Ammb Holdings Bhd. · MYX:AMBANK

Ammb Holdings Bhd — H1 FY2026 Earnings Presentation

38 slides from Ammb Holdings Bhd's earnings presentation, Nov 26, 2025

  1. Slide 1: H1FY2026 Results Investor Presentation

    H1FY2026 RESULTS (30 September 2025) INVESTOR PRESENTATION 26 NOVEMBER 2025

  2. Slide 2: GCEO Presentation

    GCEO PRESENTATION Jamie Ling 3 H1FY26 Financial Snapshot 4 Loans by Stages 5 Outlook for CY2025

  3. Slide 3: H1FY26 Financial Snapshot

    Financial Snapshot H1FY26 Financial snapshot Good performance, delivering 5% growth in PATMI to RM1.05 bil. Interim H1FY26 Financials Variance dividends increase by 21% to 12.5 sen per share • NII grew 5%, led by 7-bps expansion in NIM to 1.99% (H1FY25: 1.93%) on lower COF 2,583 Income  7% • NoII g

  4. Slide 4: Portfolio quality: Loans by ECL Stages

    Loans Portfolio quality Loans by ECL Stages (RM’ bil) Breakdown by Business Segments (%) Stage 1 Stage 1 Stage 2 Stage 3 93.6% 140.5 WB 93.1% 137.1 138.9 138.2 132.7 134.5 1.8% 1.7% 1.5% 1.7% 89.9% 91.3% 1.7% 1.7% 7.8% 7.6% 7.4% RB 8.2% 8.7% 8.2% BB 89.4% 89.7% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2F

  5. Slide 5: Outlook for CY2025 Malaysia Banking

    Market Outlook Outlook for CY2025 GDP Growth 4.2% to 4.7% Inflation 1.3% to 1.7% Malaysia Unemployment Rate 3.0% USD/MYR Outlook RM4.13 to RM4.18 Loans Growth 5.0% to 6.0% Banking Asset Quality Stable Sector OPR 2.75% Liquidity & Capital Positions Resilient CY = Calendar Year 55 H1FY26 Results – Inv

  6. Slide 6: GCFO Presentation

    GCFO PRESENTATION Phuah Shok Cheng 7-21 Financial Overview

  7. Slide 7: Financial Overview (QoQ)

    Financial Overview (QoQ) Steady quarter, PATMI increased 4% driven by a reduction of net impairment charges 1 Q2FY26 Results (QoQ) • Income of RM1,292mil (Q1FY26: RM1,291mil), flat QoQ - NII flat at RM926mil (Q1FY26: RM925mil), 4-bps NIM compression to 1.97% (Q1FY26: 2.01%) - NoII at RM366mil (Q1FY2

  8. Slide 8: H1FY26 Performance Summary – RM1.05b PATMI, ROE 10.1%

    Financial Overview (Reported) H1FY26 Performance Summary – Delivered RM1.05b PATMI, ROE 10.1% and ROA 1.06% P&L (RM’ mil) Q1FY26 Q2FY26 QoQ Change H1FY25 H1FY26 YoY Change Total Income 1,291 1,292  ≈ 2,407 2,583  7% - NII 925 926  ≈ 1,762 1,851  5% - NOII 366 366  ≈ 645 732  13% Expenses (564)

  9. Slide 9: H1FY26 Performance Summary – Highly liquid and well capitalised

    Financial Overview (Reported) H1FY26 Performance Summary – Highly liquid and well capitalised Balance Sheet (RM’ bil) Q1FY26 Q2FY26 QoQ Change FY25 H1FY26 YTD Change Gross Loans 138.2 140.5  2% 138.9 140.5  1% GIL 1.71% 1.75%  0.04% 1.54% 1.75%  0.21% LLC (include Reg Reserves) 100.1% 100.4%  0

  10. Slide 10: P&L walk – PATMI +5% YoY

    Group P&L P&L walk – PATMI +5% YoY driven by NII and GTM trading gains YoY Growth  5%  13%  7%  8%  7%  68%  4%  2%  5% 87 89 1,051 1,001 (81) (39) (6) H1FY25 NII NoII Total Expenses PBP Impairment PBT Tax & H1FY26 Income Zakat H1FY26 1,851 732 2,583 (1,132) 1,451 (96) 1,355 (304) 1,051 H1F

  11. Slide 11: NIM expanded 7 bps YoY

    NIM NIM expanded 7 bps YoY on cost optimisation initiatives YTD Net Interest Margin (NIM) & Cost of Funds (COF) Trend NIM Movement (YoY)  0.07% COF NIM 1.93% 0.08% 0.01% 1.99% -0.03% (0.03%) 3.24% 3.14% 3.15% 3.02% 1.94% 1.93% 1.99% 1.79% 1 H1FY25 Liability OPR impact Others H1FY26 management FY24

  12. Slide 12: Income growth of 7%

    Income Income growth of 7%, with 5% growth in NII and 13% growth in NoII Business Segments Q1FY26 Q2FY26 QoQ Change H1FY25 H1FY26 YoY Change (RM’ mil) Wholesale Banking 413 416  1% 600 829  38% Investment Banking, Funds Mgt & 85 84  ≈ 197 169  (14%) Private Banking Retail Banking 339 352  4% 72

  13. Slide 13: Higher GTM trading gains offset lower fee income

    NoII Higher GTM trading gains offset lower fee income from IB and Group Wealth Management Composition 5% 26% 26% 4% 9% 13% 7% 8% 2% 100% YoY Growth  (3%)  >100%  1%  (13%)  (13%)  (1%)  (31%)  31%  (6%)  13% 110 2 14 732 645 (5) (4) (10) (1) (1) (22) (1) Group Wealth Management:  (6%) H1F

  14. Slide 14: YoY CTI largely unchanged at 43.8%

    Expenses YoY CTI largely unchanged at 43.8% Business Segments Q1FY26 Q2FY26 QoQ Change H1FY25 H1FY26 YoY Change (RM’ mil) Wholesale Banking 92 96  5% 175 188  8% Investment Banking, Funds Mgt & 61 64  5% 118 125  6% Private Banking Retail Banking 257 262  2% 489 519  6% Business Banking 148 16

  15. Slide 15: PBP grew 7%, PATMI grew 5% YoY

    PBP & PATMI PBP grew 7%, PATMI grew 5% YoY Business Segments Q1FY26 Q2FY26 QoQ Change H1FY25 H1FY26 YoY Change (RM’ mil) Wholesale Banking 321 319  (1%) 425 641  51% Investment Banking, Funds Mgt & 24 21  (15%) 79 45  (44%) Private Banking Retail Banking 82 90  9% 237 172  (27%) Business Banki

  16. Slide 16: Loans growth led by BB

    Loans Loans growth led by BB Gross Loans Movement (RM’ bil) Breakdown by rate sensitivity: Breakdown by concept: Breakdown by customer type: Fixed rate – 18% Islamic – 34% Retail – 48% Variable rate –82% Conventional – 66% Non-retail – 52% Composition 15% 36% 35% 8% 3% 2% 1% 100% YTD Growth  (2%) 

  17. Slide 17: Additional overlay taken in SME portfolio

    Asset Quality Additional overlay taken in SME portfolio, normalised credit cost at 28bps Net Impairment (YoY Movement) (RM’mil) 32.4 * 96.2 14.0 40.2 57.2 42.7 (8.2) (82.2) H1FY25 ECL ECL Stage 3 Forward Overlay Recoveries C&C / H1FY26 Stage 1 & 2 & Looking Others Individual *Due to lower reversals

  18. Slide 18: 4% QoQ rise in GIL, remain watchful on asset quality

    Asset Quality 4% QoQ rise in GIL, remain watchful on asset quality Impaired Loans by Sector Collateralisation of Portfolios (Sep’25) Mar’25 Jun’25 Sep’25 YTD QoQ Sector Composition RM’ mil RM’ mil RM’ mil Movement Movement Performing loans – 98.25% Agriculture 13 9 8 0%  (42%)  (12%) Mining and 40

  19. Slide 19: Rebalancing deposit mix for optimal cost structure

    Deposits Rebalancing deposit mix for optimal cost structure Deposits (RM’ bil) CASA (RM’ bil) and CASA Composition (%) Customer Deposits Trend YTD Growth Industry CASA Trend YTD Growth Industry H1FY26 140.0  (1%)  2%1 H1FY26 48.3  (5%)  4%1 FY25 141.5  (1%)  3%2 FY25 51.0  (3%)  3%2 FY24 142

  20. Slide 20: Well capitalised, CET1 15.25%. Dividend per share up 21%

    Capital Well capitalised, CET1 15.25%. Dividend per share increased 21% RWA/Total Assets1 Capital Adequacy Ratios1,3 2 Total Assets RWA/Total Assets Peers CET 1 / Tier 1 TCR 62.7% 63.3% 58.0% 57.9% 17.92% 17.49% 17.90% 54.9% 55.3% 55.3% 55.3% 16.30% RM’ bil 15.15% 14.82% 15.25% 197.4 196.8 199.0 200

  21. Slide 21: H1FY26 Summary

    Summary H1FY26 Summary FINANCIAL CREDIT BALANCE SHEET SHAREHOLDERS’ PERFORMANCE PROFILE STRENGTH RETURN ▪ Good income growth, ▪ Additional overlay of ▪ Well capitalised, with ▪ Interim dividend with record first half RM99 mil to cover CET1 at 15.25% and increase of 21%, PATMI SME portfolio. TCR at 1

  22. Slide 22: Thank You

    THANK YOU PRINCIPLED ‘APPRECIATIVE (on : COLLABORATIVE EXPERIMENTAL Biba st 11 Be

  23. Slide 23: Yearly Financial Highlights

    H1FY26 Results Yearly Financial Highlights PATMI (RM’mil) & ROE (%) Total Income (RM’mil) and Non-interest Income (%) Total Income: PATMI: ROE: CAGR FY23-FY25:  2.3% YoY Growth  5.0% YoY Growth  ≈ YoY Growth  7.3% PATMI ROE Total Income Non-Interest Income % 9.8% 10.0% 10.0% 10.1% 10.1% 29% 28%

  24. Slide 24: Impairment (charge) / Recoveries

    Asset Quality Impairment (charge) / Recoveries Net (Impairments) / Recoveries and GIL Ratio Total impairments by category (RM’ mil) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 QoQ Change H1FY25 H1FY26 YoY Change ECL Stage 1 & 2 – Non defaulted (charge) / reversal (33) 15 (3) 23 (8) (23)  >100% (17) (

  25. Slide 25: Divisional Performance

    Divisional Performance PRINCIPLED 2 PROACTIVE APPRECIATIVE COLLABORATIVE EXPERIMENTAL

  26. Slide 26: Wholesale Banking

    Wholesale Banking Wholesale Banking Total Income (YoY Movement) and Assets by Line of Business PAT Trend (RM’ mil) QoQ Growth:  38% YoY Growth:  51% Total Income  38% FY25: 843 H1FY26: 643 RM829 mil 373  6% Transaction 262 271 Banking 241 14% 177 163 Transaction GTM: Banking AC 4% CB: Loans & Co

  27. Slide 27: Wholesale Banking

    Wholesale Banking Wholesale Banking Income Statement YoY Growth  25% 30% >100% 95% 38% 54% 8%  8%  75% 51%  56% 15%  52% 67%  71%  54% 66%  51% 71 109 643 120 (13) (68) 425 Net Interest Non-Interest Impairment RM' mil Total Income Expenses PBP PBT Tax & Zakat PAT Income Income write-

  28. Slide 28: Investment Banking, Funds Management & Private Banking

    Investment Banking, Funds Management & Private Banking Investment Banking, Funds Management & Private Banking League Table PAT Trend (RM’ mil) Market Share1 As At Rank2 QoQ Growth:  (22%) 30 September 2025 YoY Growth:  (49%) DCM 9.6% 4 (Overall MYR Bonds) FY25: 118 H1FY26: 35 Islamic Sukuk 8.9% 4

  29. Slide 29: Investment Banking, Funds Management & Private Banking

    Investment Banking, Funds Management & Private Banking Investment Banking, Funds Management & Private Banking Income Statement YoY Growth  (17%)  (14%)  (14%)  6%  (44%)  (>100%)  (48%)  (45%)  (49%) 69 (5) (23) 8 35 (7) (7) Net Interest Non-Interest Impairment (charge)/ RM' mil Total Incom

  30. Slide 30: Retail Banking

    Retail Banking Retail Banking Total Income (YoY Movement) and Loans by Line of Business PAT Trend (RM’ mil) Total Income  (5%) QoQ Growth :  >100% RM 690 mil YoY Growth :  (57%)  (51%)  (12%)  (2%) Others FY25: 165 H1FY26: 44 Wealth 1% Mortgage 10% 14% Secured Personal Cards &  (9%) Financing

  31. Slide 31: Retail Banking: Cards in circulation

    Retail Banking Retail Banking Wealth Sales (RM’ mil) Retail Wealth – Average AUM (RM’ mil) QoQ Growth:  36% QoQ Growth:  2% YoY Growth:  (11%) YoY Growth:  16% FY25: 9,739 H1FY26: 5,186 3,222 5,431 5,547 2,986 5,036 4,775 4,936 2,635 4,523 2,201 2,065 1,817 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2F

  32. Slide 32: Retail Banking

    Retail Banking Retail Banking Income Statement YoY Growth  (3%) (3%)  (13%) (27%) (7%)  (5%) 5%  6%  (31%) (27%)  12% 15%  (57%) (75%)  (77%)  (58%)  (57%) 103 (20) (14) 19 44 (30) (13) Net Interest Non-Interest RM' mil Total Income Expenses PBP Impairment PBT Tax & Zakat PAT Income In

  33. Slide 33: Business Banking

    Business Banking Business Banking Total Income (YoY Movement) and Assets by Line of Business PAT Trend (RM’ mil) QoQ Growth:  (53%) Total Income YoY Growth:  (25%) ≈ RM867 mil  7% Commercial Banking 67% FY25: 841 H1FY26: 290 Commercial 236 Banking 232 224 81% 197 Total Assets Others RM51 bil 0%

  34. Slide 34: Business Banking

    Business Banking Business Banking Income Statement YoY Growth  (1%)  1% ≈  13%  (6%)  98%  (25%)  (24%)  (25%) 386 2 (4) (34) 29 290 (88) Net Interest Non-Interest RM' mil Total Income Expenses PBP Impairment PBT Tax & Zakat PAT Income Income H1FY26 675 192 867 (308) 559 (178) 381 (91) 290

  35. Slide 35: Group Wealth Management

    Group Wealth Management Group Wealth Management1 Income Statement YoY Growth  (14%)  (6%)  (6%)≈  2%  (21%)  (>100%)  (21%)  (9%)  (24%) 53 (1) 1 40 (11) (2) (0) Net Interest Non-Interest Impairment (charge)/ RM' mil Total Income Expenses PBP PBT Tax & Zakat PAT Income Income write-back H1F

  36. Slide 36: AmBank (M) entity level

    AmBank (M) entity level AmBank (M) Income Statement YoY Growth  4% 6%  24% 26%  11% 9% 8%  8%  13% 9%  >100%  >100%   (6%) 7%  7%  (6%)  (7%) 86 51 634 (56) 11 592 (134) Net Interest Non-Interest RM' mil Total Income Expenses PBP Impairment PBT Tax PAT Income Income H1FY26 1,231 440 1

  37. Slide 37: AmBank Islamic entity level

    AmBank Islamic entity level AmBank Islamic Income Statement YoY Growth  11% 7%  54% 17% 15% 9%  9% 10%  19% 8%  >100% (>100%)  37%  (2%)   (3%) 37%  36% 99 368 41 13 12 269 (31) (24) Net Financing Non-Financing Impairment (charge)/ RM' mil Total Income Expenses PBP PBT Tax & Zakat PATZ

  38. Slide 38: Glossary & Disclaimer of warranty and limitation of liability

    Glossary & Disclaimer Glossary & Disclaimer of warranty and limitation of liability Reported Performance Reported performance refers to the financial performance as reported in the audited financial statements and disclosed to the market Growth Definition QoQ growth refers to Q2FY26 vs Q1FY26 YoY gr

AMMB Holdings Berhad — H1 FY2026 Earnings Presentation on 6ix