thestar.com.my
Positivewww.thestar.com.my ·
Affin Bank Records Higher 1q Net Profit of Rm1355mil
OilChief Executive OfficerExecutiveNegotiations
Topic context
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AI insight
AI-generatedAffin Bank's Q1 results show improved profitability and operational efficiency, driven by higher net interest and fee income. This is a single-company earnings report with no broader sector or macro impact. The commercial mechanism is limited to the bank's own margin expansion and revenue growth.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- Affin Bank Bhd reported net profit of RM135.5 million for Q1 FY26, up from RM124.09 million year-on-year.
- Net income rose to RM654.44 million, driven by 32.7% increase in net fee and commission income and 13.3% increase in net interest income.
- Total loans and financing grew 12.6% year-on-year to RM82.1 billion.
- Customer deposits increased 3.5% to RM78.1 billion.
- Cost-to-income ratio improved to 62.8% from 69.7%.
