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Finance

Malayan Banking Bhd.

  • 9.49 MYR
  • +0.01
  • +0.11%
  • Malaysia
    Mar 19, 2019
  • Ticker
    KLS(1155)
  • Prev. close
    9.48
  • Market cap (MYR)
    104,750.98M
  • Market cap (USD)
    25,693.18M
  • Shares
    11,049.68M

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. is a holding company, which engages in the provision of commercial banking and related financial services. It operates through the following segments: Group Community Financial Services (CFS), Group Global Banking (GB), and Group Insurance and Takaful. The CFS segment offers retail banking services to individual, small, medium enterprise, and business banking customers. The GB segment comprises corporate banking and global markets business. This segment also offers treasury services, including foreign exchange, money market, fixed income markets, derivatives and structured products, and asset management. 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 2018 MYRUSD
Revenue39,044.26M9,675.49M
Gross Profit----
Operating income10,789.32M2,673.68M
Income before tax10,901.34M2,701.44M
Net income8,113.26M2,010.53M
EBITDA----
Diluted EPS0.740.18
Dividends Per Share0.400.09
Total Assets806,991.68M195,279.28M
Total liabilities729,254.42M176,468.09M
Total equity75,330.12M18,228.70M
Operating cash flow14,022.98M3,475.01M
Currency in MYRCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 31,631.13M 34,965.47M 36,667.04M 39,174.31M 39,044.26M
Gross Profit -- -- -- -- --
Operating income 8,976.50M 8,790.68M 8,773.89M 9,844.40M 10,789.32M
Income before tax 9,111.58M 9,151.54M 8,844.45M 10,098.09M 10,901.34M
Net income 6,716.45M 6,835.93M 6,742.99M 7,520.54M 8,113.26M
EBITDA -- -- -- -- --
Diluted EPS 0.74 0.72 0.67 0.72 0.74
Dividends Per Share 0.57 0.54 0.52 0.55 0.40
Total Assets 640,299.95M 708,344.50M 735,956.25M 765,301.76M 806,991.68M
Total liabilities 585,558.78M 644,831.04M 665,481.43M 690,118.16M 729,254.42M
Total equity 52,974.56M 61,694.99M 68,515.73M 72,988.61M 75,330.12M
Operating cash flow 11,757.43M 6,885.55M 17,041.73M 18,895.47M 14,022.98M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 9,667.15M 8,943.32M 8,850.97M 9,111.32M 9,675.49M
Gross Profit -- -- -- -- --
Operating income 2,743.41M 2,248.44M 2,117.91M 2,289.65M 2,673.68M
Income before tax 2,784.69M 2,340.74M 2,134.94M 2,348.65M 2,701.44M
Net income 2,052.69M 1,748.46M 1,627.67M 1,749.15M 2,010.53M
EBITDA -- -- -- -- --
Diluted EPS 0.22 0.18 0.16 0.16 0.18
Dividends Per Share 0.17 0.13 0.12 0.12 0.09
Total Assets 183,125.96M 164,980.67M 164,056.23M 189,103.47M 195,279.28M
Total liabilities 167,469.97M 150,187.73M 148,346.28M 170,525.86M 176,468.09M
Total equity 15,150.74M 14,369.39M 15,273.23M 18,035.23M 18,228.70M
Operating cash flow 3,593.32M 1,761.16M 4,113.66M 4,394.78M 3,475.01M

Valuation Measures

Dec 2018
PER12.80
ROA1.03%
ROE10.94%
Operating margin27.63%
Profit margin20.77%

Key executives

  • Group President, CEO & Executive Director: Abdul Farid bin Alias
  • Group Chief Operations Officer: Kah Cho Hon
  • Group Chief Financial Officer: Amirul Feisal bin Zahir
  • Group Chief Technology Officer: M. S. Amar Suresh bin Abdullah
  • Group Chief Compliance Officer: Liang Yee Wong

Shareholders

  • Permodalan Nasional Bhd. (39.4%)
  • Employees Provident Fund (12.8%)
  • Bumiputra Investment Foundation (7.3%)
  • Kumpulan Wang Persaraan (3.6%)
  • The Vanguard Group, Inc. (1.8%)
  • Great Eastern Life Assurance Co. Ltd. (1.2%)
  • BlackRock Fund Advisors (1.0%)
  • Government of Malaysia (1.0%)
  • GIC Pte Ltd. (Investment Management) (0.7%)
  • 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

  • Maybank Kim Eng Properties Pte Ltd.
  • Malayan Banking Bhd. Esop
  • 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.
  • Maybank Investment Management Sdn. Bhd.
  • Maybank Singapore Pte. Ltd.
  • Malayan Banking Bhd. (Hanoi Branch)
  • Mayban IB Holdings Sdn. Bhd.
  • Mayban Finance Bhd.
  • Mayban Takaful Bhd.
  • Maybank Philippines, Inc.

Competitors

  • RHB Bank Bhd.
  • CIMB Group Holdings Bhd
  • Security Bank Corp. (Philippines)
  • JG Summit Holdings Inc.
Last Updated on 19 Mar, 2019

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