Malayan Banking Berhad Financial Analysis
Higher NOII on MTM and Foreign Exchange Gains
Non-Interest Income
Key Drivers
RM billion
(25.1)%
4Q'22 vs 3Q'22
10.8%
+9.0% YoY
4Q'22 vs 4Q'21
6.93
。 higher MTM gain on financial liabilities of >100% to RM3.55 billion
6.36
0.23
0:32
0.12
2.12
0.72
0.06
2.61
1.49
1.59
1.43
0.06
0.02
1.12
0.11
0.23
.
Treasury & markets income growth of 75.3% YoY mainly driven by:
o foreign exchange profit: Up >100% YoY to RM972 million
。 Offset by losses in investment and trading income of RM75 million versus gains of
RM715 million in the previous year
Core fees reduced by 6.6% YoY to RM3.77 billion on lower market-related income given
increased market volatility
Meanwhile, Group Wealth Management net fee income was RM1.24 billion versus
RM1.26 billion in FY2021
0.50
0.17
4.03
3.77
.
1.02
0.95
0.91
• QoQ, treasury & markets income reduced 55.0% on lower MTM gain on financial
liabilities
(0.01)
Core fees
4QFY2021 3QFY2022 4QFY2022
Core Fees Treasury & Markets Insurance
FY2021
FY2022
Others
Commission
Service
charges and
fees
Underwriting
fees
Brokerage
income
% change
4Q'22 vs 3Q'22 4Q'22 vs 4Q'21
FY2022 vs FY2021
Core fees
(4.2)%
(10.9)%
(6.6)%
FY2022
VS
FY2021
(8.4)% YoY
RM1.37 billion
+2.2% YoY
RM1.75 billion
(3.1)% YoY
RM0.05 billion
(34.1)% YoY
RM0.34 billion
Fees on loans,
advances and
financing
(0.2)% YoY
RMO.26 billion
Treasury &
(55.0)%
+>100%
+75.3%
Markets
4Q2022
VS
Insurance
+(>100.0)%
(51.0)%
(55.0)%
3Q2022
+0.1% QoQ
RMO.34 billion
(2.5)% QoQ
RM0.44 billion
(25.7)% QoQ
RM0.01 billion
7.5% QoQ
RM0.07 billion
(39.9)% QoQ
RM0.04 billion
Others
(4.5)%
+>100%
+93.9%
Note: Non-interest income was previously referred to as net fee based income
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