Malayan Banking Berhad Financial Analysis
P&L Summary: FY2022
4Q
RM million
FY2022
FY2021
YOY
FY2022
3Q
FY2022
2Q
1Q
4Q
QoQ
YOY
FY2022
FY2022
FY2021
Net fund based income
*
20,685.1
19,089.0
8.4%
5,311.5
5,296.8
0.3%
5,183.0
4,893.9
4,868.6
9.1%
Non-interest income*
6,930.0
6,359.4
9.0%
1,585.6
2,117.1
(25.1)%
1,651.8
1,575.5
1,431.1
10.8%
Net operating income
Overhead expenses
Personnel Costs
Establishment Costs
27,615.1 25,448.4
8.5%
(12,807.1) (11,518.5) 11.2%
6,897.1 7,413.9
(3,407.2) (3,394.4)
(7.0)%
6,834.8 6,469.3 6,299.6
9.5%
0.4%
(7,503.5) (6,808.2)
(2,056.7) (1,918.5) 7.2%
10.2%
(2,036.6) (1,948.2)
4.5%
(509.3)
(550.3)
(7.5)%
Marketing Expenses
(672.3)
(430.8)
56.0%
(227.9)
(226.1)
0.8%
(3,056.1) (2,949.5) (2,954.8) 15.3%
(1,777.5) (1,741.3) (1,692.8) 20.3%
(534.0) (463.1) (472.0)
(111.4) (106.9) (147.8)
7.9%
54.2%
Administration & General Expenses
(2,574.6)
(2,361.0)
9.0%
(633.4)
(669.7)
(5.4)%
Pre-provisioning operating profit (PPOP) 1
14,808.0
13,929.9
6.3%
3,489.9
4,019.5
(13.2)%
Net impairment losses
(2,785.6)
(3,229.4) (13.7)%
(191.0)
Operating profit
12,022.4 10,700.4
12.4%
3,298.9
(841.3) (77.3)%
3,178.3
3.8%
2,622.4
(633.2) (638.2) (642.1)
3,778.7 3,519.9 3,344.9
(1,156.3) (597.1) (668.4)
2,922.8 2,676.5
(1.4)%
4.3%
(71.4)%
23.3%
Profit before taxation and zakat (PBT)
Net Profit²
12,153.3
8,234.9
10,886.6
8,096.2
11.6%
3,307.1
3,207.9
3.1%
2,665.9
2,972.3 2,720.2
21.6%
1.7%
2,167.3
2,165.5
0.1%
1,857.2
2,044.9 2,056.9
5.4%
-
EPS Basic (sen)
68.8
69.7
(1.2)%
18.0
18.2
(1.3)%
15.5
17.2
17.3
3.8%
Note:
* From consolidated FY2022 Group numbers, Insurance and Takaful accounts for 10.9% of net fund based income and 2.0% of non-interest 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
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