December 2025 Financial Results
https://www.publicbankgroup.com
Profit before tax (RM'bil)
↑6.8%
↓0.3%
FY 2024
FY 2025
Q3 2025
Q4 2025
2.44
2.45
8.93
9.54
Overall 2025 profitability mainly supported by net interest and non-interest income
Loan and deposit increased by 5.1% and 3.2% respectively
7.15
7.22
↑1.1%
Net profit (RM'bil)
↑1.8%
Resilient net return on equity of 12.8%
Low credit cost at 2 bps
Sound asset quality, with gross impaired loans ratio remaining low
at 0.51%
Stable capital and liquidity position
1.84
1.88
Gross loans (RM'bil)
↑5.1%
Domestic operations
↑5.9%
Dec-24
Dec-25
Dec-24
Dec-25
397.7
421.0
424.2
445.8
Gross impaired loans ratio
0.51%
Dec-24: 0.52%
Net ROE
12.8%
Dec-24: 13.2%
Cost-to-income
ratio
34.9%
Dec-24: 34.5%
NIM
2.15%
Dec-24: 2.21%
Of which:
FY 2024 FY 2025 Q3 2025 Q4 2025
Customer deposits (RM'bil)
↑3.2%
Domestic operations
Gross loan to fund and equity ratio
84.1%
Dec-24: 83.1% ^
Credit cost ratio
0.02%
Dec-24: 0.0001%
Loan loss coverage ratio
149.9%
Dec-24: 166.2%
Total capital ratio π
16.6%
Dec-24: 17.0% ^
Of which:
↑3.8%
433.3
447.1
403.5
419.0
Dec-24 Dec-25
Dec-24 Dec-25
π After deducting dividends declared subsequent to end of year
^ Restated 2
FY 2025
Financial Highlights
Pre-tax profit for
FY2025
surpassed RM9.0 bil, achieving another key financial
milestone
Dividend Paid / Declared (RM'mil)
3,688
4,076
2,950
3,300
2,135
2,329
1,494
1,747
1,941
2H
1,941
2,038
1H
1,456
1,553
1,747
4,367
2025 Dividend | |
1st interim dividend | 10.5 sen |
2ndinterim dividend | 12.0 sen |
Full year dividend | 22.5 sen |
2021 2022 2023 2024 2025
2021 | 2022 | 2023 | 2024 | 2025 | |
Gross dividend per share | 15.2 sen | 17.0 sen | 19.0 sen | 21.0 sen | 22.5 sen |
Dividend payout ratio | 52.2% | 53.9% | 55.5% | 57.0% | 60.5% |
Dividend
Payout
Higher dividend
of 22.5 sen per share for 2025, translating to a payout ratio of
60.5%
Income Statement | ||||||
(RM'mil) | FY 2024 | FY 2025 | y-o-y | Q3 2025 | Q4 2025 | q-o-q |
Net interest / financing income* | 11,068.3 | 11,304.5 | 2.1% | 2,800.2 | 2,858.1 | 2.1% |
Non-interest / non-financing income* | 2,942.3 | 3,390.7 | 15.2% | 924.6 | 860.1 | -7.0% |
Net income | 14,010.6 | 14,695.2 | 4.9% | 3,724.8 | 3,718.2 | -0.2% |
Other operating expenses | (4,828.1) | (5,128.7) | 6.2% | (1,268.7) | (1,301.1) | 2.6% |
Operating profit | 9,182.5 | 9,566.5 | 4.2% | 2,456.1 | 2,417.1 | -1.6% |
(Loan loss allowance) / writeback of loan loss allowance | (0.6) | (66.8) | >100.0% | (10.8) | 17.1 | >-100.0% |
Other allowance | (491.5) | (12.8) | -97.4% | (4.5) | (4.5) | -0.8% |
Share of profit after tax of equity accounted associated companies | 241.2 | 56.0 | -76.8% | 11.8 | 14.4 | 22.0% |
Profit before tax | 8,931.6 | 9,542.9 | 6.8% | 2,452.6 | 2,444.1 | -0.3% |
Net profit attrib. to shareholders | 7,147.0 | 7,224.4 | 1.1% | 1,842.6 | 1,876.3 | 1.8% |
Earnings per share (sen) | 36.84 | 37.41 | 1.5% | 9.54 | 9.72 | 1.9% |
* Include Islamic banking business
Profitability
Continued top-line
expansion, with stronger non-interest
Income growth
2.26 2.18 2.21 2.15 2.21 2.19 2.24 2.21 2.19 2.18 2.10 2.12
Net Interest and Finance Income (RM'mil) Net Interest Margin (%)2,638
2,827
2,858
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2023 | 2024 | 2025 | |
Year Average NIM | 2.20% | 2.21% | 2.15% |
Net
Interest Income & Margin
Modest quarterly
uptick in NIM; proactive funding cost management supports margin
performance
(RM'mil) | Composition | FY 2024 | FY 2025 | y-o-y | Q3 2025 | Q4 2025 | q-o-q |
Net fee and commission | 2,187.0 | 2,225.6 | 1.8% | 565.0 | 592.0 | 4.8% | |
Of which: - Unit trust income | 38% | 1,222.4 | 1,281.0 | 4.8% | 332.9 | 352.1 | 5.8% |
- Fee & commission income | 23% | 760.9 | 785.5 | 3.2% | 195.3 | 205.6 | 5.3% |
- Stockbroking income | 5% | 203.7 | 159.1 | -21.9% | 36.8 | 34.3 | -6.8% |
Net gains and losses on financial instruments | 7% | 127.9 | 225.6 | 76.5% | 89.2 | 29.0 | -67.5% |
Other operating income | 508.5 | 513.8 | 1.0% | 144.7 | 140.9 | -2.6% | |
Of which: - Foreign exchange income | 12% | 392.1 | 413.0 | 5.3% | 110.9 | 111.8 | 0.8% |
- Others | 3% | 116.4 | 100.8 | -13.4% | 33.8 | 29.1 | -13.6% |
Income from general insurance business | 9% | 29.2 | 307.1 | >100.0% | 88.5 | 72.6 | -18.0% |
Non-interest income | 2,852.6 | 3,272.1 | 14.7% | 887.4 | 834.5 | -6.0% | |
Islamic non-financing income | 3% | 89.7 | 118.6 | 32.2% | 37.2 | 25.6 | -31.1% |
Total non-interest / non-financing income 100% | 2,942.3 | 3,390.7 | 15.2% | 924.6 | 860.1 | -7.0% | |
Total non-interest income/Total income* | 21.0% | 23.1% | 24.8% | 23.1% | |||
* These ratios include non-financing income from Islamic banking business
Non-
Interest Income
Strong
non-interest income growth contributed to a higher
non-interest income to total income
composition
Profit before tax by Operating Segments | |||||||
(RM'mil) | Composition | FY 2024 | FY 2025 | y-o-y | Q3 2025 | Q4 2025 | q-o-q |
Retail operations | 49% | 4,446.0 | 4,677.1 | 5.2% | 1,188.3 | 1,279.3 | 7.7% |
Hire purchase | 7% | 1,047.8 | 664.9 | -36.5% | 148.6 | 127.1 | -14.5% |
Fund management | 9% | 860.0 | 850.6 | -1.1% | 221.2 | 226.1 | 2.2% |
Corporate lending | 9% | 842.8 | 851.0 | 1.0% | 231.4 | 219.2 | -5.3% |
Treasury operations | 3% | 289.8 | 308.0 | 6.3% | 85.8 | 84.3 | -1.7% |
General Insurance | 4% | 33.3 | 393.6 | >100.0% | 110.6 | 85.4 | -22.8% |
Investment banking | 1% | 92.5 | 64.7 | -30.0% | 19.3 | 15.3 | -20.9% |
Others | 13% | 1,450.2 | 1,280.3 | -11.7% | 304.8 | 302.0 | -0.9% |
Overseas operations | 5% | -130.8 | 452.7 | >100.0% | 142.6 | 105.4 | -26.1% |
Profit before tax | 100% | 8,931.6 | 9,542.9 | 6.8% | 2,452.6 | 2,444.1 | -0.3% |
Segmental
Profit
Diversified
earnings contributed to the Group's
profit
Retail Operations | |||
(RM'mil) | FY 2024 | FY 2025 | y-o-y |
Net interest income | 6,253.7 | 6,306.6 | 0.8% |
Non-interest income | 859.6 | 873.0 | 1.6% |
Net income | 7,113.3 | 7,179.6 | 0.9% |
Other operating expenses | (2,559.5) | (2,585.6) | 1.0% |
(Allowance) / Writeback of allowance for impairment on loans and other assets | (107.8) | 83.1 | >-100.0% |
Profit before tax | 4,446.0 | 4,677.1 | 5.2% |
Loans & Deposit-taking (RM'bil) Gross Impaired Loans (RM'mil)
0.33% 0.35% 0.30%
320.2
327.2
297.8
293.8
276.1
262.0
964.4
877.0
892.2
2023 2024 2025
Gross Loan Deposit2023 2024 2025
Gross Impaired LoansGross Impaired Loans Ratio
Retail
Operations
Profit mainly
supported by top-line and write-back of loan impairment
allowance
Hire Purchase | |||
(RM'mil) | FY 2024 | FY 2025 | y-o-y |
Net interest income | 1,144.2 | 1,172.1 | 2.4% |
Non-interest income | 1.3 | 0.7 | -45.4% |
Net income | 1,145.5 | 1,172.8 | 2.4% |
Other operating expenses | (299.6) | (346.6) | 15.7% |
Writeback of allowance / (Allowance) for impairment on loans and other assets | 201.9 | (161.3) | >100.0% |
Profit before tax | 1,047.8 | 664.9 | -36.5% |
Corporate Lending | |||
(RM'mil) | FY 2024 | FY 2025 | y-o-y |
Net interest income | 598.9 | 582.3 | -2.8% |
Non-interest income | 50.8 | 70.4 | 38.6% |
Net income | 649.7 | 652.7 | 0.5% |
Other operating expenses | (23.3) | (24.6) | 5.4% |
Writeback of allowance for impairment on loans and other assets | 216.4 | 222.9 | 3.0% |
Profit before tax | 842.8 | 851.0 | 1.0% |
Gross Loans (RM'bil)
Gross Loans (RM'bil)
80.5
73.0
64.6
45.6
47.8
46.0
GIL ratio
2023 2024 2025
Gross Impaired Loans (RM'mil)
162.5
167.9
190.5
0.26% 0.22% 0.24%
2023 2024 2025
GIL ratio
2023 2024 2025
Gross Impaired Loans (RM'mil)
443.5
400.9
438.2
0.97% 0.84% 0.95%
2023 2024 2025 9
Hire Purchase and Corporate Lending
HP's PBT impacted by higher other operating expenses and normalised loan loss allowances; Corporate lending profit supported by higher fee income and write-back of allowances
80.5
* Excluding money market funds
2025
2024
2023
2025
2024
2023
NAV - Other Funds
NAV - Equity Funds
Public Mutual Berhad
79.7
75.7
25.8
102.0
22.3
97.1
21.4
106.3
Net Asset Value of Funds Under Management (RM'bil)
Profit Before Tax (RM'mil)
798.0
850.6
860.0
Retail Market Share: 43.6%*
Of which: Unit Trust Business
Annualised New Premium (RM'mil)
533.7
439.3^
211.2
293.3
313.7
^
228.1
240.4
303.0
Of which: Bancassurance Business
616.7
2H1H
2023 2024 2025
^ Restated
Wealth
Management
PBT from
unit trust business moderated, however,
NAV up 4% y-o-y
Bancassurance
ANP up 16% y-o-y
(RM'mil) Composition | FY 2024 | FY 2025 | y-o-y | Q3 2025 | Q4 2025 | q-o-q |
Personnel costs 72% | 3,551.1 | 3,696.0 | 4.1% | 926.8 | 906.7 | -2.2% |
Establishment costs 18% | 859.4 | 912.3 | 6.2% | 222.3 | 262.9 | 18.3% |
Marketing expenses 3% | 123.0 | 145.6 | 18.3% | 39.3 | 40.5 | 3.1% |
Administration and general expenses 7% | 294.6 | 374.8 | 27.2% | 80.3 | 91.0 | 13.3% |
Total other operating expenses 100% | 4,828.1 | 5,128.7 | 6.2% | 1,268.7 | 1,301.1 | 2.6% |
Cost-to-income ratio
Total Other Operating Expenses (RM'mil)
2025
2024
2023
2022
2021
45.2%
34.9%
34.5%
33.7%
31.5%
31.6%
Industry:
3,965
4,235
4,415
4,828
5,129
Other
Operating Expenses
Cost-income
ratio remained stable and well below
industry
Loans - Outstanding Balance and Market Share
17.5% 17.7% 17.8%
399.0
424.2
445.8
372.7
397.7
421.0
Group Loan (RM'bil) Domestic Loan (RM'bil)Domestic Loan Market
Share
2023 2024 2025
Others,
<1%
Overseas
Operations, 6%
Corporate Lending, 10%
Loans - By Segment2025
RM445.8bil
Retail Operations,
Group Loan Growth | 5.9% | 6.3% | 5.1% |
Domestic Loan Growth | 5.9% | 6.7% | 5.9% |
Domestic Industry Average | 5.3% | 5.5% | 4.8% |
Hire
Purchase,
Residential properties
Commercial properties
20.4% 20.2% 20.1% 32.6%
32.0%
32.4%
30.5%
Hire purchase
31.8%
32.8%
↑5.8%
Industry:
5.9%
↑7.8%
Industry:
6.4%
Of which, financing to Domestic SMEs
Industry:
↑10.1% 6.9%
93.7
80.5
2023
2024
2025
2023
2024
2025
2023
2024
2025
Domestic Loan (RM'bil) Market Share
64.6
73.0
81.9
86.9
161.5
180.3
170.4
Gross Loan in Domestic Operations
18%
66%
67.9 | ↑10.6% 72.0 79.6 | ||
2023 | 2024 | 2025 | |
Loan
Growth
Continued
growth in key financing segments,
with SME and HP financing delivering double digit
growth
0.5%
Residential properties
0.3%
Domestic Operations
Transport vehicles
0.5%
0.3%
0.3%
Industry:
1.08%
0.3%
0.2%
0.2% Industry:
0.58%
544
2019
2023
2024
2025
2019
Commercial properties
0.3%
0.6%
0.7%
0.6%
Industry:
1.45%
2023
SME
0.8%
2024
2025
0.9%
0.8%
0.4%
Industry:
3.56%
546
663
665
2019
2023
2024
2025
2019
2023
2024
2025
270
225
507
606
591
162
168
191
234
538
563
617
Group Gross Impaired Loans
Pre-pandemic:
0.5%
0.5%
0.5%
Industry:
1.51%
0.4%
0.4%
0.4% Industry:
1.37%
0.4%
1,605
2,335
2,225 2,285
2019 2023 2024 2025
0.6%
Of which:
Gross Impaired Loans (RM'mil) Group Gross Impaired Loans Ratio (%) Domestic Impaired Loans Ratio (%)Loan loss coverage (include regulatory reserve)
0.04%
0.02%
97.0
0.0001%
63.4
24.2 34.0
39.0 34.1
1.5
-1.3 -20.5 -41.1
10.8
-17.1
Loan loss coverage
Credit cost ratio
Loan impairment allowances (RM'mil)
212.8% 237.7% 248.7%
181.8% 166.2% 149.9%
Ageing analysis of total domestic loans
% Ageing Profile of Past Due Loan / Financing | ||||
Pre-pandemic | At present | |||
2018 | 2019 | 2024 | 2025 | |
1 mth to <2 mths | 2.6% | 2.2% | 1.3% | 1.3% |
2 mths to <3 mths | 1.0% | 1.0% | 0.2% | 0.2% |
>3 mths | 0.4% | 0.4% | 0.4% | 0.4% |
Total >1 mth | 4.0% | 3.6% | 1.9% | 1.8% |
Industry: 84.8%
2023 2024 2025
Q1 Q2 Q3 Q4 13Asset
Quality
Sustaining
sound asset quality; loan loss coverage remained prudent at
149.9%
Deposit - Outstanding Balance and Market Share
16.3% 16.5% 16.4%
Deposit - By Type412.9
433.3
447.1
384.9
403.5
419.0
Money Market Deposit and
Fixed
Group Deposit (RM'bil)
Others, 15%
2025
RM447.1 bil
Deposit,
57%
Domestic Deposit (RM'bil)Domestic Deposit Market
Demand Deposit, 17%
Savings Deposit, 11%
Share
2023 2024 2025
Group CASA ratio
28.4% | 27.8% | 28.0% | ||
117.3 | 120.3 | 125.3 | ||
2023 2024 2025 | ||||
Pre-pandemic:
Group Deposit Growth | 4.6% | 4.9% | 3.2% |
Domestic Deposit Growth | 4.8% | 4.8% | 3.8% |
Domestic Industry Average | 5.6% | 3.0% | 3.4% |
25.1%
88.8
Total Deposit in Domestic Operations
2019
18.7%
Fixed Deposit
11.8%
Industry:
15.6%
Savings Deposit
↑1.0%
67.5
10.0%
12.3% 12.2%
Industry:
1.6%
17.8%
18.4% 18.4%
Industry:
1.3%
Money Market Deposit and Others
16.3%
Demand Deposit
7.6%
65.1
↑10.5%
↑6.3%
↑2.0%
2025
2025
2024
2023
2025
2023
2024
44.0
64.9
2024
58.7
2023
18.9%
71.8
2025
70.8
44.4
2023
42.7
237.9
233.2
206.3
Domestic Deposit Market Share
2024
16.0%
Industry:
18.8%
Deposit
Growth
Stable funding
base from
core deposits
Capital Adequacy
Liquidity Risk Indicators
Industry Total capital: 17.8%
Industry Tier I: 14.7%
Industry CET I: 14.2%
Industry
LTF: 82.3%
Industry
LTFE: 72.0%
17.0%^
16.6%
94.3% 95.6%
17.7% | 17.6% | 17.6% |
14.6% | 14.6% | 14.7% |
14.2%^
13.9%
90.1%
91.4% 92.9%
14.5% 14.6% 14.7% 14.2%^13.9%
333.8
349.6
298.9
313.7
368.7
80.0%
81.1% 82.0% 83.1%^ 84.1%
2021 2022 2023 2024 2025
Gross Loan to Fund RatioGross Loan to Fund and Equity Ratio
2021 2022 2023 2024 2025
* The Basel III capital ratio requirements are inclusive of:
2.5% capital conservation buffer
Domestic Systemically Important Bank (DSIB) buffer of 0.5% imposed on PBB as announced by BNM,
Common Equity Tier I Capital
Basel III
Requirement*
which was effective on 31 Jan 2021
Note: PBB did not opt for the BNM transitional
Tier I Capital Total Capital------
---------------------------
---------------------------
7.5%
9.0%
11.0%
arrangement on capital relief
^ Restated
Capital &
Liquidity Position
Strong and
healthy capital and liquidity position underpins long-term
growth
PROSPEROUS CUSTOMERS & COMMUNITIES
PRINCIPLED CONDUCT
Clocked more than 56,300 employee volunteer hours
since 2024, surpassing the 2025 target of 50,000 hours
Mobilised more than RM10 billion of affordable homes
financing since 2020
Spent over RM6.5 million on the community since 2023
Improved over 1.8 million individuals' lives since 2021, surpassing the 2025 target of 1.5 million individuals
RM2.01 billion of income tax paid in 2025
Zero incidents of corruption
100% of the Group's key entities conducted
corruption-related risk assessment
Zero cyber incidents across the Group's systems and
business operations
2025 Key
Highlights on ESG
Key Commitments
Net Zero Carbon by 2050
Develop and invest in talent to build a future ready workforce
Improve financial accessibility and well-being of society
Grow business underpinned by ethical conduct and compliance
Mobilised more than RM77 billion in sustainable
finance since 2020
(against target set of RM100 billion by 2030)
Set decarbonisation targets for cement, construction
and palm oil sectors, with the real estate being a new addition in 2025
Established the PB Sustain - a centralised platform providing information to support customers' sustainability journey
Equipped over 40% of Public Bank-owned branches in Malaysia with
solar panels of 2,766 kWp generation capacity
PROTECTING THE ENVIRONMENT
77%
Over RM64 million spent on training and development
46.0% female representation in senior management
Achieved an average of 3.8 hours of sustainability-related training completed
Zero incidents of human rights violation
PROFICIENT EMPLOYEES
Y-o-Y Growth Total subscribers: Active users:
No. of financial transactions:
MyPB
Retail Internet Banking:
↑7.1%
↑7.6%
↓3.9%
MyPB App Retail Mobile Banking :
↓16.2%*
↑4.1%
↑52.3%
PB enterprise Corporate Internet Banking:
↑13.6%
↑8.7%
↑13.3%
PB enterprise App Corporate Mobile Banking:
↑27.3%
↑27.3%
* The decline in total retail mobile banking subscribers was attributed to a streamlined user base following the discontinuation of PB engage mobile App
Transforming Digital Customer Experience
Launched fully digital savings account opening on MyPB App
Launched PB enterprise 2.0 with improved interface and enhanced functionality
Expanded digital payment ecosystem, e.g. include MyDebit cards on major mobile wallets, extended cross-border QR payment network
to new markets in the ASEAN region, enabling more customers to perform seamless and secure transactions across borders
Boosting Operational Productivity and Efficiency
Deployed e-invoicing across digital channels
Deployed Generative AI in Software Development and significantly improved the overall quality and efficiency of the software
development lifecycle
Launched a High-Performance Data Architecture to manage and analyse diverse data at scale
Enhanced Cybersecurity and Fraud Prevention Measures
Deployed a new AI-Powered Fraud Prevention System to strengthen fraud monitoring and intelligent detection capabilities
Implemented Fund Lock, which allows customers to lock a portion of their fund against unauthorised transfers / scam-related transactions
Incorporated Security Posture Device Scan to MyPB App to detect the presence of unofficial applications or installation files that may have been unintentionally downloaded
Provided latest advisory and updates on financial scams and security threats via online platforms, PB Scam Webinar Series as well as
physical touchpoints e.g. road shows and conferences 17
2025
Key Digital Initiatives
Surging
popularity in mobile banking
>22,000
Staff
2023 | 2024 | 2025 | |
Malaysian Operations | |||
Public Bank - Domestic - Overseas | 260 7 | 260 3* | 260 3* |
Public Islamic Bank | 4 | 4 | 4 |
Public Mutual | 28 | 28 | 28 |
Public Investment Bank | 1 | 1 | 1 |
Lonpac Insurance | - | 22^ | 22^ |
Hong Kong & China Operations | |||
Public Finance | 40 | 40 | 40 |
Public Bank (HK) - Hong Kong - China | 30 5 | 30 5 | 29 5 |
Winton (B.V.I) Group | 3 | 3 | 3 |
Indo-China Operations | |||
Cambodia Public Bank | 32 | 32 | 32 |
Public Bank Vietnam | 40 | 40 | 40 |
Public Bank Lao | - | 4* | 4* |
450 | 472 | 471 |
Self Service Terminals
MyPB Internet / Mobile Banking PB enterprise Internet / Mobile Banking* Public Bank Lao officially commenced business operations on 1 January 2024 as a full fledge banking subsidiary, with the opening of 4 domestic branches converted from Public Bank Berhad's 4 overseas branches
^ LPI Capital Berhad's physical distribution channel includes 21 Lonpac branches across Malaysia and 1 in Singapore 18
Business Delivery Channel
Corporate Mission | To sustain the position of being the most efficient, profitable and respected premier financial institution in Malaysia | ||
Strategic Focus | To pursue synergistic growth in the retail banking business, focusing on domestic consumer banking and SME lending | ||
Key Value Driver | |||
|
| Business Pillars
|
|
Delivering sustainable returns to shareholders Increase profitability by focusing on areas of strength
Focus on synergistic growth
Preserve asset quality
Maintain cost discipline
Uphold strong corporate governance
Enhance capital strength and risk management
Maintain an appropriate balance between optimising returns to shareholders and upholding prudent capital management
Compliance with regulatory requirements
Maintenance of strong external credit ratings by domestic and international rating agencies
Sustain healthy liquidity position
Strategic Direction
Enhancing customer experience
Solidify customer loyalty and trust
Uphold service quality
Ethical banking
Enhance data security
Digital transformation
Embrace digital transformation to meet
customers' evolving needs
Developing employees
Build capabilities for the future
Nurture talents
Employee health and safety, and wellbeing
Diversity and inclusion
Increased focus on sustainability
Transition to a sustainable future
Support the transition to a climate resilient future
Financial inclusion and accessibility
Expand financial inclusion and support the community's financial needs
Community contribution
Contribute to nation building
Nurture future generations
Strengthen communities through volunteerism and charitable donations
Business Enabler
Improve IT Application Enhance Human Capital Development Uphold Service Quality Strengthen Compliance Prudent Risk Management
Notes: * PBB continues to commit to its key subsidiary by supporting PIBB in its pursuit of its corporate vision and provide on-going shared-services to PIBB
Strategic Direction
RM'mil | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | |
Operating profit | 7,283 | 8,579 | 9,203 | 8,678 | 9,183 | 9,566 | |
Profitability | Profit before tax | 7,134 | 7,367 | 8,831 | 8,539 | 8,932 | 9,543 |
Net profit | 5,512 | 5,657 | 6,119 | 6,649 | 7,147 | 7,224 | |
Earnings per share (sen) | 28.39 | 29.14 | 31.53 | 34.26 | 36.84 | 37.41 | |
Shareholder | Net assets per share (RM) | 2.25 | 2.48 | 2.59 | 2.82 | 2.97 | 3.10 |
Value | Dividend per share (sen) | 14.6 | 15.2 | 17.0 | 19.0 | 21.0 | 22.5 |
Dividend payout ratio (%) | 51.4 | 52.2 | 53.9 | 55.5 | 57.0 | 60.5 | |
Total assets | 432,831 | 462,739 | 493,263 | 510,598 | 543,310^ | 561,651 | |
Gross loan | 330,468 | 358,027 | 376,892 | 398,997 | 424,171 | 445,758 | |
Domestic loan | 307,164 | 334,646 | 352,065 | 372,697 | 397,656 | 421,024 | |
Deposit from customers | 353,340 | 380,394 | 394,719 | 412,897 | 433,264 | 447,114 | |
Key Balance Sheet Data | Domestic deposit Core customer deposit Shareholders' equity | 325,199 294,646 43,594 | 352,615 325,770 48,163 | 367,144 335,570 50,179 | 384,918 342,033 54,674 | 403,481 374,500 57,335 | 419,011 382,169 59,938 |
Common equity Tier I capitalπ | 37,406 | 43,428 | 45,648 | 48,911 | 49,552^ | 51,229 | |
Tier I capitalπ | 37,564 | 43,587 | 45,806 | 48,971 | 49,612^ | 51,284 | |
Total capitalπ | 46,571 | 52,878 | 55,256 | 58,624 | 59,394^ | 61,246 | |
Risk-weighted assets | 277,906 | 298,890 | 313,678 | 333,774 | 349,571 | 368,715 |
π After deducting dividends declared subsequent to end of year
^ Restated
Appendix
% | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Industryb | |
Net interest margin on yielding assets | 2.15 | 2.22 | 2.39 | 2.20 | 2.21 | 2.15 | N/A | |
Net return on equity+ | 13.6 | 12.4 | 12.8 | 13.0 | 13.2 | 12.8 | 10.2 | |
Profitability | Pre-tax return on average assets | 1.7 | 1.6 | 1.8 | 1.7 | 1.7 | 1.7 | 1.5 |
Ratios | Cost to income ratio | 34.4 | 31.6 | 31.5 | 33.7 | 34.5 | 34.9 | 45.2 |
Non interest income/Total income* | 22.7 | 22.0 | 18.5 | 19.6 | 21.0 | 23.1 | 37.7 | |
Gross loan to fund ratio~ | 88.9 | 90.1 | 91.4 | 92.9 | 94.3 | 95.6 | 82.3α | |
Liquidity | Gross loan to fund and equity ratio~ | 79.2 | 80.0 | 81.1 | 82.0 | 83.1^ | 84.1 | 72.0α# |
Gross impaired loans ratio | 0.49 | 0.31 | 0.42 | 0.59 | 0.52 | |||
Asset Quality | Loan loss coverage ratio | 124.1 | 360.7 | 272.0 | 181.8 | 166.2 | ||
Credit cost ratio | 0.05 | 0.34 | 0.10 | 0.04 | 0.00 | |||
Common equity Tier I capital ratioπ | 13.5 | 14.5 | 14.6 | 14.7 | 14.2^ | 13.9 | 14.2 | |
Capital | Tier I capital ratioπ | 13.5 | 14.6 | 14.6 | 14.7 | 14.2^ | 13.9 | 14.7 |
Adequacy | Total capital ratioπ | 16.8 | 17.7 | 17.6 | 17.6 | 17.0^ | 16.6 | 17.8 |
Domestic market share | ||||||||
Commercial property financing | 35.0 | 34.2 | 33.4 | 32.6 | 32.0 | 32.4 | N/A | |
Residential property financing | 19.9 | 20.5 | 20.6 | 20.4 | 20.2 | 20.1 | N/A | |
Market Share | Passenger vehicle financing | 29.4 | 29.9 | 30.2 | 30.5 | 31.8 | 32.8 | N/A |
Domestic loans | 17.3 | 17.4 | 17.4 | 17.5 | 17.7 | 17.8 | N/A | |
Domestic deposits | 16.5 | 16.2 | 16.3 | 16.3 | 16.5 | 16.4 | N/A | |
Retail private unit trustδ | 51.1 | 46.0 | 45.1 | 46.3 | 44.8 | 43.6 | N/A |
0.51 | 1.37 |
149.9 | 84.8 |
0.02 | 0.18ˇ |
+ Based on average equity adjusted with proposed dividend, if any
~ Gross loans exclude loans/financing sold to Cagamas. Funds include deposits from customers, structured deposits and debt securities issued and other borrowed funds
α Loans exclude loans extended to banking institutions
# Equity comprises ordinary and preferred shares and retained earnings
π After deducting dividends declared subsequent to end of year
b Based on latest available industry statistics
ˇ Average of the top 8 local banks as at Sep'25
* Include non-financing income from Islamic banking business
δ Excluding money market funds
Appendix
Investor Relations Contact Ms. Chang Siew Yen
Deputy Chief Executive Officer
+(603) 2176 7461
changsiewyen@publicbank.com.my
Ms. Yik Sook LingChief Financial Officer
+(603) 2176 6186
yiksookling@publicbank.com.my
Mr. Chong Soo LoongGeneral Manager, Corporate Planning, Economics & Sustainability Management
+(603) 2177 3152
chongsooloong@publicbank.com.my
Head Office Menara Public Bank 146, Jalan Ampang50450 Kuala Lumpur
Website: https://www.publicbankgroup.com
Disclaimer. The materials and information in the presentations and other documents are a summary only, do not purport to contain all of the material information regarding Public Bank and are qualified in their entirety by reference to our public disclosure. You may not rely on these materials as providing a complete or comprehensive analysis of Public Bank. Certain statements in this presentation constitute forward-looking statements. These forward-looking statements are based on management's current views concerning future events, and necessarily involve risks, uncertainties and assumptions. Actual future performance could differ materially from these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Public Bank does not assume any liability for any loss that may result from the reliance by any person upon any such information or opinions.
This presentation and the information it contains are for informational purposes only, and are not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice in any jurisdiction whatsoever. Nothing contained herein shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever, nor does it constitute a recommendation regarding any of Public Bank's securities or financial instruments. Public Bank's securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act") or under any U.S. state securities laws and, subject to certain exceptions, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
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