CIMB Group Holdings (CIMB) Q2 2026 earnings summary

Executive summary

• Net profit for Q2 2026 was MYR 1.94 billion, up 1.2% QoQ, with annualized ROE at 11.2%, supported by broad-based growth and transformation initiatives.

• Asset quality improved to a record low gross impaired loan ratio of 1.6%.

• Transformation under Forward30 is driving resilient performance, cost efficiencies, and digital and wealth momentum.

• Dividend payout ratio maintained above 55%, with 1H26 dividend at 19.65 sen per share and CET1 at 14.0%.

• Operating income rose 2.8% QoQ, while operating expenses fell 1.2% YoY, improving cost-to-income ratio to 45.2%.

Financial highlights

• Q2 2026 net profit: MYR 1.94 billion; annualized ROE: 11.2%; operating income up 2.8% QoQ to RM5,562 million.

• Non-interest income increased 6% QoQ, driven by wealth and cross-border business.

• NIM declined 4bps QoQ to 2.04%; cost-to-income ratio at 45.2%.

• Gross impaired loans ratio at 1.6%, an all-time low.

• CET1 ratio at 14.0% after proposed dividend.

Outlook and guidance

• FY26 guidance maintained: ROE 11.0–11.5%, asset growth 5–7%, CIR <47%, loan loss charge 25–35bps, CET1 ≥14.0%.

• Focus on Forward30 execution, digital transformation, and disciplined capital allocation.

• NIM guidance revised to flat to -10bps for the year, reflecting margin pressures.

• Asset and loan growth expected to meet earlier guidance; strong pipeline in place.

• Cautious outlook for 2H26 due to macroeconomic and geopolitical uncertainties.