Maybank Earnings Summary Q3 & 9M FY2020
Key Operating Ratios
9M
9M
3Q
2Q
3Q
%
YOY
QoQ
YOY
FY2020 FY2019
FY2020 FY2020
FY2019
Return on Equity
8.2
10.1
(1.9)%
9.7
4.7
5.0%
10.5
(0.8)%
Net Interest Margin
2.08
2.27
(19) bps
2.05
1.96
9 bps
2.32 (27) bps
Fee to Income Ratio
33.3
28.8
4.5%
32.1
32.0
0.1%
30.4
1.7%
Loans-to-Deposit Ratio 1
87.8
92.5
(4.7) %!
87.8
90.6
(2.8)%
92.5
(4.7)%
2
Cost to Income Ratio
45.3
47.1
(1.8)%
44.5
47.9
(3.4)%
45.6
(1.1)%
Asset Quality
Gross Impaired Loans Ratio
2.35
2.67
(32) bps
2.35
2.49
(14) bps
2.67
(32) bps
Loans Loss Coverage
97.6
76.7
20.9%
97.6
90.5
7.1%
76.7
20.9%
Net Charge off rate (bps)
(89)
(50)
(39) bps
(61)
(133)
72 bps
(74)
13 bps
Capital Adequacy 3
CET1 Capital Ratio
15.28
14.44
Total Capital Ratio
18.89
84 bps
15.28
18.07 82 bps 18.89
15.43 (15) bps
19.04 (15) bps
14.44
14.44
84 bps
18.07
82 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 3Q & 9M FY2020 capital ratios are after proposed Interim dividend for FY2020 and assumption of 85% reinvestment rate, 3Q & 9M FY2019 capital ratios are based on full cash payment
of Interim dividend for FY2019, while 2Q FY2020 capital ratios are without any dividend assumptions.
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