Rhb Bank Bhd. · MYX:RHBBANK
Rhb Bank Bhd — H1 2025 Earnings Presentation
34 slides from Rhb Bank Bhd's earnings presentation, Aug 28, 2025
Slide 1: RHB Bank Berhad Analyst Presentation H1 2025 Financial Results
RHB BANK BERHAD Analyst Presentation H1 2025 Financial Results Dato’ Mohd Rashid Mohamad Group Managing Director/Chief Executive Officer RHB Banking Group 28 August 2025
Slide 2: Executive Summary H1 2025 Financial Results Summary
1. Executive Summary 2. H1 2025 Financial Results 3. Summary
Slide 3: Executive Summary
Executive Summary
Slide 4: H1 2025: Financial Highlights
4 H1 2025: Financial Highlights 4 Net Profit RM1.6 bil NIM 1.88% Loans Growth 3.1%N2 Interim Dividend CIR 47.3%; ROE 9.38%N1 with liability management CASA Ratio 28.3% 15 sen per share (cash) Total income improved 5.2% Q-o-Q to RM2.2 bil (Q2 2025) vs RM2.0 bil (Q1 2025) Net fund based income increas
Slide 5: PROGRESS27 key impact and deliverables
PROGRESS27 key impact and deliverables 5 New bancassurance partnership reinforces long term growth 5 PROGRESS27 Q2 2025 Highlights Key Strategic Objectives 81% CSAT Score for 4 Product Applications #2 NPS Rank (NPS: Net Promoter Score) Mobile Banking Fully STP2 Best in Service in FY20241 (CSAT: Cust
Slide 6: Sustainability Strategy and Roadmap: Key Highlights for Q2 2025
Sustainability Strategy and Roadmap: Key Highlights for Q2 2025 6 Cumulatively mobilised around RM48 bil in SFS (54% against RM90 bil target by 2027) MOBILISE Cumulative • Green activities: RM26 bil (53%) RM90 BILLION Achievements • Social activities: RM9 bil (20%) in Sustainable • ESG-linked activi
Slide 7: Maintain an interim dividend of 15 sen per share
Maintain an interim dividend of 15 sen per share; second interim dividend will take into 7 consideration the Group’s year-end performance 7 Dividend Per Share (sen) 62.9% 63.2% 61.1% 60.1% Dividend Payout Ratio 42.1% 60.0% 40.0% 49.8% 48.4% 60.1% 42.1% Dividend Payout Ratio (cash) 35.9% 20.0% 60.0%
Slide 8: H1 2025 Financial Results
H1 2025 Financial Results
Slide 9: Q2 2025 net profit lifted by stronger total income
Q2 2025 net profit lifted by stronger total income (both NII and NOII), with Y-o-Y growth 9 underpinned by ECL improvement and cost discipline 5.2% 0.1% Q2 2025 (Q-o-Q) H1 2025 (Y-o-Y) 2,155 4,200 4,203 2,048 • Total Income grew +5.2% • Total Income grew marginally +0.1% Total Income Net fund based
Slide 10: Q-o-Q non-fund based income improved on stronger net forex gains and trading income
Q-o-Q non-fund based income improved on stronger net forex gains and trading income 10 Fee Income Treasury Income Net Income from Others Non-Fund Based Income Insurance Business Q-o-Q: 3.5% Q-o-Q: 36.0% Q-o-Q: 2.3% Q-o-Q: >100% Y-o-Y: 5.0% Y-o-Y: 5.5% Y-o-Y: >100% Y-o-Y: 42.6% Q-o-Q: 18.3% Y-o-Y: 10
Slide 11: Positive momentum for loans growth and CASA continues; LLC improved Q-o-Q
Positive momentum for loans growth and CASA continues; LLC improved Q-o-Q 11 Financial Position Asset Quality Total Gross Securities Stage 2 Loans Group GIL Domestic GIL Assets Loans Portfolio Ratio 2.1% 3.1% 11.0% 0.10% 4.7% 8.3% 241 93 92 3.5 3.6 3.6 2.4 2.5 2.6 350 353 354 238 239 88 4.99% 4.85%
Slide 12: Profit rose Q-o-Q on higher non-fund based income, tight cost control and reduced ECL
Profit rose Q-o-Q on higher non-fund based income, tight cost control and reduced ECL 12 12 Q1 Q2 Q1 Q2 H1 H1 RM mil Q-o-Q % Y-o-Y % Y-o-Y % 2024 2024 2025 2025 2024 2025 Net fund based income 1,386 1,442 1,487 1,492 5 0.3% 50 3.4% 2,827 2,978 151 5.3% Non-fund based income 703 670 561 663 102 18.3%
Slide 13: SORA's downward trend weighed on the Group's NIM
SORA’s downward trend weighed on the Group’s NIM, partly offset by FX swap gains lifting NIM 13 by 7 bps to 1.88% 13 Net Fund Based Income Net Interest Margin (NIM) YTD: 5 bps Q-o-Q: 0.3% QoQ -3bps Group NIM Y-o-Y: 5.3% 1.86% 1.81% Y-o-Y: 3.4% 1.83% 1.90% 1.91% 1.84% 1.84% 1.81% • NIM contraction fr
Slide 14: Positive JAW lifted CIR to 47.1% in Q2 2025
Positive JAW lifted CIR to 47.1% in Q2 2025, with cost growth contained at 2.1% Y-o-Y 14 14 Costs & CIR 5-year CIR 46.7% 47.4% 47.1% 46.3% 47.3% 47.5% 47.3% CIR 46.7% 45.2% 44.2% Q-o-Q: 4.6% Y-o-Y: 2.1% 9.0% RM mil Y-o-Y: 2.9% 1,946 1,986 4.0% 987 971 1,016 2.4% 2.3% 2.1% Y-o-Y cost growth FY2021 FY
Slide 15: YTD loans growth mainly driven by Group Community Banking and Commercial
YTD loans growth mainly driven by Group Community Banking (mortgage, auto finance and 15 middle market SME) and Commercial 15 Gross Loans Jun Dec Mar Jun YTD RM bil Q-o-Q YTD Y-o-Y 2024 2024 2025 2025 Annualised GROUP COMMUNITY BANKING 144.8 149.9 152.0 153.8 1.2% 2.6% 5.2% 6.2% Retail 117.0 122.0 1
Slide 16: CASA continued its quarterly growth with ratio improving to 28.3%
CASA continued its quarterly growth with ratio improving to 28.3% 16 16 Customer Deposits CASA by Segment Jun Dec Mar Jun YTD Q-o-Q: 1.0% RM bil Q-o-Q YTD Y-o-Y 2024 2024 2025 2025 Annualised YTD: 0.5% (Annualised: 1.1%) GROUP COMMUNITY BANKING 40.9 42.0 42.8 42.6 -0.4% 1.5% 3.0% 4.3% RM bil Y-o-Y:
Slide 17: LLC improved to 77.5% while Group GIL stable at 1.51%
LLC improved to 77.5% (116.5% incl. Regulatory Reserves) while Group GIL stable at 1.51% 17 Gross Impaired Loans (Group) Gross Impaired Loans (Domestic) 4.99% 4.91% 4.85% 4.99% 4.95% 5.21% 5.13% 5.08% 5.06% 5.10% GIL Ratio movement: Industry 8,000 2.20% GIL Ratio movement: 20,000 2.20% YTD: 2 bps 1.
Slide 18: Focus remains on driving recovery efforts for SME and International Business
Focus remains on driving recovery efforts for SME and International Business 18 Group Community Banking Mortgage Unsecured Auto Finance SME 3.94% 3.69% 3.61% 3.61% 3.61% 7.98% 7.41% 7.18% 7.15% 7.29% 5.70% 5.46% 5.12% 5.20% 5.36% 12.65% 12.81% 13.56% 13.10% 12.90% 1.40% 1.01% 1.00% 1.03% 1.20% 100 3
Slide 19: Wholesale Banking and International Business profits rose on lower ECL
Wholesale Banking and International Business profits rose on lower ECL, while Community 19 Banking profits declined on higher cost and ECL 19 Group Community Banking Group Wholesale Banking Group International Business H1 2024: RM2,100 mil H1 2024: RM1,668 mil H1 2024: RM566 mil H1 2025: RM2,150 mil
Slide 20: Capital position remained robust for the Group and key banking subsidiaries
Capital position remained robust for the Group and key banking subsidiaries 20 20 RHB Bank Group RHB Bank 20. 0% 20. 0% 19. 0% 18. 0% 18. 0% 17. 0% 16. 0% 15. 0% 19.0% 18.3% 16. 0% 17.7% 17.4% 16.4% 15.9% 14. 0% 16.4% 15.9% 14.8% 14.6% 14. 0% 14.8% 14.6% 13. 0% 12. 0% 12. 0% 11. 0% 10. 0% 10. 0% 9.0
Slide 21: Summary
Summary
Slide 22: Concluding Remarks
Concluding Remarks 22 22 Q2 2025 Key Financial Indicators: Q-o-Q Earnings expanded 7.1% to RM804 mil driven by: i. Higher non-fund based income (+18.3%) with stronger trading income and forex gains, coupled with higher NII from loans growth ii. Keeping cost in check at 4.6% increase Q-o-Q iii. Lower
Slide 23: Thank You
THANK YOU www.rhbgroup.com INVESTOR RELATIONS CONTACT Email :investor.relations@rhbgroup.com This material is prepared for general circulation. Any recommendation or view contained in this document does not have regard to the specific investment objectives, financial situation and the particular nee
Slide 24: Appendix
Appendix
Slide 25: Key Financial Data
Key Financial Data 25 25 Financial Data FY2021 FY2022 FY2023 FY2024 H1 2025 RM mil Income Statement Total Income 7,789 8,160 7,770 8,605 4,203 Operating Profit Before Allowances 4,266 4,554 4,081 4,583 2,216 Profit Before Tax 3,529 4,133 3,753 4,020 2,005 Net Profit 2,618 2,678 2,806 3,120 1,554 Bal
Slide 26: Key Financial Ratios
Key Financial Ratios 26 26 Financial Ratios FY2021 FY2022 FY2023 FY2024 H1 2025 Profitability Return on Equity 9.6% 9.6% 9.5% 10.04% 9.38% Net Interest Margin 2.20% 2.24% 1.82% 1.86% 1.81% Cost to Income Ratio 45.2% 44.2% 47.5% 46.7% 47.3% Asset Quality Gross Impaired Loan Ratio 1.49% 1.55% 1.74% 1.
Slide 27: Segmental Performance
Segmental Performance 27 Group Community Banking Group Wholesale Banking H1 2024: RM1,856 mil H1 2024: RM730 mil 4.7% 19.6% H1 2025: RM1,944 mil H1 2025: RM873 mil 5.0% Net Fund Based 1,230 1,291 4.3% 31.5% 0.2% 13.6% Income 627 653 452 595 400 346 278 278 Retail SME CBIB Treasury International Grou
Slide 28: Retail Banking
Retail Banking 28 28 RM bil Gross Loans RM bil Deposits 7.7% 10.0% 140 84 93 120 100 22 23 80 CASA 60 117 126 40 62 70 Fixed Deposit 20 - Jun 2024 Jun 2025 Jun 2024 Jun 2025 Retail Market Share * Asset Quality RM mil 9.8% 9.3% 9.4% 9.5% 9.5% 0.94% 0.96% 0.92% 0.94% 0.96% 9.0% 9.0% 9.1% 9.1% 9.2% 1,1
Slide 29: SME
SME 29 29 Gross Loans Deposits RM bil RM bil Flat 2.1% 35.0 36 37 30.0 25.0 19 20 20.0 CASA 15.0 28 28 Fixed Deposit 17 17 10.0 5.0 - Jun 2024 Jun 2025 Jun 2024 Jun 2025 SME Market Share * RM mil Asset Quality 3.37% 3.29% 3.21% 3.36% 3.50% 8.9% 9.0% 9.0% 8.9% 8.7% 938 919 936 978 898 Jun 2024 Sep 20
Slide 30: Asset Under Management and Market Positions
Asset Under Management and Market Positions 30 30 Asset Under Management (AUM)* Investment Banking League Table YTD Jun 2025 Market Share Ranking RM bil Flat Equities Broking: - By value 6.2% 8th - By volume 6.6% 5th 56 56 Debt Capital Markets: 10 9 - MYR sukuk 15.2% 3rd Singapore - MYR bonds (Conve
Slide 31: Investment Banking – Notable Deals
Investment Banking – Notable Deals 31 31 CF/ECM DCM M&A Green Esteel Pte Ltd SumiSaujana Group Berhad OSK Rated Bond Sdn Bhd Proposed Subscription for 50.1% (RM315.9 mil) RM346.5 mil IPO 4th Issuance of RM750.0 mil Sukuk Wakalah under its of the enlarged issued share capital of Principal Adviser, So
Slide 32: Islamic Banking
Islamic Banking 32 32 PBT Gross Financing RM mil RM bil 8.8% 10.6% 100 80 60 40 85 94 470 20 - 429 Jun 2024 Jun 2025 H1 2024 H1 2025 Market Share 9.3% 9.5% Gross Financing/ Asset Quality Total Gross Financing (Domestic) RM mil 1.53% 1.54% 0.94% 0.97% 1.06% 45.1% 45.4% 44.3% 44.5% 44.6% 1,301 1,341 1
Slide 33: RHB Bank Singapore
RHB Bank Singapore 33 33 PBT Gross Loans & Deposits SGD mil SGD bil 60 2.9% 7.2% 58 3.3% 56 54 52 50 Jun 2024 48 56 54 46 9 9 9 10 Jun 2025 44 42 Dec 2023 Dec 2024 40 H1 2024 H1 2025 Gross Loans Deposits Gross Impaired Loans Ratio Credit Charge Ratio 0.14% -0.08% 0.10% -0.01% -0.30% 0.85% 0.78% 0.75
Slide 34: Overseas Loans
Overseas Loans 34 34 Jun Dec Mar Jun RM bil Q-o-Q YTD Y-o-Y 2024 2024 2025 2025 Overseas Operations 35.3 34.4 33.3 33.7 1.2% -1.8% -4.5% Singapore 29.9 29.4 28.6 29.3 2.6% -0.3% -2.0% Others* 5.4 5.0 4.7 4.4 -7.1% -10.4% -18.5% of which: Cambodia 3.5 3.2 3.2 2.9 -7.3% -8.9% -15.6% Thailand 1.5 1.3 1