Results Announcement Date: 26 November 2025 (Closing Share Price: RM5.88)


Ambank’s Net Profit was up 6.8% from pcp. Net interest income was up slightly (+1.3%), while higher-than-expected investment gains and a write-back of impairment provision on a corporate bond helped to drive earnings higher, albeit offset in large part by additional management overlays of around RM99 million on its Retail SME loan portfolio. Key highlights:

• Cost-Income Ratio (CIR) of 43.8%.
• Before the impact of Loan Loss Provision and Writebacks, PBT grew to RM1.45 billion for 2026H1 compared to RM1.36 billion in 2025H1, an increase of 7%.
• Net impairment charges were higher at RM96.2 million, mainly due to higher overlay provision taken in the SME portfolio, partially offset by higher reversals of provisions in Wholesale Banking and higher recoveries.
• Annualised Return on Equity (ROE) at 10.1%.
• Net Loans was up 1.0% from 31 March 2025 financial year end.
• Customer deposits was slightly down from 31 March 2025 but up 2.7% from 30/9/24.
• Gross Impaired Loans ratio (GIL) deteriorated to 1.75% from 1.17% in FY2026Q1 due to higher GIL in Business Banking under the property and manufacturing sectors.
• Outstanding management overlays of RM497 million (Source: Public Investment Bank)

CIR is still well short of Ambank’s 40% target under its WT29 (Winning Together) Strategy, while ROE is still below its 11-12% target.