MBSB 3Q Net Profit Eases To RM95.64 Mln 

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.

In a filing with Bursa Malaysia today, the country’s second-largest standalone Islamic banking group stated that its revenue for the quarter eased to RM817.73 million from RM947.50 million previously.

Its group chief executive officer, Rafe Haneef, said MBSB’s third-quarter performance reflects disciplined execution and the resilience of the group’s diversified business model.

“The group will continue to strengthen its non-funded income streams and deepen its presence in corporate and investment banking, while maintaining a prudent approach to risk and capital.

“The continued growth in current account savings account (CASA) and the stability of our capital ratios position us well to deliver sustainable performance and long-term value for our shareholders,” he said.

The group’s net profit increased to RM275.88 million for the nine months ended Sept 30, 2025, from RM255.26 million a year earlier due to a lower impairment charge by RM77.3 million, particularly from the corporate portfolio.

This was, however, offset by lower net income and slightly higher operating expenses.

Meanwhile, revenue decreased to RM2.62 billion from RM2.80 billion previously.

On prospect, the group remains cautiously optimistic in executing its three-year transformation roadmap, FLIGHT26.

“The group continues to strengthen operational efficiency through cost of funds optimisation, while expanding financing growth and non-funded income streams via digital innovation and small and medium enterprises solutions,” it added.

-- BERNAMA