Kuala lumpur: AMMB Holdings Bhd has reported an increase in its net profit to RM534.58 million for the second quarter of the financial year 2026 (2Q FY2026), up from RM500.57 million in the previous year.

According to BERNAMA News Agency, the company’s revenue rose to RM1.29 billion, compared to RM1.23 billion a year earlier. In a recent filing with Bursa Malaysia, AMMB Holdings stated that its net profit for the first half of FY2026 (1H FY2026) reached RM1.05 billion, an increase from RM1 billion in 1H FY2025.

The group’s net income saw a year-on-year rise of 7.3 per cent to RM2.58 billion, up from RM2.41 billion. This growth was attributed to improvements in both net interest income (NII) and non-interest income (NOII). The NII specifically grew by 5.0 per cent year-on-year to RM1.85 billion, driven by a 1.99 per cent year-on-year net interest margin expansion.

AMMB Holdings expressed optimism about its future prospects, supported by the pragmatic implementation of Budget 2026. The budget reflects the Malaysian government’s efforts to bolster the country’s fiscal and economic position while enhancing the quality of life for its citizens. The company noted that Malaysia’s economic growth expanded by 5.2 per cent year-on-year in the third quarter of 2025, up from 4.4 per cent in the second quarter, resulting in a growth rate of 4.7 per cent for the first nine months.

The growth was fueled by factors such as increased exports, resilient household spending, a healthy labour market, and a rise in tourist arrivals. In response to this stronger-than-expected performance, AMMB Holdings has adjusted its 2025 gross domestic product growth forecast upward to 4.5 per cent, following a 5.1 per cent expansion in 2024.

Furthermore, the group declared a higher interim dividend of 12.5 sen per ordinary share for the financial year ending March 31, 2026, marking a 21.4 per cent year-on-year increase.