The Star·3 min read·medium

Maybank's 2Q net profit rises to RM2.69bil, declares 31c div/share

T
The Star
Maybank's 2Q net profit rises to RM2.69bil, declares 31c div/share
AI Summary

Malayan Banking Bhd (Maybank) reported a slight year-on-year increase in second-quarter net profit to RM2.69 billion, supported by improved cost management and lower impairment provisions. The bank also declared a 31 sen per share dividend despite a dip in quarterly revenue.

Why it matters

As a major financial institution in Southeast Asia, Maybank's performance serves as a key indicator for the regional banking sector's health and economic stability.

Dive DeeperCreate a free account to unlock

KUALA LUMPUR: Malayan Banking Bhd 's (Maybank) net profit in the second quarter ended June 30, 2026, was up slightly year-on-year (y-o-y) to RM2.69bil as compared to RM2.63bil in the previous corresponding quarter amid improved cost discipline and lower net impairment provisions.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%

The article presents financial data and corporate statements in a factual, objective manner without editorializing.

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in