Maybank's net profit for the first quarter ended March 31, 2026, fell 4% year-on-year to RM2.48 billion from RM2.59 billion in 1QFY2025 [1, 2, 3, 4, 5, 6]. Total revenue dropped 11.61% to RM14.915 billion from RM16.874 billion the previous year [4, 5, 6]. The bank saw net interest income rise 3.2%, but other operating income, including fees and trading gains, plunged 47% [1, 2, 4]. Loan income increased 3.2% to RM5.11 billion, with total loans growing 0.9% to RM684.5 billion [4].
Cost control measures helped reduce operating expenses by 5.3% to RM3.5455 billion. The cost-to-income ratio was 49.9% [4]. Maybank's gross impaired loans ratio stood at 1.34%, supported by a loan loss coverage ratio of 104.4% [4]. Customer current and savings accounts (CASA) grew strongly in Malaysia (7.5%), Singapore (22.5%) and Indonesia (27.6%), pushing the CASA ratio to 41.1% [4]. Liquidity Coverage Ratio was 133.3%, Common Equity Tier 1 ratio 14.96%, and Total Capital Ratio 18.47% [4].
On May 28, 2026, Maybank's shares dropped 4% to RM10.50, their lowest mark since January 9, with market capitalization falling below RM130 billion to about RM127 billion [3, 5, 6]. The Bursa Malaysia Financial Services Index was the worst performing sector that day [3, 5, 6]. Malaysian banks navigated volatile markets and geopolitical tensions from the nearly three-month Middle East conflict as provisions rose [3]. Policymakers introduced a RM5 billion low-interest loan facility backed by the central bank for SMEs affected by the conflict [3].
Maybank said it aims to build scalable businesses in Islamic finance, regional wealth management, regional transactions and payments, and regional corporate and investment banking [1, 2].
Meanwhile, Mah Sing Group reported a 3% net profit increase to RM68.1 million for 1QFY2026, despite a 13.33% revenue decline to RM563.1 million. The developer holds about RM1 billion in cash and short-term investments for strategic landbanking [7]. CEO Datuk Pan Ding You cited ongoing demand for its M series developments and positive momentum into the second half of 2026, while founder Tan Sri Leong Hoy Kum emphasized resilient business and sustainable growth [7].
Maybank’s next financial update or related shareholder meeting has not yet been announced.