Q1FY24 Results - Investor Presentation
Financial Snapshot (Reported)
| Q1FY24 Financial snapshot
Q1FY24 Reported Financials
Income
Variance
1,202
4%
Q1FY23: 1,153
Strong PBP growth offset by higher impairment charges
.
Higher funding costs; NIM 1.76% (Q1FY23: 2.12%)
Partially offset by stronger fee income, trading and
investment income as well as finalisation of sales
consideration for disposal of AmGen (RM51mil)
Disciplined cost management, CTI of 42.2%
(508)
Expenses
(7%)
•
Q1FY23: (544)
694
Profitability
(RM' mil)
PBP
14%
•
Double-digit PBP growth
Q1FY23: 609
Impairment
(190)
Q1FY23: (64)
>100%
•
Higher impairment charges in RB and BB
378
PATMI
(8%)
•
Lower PATMI as a result of higher impairment
Q1FY23: 410
ROE (Annualised)
8.3%
Q1FY23: 9.8%
(1.5%)
ROTE: 8.4%
Liabilities
Gross Loans
Assets &
(RM' bil)
Customer Deposits
129.0
FY23: 130.2
(1%)
130.3
FY23: 130.3
Lower customer activities in WB and BB, offset by consistent
growth in RB
Time Deposits (TD) grew 11% YTD; CASA switched to TD.
CASA ratio 30.4% (FY23: 37.4%)
FHC CET1
Capital &
Liquidity
(with Transitional Arrangements ("TA"))
12.88%
FY23: 12.51%²
•
Capital ratio continue to improve
0.37%
FHC CET1 (without TA) = 12.59% (FY23: 12.10%)²
FHC LCR
170.0%
FY23: 149.2%
20.8%
•
Highly liquid
1.
2.
Q1FY23 P&L numbers are restated following the adoption of MFRS 17 for Insurance Business
After deducting proposed dividend
AmBank Group
Q1FY24 Results - Investor Presentation
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