Solid Start For Public Bank With Revenue Of RM7.3 Billion And Profit Of RM1.7 Billion
The Group's net interest and financing income increased by 3.5% to RM2.80 billion, supported by a stable net interest margin and growth in loans and deposits. Non-interest income showed a stronger increase, rising by 18.9% to RM772.1 million.
Key financial indicators reported by Public Bank include: Total loans and deposits expanded at annualised growth rates of 5.6% and 3.5%, respectively.
Net return on equity was 12.4%.
Cost-to-income ratio stood at 35.0%.
Gross impaired loans ratio was 0.5%.
Loan-to-fund and equity ratio was 83.9%.
Common Equity Tier 1 capital ratio was 14.0%, and the total capital ratio was 16.8%.
On prospects, the banking group acknowledged concerns about potential disruptions to international trade due to reciprocal tariffs announced by the United States. While a 90-day pause has been implemented, uncertainties remain about the long-term impact on global growth.
The bank noted that Malaysia, being an open economy and a key trade partner to the US, is susceptible to these trade tensions. However, it also pointed to supportive domestic measures such as wage hikes, ongoing infrastructure projects, a stable employment market, and a diversified economic structure, which are expected to mitigate some of the downside risks.
Tan Sri Tay, in the statement, emphasised the Public Bank Group's commitment to maintaining long-term resilience and sustainable growth. The Group plans to focus on its core competencies, capitalize on emerging opportunities and support customers in adapting to the evolving economic landscape Related
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