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www.publicbankgroup.com Investor Presentation June 2026 Financial Results
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Gross loan to fund and equity ratio 83.9% Dec-25: 84.1% 4.65 4.71 1H 2025 1H 2026 2.32 2.39 Q1 2026 Q2 2026 Profit before tax (RM’bil) NIM 2.09% Dec-25: 2.15% 3.51 3.58 1H 2025 1H 2026 1.75 1.82 Q1 2026 Q2 2026 ↑ 4.2%↑2.0% ▪ 1H2026 profit was mainly contributed by strong growth in non-interest income ▪ Loans and deposits increased by annualised rates of 5.9% and 4.7% respectively ▪ Commendable net return on equity of 12.2% ▪ Credit cost stood at 0.07% ▪ Stable gross impaired loans ratio of 0.5% ▪ Solid capital and ample liquidity positions ↑3.4% Net profit (RM’bil) Net profit rose 2.0% y-o-y and 4.2% q-o-q with ROE of 12.2% 1H 2026 Financial Highlights 445.8 458.9 Dec-25 Jun-26 Gross loans (RM’bil) ↑5.9%* Of which:Of which: Net ROE 12.2% Dec-25: 12.8% Cost-to-income ratio 35.1% Dec-25: 34.9% Gross impaired loans ratio 0.54% Dec-25: 0.51% Credit cost ratio 0.07% Dec-25: 0.02% Loan loss coverage ratio 138.9% Dec-25: 149.9% Total capital ratio π 16.5% Dec-25: 16.6% ↑1.3% 2 * Annualised growth π After deducting interim dividends declared subsequent to end of period / year 421.0 434.1 Dec-25 Jun-26 Domestic operations ↑6.2%* 419.0 428.9 Dec-25 Jun-26 Domestic operations ↑4.7%* 447.1 457.6 Dec-25 Jun-26 Customer deposits (RM’bil) ↑4.7%*
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3 First interim dividend of 10.5 sen per share with total payout of RM2.04 billion Dividend Payout 1,553 1,747 1,941 2,038 2,038 1,747 1,941 2,135 2,329 - 2022 2023 2024 2025 1H 2026 Dividend Payout 2H 1H Gross dividend per share --------------- 17.0 sen 19.0 sen 21.0 sen 22.5 sen 10.5 sen Dividend payout ratio ------------------- 53.9% 55.5% 57.0% 60.5% (RM’mil) 1H 2022 1H 2023 1H 2024 1H 2025 1H 2026 Gross dividend per share 8.0 sen 9.0 sen 10.0 sen 10.5 sen 10.5 sen Dividends Paid / Declared (RM’mil)
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4 Profitability Income Statement (RM’mil) 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Net interest / financing income* 5,646.2 5,672.7 0.5% 2,823.9 2,848.8 0.9% Non-interest / non-financing income* 1,606.0 1,802.3 12.2% 825.9 976.4 18.2% Net income 7,252.2 7,475.0 3.1% 3,649.8 3,825.2 4.8% Other operating expenses (2,559.0) (2,620.9) 2.4% (1,295.1) (1,325.8) 2.4% Operating profit 4,693.2 4,854.1 3.4% 2,354.7 2,499.4 6.1% Loan loss allowance (73.1) (167.3) >100% (52.1) (115.2) >100% Other allowance (3.8) (9.2) >100% (3.9) (5.3) 33.3% Share of profit after tax of equity accounted associated companies 29.9 30.8 2.8% 16.6 14.2 -14.4% Profit before tax 4,646.2 4,708.4 1.3% 2,315.3 2,393.1 3.4% Net profit attrib. to shareholders 3,505.5 3,576.3 2.0% 1,751.8 1,824.6 4.2% Earnings per share (sen) 18.15 18.50 1.9% 9.07 9.43 4.0% Operating profit increased by 3.4%, underpinned by strong non- interest income growth * Include Islamic banking business
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5 Net Interest Income & Margin 2,715 2,842 2,849 2.21 2.19 2.24 2.21 2.19 2.18 2.10 2.12 2.11 2.08 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Net Interest and Finance Income (RM'mil) Net Interest Margin (%) 2024 2025 1H 2026 Year Average NIM 2.21% 2.15% 2.09% Intense competition continued to weigh on net interest margin
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(RM’mil) Composition 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Net fee and commission 1,068.6 1,190.5 11.4% 542.1 648.4 19.6% Of which: - Unit trust income 595.9 766.4 28.6% 331.5 434.9 31.1% - Fee & commission income 384.6 351.7 -8.5% 173.6 178.1 2.6% - Stockbroking income 88.1 72.4 -17.9% 37.0 35.4 -4.3% Net gains and losses on financial instruments 107.4 83.4 -22.3% 22.5 60.9 >100.0% Other operating income 228.1 308.9 35.4% 147.6 161.3 9.3% Of which: - Foreign exchange income 190.3 221.8 16.6% 98.5 123.3 25.2% - Others 37.8 87.1 >100.0% 49.1 38.0 -22.6% Income from general insurance business 146.1 154.0 5.4% 80.9 73.1 -9.5% Non-interest income 1,550.2 1,736.8 12.0% 793.1 943.7 19.0% Islamic non-financing income 55.8 65.5 17.3% 32.8 32.7 -0.7% Total non-interest / non-financing income 100% 1,606.0 1,802.3 12.2% 825.9 976.4 18.2% Total non-interest income/Total income* 22.1% 24.1% 22.6% 25.5% Non- Interest Income 42% 19% 12% 5% 4% 5% 9% * These ratios include non-financing income from Islamic banking business 6 Strong growth in non-interest income, with non-interest income ratio improving to 24.1% 4%
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Profit before tax by Operating Segments (RM’mil) Composition 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Retail operations 2,209.5 2,200.3 -0.4% 1,049.6 1,150.8 9.6% Fund management 403.4 470.5 16.6% 216.5 254.0 17.3% Hire purchase 389.2 320.6 -17.6% 196.5 124.1 -36.9% Corporate lending 400.4 343.2 -14.3% 177.4 165.8 -6.5% Treasury operations 137.8 172.3 25.1% 71.3 101.0 41.7% General insurance 197.6 181.3 -8.3% 92.9 88.4 -4.9% Investment banking 30.1 39.0 29.3% 16.0 22.9 43.1% Others 673.5 795.5 18.1% 392.8 402.8 2.6% Overseas operations 204.7 185.7 -9.3% 102.3 83.3 -18.6% Profit before tax 100% 4,646.2 4,708.4 1.3% 2,315.3 2,393.1 3.4% 7 Segmental Profit 4% 7% 1% 47% 7% 4% 16% 4% Group’s profit was supported by stable broad- based earnings across key business segments 10%
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8 Retail Operations Retail Operations (RM’mil) 1H 2025 1H 2026 y-o-y Net interest income 3,124.9 3,045.9 -2.5% Non-interest income 410.1 513.7 25.3% Net income 3,535.0 3,559.6 0.7% Other operating expenses (1,304.0) (1,287.1) -1.3% Allowance for impairment on loans and other assets (21.5) (72.2) >100% Profit before tax 2,209.5 2,200.3 -0.4% 276.1 293.8 302.6320.2 327.2 328.0 2024 2025 Jun-26 Loans & Deposit-taking (RM’bil) Gross Loan Deposit 964.4 892.2 934.4 0.35% 0.30% 0.31% 2024 2025 Jun-26 Gross Impaired Loans (RM’mil) Gross Impaired Loans Gross Impaired Loans Ratio Profit impacted by lower net interest income and higher loan loss allowances
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9 Hire Purchase and Corporate Lending Hire Purchase (RM’mil) 1H 2025 1H 2026 y-o-y Net interest income 592.4 597.0 0.8% Non-interest income 0.2 0.7 >100% Net income 592.6 597.7 0.9% Other operating expenses (169.5) (187.6) 10.7% Allowance for impairment on loans and other assets (33.9) (89.5) >100% Profit before tax 389.2 320.6 -17.6% 162.5 190.5 229.4 0.22% 0.24% 0.28% 100.0 150.0 200.0 250.0 2024 2025 Jun-26 Gross Impaired Loans (RM’mil) Corporate Lending (RM’mil) 1H 2025 1H 2026 y-o-y Net interest income 286.3 271.3 -5.2% Non-interest income 34.1 13.6 -60.2% Net income 320.4 284.9 -11.1% Other operating expenses (12.6) (12.6) 0.4% Writeback of allowance for impairment on loans and other assets 92.6 70.9 -23.4% Profit before tax 400.4 343.2 -14.3% GIL ratio 400.9 438.2 460.6 0.84% 0.95% 0.97% -1.00% -0.50% 0.00% 0.50% 1.00% 2024 2025 Jun-26 Gross Impaired Loans (RM’mil) GIL ratio Hire Purchase PBT impacted by higher loan impairment allowance and other operating expenses; 73.0 80.5 83.1 2024 2025 Jun-26 Gross Loans (RM’bil) 47.8 46.0 47.6 2024 2025 Jun-26 Gross Loans (RM’bil) Corporate Lending PBT impacted by lower topline income and lower net writeback of loan impairment allowance
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79.7 80.5 91.6 22.3 25.8 27.5 2024 2025 Jun-26 Net Asset Value of Funds Under Management (RM’bil) NAV - Other Funds NAV - Equity Funds 428.3 403.4 470.5 1H 2024 1H 2025 1H 2026 Profit Before Tax (RM’mil) Retail Market Share: 44.6%* 10 Wealth Management Of which: Unit Trust Business Public Mutual’s PBT recorded a strong growth of 16.6% y-o-y; Bancassurance business remained on positive growth trajectory, up 28.2% y-o-y Public Mutual Berhad 102.0 106.3 119.1 ^ Of which: Bancassurance Business ^ * Excluding money market funds 240.4 303.0 388.4 293.3 313.7 2024 2025 2026 Annualised New Premium (RM’mil) 2H 1H 533.7 616.7 ↑16.6%
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(RM’mil) Composition 1H 2025 1H 2026 y-o-y Q1 2026 Q2 2026 q-o-q Personnel costs 1,862.5 1,925.4 3.4% 952.2 973.2 2.2% Establishment costs 427.1 454.6 6.4% 223.3 231.3 3.6% Marketing expenses 65.9 83.9 27.4% 39.8 44.1 10.9% Administration and general expenses 203.5 157.0 -22.9% 79.8 77.2 -3.3% Total other operating expenses 100% 2,559.0 2,620.9 2.4% 1,295.1 1,325.8 2.4% 2,118 2,192 2,398 2,559 2,621 33.5% 33.7% 35.3% 35.3% 35.1% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 1H 2022 1H 2023 1H 2024 1H 2025 1H 2026 Total Other Operating Expenses (RM'mil) Cost-to-income ratio 11 Stable cost base supported by disciplined cost management Other Operating Expenses Industry: 46.4% 3% 6% 17% 74%
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12 Loan expansion exceeded industry growth, with notable strength in SME financing Loan Growth 424.2 445.8 458.9 397.7 421.0 434.1 17.7% 17.8% 17.9% 2024 2025 Jun-26 Loans – Outstanding Balance and Market Share Group Loan (RM'bil) Domestic Loan (RM'bil) Domestic Loan Market Share 170.4 180.3 184.2 20.2% 20.1% 20.1% 2024 2025 Jun-26 Residential properties Domestic Loan (RM'bil) Market Share ↑4.3%* 86.9 93.7 98.7 32.0% 32.4% 32.7% 2024 2025 Jun-26 ↑10.8%* Commercial properties 73.0 80.5 83.1 31.8% 32.8% 33.2% 2024 2025 Jun-26 ↑6.5%* Hire purchase Of which, financing to Domestic SMEs Gross Loan in Domestic Operations Group Loan Growth 6.3% 5.1% 5.9%* Domestic Loan Growth 6.7% 5.9% 6.2%* Domestic Industry Average 5.5% 4.8% 5.5%* Industry: 4.8%* Industry: 8.5%* * Annualised growth Retail Operations, 66%Hire Purchase, 18% Corporate Lending, 10% Overseas Operations, 5% Others, <1% Loans – By Segment 72.0 79.6 84.4 18.0% 18.8% 19.6% 2024 2025 Jun-26 ↑12.1%* Jun-26 RM458.9 bil Industry: 4.1%* Industry: 3.0%*
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63.4 39.0 52.1 34.1 10.8 2024 2025 2026 Q1 Q2 Q3 Q4 1,605 2,225 2,285 2,481 0.5% 0.5% 0.5% 0.5% 0.4% 0.4% 0.4% 0.4% 2019 2024 2025 Jun-26 Group Gross Impaired Loans Gross Impaired Loans (RM'mil) Group Gross Impaired Loans Ratio (%) Domestic Impaired Loans Ratio (%) Domestic Operations 270 663 665 6650.4% 0.9% 0.8% 0.8% 2019 2024 2025 Jun-26 0.0001% 0.02% 0.07% 166.2% 149.9% 138.9% 237.7% 248.7% 241.3 617 563 544 594 0.5% 0.3% 0.3% 0.3% 2019 2024 2025 Jun-26 13 Asset Quality Residential properties 225 591 606 614 0.3% 0.7% 0.6% 0.6% 2019 2024 2025 Jun-26 Commercial properties 234 162 191 229 0.5% 0.2% 0.2% 0.3% 2019 2024 2025 Jun-26 Transport vehicles Of which: % Ageing Profile of Past Due Loan / Financing Pre-pandemic At present 2018 2019 2025 Jun-26 1 mth to <2 mths 2.6% 2.2% 1.3% 1.0% 2 mths to <3 mths 1.0% 1.0% 0.2% 0.2% >3 mths 0.4% 0.4% 0.4% 0.4% Total >1 mth 4.0% 3.6% 1.8% 1.6% Loan loss coverage (include regulatory reserve) Loan loss coverage Industry: 81.3% Ageing analysis of total domestic loans Pre-pandemic: Industry: 1.51% Broadly stable asset quality with domestic IL ratio of 0.4%; Loan loss coverage ratio at 138.9% reflecting healthy provision coverage SME Industry: 1.43% Industry: 1.15% Industry: 1.42% Industry: 0.65% Industry: 3.58% Loan impairment allowances (RM’mil) -1.3 -20.5 -41.1 -17.1 Credit cost ratio 115.2
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88.8 120.3 125.3 127.8 25.1% 27.8% 28.0% 27.9% 2019 2024 2025 Jun-26 Demand Deposit Savings DepositFixed Deposit 233.2 237.9 240.7 18.8% 18.7% 18.7% 2024 2025 Jun-26 Domestic Deposit Market Share Industry: -0.6%^ 67.5 71.8 73.7 12.2% 11.8% 11.8% 2024 2025 Jun-26 44.0 44.4 45.3 18.4% 18.4% 18.2% 2024 2025 Jun-26 14 Deposit Growth Total Deposit in Domestic Operations ↑5.1%* Industry: 5.6%* ↑4.2%* Industry: 6.4%* 433.3 447.1 457.6 403.5 419.0 428.9 16.5% 16.4% 16.3% 2024 2025 Jun-26 Deposit – Outstanding Balance and Market Share Group Deposit (RM'bil) Domestic Deposit (RM'bil) Domestic Deposit Market Share Group Deposit Growth 4.9% 3.2% 4.7%* Domestic Deposit Growth 4.8% 3.8% 4.7%* Domestic Industry Average~ 3.3% 4.5% 5.8%* Fixed Deposit, 57% Savings Deposit, 11% Demand Deposit, 17% Money Market Deposit and Others, 15% Deposit – By Type Jun-26 RM457.6 bil Group CASA ratio Pre-pandemic: Continuous deposit growth led mainly by core deposits and money market deposits Money Market Deposit and Others 58.7 64.9 69.2 15.6% 16.0% 16.2% 2024 2025 Jun-26 Industry: 17.2%*↑13.3%* * Annualised growth ^ Negative growth as at June 2026 ~ Exclude repo ↑2.3%*
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313.7 333.8 349.6 368.7 380.7 14.6% 14.7% 14.2% 13.9% 13.9% 14.6% 14.7% 14.2% 13.9% 13.9% 17.6% 17.6% 17.0% 16.6% 16.5% 50.0 150.0 250.0 350.0 450.0 550.0 650.0 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 2022 2023 2024 2025 Jun-26 Capital Adequacy Risk-weighted Assets (RM'bil) Common Equity Tier I Capital Tier I Capital Total Capital Industry Total capital: 17.4% Healthy capital and liquidity positions Capital & Liquidity Position * The Basel III capital ratio requirements are inclusive of: (i) 2.5% capital conservation buffer (ii) Domestic Systemically Important Bank (DSIB) buffer of 0.5% imposed on PBB as announced by BNM, which was effective on 31 Jan 2021 Note: PBB did not opt for the BNM transitional arrangement on capital relief 91.4% 92.9% 94.3% 95.6% 95.3% 81.1% 82.0% 83.1% 84.1% 83.9% 2022 2023 2024 2025 Jun-26 Liquidity Risk Indicators Gross Loan to Fund Ratio Gross Loan to Fund and Equity Ratio 15 Basel III Requirement* 7.5% 9.0% 11.0% ------ --------------------------- --------------------------- Industry Tier I: 14.5% Industry LTF: 82.3% Industry LTFE: 71.7% Industry CET I: 13.9%
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Business Delivery Channel 2024 2025 Jun-26 Malaysian Operations Public Bank - Domestic - Overseas 260 3 260 3 260 3 Public Islamic Bank 4 4 4 Public Mutual 28 28 28 Public Investment Bank 1 1 1 Lonpac Insurance 22^ 22^ 22^ Hong Kong & China Operations Public Finance 40 40 40 Public Bank (HK) - Hong Kong - China 30 5 29 5 29 5 Winton (B.V.I) Group 3 3 3 Indo-China Operations Cambodia Public Bank 32 32 32 Public Bank Vietnam 40 40 40 Public Bank Lao 4 4 4 472 471 471 >21,000 Staff >1,950 Self Service Terminals MyPB Internet / Mobile Banking PB enterprise Internet / Mobile Banking 16 ^ LPI Capital Berhad’s physical distribution channel includes 21 Lonpac branches across Malaysia and 1 in Singapore
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Strategic Direction 17
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2019 2022 2023 2024 2025 Jun-26 Profitability Operating profit Profit before tax Net profit 7,283 7,134 5,512 9,203 8,831 6,119 8,678 8,539 6,649 9,183 8,932 7,147 9,566 9,543 7,224 4,854 4,708 3,576 Shareholder Value Earnings per share (sen) Net assets per share (RM) Dividend per share (sen) Dividend payout ratio (%) 28.39 2.25 14.6 51.4 31.53 2.59 17.0 53.9 34.26 2.82 19.0 55.5 36.84 2.97 21.0 57.0 37.41 3.10 22.5 60.5 18.50 3.17 10.5 57.0 Key Balance Sheet Data Total assets Gross loan Domestic loan Deposit from customers Domestic deposit Core customer deposit Shareholders’ equity Common equity Tier I capitalπ Tier I capitalπ Total capitalπ Risk-weighted assets 432,831 330,468 307,164 353,340 325,199 294,646 43,594 37,406 37,564 46,571 277,906 493,263 376,892 352,065 394,719 367,144 335,570 50,179 45,648 45,806 55,256 313,678 510,598 398,997 372,697 412,897 384,918 342,033 54,674 48,911 48,971 58,624 333,774 543,310 424,171 397,656 433,264 403,481 374,500 57,335 49,552 49,612 59,394 349,571 561,651 445,758 421,024 447,114 419,011 382,169 59,938 51,229 51,284 61,246 368,715 582,121 458,945 434,107 457,560 428,868 388,328 61,494 52,780 52,836 62,938 380,712 Appendix RM’mil π After deducting dividends declared subsequent to end of year 18
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% 2019 2022 2023 2024 2025 Jun-26 Industryb Profitability Ratios Net interest margin on yielding assets Net return on equity+ Pre-tax return on average assets Cost to income ratio Non interest income/Total income* 2.15 13.6 1.7 34.4 22.7 2.39 12.8 1.8 31.5 18.5 2.20 13.0 1.7 33.7 19.6 2.21 13.2 1.7 34.5 21.0 2.15 12.8 1.7 34.9 23.1 2.09 12.2 1.6 35.1 24.1 N/A 8.9 1.3 46.4 35.5 Liquidity Gross loan to fund ratio~ Gross loan to fund and equity ratio~ 88.9 79.2 91.4 81.1 92.9 82.0 94.3 83.1 95.6 84.1 95.3 83.9 82.3α 71.7α# Asset Quality Gross impaired loans ratio Loan loss coverage ratio Credit cost ratio 0.49 124.1 0.05 0.42 272.0 0.10 0.59 181.8 0.04 0.52 166.2 0.00 0.51 149.9 0.02 0.54 138.9 0.07 1.43 81.3 0.19ˇ Capital Adequacy Common equity Tier I capital ratioπ Tier I capital ratioπ Total capital ratioπ 13.5 13.5 16.8 14.6 14.6 17.6 14.7 14.7 17.6 14.2 14.2 17.0 13.9 13.9 16.6 13.9 13.9 16.5 13.9 14.5 17.4 Market Share Domestic market share Commercial property financing SME financing Residential property financing Passenger vehicle financing Domestic loan Domestic deposit Retail private unit trustδ 35.0 23.4 19.9 29.4 17.3 16.5 51.1 33.4 19.2 20.6 30.2 17.4 16.3 45.1 32.6 17.8 20.4 30.5 17.5 16.3 46.3 32.0 18.0 20.2 31.8 17.7 16.5 44.8 32.4 18.8 20.1 32.8 17.8 16.4 43.6 32.7 19.6 20.1 33.2 17.9 16.3 44.6 N/A N/A N/A N/A N/A N/A N/A Appendix + Based on average equity adjusted with proposed dividend, if any ~ Gross loans exclude loans/financing sold to Cagamas. Funds include deposits from customers, structured deposits and debt securities issued and other borrowed funds α Loans exclude loans extended to banking institutions # Equity comprises ordinary and preferred shares and retained earnings π After deducting dividends declared subsequent to end of period / year b Based on latest available industry statistics ˇ Average of the top 8 local banks as at Mar’26 * Include non-financing income from Islamic banking business δ Excluding money market funds 19
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Ms. Yik Sook Ling Chief Financial Officer +(603) 2176 6186 yiksookling@publicbank.com.my Disclaimer. The materials and information in the presentations and other documents are a summary only, do not purport to contain all of the material information regarding Public Bank and are qualified in their entirety by reference to our public disclosure. You may not rely on these materials as providing a complete or comprehensive analysis of Public Bank. Certain statements in this presentation constitute forward-looking statements. These forward-looking statements are based on management's current views concerning future events, and necessarily involve risks, uncertainties and assumptions. Actual future performance could differ materially from these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Public Bank does not assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. This presentation and the information it contains are for informational purposes only, and are not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice in any jurisdiction whatsoever. Nothing contained herein shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever, nor does it constitute a recommendation regarding any of Public Bank's securities or financial instruments. Public Bank's securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act") or under any U.S. state securities laws and, subject to certain exceptions, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Head Office Menara Public Bank 146, Jalan Ampang 50450 Kuala Lumpur Website: www.publicbankgroup.com Ms. Chang Siew Yen Deputy Chief Executive Officer +(603) 2176 7461 changsiewyen@publicbank.com.my Investor Relations Contact Mr. Chong Soo Loong General Manager, Corporate Planning, Economics & Sustainability Management +(603) 2177 3152 chongsooloong@publicbank.com.my