AmBank's 2Q net profit rises to RM534.58mil, posts 12.5c div/share

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) posted an improved second financial quarter (2QFY26) and record earnings in the first half of FY26 (1HFY26) as it maintained net income growth against a challenging macro and geopolitical backdrop.

In the second quarter ended Sept 30, 2025, the group said net profit came to RM534.58mil, up from RM500.57mil in the year-ago quarter. Earnings per share rose to 16.16 sen from 15.14 sen previously.

The group reported revenue of RM1.29bil against RM1.23bil in the comparative quarter.

Over the six-month period, AmBank's net profit came to a record RM1.05bil, up from RM1bil in the same period in 2024. 

First-half revenue climbed to RM2.58bil from RM2.41bil in 1HFY25.

The group declared an interim dividend of 12.5 sen per share, with entitlement date on Dec 11, 2025, and payable on Dec 30, 2025.

"“We are satisfied with our results for the first half, and we remain vigilant in monitoring our asset quality. Looking ahead, I am confident that the AmBank Group will grow in tandem with

Malaysia’s economy," said group CEO Jamie Ling in a statement.

According to the group, net interest income grew 5% year-on-year (y-o-y) to RM1.85bil, due to net interest margin increasing six basis points to 1.99% from the same period in the previous year.

Non-interest income, meanwhile, grew 13.5% y-o-y to RM731.7mil on higher trading gains in securities from Group Treasury and Markets (GTM). The higher contribution more than offset the decline in fee income from investment banking and group wealth management.

During the period, net impairment charges increased to RM96.2mil from RM57.2mil in 1HFY25, due to higher provisions in business banking with an overlay provision of RM99.3mil taken in the SME portfolio and a marginal increase in retail banking. 

The group said total gross loans, advances and financing grew 1.2% year-to-date to RM140.5bil. 

Customer deposits contracted 1.1% year-to-date to RM140bil. Year-to-date time deposits grew 1.3% to RM91.7bil while current account savings account decreased 5.2% to RM48.3bil.