Q3 2023 Financial Results
9M 2023
Financial
Highlights
Sustaining a
double-digit
ROE of 13.1%
and healthy
balance sheet
Profit before tax (RM'bil)
■ Higher profitability in 9M Q3 2023, underpinned by growth in
non-interest income and lower loan loss allowances
↑ 2.6%
↑3.4%
■
6.3
6.5
2.1
2.2
Above-industry loans and deposits growth
9M Q3 2022
9M Q3 2023
Q2 2023
Q3 2023
Net profit (RM'bil)
↑ 14.3%
↑5.1%
1.7
5.0
1.6
4.4
■ Normalised net interest margin of 2.22%
■ Credit cost remained low at 2 basis points
■ Prudent level of loan loss coverage at 186.9%
◉
Healthy capital and liquidity position
↑5.9%*
376.9
393.6
Of which:
NIM
Cost-to-income
Net ROE
9M Q3 2022 9M Q3 2023
Q2 2023
Q3 2023
ratio
Gross impaired
loans ratio
33.7%
Gross loans (RM'bil)
Domestic operations
↑5.7%*
13.1%
0.58%
2.22%
Dec-22: 31.5%
Dec-22: 2.39%
352.1
367.2
Dec-22: 12.8%
Dec-22: 0.42%
Loan loss
Dec-22
Sep-23
Dec-22
Sep-23
Credit cost
coverage ratio
ratio
Liquidity
coverage ratio
Total capital
ratio
Customer deposits (RM'bil)
↑4.7%*
Domestic operations
186.9%
17.4%
394.7
408.6
Of which:
0.02%
131.4%
↑4.6%*
367.1
379.7
Dec-22: 272.0%
Dec-22: 17.6%"
Dec-22: 0.10%
Dec-22: 127.7%
Dec-22
Sep-23
Dec-22
Sep-23
* Annualised growth
π After deducting interim dividends declared subsequent to end of period/year
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