KUALA LUMPUR: Malayan Banking Bhd (Maybank) delivered a resilient first-quarter performance for the period ended March 31, 2026, posting a net profit of RM2.48 billion despite softer trading income amid volatile market conditions.

While net profit eased 4.2 per cent from RM2.58 billion a year earlier, the country’s largest bank by

said earnings remained supported by stronger net interest margins, prudent cost management and stable asset quality.

In a Bursa Malaysia filing, Maybank reported revenue of RM14.92 billion for the quarter compared with RM16.87 billion a year earlier, mainly reflecting weaker trading and markets-related income.

Non-interest income declined to RM1.99 billion, while net operating income fell to RM7.10 billion from RM7.71 billion previously.

However, Maybank recorded an improvement in net interest margin to 2.14 per cent from 2.04 per cent a year earlier, representing a 10 basis-point year-on-year increase, supported by a lower funding cost mix and a higher current account and savings account (CASA) ratio of 41.1 per cent across its home markets.

Maybank said it aims to build scalable businesses across Islamic finance, regional wealth management, transactions and payments, as well as regional corporate and investment banking.

It will also prioritise strengthening foundational capabilities through sustained investments in technology, data and artificial intelligence, developing a future‑ready workforce, and driving productivity and capital optimisation.

President and group chief executive officer Datuk Seri Khairussaleh Ramli said the group’s first-quarter performance underscored the strength and resilience of its diversified franchise, as well as disciplined execution amid volatile market conditions.

He said the bank continued to post stable earnings during the quarter, supported by improved net interest margins, prudent cost management and generally stable asset quality.

“We also saw continued progress across several key businesses, particularly wealth management, investment banking and flow business, reflecting the strength of the group’s customer franchise.

“Our balance sheet fundamentals remain sound with strong capital and liquidity buffers, as well as continued CASA strength across our home markets, enabling us to continue supporting individuals, small and medium enterprises and large corporates,” he said.

No interim dividend was declared for the quarter.