0 sen (30 June 2024: 29.0 sen) per ordinary share, amounting to dividend payable of MYR 3,624,331,018 (based on 12,081,103,393 ordinary shares issued as at 30 June 2025). Pursuant to Section 8.26 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the interim dividend will be paid no later than three (3) months from the date of declaration. Reported Earnings • May 27
First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2025 results: EPS: RM0.21 (up from RM0.21 in 1Q 2024). Revenue: RM7.29b (up 3.6% from 1Q 2024). Net income: RM2.59b (up 4.0% from 1Q 2024). Profit margin: 36% (in line with 1Q 2024). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 28
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: RM0.84 (up from RM0.78 in FY 2023). Revenue: RM27.9b (up 8.7% from FY 2023). Net income: RM10.1b (up 7.9% from FY 2023). Profit margin: 36% (in line with FY 2023). Net interest margin (NIM): 2.00% (down from 2.10% in FY 2023). Cost-to-income ratio: 48.9% (no change from 48.9% in FY 2023). Non-performing loans: 1.23% (down from 1.34% in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Announcement • Mar 25
Malayan Banking Berhad, Annual General Meeting, Apr 24, 2025 Malayan Banking Berhad, Annual General Meeting, Apr 24, 2025, at 10:00 Singapore Standard Time. Declared Dividend • Mar 01
Final dividend of RM0.32 announced Shareholders will receive a dividend of RM0.32. Ex-date: 12th March 2025 Payment date: 26th March 2025 Dividend yield will be 5.7%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by earnings (73% payout ratio) and is expected to be covered in 3 years' time (73% forecast payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: RM0.84 (up from RM0.78 in FY 2023). Revenue: RM27.9b (up 8.9% from FY 2023). Net income: RM10.1b (up 7.9% from FY 2023). Profit margin: 36% (in line with FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Announcement • Feb 17
Malayan Banking Berhad Announces Chief Financial Officer Changes Malayan Banking Berhad announced cessation of office for Puan Khalijah Binti Ismail as Chief Financial Officer, effective February 17, 2025. Age is 58. Reason: Pursuant to an internal inquiry by the Bank. The process to identify a new Group Chief Financial Officer of Maybank has commenced and is underway. The Board will make the necessary announcement once the new Group Chief Financial Officer is appointed. In the interim, Encik Malique Firdauz Ahmad Sidique will assume the position of Acting Group Chief Financial Officer with effect from 17 February 2025. Announcement • Nov 29
Azam Jaya Berhad Provides an Update on Material Litigation in a Case Between Pembinaan AJ Vs Malayan Banking Berhad Azam Jaya Berhad provided an update on material litigation in a case between PEMBINAAN AJ (AS PLANTIFF) vs Malayan Banking Berhad (AS DEFENDANT). The Board of Directors of AZAM JAYA announced that Pembinaan AJ has filed an appeal to the COA and hearing was initially fixed on 13 November 2024 and was subsequently vacated. New hearing date has been fixed on 22 May 2025. Reported Earnings • Nov 27
Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2024 results: EPS: RM0.21 (up from RM0.20 in 3Q 2023). Revenue: RM6.88b (up 7.4% from 3Q 2023). Net income: RM2.54b (up 7.6% from 3Q 2023). Profit margin: 37% (in line with 3Q 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Board Change • Sep 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Vittorio Furlan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 31
First half dividend of RM0.29 announced Shareholders will receive a dividend of RM0.29. Ex-date: 11th September 2024 Payment date: 26th September 2024 Dividend yield will be 5.6%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by earnings (74% payout ratio) and is expected to be covered in 3 years' time (76% forecast payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 29
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: RM0.21 (up from RM0.19 in 2Q 2023). Revenue: RM6.96b (up 3.4% from 2Q 2023). Net income: RM2.53b (up 8.2% from 2Q 2023). Profit margin: 36% (up from 35% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • May 25
First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2024 results: EPS: RM0.21 (up from RM0.19 in 1Q 2023). Revenue: RM7.03b (up 17% from 1Q 2023). Net income: RM2.49b (up 9.8% from 1Q 2023). Profit margin: 35% (down from 38% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Buy Or Sell Opportunity • Apr 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.9% to RM9.82. The fair value is estimated to be RM8.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period. Buy Or Sell Opportunity • Apr 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.4% to RM9.73. The fair value is estimated to be RM8.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period. Reported Earnings • Mar 29
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: RM0.78 (up from RM0.67 in FY 2022). Revenue: RM25.7b (up 8.2% from FY 2022). Net income: RM9.35b (up 18% from FY 2022). Profit margin: 37% (up from 34% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.10% (down from 2.40% in FY 2022). Cost-to-income ratio: 48.9% (up from 45.2% in FY 2022). Non-performing loans: 1.34% (down from 1.57% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Announcement • Mar 27
Malayan Banking Berhad, Annual General Meeting, Apr 25, 2024 Malayan Banking Berhad, Annual General Meeting, Apr 25, 2024, at 10:00 Singapore Standard Time. Location: Ballroom, Level3, Malaysia International Trade and Exhibition Centre (MITEC) Kompleks MITEC, No.8, Jalan Dutamas 2 Kuala Lumpur Malaysia Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to re-elect Tan Sri Dato' Sri Ir. Zamzamzairani Mohd Isa as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election; and to discuss other matters. Buy Or Sell Opportunity • Mar 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.3% to RM9.70. The fair value is estimated to be RM8.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 8.0%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period. Upcoming Dividend • Mar 06
Upcoming dividend of RM0.31 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 26 March 2024. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (5.3%). Declared Dividend • Mar 02
Final dividend increased to RM0.31 Dividend of RM0.31 is 3.3% higher than last year. Ex-date: 13th March 2024 Payment date: 26th March 2024 Dividend yield will be 6.3%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by earnings (75% payout ratio) and is expected to be covered in 3 years' time (73% forecast payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 29
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: RM0.78 (up from RM0.69 in FY 2022). Revenue: RM25.7b (up 3.5% from FY 2022). Net income: RM9.35b (up 14% from FY 2022). Profit margin: 36% (up from 33% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year. Buy Or Sell Opportunity • Feb 20
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.5% to RM9.51. The fair value is estimated to be RM7.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.5%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 7.2% in the next 2 years. Announcement • Jan 23
Malayan Banking Berhad Appoints Datuk Yee Yang Chien as Non Independent and Non Executive Member of Nomination and Remuneration Committee Malayan Banking Berhad announced the appointment of Datuk Yee Yang Chien, aged 55 as Non Independent and Non Executive Member of Nomination and Remuneration Committee of the company with effect from 23 Jan 2024. Composition of Nomination and Remuneration Committee(Name and Directorate of members after change): Dr Hasnita Dato' Hashim (Chairman) - Senior Independent Non-Executive Director; Mr. Edwin Gerungan - Independent Non-Executive Director; Puan Fauziah Hisham - Independent Non-Executive Director; Dato' Zulkiflee Abbas Abdul Hamid - Independent Non-Executive Director; Datuk Yee Yang Chien - Non-Independent Non-Executive Director. Announcement • Dec 29
Malayan Banking Berhad Announces the Resignation of Dato' Zulkiflee Abbas Bin Abdul Hamid as Member of Risk Committee, Effective 1 January 2024 Malayan Banking Berhad announced the resignation of Dato' Zulkiflee Abbas Bin Abdul Hamid as Member of Risk Committee, effective 1 January 2024. Age is 66. Composition of Risk Committee: Mr. Anthony Brent Elam (Chairman) - Independent Non-Executive Director; Dr Hasnita Dato' Hashim - Senior Independent Non-Executive Director; Mr. Edwin Gerungan - Independent Non-Executive Director; Puan Fauziah Hisham - Independent Non-Executive Director; Encik Shariffuddin Khalid - Independent Non-Executive Director. Announcement • Dec 08
Maybank Announces Executive Changes Maybank announced that it has promoted group wealth management head Alvin Lee Han Eng to CEO for Singapore, succeeding John Lee upon his retirement. Lee, who is also currently the bank’s Singapore head of community financial services, will be responsible for running all of Maybank’s operations in Singapore. He will take on his new role as country CEO, CEO of Maybank Singapore and CEO of Malayan Banking Berhad Singapore branch next year Lee will report to president and Maybank group CEO Dato’ Khairussaleh Ramli and also serve as a member of the group executive committee. Lee had been with Maybank for 11 years, leading Singapore’s core community financial services. He also spearheaded the launch of Maybank Private Wealth in 2013, and introduced group wealth management in 2016, bringing together private, premier and privilege customers. Adam Tan will succeed Lee as the new head of community financial services. Tan is currently the head of corporate office for community financial services. John Lee Hin Hock will retire from Maybank effective 31 December, after being with the firm for 12 years. Announcement • Nov 25
Malayan Banking Berhad Announces Appointment of Yee Yang Chien as Non Independent and Non Executive Director Malayan Banking Berhad announced appointment of Datuk Yee Yang Chien as Non Independent and Non Executive Director. Age is 55. Date of change is 24 November 2023. Qualifications: Degree: Double-degree in Accounting /Financial Management and Economics from University of Sheffield, United Kingdom. Working experience and occupation: Datuk Yee Yang Chien began his career as an auditor, undertaking both external and internal audit assignments/roles. He then assumed roles related to equity research and investment banking in various local and international financial institutions. Datuk Yee first joined MISC Berhad ("MISC") in 2001 as Senior Manager, Research and Evaluation of the Corporate Planning and Development Unit. He subsequently joined AET Tankers Holding, a subsidiary of MISC, in 2005 as Group Vice President, Corporate Planning. Datuk Yee re-joined MISC in 2008 and the roles that he had assumed during his tenure with MISC include: (i) Vice President, Corporate Planning (2008 to 2013); (ii) Chief Operating Officer (2013 to 2014); and (iii) President/Group Chief Executive Officer (2015 to 2022). Datuk Yee retired from MISC in September 2022. During his tenure with MISC, he had led the execution of MISC Group's strategies and managed the overall businesses and operations of the group. He also led corporate exercises which include mergers and acquisitions, strategic investments and divestments, corporate bond issuance, initial public offering and incubated/launched technological/digital start-ups. Reported Earnings • Nov 23
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: RM0.20 (up from RM0.18 in 3Q 2022). Revenue: RM6.41b (down 2.5% from 3Q 2022). Net income: RM2.36b (up 8.9% from 3Q 2022). Profit margin: 37% (up from 33% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Sep 07
Upcoming dividend of RM0.29 per share at 6.4% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 27 September 2023. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Malaysian dividend payers (5.2%). Higher than average of industry peers (5.2%). Announcement • Sep 02
Malayan Banking Berhad Announces Interim Dividend in Respect of the Financial Year Ending 31 December 2023, Payable on 27 September 2023 Malayan Banking Berhad announced Single-tier first interim dividend in respect of the financial year ending 31 December 2023 of MYR 0.29 per ordinary share in the company. Ex-date 14 September 2023, entitlement date 15 September 2023 and payment date 27 September 2023. Reported Earnings • Aug 31
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2023 results: EPS: RM0.19 (up from RM0.13 in 2Q 2022). Revenue: RM7.30b (up 22% from 2Q 2022). Net income: RM2.34b (up 45% from 2Q 2022). Profit margin: 32% (up from 27% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • May 25
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: EPS: RM0.19 (up from RM0.17 in 1Q 2022). Revenue: RM6.03b (up 2.7% from 1Q 2022). Net income: RM2.27b (up 11% from 1Q 2022). Profit margin: 38% (up from 35% in 1Q 2022). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 3.8%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Mar 06
Upcoming dividend of RM0.30 per share at 6.7% yield Eligible shareholders must have bought the stock before 13 March 2023. Payment date: 24 March 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (4.9%). Reported Earnings • Feb 28
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: RM0.69. Revenue: RM24.9b (up 12% from FY 2021). Net income: RM8.23b (up 1.7% from FY 2021). Profit margin: 33% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Malaysia. Announcement • Jan 30
Malayan Banking Berhad to Report Q4, 2022 Results on Feb 27, 2023 Malayan Banking Berhad announced that they will report Q4, 2022 results at 11:30 AM, Singapore Standard Time on Feb 27, 2023 Reported Earnings • Nov 24
Third quarter 2022 earnings released: EPS: RM0.18 (vs RM0.14 in 3Q 2021) Third quarter 2022 results: EPS: RM0.18 (up from RM0.14 in 3Q 2021). Revenue: RM6.57b (up 31% from 3Q 2021). Net income: RM2.17b (up 28% from 3Q 2021). Profit margin: 33% (in line with 3Q 2021). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Nov 05
Malayan Banking Berhad Announces Executive Changes Malayan Banking Bhd has appointed Michael Oh-Lau as investment banking chief. The appointment is effective December 1, 2022. Oh-Lau is to take over from Ami Moris, who is retiring after four years in the role. Upcoming Dividend • Sep 12
Upcoming dividend of RM0.28 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 19 October 2022. Payout ratio is on the higher end at 90% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (4.6%). Announcement • Sep 07
Malayan Banking Berhad Declares Single-Tier First Interim Dividend in Respect of the Financial Year Ending 31 December 2022, Payable on 19 October 2022 MALAYAN BANKING BERHAD declares Single-tier first interim dividend in respect of the financial year ending 31 December 2022 of MYR 0.28 per ordinary share in the company. Ex-Date 19 September 2022. Payment Date is 19 October 2022. Entitlement date 20 September 2022. Reported Earnings • Aug 26
Second quarter 2022 earnings: EPS misses analyst expectations Second quarter 2022 results: EPS: RM0.15 (down from RM0.17 in 2Q 2021). Revenue: RM5.68b (up 1.3% from 2Q 2021). Net income: RM1.86b (down 5.4% from 2Q 2021). Profit margin: 33% (down from 35% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 24%, compared to a 19% growth forecast for the Banks industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. Announcement • Aug 25
Malayan Banking Berhad Declares Single-Tier First Interim Dividend in Respect of the Financial Year Ending 31 December 2022 The Board of Directors of Malayan Banking Berhad have declared a single-tier first interim dividend in respect of the financial year ending 31 December 2022 of 28.0 sen (30 June 2021: 28.0 sen) per ordinary share. Announcement • Aug 17
Maybank Appoints Siew Chan Cheong as Chief Strategy Officer Maybank has appointed Dr. Siew Chan Cheong as its Group Chief Strategy Officer, effective 15 August 2022. Dr. Siew will be responsible for developing and executing strategies for the Group. He will assist and report to the Group President & CEO (GPCEO) of Maybank, and work closely with the Board and the leadership team. He will also be responsible for broadening and deepening the digitalisation agenda and for driving the industrialisation and adoption of analytics across the Group to achieve business goals. He takes over the role from Michael Foong who concurrently held the position as Group Chief Strategy Officer in addition to CEO of International. Michael remains the CEO of International. Dr. Siew has over 20 years of experience in formulating and implementing multi-country transformation strategies across various industries and organisations, including major banks in Europe and Asia. As a former Senior Strategy Consulting Director with Strategy& (formerly Booz & Company), he worked with large British and German banking clients as part of his London and Hong Kong postings to help these clients achieve renewed growth following the Global Financial Crisis in 2008. Since returning to work in Southeast Asia in 2014, he has supported top ASEAN financial institutions in the areas of business growth acceleration, talent, digital banking and big data analytics. Most recently, Dr. Siew was the Group Chief Strategy & Innovation Officer of the RHB Banking Group. He holds a PhD in Engineering and a Bachelor degree (1st Class Hons) in Engineering from the University of Southampton, UK. He also graduated with an MBA from the London Business School. Reported Earnings • May 27
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: RM0.17 (down from RM0.21 in 1Q 2021). Revenue: RM5.88b (down 1.2% from 1Q 2021). Net income: RM2.04b (down 14% from 1Q 2021). Profit margin: 35% (down from 40% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 22%, compared to a 18% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. Upcoming Dividend • Mar 09
Upcoming dividend of RM0.30 per share Eligible shareholders must have bought the stock before 16 March 2022. Payment date: 14 April 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 6.6%. Within top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (4.8%). Announcement • Mar 05
Malayan Banking Berhad Announces Single-Tier Second Interim Dividend in Respect of the Financial Year Ended 31 December 2021, Payable on 14 April 2022 Malayan Banking Berhad announced single-tier second interim dividend in respect of the financial year ended 31 December 2021 of MYR 0.300 per ordinary share. The dividend is payable on 14 April 2022 with ex-date of 16 March 2022. Entitlement date is 17 March 2022.