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Finance

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

Malayan Banking Bhd. operates as a holding company. The firm engages in the provision of commercial banking and related financial services. It operates through the following segments: Group Community Financial Services (CFS), Group Corporate Banking and Global Markets, Group Investment Banking, Group Asset Management, and Group Insurance and Takaful. The CFS segment offers retail banking services to individual, small, medium enterprise and business banking customers. The Group Insurance and Takaful segment includes underwriting all classes of general and life insurance businesses, offshore investment life insurance business, general takaful and family takaful businesses. The company was founded on May 31, 1960 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Dec 2020 MYRUSD
Revenue44,904.04M10,685.81M
Gross Profit----
Operating income8,914.65M2,121.42M
Income before tax8,656.95M2,060.09M
Net income6,481.21M1,542.33M
EBITDA----
Diluted EPS0.570.13
Dividends Per Share0.520.12
Total Assets856,859.51M213,016.65M
Total liabilities769,749.88M191,361.06M
Total equity84,436.64M20,991.08M
Operating cash flow12,100.86M2,879.64M
Currency in MYRCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 36,667.04M 39,174.31M 39,044.26M 46,229.56M 44,904.04M
Gross Profit -- -- -- -- --
Operating income 8,773.89M 9,844.40M 10,789.32M 11,022.78M 8,914.65M
Income before tax 8,844.45M 10,098.09M 10,901.34M 11,013.88M 8,656.95M
Net income 6,742.99M 7,520.54M 8,113.26M 8,198.07M 6,481.21M
EBITDA -- -- -- -- --
Diluted EPS 0.67 0.72 0.74 0.73 0.57
Dividends Per Share 0.52 0.55 0.57 0.64 0.52
Total Assets 735,956.25M 765,301.76M 806,991.68M 834,413.01M 856,859.51M
Total liabilities 665,481.43M 690,118.16M 729,254.42M 750,343.79M 769,749.88M
Total equity 68,515.73M 72,988.61M 75,330.12M 81,570.93M 84,436.64M
Operating cash flow 17,041.73M 18,895.47M 14,022.98M 9,314.94M 12,100.86M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 8,850.97M 9,111.32M 9,675.49M 11,158.53M 10,685.81M
Gross Profit -- -- -- -- --
Operating income 2,117.91M 2,289.65M 2,673.68M 2,660.59M 2,121.42M
Income before tax 2,134.94M 2,348.65M 2,701.44M 2,658.44M 2,060.09M
Net income 1,627.67M 1,749.15M 2,010.53M 1,978.78M 1,542.33M
EBITDA -- -- -- -- --
Diluted EPS 0.16 0.16 0.18 0.17 0.13
Dividends Per Share 0.12 0.12 0.14 0.15 0.12
Total Assets 164,056.23M 189,103.47M 195,279.28M 203,988.02M 213,016.65M
Total liabilities 148,346.28M 170,525.86M 176,468.09M 183,435.71M 191,361.06M
Total equity 15,273.23M 18,035.23M 18,228.70M 19,941.55M 20,991.08M
Operating cash flow 4,113.66M 4,394.78M 3,475.01M 2,248.36M 2,879.64M

Valuation Measures

Dec 2020
PER14.67
ROA0.76%
ROE7.80%
Operating margin19.85%
Profit margin14.43%

Key executives

  • Group President, CEO & Executive Director: Abdul Farid bin Alias
  • Group Chief Operations Officer: Kah Cho Hon
  • Group Chief Financial Officer: Puan Khalijah Ismail
  • Group Chief Technology Officer: M. S. Amar Suresh bin Abdullah
  • Group Chief Compliance Officer: Chee Kheong Lau

Shareholders

  • Permodalan Nasional Bhd. (34.5%)
  • Employees Provident Fund (14.2%)
  • Bumiputra Investment Foundation (7.1%)
  • Kumpulan Wang Persaraan (5.0%)
  • The Vanguard Group, Inc. (1.5%)
  • Great Eastern Life Assurance Co. Ltd. (1.1%)
  • Eastspring Investments (Singapore) Ltd. (0.8%)
  • BlackRock Fund Advisors (0.8%)
  • AIA Bhd. (0.6%)
  • Norges Bank Investment Management (0.6%)

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

  • Maybank Kim Eng Investment Bank Bhd.
  • Maybank Islamic Bhd. (United Arab Emirates)
  • Malayan Banking Bhd. (Myanmar Branch)
  • Maybank Allied Credit & Leasing 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)
  • Malayan Banking Bhd. (Brunei Branch)
  • Maybank Trustees Bhd.
  • Mayban Securities (HK) Ltd.
  • Maybank Kim Eng Group
  • Malayan Banking Bhd. (Hong Kong Branch)
  • Maybank Shared Services Sdn. Bhd.
  • Pacific Nominees (Asing) Sdn. Bhd.
  • Pacific Nominees (Tempatan) Sdn. Bhd.
  • P.B. Holdings Sdn Bhd
  • Maybank Asset Management Group Bhd.
  • Etiqa International Holdings Sdn. Bhd.

Competitors

  • Security Bank Corp. (Philippines)
  • JG Summit Holdings Inc.
Last Updated on 21 Oct, 2021

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