KUALA LUMPUR: AMMB Holdings Bhd
(AmBank) closed out its 2026 financial year with a strong fourth quarter ended March 31, 2026, underpinned by growth in both net interest income (NII) and non-interest income (NOII).
The bank said quarterly net profit rose to RM520.5mil from RM513.93mil in the year-ago quarter, on the back of revenue of RM1.3bil against revenue of RM1.28bil in the previous corresponding quarter.
For the full financial year, AmBank's net profit climbed to RM2.1bil from RM2bil in the previous year, while revenue grew to RM5.16bil from RM4.93bil previously.
The board of directors declared a final dividend of 22.5 sen per share for 4QFY26, which brought the annual payout for FY26 to 35 sen per share.
AmBank group CEO Jamie Ling said the country's economic indicators remain strong in the first quarter of 2026 although the resolution of the Middle East conflict was uncertain with a prolonged conflict scenario posing risk to global economic growth due to higher energy and commodity prices as well as supply chain disruptions.
"We are prepared for more challenging operating conditions ahead. However, we start from a position of strength and remain responsive to support our customers," he said in his outlook accompanying the results annoucement.
In its review of the financial year, AmBank said NII rose 4.5% year-on-year (y-o-y) to RM3.73bil in FY26 from RM3.57bil in FY25 amid strong loan growth and NIM increasing four basis points to 1.98%.
NOII grew 5.1% y-o-y to RM1.43bil against RM1.36bil in the previous year, driven by higher securities trading gains from group treasury and markets (GTM) and a resilient performance in group wealth management (GWM), partially offset by lower fee income from investment banking and business banking.
The group said overall expenses grew 4.8% y-o-y to RM2.3bil, mainly due to higher personnel costs. However, cost optimisation efforts helped to maintain cost-to-income ratio at 44.7%.
On balance sheet, the group's total gross loans, advances and financing increased 5.6% y-o-y to RM146.7bil, driven by strong growth from wholesale banking and business banking, while retail banking loans remained largely unchanged.
Total customer deposits grew 3.9% y-o-y to RM147bil, supported by a 4.8% y-o-y growth in time deposits to RM94.9bil, and 2.1% y-o-y growth in current account savings account (Casa) to RM52.1bil.
