Asia300

CIMB Group Holdings Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 6.77
Aug 18, 2017
Market cap:
Market cap(USD):
61,282.8M
14,286.7M
Shares: 9,052.11M

Currency in MYR

Company profile

Market(Ticker): KLS(1023)
Sector:
Industry:
Finance
Regional Banks
Full time employees: 38,952

Business summary

CIMB Group Holdings Bhd. engages in the provision of financial and banking services. It operates through the following segments: Consumer Banking; Commercial Banking; Corporate Banking; Treasury and Markets; Investment Banking; Group Asset Management and Investments ("GAMI"); and Group Funding. The Consumer Banking segment offers deposit accounts, loans, personal financing, credit cards, wealth management, investments, remittance, foreign exchange, and mobile banking. The Commercial Banking segment includes Islamic banking solutions for small and medium enterprises. The GAMI segment deals with asset management franchise with core operations in Malaysia, Indonesia, Singapore, and Thailand. The company was founded by Kheng Chiang Wee and Kheng Whatt Wee in 1924 and is headquartered in Kuala Lumpur, Malaysia.

Company background

CIMB Group Holdings has grown into a regional banking group through mergers and acquisitions, especially in the past 10 years under ex-Group CEO Nazir Razak. Its recent major acquisitions include the Royal Bank of Scotland's Asia-Pacific investment banking business in 2012. Nazir, the youngest brother of Prime Minister Najib Razak, was re-designated as the group's chairman and made a director at Khazanah Nasional from September 2014.

Government investment fund Khazanah Nasional is the major shareholder of the bank with a 30% stake. Mitsubishi UFJ Financial Group holds 5%. The group is now headed by Acting Group Chief Executive Zafrul Abdul Aziz, who was once the head of Maybank investment banking. Overseas businesses led by listed subsidiaries such as Bank CIMB Niaga in Indonesia and CIMB Thai Bank make substantial contributions to group profit. The group is also one of the top brokers in Southeast Asia and one of the leading global Islamic bond issuers.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 25,465.94M
Gross profit --
Operating income 4,756.64M
Income before tax 4,768.45M
Net income 3,564.19M
EBITDA --
Diluted EPS 0.41
Dividends per share 0.2
Total assets 486,441.13M
Total liabilities 439,361.97M
Total equity 45,508.17M
Operating cash flow 6,988.04M

Currency in MYR

Revenue 6,147.16M
Gross profit --
Operating income 1,148.19M
Income before tax 1,151.04M
Net income 860.35M
EBITDA --
Diluted EPS 0.09
Dividends per share 0.04
Total assets 108,435.38M
Total liabilities 97,940.70M
Total equity 10,144.48M
Operating cash flow 1,686.82M

Currency in USD

Valuation measures

Dec 2016

PER 11
ROA 0.75%
ROE 8.21%
Operating margin 18.67%
Profit margin 13.99%

Key executive

  • Group Chief Executive Officer & Executive Director: Zafrul bin Tengku Abdul Aziz
  • Group Chief Financial Officer: Shahnaz Farouque bin Jammal Ahmad
  • Group Chief Compliance Officer: Keen Yew Kwan
  • CEO-Group Asset Management & Investments: Effendy Shanul Hamid
  • Group Chief Risk Officer: David Richard Thomas

Share holders

  • Khazanah Nasional Bhd. (Investment Company)(28.1%)
  • Employees Provident Fund(12.7%)
  • CIMB Group Holdings Bhd.(9.7%)
  • Permodalan Nasional Bhd.(9.1%)
  • Kumpulan Wang Persaraan(5.6%)
  • Mitsubishi UFJ Financial Group, Inc.(4.5%)
  • The Vanguard Group, Inc.(2.2%)
  • Fubon Life Insurance Co., Ltd.(1.3%)
  • Eastspring Investments (Singapore) Ltd.(1.1%)
  • Great Eastern Life Assurance Co. Ltd.(1.0%)

Address

  • Website: http://www.cimb.com
  • Address: Level 13, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur, 50470, Malaysia
  • Phone: +60.3.2261.8888

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.