Public Bank Bhd · MYX:PBBANK
Public Bank Bhd — 1H 2026 Earnings Presentation
20 slides from Public Bank Bhd's earnings presentation, June 2026
Slide 1: Investor Presentation: June 2026 Financial Results
Investor Presentation June 2026 Financial Results www.publicbankgroup.com
Slide 2: Financial Highlights
Profit before tax (RM’bil) ▪ 1H2026 profit was mainly contributed by strong growth in non-interest ↑1.3% ↑3.4% income 4.65 4.71 ▪ Loans and deposits increased by annualised rates of 5.9% and 4.7% 2.32 2.39 respectively 1H 2026 1H 2025 1H 2026 Q1 2026 Q2 2026 ▪ Commendable net return on equity of 12.
Slide 3: Dividend Payout
Dividend Payout Gross dividend per share --------------- 17.0 sen 19.0 sen 21.0 sen 22.5 sen 10.5 sen Dividend payout ratio ------------------- 53.9% 55.5% 57.0% 60.5% Dividend Payout 1,941 2,135 2,329 1,747 - Dividends Paid / Declared (RM’mil) 2H First interim 1,941 2,038 2,038 1H 1,553 1,747 divid
Slide 4: Profitability: Income Statement
Income Statement (RM’mil) 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Net interest / financing income* 5,646.2 5,672.7 0.5% 2,823.9 2,848.8 0.9% Non-interest / non-financing income* 1,606.0 1,802.3 12.2% 825.9 976.4 18.2% Profitability Net income 7,252.2 7,475.0 3.1% 3,649.8 3,825.2 4.8% Other opera
Slide 5: Net Interest Income & Margin
2.21 2.19 2.24 2.21 2.19 2.18 2.12 2.11 2.10 2.08 Net Interest Net Interest and Finance Income (RM'mil) Net Interest Margin (%) Income & 2,715 2,842 2,849 Margin Intense competition continued to weigh on net interest margin Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 1H 2026 Year Average NIM 2.21% 2.15%
Slide 6: Non-Interest Income
(RM’mil) Composition 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Net fee and commission 1,068.6 1,190.5 11.4% 542.1 648.4 19.6% Of which: - Unit trust income 42% 595.9 766.4 28.6% 331.5 434.9 31.1% Non- - Fee & commission income 19% 384.6 351.7 -8.5% 173.6 178.1 2.6% Interest - Stockbroking income 4
Slide 7: Segmental Profit
Profit before tax by Operating Segments (RM’mil) Composition 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Retail operations 47% 2,209.5 2,200.3 -0.4% 1,049.6 1,150.8 9.6% Segmental Fund management 10% 403.4 470.5 16.6% 216.5 254.0 17.3% Profit Hire purchase 7% 389.2 320.6 -17.6% 196.5 124.1 -36.9% Co
Slide 8: Retail Operations
Retail Operations (RM’mil) 1H 2025 1H 2026 y-o-y Net interest income 3,124.9 3,045.9 -2.5% Non-interest income 410.1 513.7 25.3% Retail Net income 3,535.0 3,559.6 0.7% Operations Other operating expenses (1,304.0) (1,287.1) -1.3% Allowance for impairment on loans and other assets (21.5) (72.2) >100%
Slide 9: Hire Purchase and Corporate Lending
Hire Purchase Corporate Lending (RM’mil) 1H 2025 1H 2026 y-o-y (RM’mil) 1H 2025 1H 2026 y-o-y Net interest income 592.4 597.0 0.8% Net interest income 286.3 271.3 -5.2% Non-interest income 0.2 0.7 >100% Hire Net income Non-interest income 34.1 13.6 -60.2% 592.6 597.7 0.9% Net income 320.4 284.9 -11.
Slide 10: Wealth Management and Bancassurance Business
Public Mutual Berhad Profit Before Tax (RM’mil) Net Asset Value of Funds Under Management (RM’bil) ↑16.6% 119.1 106.3 Retail Market 102.0 27.5 Share: Wealth 22.3 25.8 44.6%* Of which: Unit Trust Business Management 428.3 403.4 470.5 NAV - Other Funds 91.6 79.7 80.5 NAV - Equity Funds Public Mutual’s
Slide 11: Other Operating Expenses
(RM’mil) Composition 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Personnel costs 74% 1,862.5 1,925.4 3.4% 952.2 973.2 2.2% Establishment costs 17% 427.1 454.6 6.4% 223.3 231.3 3.6% Other Marketing expenses 3% 65.9 83.9 27.4% 39.8 44.1 10.9% Operating Administration and general expenses 6% 203.5 157.
Slide 12: Gross Loan in Domestic Operations
Loans – Outstanding Balance and Market Share Loans – By Segment 17.7% 17.8% 17.9% Others, 445.8 458.9 Group Loan (RM'bil) 424.2 <1% 421.0 434.1 Overseas 397.7 Loan Domestic Loan (RM'bil) Operations, 5% Jun-26 Growth Domestic Loan Market Share Corporate Lending, RM458.9 bil 2024 2025 Jun-26 10% Retai
Slide 13: Asset Quality
Domestic Operations Residential properties Transport vehicles Group Gross Impaired Loans 0.5% 0.5% Industry: 0.2% 0.2% 0.3% Industry: 0.3% 0.3% 0.3% Pre-pandemic: 1.15% 0.65% 0.5% 0.5% 0.5% 0.5% 617 234 229 563 544 594 162 191 Industry: Industry: 1.51% 0.4% 0.4% 0.4% 1.43% 2019 2024 2025 Jun-26 2019
Slide 14: Total Deposit in Domestic Operations
Deposit – Outstanding Balance and Market Share Deposit – By Type Money 16.5% 16.4% 16.3% Market Fixed 433.3 447.1 457.6 Deposit and Deposit, Others, 15% Jun-26 57% Group Deposit (RM'bil) 419.0 428.9 RM457.6 bil 403.5 Deposit Domestic Deposit (RM'bil) Demand Deposit, 17% Savings Deposit, 11% Growth D
Slide 15: Capital & Liquidity Position
Capital Adequacy Liquidity Risk Indicators Industry Total capital: 17.6% 17.6% 17.4% Industry 18.0% 17.0% 650.0 95.6% 95.3% 16.6% 16.5% 92.9% 94.3% LTF: 91.4% 82.3% Industry 16.0% Capital & 14.6% 14.7% 14.2% 13.9% 13.9% Tier I: 550.0 14.5% Industry 14.0% 14.7% Liquidity 14.6% 14.2% 13.9% 13.9% 450.0
Slide 16: Business Delivery Channel
2024 2025 Jun-26 Malaysian Operations Public Bank - Domestic 260 260 260 - Overseas 3 3 3 Public Islamic Bank 4 4 4 Business Public Mutual 28 28 28 Delivery Public Investment Bank 1 1 1 Channel Lonpac Insurance 22^ 22^ 22^ Hong Kong & China Operations Public Finance 40 40 40 Public Bank (HK) - Hong
Slide 17: Strategic Direction
Strategic Direction CORPORATE MISSION To sustain the position of being the most efficient, profitable and respected premier financial institution in Malaysia Strategic Thrusts (STs) Sustainable Shareholder Return Superior Customer Experience SEEN Digital Transformation Employee Wellbeing and Develop
Slide 18: Appendix: Profitability, Shareholder Value and Key Balance Sheet Data
RM’mil 2019 2022 2023 2024 2025 Jun-26 Operating profit 7,283 9,203 8,678 9,183 9,566 4,854 Profitability Profit before tax 7,134 8,831 8,539 8,932 9,543 4,708 Net profit 5,512 6,119 6,649 7,147 7,224 3,576 Appendix Shareholder Earnings per share (sen) Net assets per share (RM) 28.39 2.25 31.53 2.59
Slide 19: Appendix: Key Financial Ratios
% 2019 2022 2023 2024 2025 Jun-26 Industryb Net interest margin on yielding assets 2.15 2.39 2.20 2.21 2.15 2.09 N/A Net return on equity+ 13.6 12.8 13.0 13.2 12.8 12.2 8.9 Profitability Pre-tax return on average assets 1.7 1.8 1.7 1.7 1.7 1.6 1.3 Ratios Cost to income ratio 34.4 31.5 33.7 34.5 34.9
Slide 20: Investor Relations Contact
Investor Relations Contact Ms. Chang Siew Yen Ms. Yik Sook Ling Deputy Chief Executive Officer Chief Financial Officer +(603) 2176 7461 +(603) 2176 6186 changsiewyen@publicbank.com.my yiksookling@publicbank.com.my Mr. Chong Soo Loong Head Office General Manager, Corporate Planning, Menara Public Ban