CIMB Group Holdings (CIMB) Q3 2025 earnings summary

Executive summary

• Net profit for Q3 2025 grew 10% quarter-on-quarter, bringing nine-month net profit to RM5.94 billion and ROE to 11.3%.

• Performance attributed to diversified portfolio, strong business segments, and disciplined execution despite macro headwinds and persistent rate cuts.

• Strategic investments in digital banking, cross-border payments, and sustainability initiatives advanced long-term value.

• Operating income for 9M25 grew 0.4% year-on-year to RM17.05 billion, with a 6.2% sequential increase in Q3, driven by strong non-interest income and stable net interest income.

• Special dividends of up to RM760.2 million (7.0 sen per share) were announced, in addition to regular dividends.

Financial highlights

• Net interest income for 9M25 was RM8.40 billion, slightly down from RM8.57 billion year-over-year; non-interest income up 3.4% year-on-year.

• Cost-to-income ratio at 46.5% for 9M25, up 60bps year-on-year, with operating expenses rising 1.6%.

• Gross loans expanded 3.3% year-on-year to RM448.2 billion; total assets grew 5.1% to RM778.5 billion.

• CASA balances grew 9.1% year-on-year, with a CASA ratio of 44.1%.

• Loan loss charge at 33bps, within guidance; gross impaired loans ratio improved to 1.9%; allowance coverage at 102.8%.

Outlook and guidance

• FY25 guidance maintained across all key metrics, with ROE guidance at 11.0–11.5%, loan growth 5–7%, CIR below 46.7%, loan loss charge 25–35bps, and CET1 ≥14.0%.

• FX volatility expected to remain a short-term headwind, with 40%+ of business outside Malaysia.

• Interest rate cuts expected to taper off, with NIMs likely to stabilize.

• Continued commitment to long-term investment and Forward30 strategy despite short-term volatility.