Maybank 2Q net interest income 3.17B ringgit

Maybank 2Q net interest income 3.17B ringgit

Malayan Banking (Maybank) is scheduled to report its second-quarter (2Q) results on Tuesday. According to a consensus estimate from seven analysts polled by Visible Alpha, the bank is expected to record a net profit of 2.51 billion ringgit, equivalent to $594.2 million. This represents a 0.8% decline from the same period last year and a 3.1% decrease compared to the first quarter of 2025 [1].

Analysts have highlighted several key factors to watch during the earnings release. One significant aspect is Maybank's net interest income, which is anticipated to reach 3.17 billion ringgit. This figure is influenced by the Bank Negara Malaysia's reduction of banks' statutory reserve requirement ratio by 1 percentage point. Additionally, the central bank's 25-basis-point policy rate cut in July poses a risk to Maybank's forecasted net interest margin of around 2.04% for 2025 [1].

Another crucial factor is loan growth. AmInvestment Bank's Kelvin Ong expects loan growth to remain sluggish in the second quarter, given the ongoing tariff pauses and trade uncertainties. Ong noted that loan growth for the first quarter slowed to 3.2% on the year from 5.3% in the final quarter of 2024. Management has flagged risks to its 5%-6% loan-growth target for 2025 due to macroeconomic uncertainties [1].

Maybank's shares have experienced a rebound since the end of July, climbing about 5% following President Trump's announcement of a 19% reciprocal tariff on Malaysia. The stock had weakened earlier amid tariff uncertainties, foreign outflows, and cautious sentiment over Malaysia's growth [1].

References:
[1] https://www.marketwatch.com/story/maybank-s-second-quarter-profit-likely-edged-lower-earnings-preview-eb1c7f73