Maybank announced robust fourth-quarter results, with net profit surging 15% year-on-year, surpassing market expectations. The positive earnings report boosted its share price by 2.5% during Friday's trading session, reflecting investor confidence in the banking giant's strong financial performance and outlook.
Malayan Banking Bhd (Maybank) reported impressive financial results for the fourth quarter of fiscal year 2025, with net profit reaching RM2.52 billion, a 15% increase year-on-year. This figure significantly surpassed analysts' consensus estimates of RM2.2 billion. The robust performance was primarily attributed to healthy loan growth, improved net interest income, and lower provisions. Following this positive news, Maybank's share price climbed 2.5% in Friday's trading session, closing at RM9.85. Management indicated that despite global economic uncertainties, the bank remains focused on cost control and asset quality management, projecting solid growth for fiscal year 2026.
Share: