Hong Leong Bank ends FY26 with RM4.27bil net profit, declares 80c div/share
Hong Leong Bank reported a resilient financial performance for the 2026 fiscal year, with net profit rising to RM4.53 billion. The growth was supported by strong loan expansion and strategic cost management, despite some moderation due to international market factors.
Why it matters
The bank's performance serves as a key indicator for the health of the Malaysian banking sector and regional economic stability.
KUALA LUMPUR: Hong Leong Bank Bhd wrapped its 2026 financial year (FY26) with a resilient financial performance, driven by sustained topline growth, strategic cost management and solid asset quality.
The bank said net profit in FY26 rose to RM4.53bil from RM4.27bil in the previous year as revenue rose to RM6.69bil from RM6.4bil previously.
Operating profit during the year was 6.6% higher y-o-y to RM4.18bil while pre-tax profit rose 2.2% to RM5.48bil.
The moderation in growth rate was owing to lower profit contribution from associated company, Bank of Chengdu Co, Ltd (BOCD) following the natural dilution of the bank’s stake in BOCD with the completion of its convertible bonds’ conversion, alongside FX translation impact from a stronger ringgit.
For the fourth-quarter (4Q), Hong Leong Bank's net profit was RM1.24bil as compared to RM1.09bil in the preceding-year quarter, while revenue climbed to RM1.76bil from RM1.62bil in the comparative quarter.
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