Q1FY23 Results - Investor Presentation
Financial Snapshot
| Q1FY23 Financial snapshot
Q1FY23 Financials
Income
Variance
1,162
(6%)
Q1FY22: 1,238
Reasonable start to FY23, lower net provisions driving
PATMI growth. Annualised ROE 10%
•
544
Expenses
10%
Q1FY22: 495
618
(17%)
•
Q1FY22: 743
64
Impairment
(69%)
Q1FY22: 203
PATMI
419
8%
•
Q1FY22:387
10.0%
6% NII growth driven by NIM expansion to 2.12% and higher
average loans and deposits balances YoY
Lower fee-based income in Insurance, Group Treasury and
Investment Banking in volatile market conditions
Normalised cost up 2% as Q1FY22 benefited from bonus
accruals reversal
CTI of 46.8% (Q1FY22: 40.0%)
Net impairment charge significantly lower. RM30mil central
overlay for corporate exposures. Total overlay carried
forward RM424mil
Lower impairment charge driving PATMI higher
Profitability PBP
(RM' mil)
ROE
Q1FY22: 10.0%
• ROTE: 10.4%
Visible corporate loans pipeline in Q2
Time deposits grew 3% YTD; CASA ratio 32.6% (FY22: 35.2%)
120.1
Assets &
Liabilities
Gross Loans
FY22: 120.0
(RM' bil)
Customer Deposits
121.4
FY22: 122.6
(1%)
FHC CET1
Capital &
Liquidity
(with Transitional Arrangements
("TA"))
12.38%
FY22: 12.20%¹
0.2%
•
153.0%
FHC LCR
(5.5%)
•
Highly liquid
FY22: 158.5%
1.
After deducting proposed dividend
AmBank Group
Q1FY23 Results - Investor Presentation
FHC CET1 (without TA) = 11.96% (FY22: 11.65%¹)
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