Rhb Bank Bhd. · MYX:RHBBANK
Rhb Bank Bhd — Q1 2026 Earnings Presentation
33 slides from Rhb Bank Bhd's earnings presentation, May 29, 2026
Slide 1: Analyst Presentation Q1 2026 Financial Results
Analyst Presentation Q1 2026 Financial Results Dato’ Mohd Rashid Mohamad Group Managing Director and Group Chief Executive Officer 29th May 2026 1
Slide 2: Executive Summary Q1 2026 Financial Results Summary
1. Executive Summary 2. Q1 2026 Financial Results 3. Summary
Slide 3: Executive Summary
Executive Summary
Slide 4: Q1 2026: Financial Highlights
4 Q1 2026: Financial Highlights 4 Total Income NIM with LMN1 PROFITABILITY ▲ 7.2%* ▲ 1.91% Total income expanded 7.2% to RM2.2 bil (Q1’26) from RM2.0 bil (Q1’25) driven by growth in both Q1’26: RM2.2 bil FY’25: 1.88% net fund based (4.6%) and non-fund based income (14.1%) Cost-to-Income Credit Cost
Slide 5: PROGRESS27 Key Impact and Deliverables
PROGRESS27 Key Impact and Deliverables 5 5 PROGRESS27 Q1 2026 Highlights Key Strategic Objectives 75% CSAT Score for 95% of customer #2 NPS Rank transactions made via (NPS: Net Promoter Score) Mobile Banking Best in Service FY2025 (CSAT: Customer Satisfaction) Digital Channels FY2025 Q1 2026 30.1% D
Slide 6: Sustainability Strategy and Roadmap: Key Highlights for Q1 2026
Sustainability Strategy and Roadmap: Key Highlights for Q1 2026 6 Cumulatively mobilised approximately RM63 bil in SFS (70% against RM90 bil target by 2027) MOBILISE RM90 BILLION Cumulative • Green activities: RM35 bil (56%) in Sustainable Financial Services Achievements • Social activities: RM12 bi
Slide 7: Recognition Of The Progress That RHB Has Made
Recognition Of The Progress That RHB Has Made 7 Rating Classification Ratings Long Term Financial Institution AA1 AAA Short Term Financial Institution P1 2026 Global Banking & Outlook Positive CCC B BB BBB A AA AAA Finance Review Awards RAM Ratings upgraded RHB’s Outlook RHB’s MSCI ESG rating upgrad
Slide 8: Q1 2026 Financial Results
Q1 2026 Financial Results
Slide 9: Profits up 14.2% YoY supported by stronger total income and lower ECL
Profits up 14.2% YoY supported by stronger total income and lower ECL, drove ROE higher to 9 10.2% 5.9% 7.2% Q1’26 vs Q4’25 (QoQ) Q1’26 vs Q1’25 (YoY) 2,333 2,196 2,048 2,196 • Total income declined 5.9% mainly from weaker • Total income grew 7.2% with both net fund based Net fund based income 1,533
Slide 10: Growth on track, supported by strong deposit funding. Asset Quality under close watch
Growth on track, supported by strong deposit funding. Asset Quality under close watch 10 Financial Position Asset Quality Total Gross Securities Stage 2 Loans Group GIL Domestic GIL Assets Loans Portfolio Ratio 8.2%* 5.3%* Flat 0.15% 5.5% 7.3% 358 365 254 90 90 2.6 2.8 251 4.82% 3.5 3.7 4.67% Dec 20
Slide 11: YoY profit growth underpinned by strong income expansion and reduced ECL
YoY profit growth underpinned by strong income expansion and reduced ECL 11 11 Q1 Q4 Q1 RM mil QoQ % YoY % 2025 2025 2026 Net fund based income 1,487 1,533 1,556 23 1.5% 69 4.6% Non-fund based income 561 800 640 -159 19.9% 79 14.1% Net Income 2,048 2,333 2,196 -137 5.9% 148 7.2% Operating expenses -
Slide 12: NIM expanded 4 bps QoQ driven by deposits repricing
NIM expanded 4 bps QoQ driven by deposits repricing, FX swap lifted NIM by 5 bps to 1.91% 12 12 Net Fund Based Income Net Interest Margin (NIM) YTD: 6 bps QoQ +4bps Group NIM 1.80% 1.86% QoQ: 1.5% YoY: 4.6% 1.84% 1.86% • NIM expansion due to 1.81% 1.77% 1.82% deposits repricing FY2025 Q1 2026 1,533
Slide 13: Non-fund based income improved YoY supported by fee income and trading gain
Non-fund based income improved YoY supported by fee income and trading gain 13 Fee Income Treasury Income Net Income from Others Non-Fund Based Income Insurance Business QoQ: 1.8% QoQ: 32.1% QoQ: 91.2% QoQ: 72.3% 25 QoQ: 19.9% YoY: 14.1% 384 377 380 11 258 800 2 3 640 640 561 Q4 2025 Q1 2026 Q4 2025
Slide 14: CIR improved to 46.2% underpinned by continued progress in cost optimisation initiative
CIR improved to 46.2% underpinned by continued progress in cost optimisation initiative 14 14 Cost & CIR Cost Optimisation 5-Year Trend Initiative 48.4% 46.2% 47.4% 46.2% 47.5% 46.7% 47.3% 46.2% CIR 300 - 350 44.2% QoQ: 10.1% YoY: 4.6% 9.0% 1,130 220 1,015 971 1,015 4.6% YoY cost growth 3.3% 2.4% 2.
Slide 15: Continued loans expansion through Mortgage, Auto Finance, Commercial and Singapore
Continued loans expansion through Mortgage, Auto Finance, Commercial and Singapore 15 15 Gross Loans Mar Dec Mar YTD RM bil YTD YoY 2025 2025 2026 Annualised GROUP COMMUNITY BANKING 124.1 130.4 131.9 1.1% 4.6% 6.3% Mortgage 90.3 95.6 96.8 1.3% 5.1% 7.2% Commercial Property Financing 3.7 3.5 3.4 -2.4
Slide 16: CASA ratio stable at 29.5%
CASA ratio stable at 29.5% 16 16 Customer Deposits CASA by Segment Mar Dec Mar YTD RM bil YTD YoY YoY: 4.0% 2025 2025 2026 Annualised YTD: 2.4% (Annualised: 9.5%) GROUP COMMUNITY BANKING 23.5 23.5 24.2 3.1% 12.4% 2.8% RM bil GROUP CORPORATE & BUSINESS BANKING 37.2 42.5 42.1 -1.0% - 13.3% 248.5 252.5
Slide 17: Domestic GIL continues to trend below industry level
Domestic GIL continues to trend below industry level 17 Gross Impaired Loans (Group) Gross Impaired Loans (Domestic) 4.99% 4.95% 4.91% 4.82% 4.67% 5.06% 5.10% 5.16% 4.98% 4.87% GIL Ratio movement: Industry 8,000 2.20% 7,500 GIL Ratio movement: 20,000 2.20% YoY: 2 bps YoY: 3 bps 18,000 1.50% 1.51% 1.
Slide 18: Stable asset quality for International Business whilst domestic GIL mirrors industry-wide trend
Stable asset quality for International Business whilst domestic GIL mirrors industry-wide trend 18 Mortgage Unsecured Auto Finance 3.61% 3.60% 3.68% 3.67% 3.82% 6.08% 6.24% 6.68% 7.07% 7.02% 4.85% 5.00% 4.97% 4.71% 5.08% 1.03% 1.02% 1.05% 1.27% 1.30% 1.32% 1.29% 1.32% 1.00% 0.99% 0.43% 0.41% 0.43% 0
Slide 19: Key segments demonstrated resilient earnings growth whilst Group Insurance's profit impacted
Key segments demonstrated resilient earnings growth whilst Group Insurance’s profit impacted by 19 lower underwriting surplus and investment income 19 11.8% 2.6% 16.7% 2.9% 85.8% 726 812 657 674 585 501 259 266 19 Net Income 3 Group Community Group Corporate & Group Wholesale Group International Gro
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% 17.6% 17.1% 16. 0% 15. 0% 14. 0% 14. 0% 16.6% 16.1% 13. 0% 12. 0% 11. 0% 10. 0% 15.2% 14.7% 15.2% 14.7% 12. 0% 10. 0% 13.9% 13.5% 13.9% 13.5% 9.0
Slide 21: Summary
Summary
Slide 22: Concluding Remarks
Concluding Remarks 22 Q1’26 Key Financial Indicators i. Profits up 14.2% YoY supported by stronger total income and lower ECL, drove ROE higher to 10.2% ii. Loans expanded 5.3% , within guidance. Asset quality under close watch iii. Effective funding with stable CASA ratio 29.5% Key Financial Assist
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 FY2022 FY2023 FY2024 FY2025 Q1 2026 RM mil Income Statement Total Income 8,160 7,770 8,605 8,774 2,196 Operating Profit Before Allowances 4,554 4,081 4,583 4,620 1,181 Profit Before Tax 4,133 3,753 4,020 4,378 1,081 Net Profit 2,678 2,806 3,120 3,363 857 Finan
Slide 26: Key Financial Ratios
Key Financial Ratios 26 26 Financial Ratios FY2022 FY2023 FY2024 FY2025 Q1 2026 Profitability Return on Equity 9.6% 9.5% 10.0% 10.5% 10.2% Net Interest Margin 2.24% 1.82% 1.86% 1.80% 1.86% Cost to Income Ratio 44.2% 47.5% 46.7% 47.3% 46.2% Asset Quality Gross Impaired Loan Ratio 1.55% 1.74% 1.47% 1.
Slide 27: Retail Banking
Retail Banking 27 27 RM bil Gross Loans RM bil Deposits 6.3% 4.9% 90 94 140 120 100 24 24 80 CASA 60 124 132 40 66 70 Fixed Deposit 20 - Mar 2025 Mar 2026 Mar 2025 Mar 2026 Retail Market Share * Asset Quality RM mil 9.8% 9.9% 9.9% 9.8% 0.96% 0.96% 0.98% 9.5% 0.94% 0.93% 94 9.1% 9.2% 9.2% 9.2% 9.2% 1
Slide 28: SME
SME 28 28 Gross Loans Deposits RM bil RM bil 10.1% 35.0 36 39 30.0 25.0 21 CASA 19 20.0 28 28 15.0 10.0 Fixed Deposit 5.0 16 19 - Mar 2025 Mar 2026 Mar 2025 Mar 2026 • Numbers may not sum up due to rounding SME Market Share * RM mil Asset Quality 3.36% 3.50% 3.48% 3.41% 3.91% 9.0% 8.9% 8.8% 8.7% 8.8
Slide 29: Assets Under Management and Market Positions; Key Awards
Asset Under Management and Market Positions 29 29 Asset Under Management (AUM)* Investment Banking League Table YTD March 2026 Market Share Ranking 9.7% RM bil Equities Broking: - By value 6.3% 8th 54 49 - By volume 8.5% 5th 9 1 Debt Capital Markets: - MYR sukuk 8.0% 3rd Singapore - MYR bonds (Conve
Slide 30: Investment Banking – Notable Deals
Investment Banking – Notable Deals 30 30 CF/ECM DCM M&A ACW Investment Sdn Bhd ACW Investment Sdn Bhd AME Elite Consortium Berhad Capital A Berhad Issuance of RM50.0 mil under its RM230.5 mil Acquisition of 2 Parcels of Freehold RM6.0 bil Regularisation Plan existing programme Agricultural Land with
Slide 31: Islamic Banking
Islamic Banking 31 31 PBT Gross Financing RM mil RM bil 35.0% 10.8% 100 80 103 60 40 93 327 20 - 242 Mar 2025 Mar 2026 Q1 2025 Q1 2026 Market Share 9.5% 9.8% Gross Financing/ Asset Quality Total Gross Financing (Domestic) RM mil 1.06% 1.10% 1.11% 1.19% 0.97% 46.4% 47.1% 45.1% 45.4% 45.6% 903 1,003 1
Slide 32: RHB Bank Singapore
RHB Bank Singapore 32 32 PBT Gross Loans & Deposits SGD mil SGD bil 3.9% 30 29 17.5% 9.5% 28 27 26 Mar 2025 25 24 27 10 10 11 23 26 9 Mar 2026 22 21 20 Q1 2025 Q1 2026 Gross Loans Deposits Gross Impaired Loans Ratio Credit Charge Ratio -0.01% -0.30% 0.12% -0.25% -0.09% 0.85% 0.70% 0.59% 0.46% 0.42%
Slide 33: Overseas Loans
Overseas Loans 33 33 Mar Dec Mar YTD RM bil YTD YoY 2025 2025 2026 Annualised Overseas Operations 33.4 34.5 35.8 3.3% 13.2% 7.2% Singapore 28.6 30.7 31.8 3.8% 15.4% 11.4% Others 4.8 3.8 4.0 -1.0% - -18.3% of which: Cambodia 3.2 2.6 2.6 -1.1% - -18.4% Thailand 1.2 1.0 0.9 -0.1% - -19.4%