KUALA LUMPUR: RHB Bank
Bhd posted its highest-ever quarterly net profit in the third quarter of 2025, on the back of higher income and lower expected credit losses (ECL).
In 3QFY25, the group reported a net profit of RM904.01mil, up from RM833.19mil in the year-ago quarter. Earnings per share rose to 20.73 sen from 19.11 sen previously.
Quarterly revenue came in at RM4.52bil, slightly higher than RM4.51bil in the previous corresponding quarter.
“This milestone quarter underscores the group’s resilience and ability to deliver sustainable performance despite a challenging operating environment. We continue to see steady momentum across our core segments, supported by strong liquidity, prudent credit management and disciplined cost control," said group managing director and group CEO Datuk Mohd Rashid Mohamad in a statement.
Over the nine-month period, RHB said net profit was RM2.46bil, up from RM2.29bil, while revenue rose to RM13.41bil from RM13.33bil in 9MFY24.
According to the group, net fund-based income grew 3.8% y-o-y to RM4.5bil on the back of 7.9% y-o-y gross loans growth. Net interest margin with liability management stood at 1.87%.
Non-fund based income declined 5.6% y-o-y to RM2bil, on lower net gain on forex and derivatives, and brokerage income.
RHB reported that ECL more than halved y-o-y to RM202.5mil from RM461.6mil previously due to the absence of higher ECL from international business recorded last year and higher net writeback for securities.
Annualised gross loans grew 4.3% to RM245bil and annualised customer deposits grew 2.2% to RM254bil.
Current account savings account (Casa) expanded 11.5% to RM75bil for an improved Casa ratio of 29.5% as compared to 27.6% in December 2024.
