MBSB’s net profit dropped 64% year-on-year to RM30.14 million in the first quarter of fiscal 2026, hit by higher credit loss provisions and lower interest income [1]. The company’s expected credit loss provisions rose to RM73.58 million, while net interest income declined 39%, partially offset by a nearly 70% rise in non-interest income. Total income fell 26% to RM260.48 million [1]. Ahead of the results, MBSB shares declined 1.5% to 66.5 sen, valuing the company at RM5.5 billion [1]. The company did not declare any interim dividend for the quarter [1].

Despite challenges, MBSB said it was "positioned to navigate the operating environment steadily and build on this quarter’s performance thanks to its healthy capital base, improving financing momentum, and continued progress on building current-account-savings-account," according to a company statement [1]. MBSB targets gross financing growth of 7%-8% and a return on equity of 5%-6% in 2026 [1].

In contrast, RHB Bank posted a 14%-14.23% increase in net profit to approximately RM856.8 million in Q1 FY2026 [2, 3]. This was supported by a 4.6% rise in net fund-based income to RM1.56 billion, driven by 6.2% loan growth and lower funding costs [2, 4, 3]. Non-fund based income also increased 14.1% to around RM640 million on higher fee income and trading gains [2, 4, 3].

Operating expenses rose 4.6% to RM1 billion, but the cost-to-income ratio improved to 46.2% from 47.4%. Net credit loss allowances fell 14.6% to RM90.3 million, reflecting lower loan losses and writebacks [2, 4]. RHB’s total assets increased 2% to RM365.4 billion at March 31, 2026, with gross loans and financing rising 6.2% year-on-year to RM254 billion, driven by mortgages, corporate and commercial lending, Singapore operations, and auto financing [2, 4]. Customer deposits grew 4% to RM258.5 billion, led by a 9.5% increase in CASA and 3.1% rise in fixed deposits, offset slightly by a drop in money market time deposits [2, 4].

RHB’s group managing director Datuk Mohd Rashid Mohamad said, "The operating environment continues to be shaped by global uncertainties, including geopolitical tensions, evolving trade dynamics and cautious market sentiment. Against this backdrop, we remain committed to supporting our customers while maintaining prudent financial discipline" [2]. He added, "Despite intensifying challenges in Q2 such as the West Asian oil crisis that could heighten energy price volatility, we remain focused on growth and prudent risk management" [4].

RHB’s shares were steady at RM8.20 during the market break on the day of the results, valuing the group at RM35.8 billion. The bank’s CET1 capital ratio stood at 14.7%, total capital ratio at 17.1%, and liquidity coverage ratio at 138.4%. Its total impaired loans ratio was 1.47%, below the industry average of 1.4%, with loan loss coverage of 114.3% [3].

MBSB announced its Q1 results on May 28, 2026, followed by RHB Bank on May 29, 2026 [1, 2, 3].