AmBank CEO Jamie Ling
PETALING JAYA: AMMB Holdings Bhd
(AmBank) has closed its first financial year since the rollout of its Winning Together (WT29) strategy, marked by growth in both interest and fee income.
The financial group posted a net profit of RM513.93mil for the final quarter ended March 31, 2025 (4Q25), up from RM476.54mil in the year-ago quarter.
Revenue rose to RM1.28bil from RM1.17bil in 4Q24, while earnings per share climbed to 15.55 sen from 14.41 sen previously.
The final-quarter result brought the full-year net profit to RM2bil and revenue to RM4.93bil, compared with RM1.87bil and RM4.65bil in financial year 2024 (FY24).
The group declared a final dividend of 19.9 sen per share for shareholders on the Record of Depositors as of June 19, 2025, payable on July 8, 2025.
This brought AmBank’s total dividend payout for FY25 to 30.2 sen per share, up from 22.6 sen in FY24.
Commenting on the group’s improved performance, AmBank CEO Jamie Ling said its capital position remained solid, with total cash dividend rising to RM1bil.
“This reflects our confidence as we continue to build our businesses from a position of strength,” he said in a statement.
In the year under review, AmBank reported a net interest income (NII) of RM3.57bil, marking an 8% year-on-year (y-o-y) increase.
This was mainly owing to a 15-basis-point (bps) expansion in net interest margin to 1.94% as well as loans and financing growth of 3.5% y-o-y.
Non-interest income grew 1.3% y-o-y to RM1.36bil due to higher fee income, which was partially offset by lower trading gains from group treasury and markets.
The group’s overall expenses in FY25 rose 7.1% y-o-y to RM2.2bil due to higher personnel and computerisation costs.
The cost-to-income ratio stood at 44.6%, up from RM44.2% in FY24.
On the balance sheet, total loans, advances and financing grew 3.5% y-o-y to RM138.9bil, while total customer deposits fell 0.6% y-o-y to RM141.5bil.
Time deposits grew 1% y-o-y to RM90.5bil, while current account savings account (Casa) balances decreased 3.3% y-o-y to RM51bil, resulting in a lower Casa mix of 36%.
