Maybank Performance Outlook FY2019
Key Operating Ratios
%
FY2018
FY2017 YOY
1Q
2Q
3Q
4Q
FY2018 FY2018 FY2018 FY2018
4Q
QoQ
YOY
FY2017
Return on Equity
11.4
10.9
0.5%
10.5
11.1
11.0
13.0
2.0%
12.4
0.6%
Net Interest Margin
2.33
2.36
(3) bps
2.39
2.27
2.30
2.38
8 bps
2.30
8 bps
Fee to Income Ratio
27.5
28.4
(0.9)%
27.1
28.6
25.0
29.0
4.0%
31.2
(2.2)%
Loans-to-Deposit Ratio
1
92.7
93.8
(1.1)%
92.5
92.8
94.4
92.7
(1.7)%
93.4
(0.7)%
2
Cost to Income Ratio
47.4
48.6 (1.2)%
47.5
46.0
47.3
48.7
1.4%
48.1
0.6%
Asset Quality
Gross Impaired Loans Ratio
2.41
2.34
7 bps
2.37
2.64
2.65
2.41
(24) bps
2.34
7 bps
Loans Loss Coverage
83.6
71.5
12.1%
87.9
80.7
79.6
83.6
4.0%
71.5
12.1%
Net Charge off rate (bps)
(32)
(40)
8 bps
(41)
(47)
(34)
(7)
27 bps
(16)
9 bps
Capital Adequacy 3
CET1 Capital Ratio
14.51
14.19
32 bps
13.37
13.16
13.59
14.51
92 bps
14.19
32 bps
Total Capital Ratio
18.51
18.80 (29) bps 18.12
17.78
17.62
18.51 89 bps
18.80
(29) Bps
Note:
1 LDR excludes loans to banks and Fls.
2 Total cost excludes amortisation of intangibles for Maybank Indonesia and Maybank Kim Eng.
3 The capital ratios are adjusted based on the assumption of 85% reinvestment rate under the DRP for the period. CET1 ratio for 1Q FY2018 onwards is computed based on fully loaded
basis with effect from 1 Jan 2018. Capital ratios for 1Q FY2018 are after final cash dividend.
40
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