Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — Q4 2025 Earnings Presentation
42 slides from Cimb Group Holdings Bhd's earnings presentation, Feb 27, 2026
Slide 1: Analyst Presentation 4Q25
Analyst Presentation 4Q25 CIMB Group Holdings 27 February 2026 MOVING FORWARD WITH YOU
Slide 2: GCEO Observations
x` GCEO Observations MOVING FORWARD WITH YOU 2
Slide 3: Forward30 1st year execution on track – record net profit of RM7.9bil
Forward30 1st year execution on track – Delivered record net profit of RM7.9bil and 11.3% ROE Financial performance Remarks 1• Despite persistent rate cuts, NII flat due to our (RM’ bil) FY25 FY24 YoY Cash strategy which cushioned NIM NII 15.3 15.4 1 (0.3%) compression to 8bps YoY Assets 778.7 755.1
Slide 4: FY25 Year In Review
FY25 Year In Review FY25 Indicator FY25 Details guidance ROE 11.0 – 11.5% 11.3% Met Asset Growth 5 – 7% 6.1% Met (on constant currency) CIR < 47% 47.3% Partially met Loan Loss Charge 25 – 35 bps 30 bps Met CET1 (CIMB Group) ≥ 14.0% 14.3% Met 4
Slide 5: Forward30: CIMB's 6-year strategic plan is on track
Forward30: CIMB’s 6-year strategic plan is on track Purpose Advancing Customers and Society Society & Priorities People & Culture Customers Sustainability 1 Capital and resources: Reallocate to grow Strategic 2 3 moves – Cash: Build deposit franchise, Cross-sell: Increase returns the 4Cs optimise co
Slide 6: Forward30 4Cs strategic moves update (1/2)
Forward30 4Cs strategic moves update (1/2) Capital Cash Capital reallocation resulting in resilient overall consolidated Reduction in cost of funds Deposit LDR performance (ex-FX) RWA % PBT % ROE %* 21bps 10bps 5.4% 1.9% Country FY25 FY24 FY25 FY24 FY25 FY24 YoY QoQ YoY YoY Malaysia 56 54 61 57 12.1
Slide 7: Forward30 4Cs strategic moves update (2/2)
Forward30 4Cs strategic moves update (2/2) Cross-sell Capabilities MYR bond market Investment banking Relentless focus on simpler, better, faster #1 MY & MIST bond #1 30+ projects saw bottom-up process improvements market with 32.5% & 15.3% Across MIST with 10% market share1 respectively market shar
Slide 8: GCFSO Observations
GCFSO Observations MOVING FORWARD WITH YOU 8
Slide 9: FY25 Key Highlights
FY25 Key Highlights Group NIM NOII/Total Income Cost-to-Income Profit Before Tax (RM) 2.13% 31.7% 47.3% 10,680 mil -8bps YoY +70bps YoY +60bps YoY +2.7% YoY +2bps QoQ -730bps QoQ +300bps QoQ -9.8% QoQ ROE Total Assets Loan Loss Charge CET1 (RM) 11.3% 778.7 bil 30bps 14.3% +10bps YoY +6.1% YoY* +5bps
Slide 10: Key Business Highlights
Key Business Highlights Robust underlying performance, FY25 NIM improved QoQ and well Opex under control with seasonally weaker 4Q25 managed within expectations disciplined cost management (RM ’mil) (RM ’mil) Group NIM Total Income Total Operating Expenses Profit Before Tax FY24 FY25 Net Profit 2.21
Slide 11: PBT by Segment
PBT by Segment Consumer Commercial 26% 17% Banking Banking PBT YoY QoQ PBT YoY QoQ RM2,801 mil ▼ 0.8% ▼ 9.2% RM1,793 mil ▼ 13.2% = FLAT Steady FY25 underlying performance driven by FY25 Commercial PBT fell 13.2% impacted by NIM strong fee income but offset by lower overlay contraction across key mar
Slide 12: PBT by Country
PBT by Country Malaysia 61% Indonesia 22% PBT YoY QoQ PBT YoY QoQ RM6,552 mil ▲ 10.6% ▼ 8.3% RM2,347 mil ▼ 7.3% ▼ 20.3% Robust Malaysia performance supported by good Indonesia performance was constrained by topline growth and contained cost. NIMs were well macroeconomic uncertainty, despite a positi
Slide 13: Net Interest Income
Net Interest Income Net Interest Margin* Country (%) 4Q25 3Q25 FY25 FY24 Group 2.10 2.08 2.13 2.21 2.21% Group 2.13% 2.17% 2.16% 2.15% Malaysia 1.79 1.75 1.78 1.78 NIM 2.10% 2.08% Indonesia^ 3.88 4.08 3.97 4.09 Banking book 2.72% 2.72% 2.66% 2.64% Thailand^ 1.91 1.86 1.89 2.21 2.60% NIM 2.54% 2.53%
Slide 14: Non-Interest Income
Non-Interest Income (RM ’mil) 4Q25 QoQ FY25 YoY NOII Breakdown Total NOII Trading & FX Fee & commission 668 (8.9%) 2,819 3.2% -27.4% QoQ -29.0% QoQ Trading & FX 823 (29.0%) 3,841 3.3% 2,128 1,159 Others 53 (77.5%) 461 1.5% 1,544 823 969 642 334 Total 1,544 (27.4%) 7,121 3.1% 721 1,159 823 517 489 On
Slide 15: Operating Expenses
Operating Expenses (RM ’mil) 4Q25 QoQ FY25 YoY Total Operating Expenses CIR Personnel 1,434 (20.0%) 6,344 (<0.1%) 49.9% Establishment 195 2.6% 748 (9.4%) 49.2% 46.7% 47.3% 46.9% 46.9% 45.5% Technology 465 14.5% 1,748 (1.1%) Marketing 196 67.5% 555 35.0% (RM ‘mil) Admin & General 415 45.1% 1,232 15.2
Slide 16: Asset Quality
Asset Quality Total Provisions Breakdown Loan Loss Charge* (RM ’mil) (bps) Retail 1,504 1,254 Non-Retail FY24 FY25 330 1,700 Recoveries 25 30 208 1,643 40 and write-offs 567 399 32 28 26 323 283 1,070 1,126 23 (560) (474) (1,209) (1,572) 3Q25 4Q25 FY24 FY25 4Q24 1Q25 2Q25 3Q25 4Q25 Lower provision Y
Slide 17: Total Assets and Debt Securities
Total Assets and Debt Securities Total Assets Debt Securities (RM ’bil) Dec-25 Sep-25 QoQ Dec-24 YoY (RM ’bil) Dec-25 Sep-25 QoQ Dec-24 YoY Loans (net) 444.9 439.4 1.3% 442.2 0.6% Malaysia 144.0 147.0 (2.0%) 128.3 12.3% Indonesia 21.1 23.9 (11.8%) 26.3 (19.9%) Debt Securities 226.0 231.3 (2.3%) 206.
Slide 18: Gross Loans
Gross Loans Others (RM ’bil) 31 Dec-25 QoQ YoY Singapore 6% 10% Consumer Banking 241.7 0.5% 2.2% Thailand Commercial Banking 76.2 0.0% 0.5% # 7% 31 Dec-25 Wholesale Banking 132.0 2.9% (3.6%) RM452.9 bil Malaysia CIMB Digital Assets and Others 3.0 (2.9%) 0.0% Indonesia 63% 14% Total 452.9 1.1% 0.2% T
Slide 19: Deposits
Deposits Others (RM ’bil) 31 Dec-25 QoQ YoY Singapore 2% 12% Consumer Banking 223.9 (1.1%) (1.2%) Thailand 6% Commercial Banking 97.6 1.2% 2.0% 31 Dec-25 Wholesale Banking 199.4 4.2% 7.6% Indonesia RM524.4 bil 13% CIMB Digital Assets and Others 3.5 (10.3%) (25.5%) Malaysia 67% Total 524.4 1.2% 2.4%
Slide 20: Dividend Payout
Dividend Payout Total dividend Dividend per Dividend Dividend per share Period payout share Yield # (sen) (RM ’bil) (sen) (%) ^ 1st Interim 2nd Interim FY21 2.3 22.99 4.2 47.00 47.10 Special Dividend 43.00 7.00 7.00 FY22 2.7 26.00 4.5 7.00 22.99 26.00 20.00 20.35 18.50 FY23 4.6 43.00 7.4 12.55 13.00
Slide 21: Capital and Liquidity Management
Capital and Liquidity Management Capital Adequacy Liquidity Coverage Ratios (%) Dec-25 Sep-25 Dec-24 18.3% 18.5% 18.2% 18.3% 18.0% CIMB Bank* 146 145 133 Tier 2 2.9% 3.1% 3.0% 3.1% 3.1% CIMB Islamic* 135 143 135 Tier 1 0.9% 0.8% 0.6% 0.6% CIMB Niaga 199 201 213 0.6% CET1 CIMB Thai 192 180 199 14.5%
Slide 22: Consumer Banking
Consumer Banking (RM ’mil) 4Q25 QoQ FY25 YoY Operating income 2,244 (4.8%) 9,098 (1.1%) Steady FY25 underlying performance with strong NOII growth of 13.6% underpinned Overhead expenses (1,391) 11.4% (5,156) (2.3%) by robust fee and other income and PPOP 853 (23.0%) 3,942 0.5% disciplined cost manag
Slide 23: Commercial Banking
Commercial Banking (RM ’mil) 4Q25 QoQ FY25 YoY Operating income 1,044 3.0% 4,110 (1.1%) Overhead expenses (552) 8.2% (2,115) 1.3% Commercial banking PBT fell 13.2% YoY from lower income, higher expenses and PPOP 492 (2.4%) 1,995 (3.4%) Malaysia overlays (Provisions) / Writeback (56) (17.6%) (202) >1
Slide 24: Wholesale Banking
Wholesale Banking (RM ’mil) 4Q25 QoQ FY25 YoY Robust Wholesale Banking performance in Operating income 1,366 (21.3%) 6,203 (1.3%) FY25 underpinned by strong T&M and higher writebacks from Malaysia and Overhead expenses (623) 7.8% (2,375) (3.6%) Indonesia but partially offset by lower PPOP 743 (35.8%
Slide 25: CIMB Digital Assets & Group Funding
CIMB Digital Assets & Group Funding (RM ’mil) 4Q25 QoQ FY25 YoY CDAGF FY25 performance was weaker YoY due to increased personnel costs and Operating income 765 (8.9%) 3,056 14.9% higher provisions from Philippines. TNGD Overhead expenses (139) (69.4%) (981) 66.3% remains firmly profitable PPOP 626 6
Slide 26: CIMB Islamic
CIMB Islamic (RM ’mil) 4Q25 QoQ FY25 YoY PBT declined 17.9% QoQ mainly due to Operating income 1,111 (7.6%) 4,573 6.3% lower operating income and higher Overhead expenses (481) 34.0% (1,608) 11.6% expenses; +7.1% YoY from revenue growth and lower provisions PPOP 630 (25.3%) 2,965 3.7% (Provisions) /
Slide 27: 2026 Outlook
2026 Outlook Indicator FY26 guidance • FX continues to be a headwind ROE 11.0 – 11.5% • Continued focus on execution of the 4Cs Asset Growth • 2026 ROE target of 11 – 11.5% 5 – 7% (on constant currency) • On track to achieve 12 – 13% CIR < 47% ROE in 2027, the Forward30 mid- term checkpoint Loan Los
Slide 28: Thank you
Thank you
Slide 29: Appendices
Appendices
Slide 30: Earnings Summary
Earnings Summary (RM ’mil) 4Q25 3Q25 QoQ FY25 FY24 YoY 4Q24 YoY Net interest income 3,875 3,819 1.5% 15,346 15,397 (0.3%) 3,816 1.5% Non-interest income 1,544 2,128 (27.4%) 7,121 6,904 3.1% 1,512 2.1% Operating income 5,419 5,947 (8.9%) 22,467 22,301 0.7% 5,328 1.7% Overhead expenses (2,705) (2,791)
Slide 31: Key Ratios
Key Ratios (%) 4Q25 3Q25 QoQ FY25 FY24 YoY 4Q24 YoY ROE ~ 10.9 11.8 ▼ 11.3 11.2 ▲ 10.6 ▲ NIM ~* 2.10 2.08 ▲ 2.13 2.21 ▼ 2.16 ▼ NIM banking book ~* 2.53 2.55 ▼ 2.60 2.72 ▼ 2.72 ▼ Non-interest income / total income 28.5 35.8 ▼ 31.7 31.0 ▲ 28.4 ▲ Cost to income 49.9 46.9 ▲ 47.3 46.7 ▲ 49.3 ▲ Allowance
Slide 32: NOII breakdown
NOII breakdown (RM ’mil) 4Q25 3Q25 QoQ FY25 FY24 YoY Fee & commission 668 733 (8.9%) 2,819 2,731 3.2% Brokerage 17 15 13.3% 51 46 10.9% Asset management and security services 6 6 - 20 20 - Trading & FX 823 1,159 (29.0%) 3,841 3,719 3.3% Dividend income 11 27 (59.3%) 71 118 (39.8%) Other income 19 18
Slide 33: PBT by Segments
PBT by Segments PBT (RM ’mil) 4Q25 3Q25 QoQ FY25 FY24 YoY Consumer Banking (28.3%) 622 685 (9.2%) 2,801 2,825 (0.8%) Commercial Banking (17.5%) 436 436 - 1,793 2,065 (13.2%) Wholesale Banking (38.2%) 1,019 1,476 (31.0%) 4,510 3,848 17.2% Corporate Banking (19.3%) 554 844 (34.4%) 2,415 2,086 15.8% Tr
Slide 34: PBT by Segment and Country
PBT by Segment and Country Consumer Banking 4Q25 3Q25 QoQ FY25 FY24 YoY Malaysia (RM ’mil) 578 512 12.9% 2,073 1,818 14.0% Indonesia (IDR ’bil) 149 556 (73.2%) 2,308 3,134 (26.4%) Thailand (THB ’mil) (170) (38) (347.4%) (466) (387) (20.4%) Singapore (SGD ’mil) 11 8 37.5% 49 41 19.5% Others * (RM ’mi
Slide 35: Consumer Banking Key Highlights
Consumer Banking Key Highlights Malaysia QoQ YoY Indonesia ^ QoQ YoY Consumer Gross Loans 1.3% 3.8% Consumer Gross Loans 0.4% 4.3% Mortgages 1.2% 3.8% Mortgages (0.1%) 0.3% Wealth (0.0%) (5.6%) Auto 4.0% 10.1% Auto 2.2% 7.0% Credit cards 4.6% 0.7% Credit cards 2.9% 7.0% Consumer Deposits 0.4% (0.1%)
Slide 36: CIMB Niaga: Earnings Summary
CIMB Niaga: Earnings Summary (IDR 'bil) 4Q25 3Q25 QoQ FY25 FY24 YoY Net interest income 3,398 3,455 (1.6%) 13,476 13,267 1.6% Non interest income 1,277 1,810 (29.4%) 5,960 5,651 5.5% Operating income 4,675 5,264 (11.2%) 19,436 18,918 2.7% Overhead expenses (2,380) (2,220) 7.2% (8,925) (8,384) 6.5% P
Slide 37: CIMB Niaga: Key Ratios
CIMB Niaga: Key Ratios (Consolidated, %) 4Q25 3Q25 QoQ FY25 FY24 YoY ROE ^ 11.6 13.6 ▼ 13.0 14.3 ▼ NIM ^ 3.88 4.08 ▼ 3.97 4.09 ▼ Cost to Income 50.9 42.2 ▲ 45.9 44.3 ▲ Loan Loss Coverage # 197.8 199.9 ▼ 197.8 270.0 ▼ Allowance Coverage 112.3 113.5 ▼ 112.3 115.3 ▼ Loan Loss Charge ^ 0.38 1.28 ▼ 0.74
Slide 38: CIMB Thai: Earnings Summary
CIMB Thai: Earnings Summary Before GAAP Adjustments 4Q25 3Q25 QoQ FY25 FY24 YoY (THB 'mil) Net interest income 2,140 2,061 3.8% 8,295 9,473 (12.4%) Non interest income 1,082 1,708 (36.7%) 5,477 5,630 (2.7%) Operating income 3,222 3,769 (14.5%) 13,772 15,103 (8.8%) Overhead expenses (2,034) (1,771) 1
Slide 39: CIMB Thai: Key Ratios
CIMB Thai: Key Ratios (Consolidated, %) 4Q25 3Q25 QoQ FY25 FY24 YoY ROE ^ 3.2 6.3 ▼ 4.4 5.9 ▼ NIM ^ 1.91 1.86 ▲ 1.89 2.21 ▼ Cost to Income 63.1 47.0 ▲ 53.3 58.7 ▼ Loan Loss Coverage ** 171.5 158.1 ▲ 171.5 137.9 ▲ Loan Loss Charge ^ 1.1 1.6 ▼ 1.5 1.1 ▲ Gross NPL ratio ** 2.2 2.6 ▼ 2.2 2.6 ▼ ROA 0.3 0
Slide 40: Sustainability Highlights
Sustainability Highlights Directing capital to grow green infrastructure and agriculture, enhancing resilience and earning global recognition Our Performance Reflected in Global Rankings #1 globally among 88th 400 Financial percentile Institutions ESG Risk Rating: Financial System Benchmark 2025 #2
Slide 41: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) FY25 FY24 FY25 FY24 Market Market Market Market Rank Rank Rank Rank Share Share Share Share DCM Domestic 32.5% 1 34.9% 1 DCM 4.1% 10 3.8% 9 Sukuk 35.1% 1 35.7% 1 DCM* 5.0% 8 5.0% 8 DCM Domestic* 25.1% 2 28.6% 1 M&A 21.9% 1 - - Sukuk* 27.4% 2 30.4% 1 Syndication 2.0% 4
Slide 42: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) FY25 FY24 FY25 FY24 Asia ASEAN Market Market Market Market Rank Rank (ex-Japan) Rank Rank Share Share Share Share DCM 14.0% 1 12.5% 1 DCM 0.6% 39 0.5% 51 DCM* 12.2% 1 12.1% 1 DCM* 0.5% 42 0.5% 49 M&A 9.3% 8 5.9% 13 M&A 1.0% 30 1.1% 28 Syndication 1.8% 10 0.4% 31 Syndi
CIMB Group Holdings Berhad — Q4 2025 Earnings Presentation on 6ix