AMMB Holdings (AMBANK) investor relations material

Executive summary

• Q1FY27 delivered resilient performance with PATMI of RM520.2m, supported by revenue growth and 7% YoY loans growth.

• Net income rose 2.8% YoY to RM1,327.5m, driven by stronger net interest income despite softer non-interest income.

• Positive operating leverage with improved cost-to-income ratio (CTI) at 43.4% and positive JAWS.

• Asset quality remained stable with GIL at 1.62% and net credit cost at 0.19%.

• CET1 ratio held steady at 14.82%, supporting dividend plans and ample liquidity.

Financial highlights

• Total income rose 3% YoY to RM1,327m; NII up 4.3% YoY to RM964.7m, NIM compressed to 1.93% from 2.01%.

• Expenses increased 2.1% YoY to RM576m, mainly due to higher personnel and IT costs.

• PBT grew 4% YoY to RM682m; PATMI up 1% YoY to RM520m.

• Gross loans expanded 7% YoY to RM147.8b, led by Wholesale (+19%) and Business Banking (+11%).

• Customer deposits up 4.4% YoY to RM144.1b, with time deposits up 7% and CASA mix at 32.5%.

Outlook and guidance

• Malaysia GDP growth forecast at 4.8% for CY2026; inflation 1.8%-2.3%.

• Loans growth expected at 5.0%-5.5% with stable asset quality and resilient liquidity/capital positions.

• OPR projected at 2.75%; USD/MYR expected between 4.05 and 4.15.

• AI-driven upcycle expected to support business loan demand, especially in electronics supply chain.

• Group remains vigilant on geopolitical risks, maintaining prudent provisioning and focus on digitalisation, operational excellence, and sustainability.