Maybank and CIMB Lead Banking Sector Higher on Strong Earnings

March 1, 2026
Company News
Bursa Malaysia

Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd reported better-than-expected fourth-quarter earnings, propelling the banking sector higher. Strong net interest income growth and robust loan expansion were key drivers, boosting investor confidence in the sector's resilience.

Kuala Lumpur, March 1, 2026 – Malaysia's two largest banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, reported robust fourth-quarter results for the financial year 2025 last week, surpassing market expectations and injecting positive momentum into the banking sector. Maybank's net profit surged 15% year-on-year to RM2.45 billion, while CIMB recorded a 12% increase in net profit to RM1.98 billion. Both banks benefited from higher net interest income and sustained loan growth, particularly in the retail and SME segments. Analysts have largely upgraded their ratings and target prices for banking stocks, anticipating continued strong performance amid economic recovery and potential interest rate hikes. Maybank's share price rose 1.8% to RM9.25 last week, and CIMB climbed 2.1% to RM6.70.
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