Public Bank Berhad (PBBANK) investor relations material

Executive summary

• Net profit increased 2.0% year-over-year and 4.2% quarter-over-quarter, with ROE at 12.2%.

• Pre-tax profit for the half year ended 30 June 2026 rose 1.3% year-over-year to RM4,708.4 million, driven by higher non-interest income and steady loan growth.

• Non-interest income increased 12.0% year-over-year, mainly from higher unit trust-related fees and foreign exchange income.

• Loans and deposits grew at annualised rates of 5.9% and 4.7%, respectively.

• The Group maintained a low gross impaired loans ratio of 0.54%, well below the industry average.

Financial highlights

• Operating revenue for the half year was RM14,927.0 million, up from RM14,665.0 million year-over-year.

• Net interest/financing income grew 0.5% year-over-year; non-interest income surged 12.2%.

• Earnings per share rose 1.9% year-over-year to 18.50 sen.

• Net interest margin declined to 2.09% from 2.15% in the previous year.

• Total assets reached RM582.1 billion as at 30 June 2026, up from RM561.7 billion at end-2025.

Outlook and guidance

• Strategic focus on sustainable shareholder returns, digital transformation, and superior customer experience.

• The Group expects moderate global growth in 2026 amid geopolitical and market uncertainties, but anticipates continued domestic demand and supportive policies to sustain Malaysian economic growth.

• Focus remains on core segments: residential property, passenger vehicles, and SME financing, as well as expanding non-interest income and sustainable finance.

• The Group aims to achieve Carbon Neutral (Scope 1 & 2) by 2030 and Net Zero Carbon by 2050.

• Emphasis on prudent capital management, asset quality, and cost discipline.