Malayan Banking Bhd.
Company Background
Maybank is the largest bank by assets in Malaysia, and the fourth-largest in Southeast Asia. Established in 1960 as a privately-held lender, it is currently over 58% state-owned, and has a presence in 20 countries, with a workforce of almost 50,000. Its group President and CEO Abdul Farid Alias took over the leadership in August 2013 from Abdul Wahid Omar, who left to become a government minister. Before joining Maybank, Farid was a director of investment at Khazanah Nasional, Malaysia's state investment arm.
Maybank is strong in Singapore, particularly its regional investment bank, Maybank Kim Eng Holdings, which was born out of the merger with the city-state's Kim Eng Holdings in 2011. In Indonesia, Bank Internasional Indonesia, a 98% owned listed subsidiary, has a network of over 400 branches. Maybank also runs the largest Islamic bank in the region by asset size. It recently won a banking license to operate in Myanmar.
Business Summary
Financial Highlights
Dec 2022 | MYR | USD |
Revenue | 41,863.21M | 9,511.48M |
Gross Profit | -- | -- |
Operating income | 12,588.76M | 2,860.21M |
Income before tax | 12,022.41M | 2,731.54M |
Net income | 8,234.94M | 1,871.01M |
EBITDA | -- | -- |
Diluted EPS | 0.68 | 0.15 |
Dividends Per Share | 0.58 | 0.13 |
Total Assets | 947,812.83M | 215,167.49M |
Total liabilities | 858,895.69M | 194,981.99M |
Total equity | 85,957.03M | 19,513.51M |
Operating cash flow | 17,893.22M | 4,065.41M |
Currency in MYR | Currency in USD |
Historical Data
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 39,044.26M | 46,229.56M | 44,904.04M | 43,445.30M | 41,863.21M |
Gross Profit | -- | -- | -- | -- | -- |
Operating income | 10,789.32M | 11,022.78M | 8,914.65M | 11,265.87M | 12,588.76M |
Income before tax | 10,901.34M | 11,013.88M | 8,656.95M | 10,886.59M | 12,022.41M |
Net income | 8,113.26M | 8,198.07M | 6,481.21M | 8,096.22M | 8,234.94M |
EBITDA | -- | -- | -- | -- | -- |
Diluted EPS | 0.74 | 0.73 | 0.57 | 0.69 | 0.68 |
Dividends Per Share | 0.57 | 0.64 | 0.52 | 0.58 | 0.58 |
Total Assets | 806,991.68M | 834,413.01M | 856,859.51M | 888,172.39M | 947,812.83M |
Total liabilities | 729,254.42M | 750,343.79M | 769,749.88M | 799,619.97M | 858,895.69M |
Total equity | 75,330.12M | 81,570.93M | 84,436.64M | 85,811.42M | 85,957.03M |
Operating cash flow | 14,022.98M | 9,314.94M | 12,100.86M | 18,655.95M | 17,893.22M |
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 9,675.49M | 11,158.53M | 10,685.81M | 10,480.76M | 9,511.48M |
Gross Profit | -- | -- | -- | -- | -- |
Operating income | 2,673.68M | 2,660.59M | 2,121.42M | 2,717.78M | 2,860.21M |
Income before tax | 2,701.44M | 2,658.44M | 2,060.09M | 2,626.28M | 2,731.54M |
Net income | 2,010.53M | 1,978.78M | 1,542.33M | 1,953.13M | 1,871.01M |
EBITDA | -- | -- | -- | -- | -- |
Diluted EPS | 0.18 | 0.17 | 0.13 | 0.16 | 0.15 |
Dividends Per Share | 0.14 | 0.15 | 0.12 | 0.13 | 0.13 |
Total Assets | 195,279.28M | 203,988.02M | 213,016.65M | 213,195.48M | 215,167.49M |
Total liabilities | 176,468.09M | 183,435.71M | 191,361.06M | 191,939.50M | 194,981.99M |
Total equity | 18,228.70M | 19,941.55M | 20,991.08M | 20,598.03M | 19,513.51M |
Operating cash flow | 3,475.01M | 2,248.36M | 2,879.64M | 4,500.56M | 4,065.41M |
Valuation Measures
Dec 2022 | |
PER | 12.64 |
ROA | 0.89% |
ROE | 9.58% |
Operating margin | 30.07% |
Profit margin | 19.67% |
Management
- Group President, CEO & Executive Director: Khairussaleh Ramli
- Group Chief Operations Officer: Chee Kheong Lau
- Group Chief Financial Officer: Puan Khalijah Ismail
- Group Chief Technology Officer: M. S. Amar Suresh bin Abdullah
- Group Chief Executive Officer-Insurance & Takaful: Kamaludin Ahmad
Shareholders
- Permodalan Nasional Bhd. (39.2%)
- Employees Provident Fund (13.2%)
- Bumiputra Investment Foundation (6.7%)
- Kumpulan Wang Persaraan (5.0%)
- The Vanguard Group, Inc. (2.3%)
- Great Eastern Life Assurance Co. Ltd. (1.2%)
- BlackRock Fund Advisors (1.1%)
- GIC Pte Ltd. (Investment Management) (0.8%)
- AIA Bhd. (0.8%)
- Eastspring Investments (Singapore) Ltd. (0.7%)
Contact Details
- Website:http://www.maybank.com
- Address: Menara Maybank, 100 Jalan Tun Perak, Kuala Lumpur, 50050, Malaysia
- Phone: +60.3.2070.8833
Related Companies
- Kim Eng Nominees (Hong Kong) Ltd.
- Double Care Sdn. Bhd.
- PhileoAllied Securities (Philippines), Inc.
- KBB Properties Sdn. Bhd.
- KBB Nominees (Tempatan) Sdn. Bhd.
- Dourado Tora Holdings Sdn. Bhd.
- Maybank Allied Bhd.
- Maybank Securities Nominees (Asing) Sdn. Bhd.
- Maybank Nominees (Hong Kong) Ltd.
- Maybank (Nominees) Sdn. Bhd.
- Maybank Kim Eng Investment Bank Bhd.
- Maybank Islamic Bhd. (United Arab Emirates)
- Malayan Banking Bhd. (Myanmar Branch)
- Maybank Alliances Sdn. Bhd.
- Maysec Sdn. Bhd.
- Malayan Banking Bhd. (Singapore)
- Malayan Banking Bhd. (Shanghai Branch)
- Maybank Kim Eng Properties Pte Ltd.
- Malayan Banking Bhd. Esop
- Maybank International Holdings Sdn. Bhd.
- Maybank Nominees (Asing) Sdn. Bhd.
- Maybank Securities Nominees (Tempatan) Sdn. Bhd.
- Maybank Nominees (Tempatan) Sdn. Bhd.
- Malayan Banking Bhd. (Shenzhen Branch)
- Malayan Banking Bhd. (Kunming Branch)
- Mayban Futures Sdn. Bhd.
- Malayan Banking Bhd. (Beijing Branch)
- Maybank Shanghai
- Maybank Lao
- Malayan Banking Bhd. (Yangon Branch)
Competitors
- Vantage Equities, Inc.
- JG Summit Holdings Inc.
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 21 Sep, 2023Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.