RHB Bank (RHBBANK) Q3 2025 earnings summary

Executive summary

• Net profit for 9M 2025 rose 7.5% year-over-year to RM2.5 billion, driven by higher income, cost discipline, and sharply reduced ECL, with Q3 2025 net profit up 12.5% quarter-over-quarter to RM904 million.

• Total assets increased 2.4% from December 2024 to RM358.2 billion, with shareholders' equity at RM33.6 billion and net assets per share at RM7.71.

• Gross loans and financing grew 7.9% year-over-year to RM245.4 billion, mainly from mortgage, corporate, Singapore, commercial, and auto finance segments.

• Customer deposits increased 6.5% year-over-year to RM253.7 billion, with CASA composition at 29.5%.

• Gross impaired loans ratio improved to 1.50% from 1.77% a year ago.

Financial highlights

• Net profit: RM2.5 billion for 9M 2025 (up 7.5% year-over-year); Q3 2025 net profit: RM904 million (up 12.5% quarter-over-quarter).

• Total income: RM6.44 billion for 9M 2025 (up 0.7% year-over-year); Q3 2025 total income: RM2.24 billion (up 3.9% quarter-over-quarter).

• Net fund based income: RM4.49 billion for 9M 2025 (up 3.8% year-over-year); non-fund based income: RM1.96 billion (down 5.6% year-over-year).

• Cost-to-income ratio (CIR): 46.9% for 9M 2025, increased from 46.0% a year ago.

• ECL reduced 91.9% quarter-over-quarter in Q3 2025; credit cost improved to 17 bps for 9M 2025 from 27 bps in 9M 2024.

Outlook and guidance

• The group aims to accelerate its PROGRESS27 strategic roadmap, focusing on customer centricity, innovation, and digital capabilities for 2026, aligned with Malaysia's Budget 2026.

• The economic outlook for Malaysia remains optimistic, supported by robust consumer spending, healthy labor market, and investment activity.

• The banking sector's strong capital and liquidity positions are expected to support resilience against potential shocks.