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Malayan Banking Berhad Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St·03/28/2025 22:56:56
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Malayan Banking Berhad (KLSE:MAYBANK) Full Year 2024 Results

Key Financial Results

  • Revenue: RM27.9b (up 8.7% from FY 2023).
  • Net income: RM10.1b (up 7.9% from FY 2023).
  • Profit margin: 36% (in line with FY 2023).
  • EPS: RM0.84 (up from RM0.78 in FY 2023).

MAYBANK Banking Performance Indicators

  • Net interest margin (NIM): 2.00% (down from 2.10% in FY 2023).
  • Cost-to-income ratio: 48.9% (no change from 48.9% in FY 2023).
  • Non-performing loans: 1.23% (down from 1.34% in FY 2023).
revenue-and-expenses-breakdown
KLSE:MAYBANK Revenue and Expenses Breakdown March 28th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Malayan Banking Berhad Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Malaysia segment contributing a total revenue of RM27.7b (99% of total revenue). The largest operating expense was General & Administrative costs, amounting to RM13.5b (76% of total expenses). Explore how MAYBANK's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Malaysia.

Performance of the Malaysian Banks industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Malayan Banking Berhad that you need to take into consideration.