Kuala lumpur: Hong Leong Bank Bhd reported a net profit of RM1.03 billion for the third quarter ended March 31, 2026, an increase from RM946.70 million in the same period in 2025. The bank's revenue slightly increased to RM1.58 billion from RM1.55 billion earlier, as per its filing with Bursa Malaysia.
According to BERNAMA News Agency, for the nine-month period ending in 2026, Hong Leong Bank's net profit rose to RM3.29 billion compared to RM3.18 billion the previous year. Revenue for the same period increased to RM4.93 billion from RM4.78 billion. Group managing director and chief executive officer Kevin Lam highlighted the bank's resilience amidst geopolitical uncertainties, attributing higher profits to top-line growth, strategic cost management, and healthy asset quality.
Lam noted a year-on-year growth in gross loans and financing by 8.4 percent, driven by key segments such as mortgage, auto loans, SME, commercial banking, and overseas markets. The bank remains committed to supporting customers through challenging times while maintaining a gross impaired loans ratio of 0.6 percent. The loan impairment coverage ratio was reported at 81.1 percent as of March 31, 2026.
The capital position of Hong Leong Bank remained strong, with CET 1, Tier 1, and Total Capital ratios at 12.4 percent, 13.3 percent, and 15.4 percent, respectively. Customer deposits grew by 8.3 percent year-on-year to RM243.5 billion, while the current account and savings account (CASA) increased by 14.1 percent, contributing to a CASA mix of 32 percent. The loans to deposits ratio stood at 88.0 percent, and the liquidity coverage ratio was at 129.0 percent, surpassing regulatory requirements.
Looking ahead, Lam emphasized the bank's focus on strengthening core operations, strategic alliances, and enhancing AI and digital capabilities amidst a dynamic macroeconomic landscape. He reaffirmed the bank's commitment to embedding environmental, social, and governance principles into its business strategies.
Meanwhile, Hong Leong Capital Bhd recorded a net profit of RM10.07 million and revenue of RM76.81 million in the third quarter of 2026. Chairman Tan Kong Khoon outlined plans to advance digital capabilities and AI adoption, with the AI Centre of Excellence leading initiatives to improve risk management and control functions, thereby optimizing efficiency and empowering the workforce.