Maybank Earnings Summary Q3 & 9M FY2020
P&L Summary: 9M FY2020
Strong net fee based income and reduction in overhead expenses resulted in PPOP growth of 4.6% YoY
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RM million
on
s.24 Net fund based income *
5.9/
Net fee based income *
10/24
S.22/
23
Net operating income
9M
9M
YOY
FY2020 FY2019
3Q
2Q
FY2020 FY2020
QoQ
3Q
FY2019
YOY
6,137.5 5,252.1
12,313.0 12,995.9 (5.3) % 4,128.3 3,840.3
16.9% 1,949.5 1,808.3
7.5%
4,522.2 (8.7)%
7.8%
1,976.0 (1.3)%
18,450.5 18,247.9
1.1%
6,077.8 5,648.5
7.6%
6,498.2 (6.5)%
s.11
Overhead expenses
(8,352.8) (8,592.8) (2.8) % (2,704.4) (2,706.3) (0.1) % (2,963.6) (8.7)%
Net impairment losses
Operating profit
s.22 Profit before taxation and zakat (PBT)
Net Profit
2
-
EPS Basic (sen)
44.0
s.23 Pre-provisioning operating profit (PPOP) 1 10,097.7 9,655.1 4.6%
(3,570.9) (2,024.5) 76.4% (805.9) (1,740.7) (53.7) % (934.9) (13.8)%
6,526.9 7,630.6 (14.5) % 2,567.5 1,201.5 >100% 2,599.7 (1.2)%
6,664.8 7,750.3 (14.0) % 2,611.3 1,255.7 >100% 2,648.3 (1.4)%
4,943.8 5,748.9 (14.0)% 1,952.4 941.7 >100% 1,998.8 (2.3)%
(14.8)%
3,373.4 2,942.2 14.7% 3,534.6 (4.6)%
51.6
17.4
8.4
> 100%
17.8 (2.3)%
Note:
* From consolidated 9M FY2020 Group numbers, Insurance and Takaful accounts for 11.3% of net fund based income and 6.8% of net fee based income
1 Pre-provisioning operating profit (PPOP) is equivalent to operating profit before impairment losses
2 Net Profit is equivalent to profit attributable to equity holders of the Bank
6
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