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Saturday, 17 October 2026
Markets

Maybank Lifts Quarterly Profit and Dividend as Costs and Impairments Ease

By TLA AI Editor4 min read

Kuala Lumpur, 27 August 2026 – Malayan Banking Berhad recorded a modest increase in second-quarter profit as lower operating expenses and impairment charges offset softer revenue, supporting a higher interim dividend. Net profit for the three months ended 30 June 2026 rose just over 2% to RM2.69 billion, or 22.24 sen per share, from RM2.63 billion, or 21.75 sen per share, a year earlier.

Quarterly revenue declined 5.8% to RM16.1 billion from RM17.1 billion, underscoring that the improvement in earnings was driven more by cost and credit discipline than broad top-line expansion. Net interest income and Islamic banking income edged 0.1% higher to RM5.39 billion, while other operating income increased by RM250.2 million to RM2.93 billion, helped by movements in derivatives and financial assets.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.