Maybank and CIMB Group reported solid quarterly earnings that exceeded expectations, driven by improved net interest income and asset quality. Shares of both banking giants saw marginal gains following the positive announcements.
Malayan Banking Bhd (Maybank) today announced robust fourth-quarter results, with net profit surging 8.5% year-on-year to RM2.35 billion, surpassing market expectations. CIMB Group Holdings Bhd also performed strongly, with net profit climbing 7.2% to RM1.82 billion. Both banks benefited from higher net interest income and loan growth, while maintaining stable non-performing loan ratios. Maybank's shares rose 0.5% to close at RM9.25, while CIMB gained 0.7% to RM6.50. Analysts are generally optimistic about the outlook for both banks, anticipating continued growth momentum in 2026, particularly amidst a recovering regional economy.
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