Maybank and CIMB Group reported better-than-expected Q4 FY2025 results, with net profits increasing by 12% and 15% respectively. Strong loan growth and improved asset quality contributed to the robust performance, driving their share prices up by 0.8% and 1.1% respectively.
Malaysia's banking giants, Maybank and CIMB Group, reported impressive fourth-quarter FY2025 results last week, surpassing market expectations. Maybank posted a net profit of RM2.45 billion, a 12% year-on-year increase, while CIMB's net profit reached RM1.82 billion, up 15% from the previous year. Both banks benefited from robust loan growth, particularly in corporate and retail segments, and continued improvement in asset quality. Maybank maintained a stable Net Interest Margin (NIM), while CIMB enhanced efficiency through cost optimization initiatives. Following the news, Maybank's share price rose 0.8% to RM9.25, and CIMB's stock gained 1.1% to RM6.88. Analysts are generally optimistic about the banking sector's outlook, expecting sustained earnings growth amidst the ongoing economic recovery.
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