Kuala lumpur: AMMB Holdings Bhd (AmBank Group) posted a higher net profit of RM529.58 million in the third quarter of the financial year ending March 31, 2026 (3Q FY2026) compared with RM486.49 million in the same period last year.

According to BERNAMA News Agency, the banking group stated in a Bursa Malaysia filing that the improved performance was driven by higher income and a higher net impairment writeback recorded in its wholesale banking division. This improvement was supported by a year-on-year growth of 5.5 per cent in net financing income and 25.6 per cent in non-financing income in its Islamic banking division. Additionally, higher investment income and higher net earned insurance premiums contributed to the positive results, although they were partially offset by higher claims in the insurance division.

The company reported an increase in revenue to RM1.28 billion from RM1.24 billion previously. For the first nine months ended December 31, 2025, AmBank Group’s net profit rose to RM1.58 billion from RM1.49 billion, while revenue increased to RM3.86 billion from RM3.65 billion.

AmBank Group chief executive officer Jamie Ling stated that the group achieved good income and profit growth for the first nine months of its financial year, with an annualised return on equity of 10.1 per cent and return on assets of 1.06 per cent. Ling highlighted the group’s strong capital position and ample liquidity, expressing confidence in delivering another consistent quarter to close out the FY2026 financial year strongly.

Looking ahead, Ling noted that despite periods of external volatilities driven by geopolitical uncertainties globally, the domestic economy has remained resilient and expanding. The group continues to manage its risk profiles actively, evaluating both upside potential and downside risk, and making necessary adjustments to its growth plans. Progress is being made towards achieving the financial goals set out in the second year of the group’s Winning Together (WT29) strategy.