EarningsQ2 2026 Earnings Report
CIMDF Q2 2026 EPS Results
Actual EPS$0.04
Consensus EPS―
Beat/Miss―
One Year Ago EPS$0.04
CIMDF Q2 2026 Revenue Results
Actual Revenue$2.02B
Expected Revenue―
Beat/Miss―
YoY Revenue Growth-22.24%
Earnings Announcement Details
QuarterQ2 2026
Date08/28/2026
TimeTBA
Conference CallFriday, August 28, 2026
CIMDF Upcoming Earnings
CIMB Group Holdings Bhd's next earnings date is estimated for November 26, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CIMDF Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was predominantly positive. Management reported resilient profitability, improving asset quality, strong NOII and asset growth, declining costs, robust capital, and continued progress on Forward30, digital banking, wealth, cross-border activity, and Touch 'N Go. The main challenges were NIM compression, funding competition, Indonesia-specific credit and macro headwinds, restructuring costs, and weaker performance in selected segments, but management maintained its 2026 guidance and described the underlying asset quality and transformation trajectory as stable or improving.Company Guidance
Resilient Second-Quarter Profitability
CIMB Group delivered second-quarter 2026 net profit of MYR 1.94 billion, translating to an annualized ROE of 11.2% for the quarter. Management described the performance as resilient, with good momentum from the first quarter to the second quarter.
Forward30 Transformation Delivering Benefits
Management said earnings momentum was the result of Forward30 transformation activities focused on capital, cash, cross-sell, and capabilities. The transformation is creating a differentiated franchise and helping the group capture growth opportunities across ASEAN.
Thai Auto Divestment on Schedule
The divestment of the Thailand auto business is scheduled to complete on schedule by the fourth quarter of 2026 or early fourth quarter. Management said this will free up capital for reallocation into higher-growth and higher-profitability businesses.
Operating Efficiency Improving
Costs have come down on both a quarter-on-quarter and year-on-year basis. The cost-to-income ratio was 45.2% for the quarter, and management expects OpEx to decline further, including as one-off transformation costs roll off.
Technology and AI Investment Maintained
The reduction in the cost-to-income ratio was achieved without reducing investment in technology and AI. Technology costs were described as stable on an underlying basis, and the technology cost-to-revenue ratio was maintained around 8%.
Net Interest Income and Asset Growth
Second-quarter NII grew 1.3% quarter-on-quarter despite a 4-basis-point margin decline. Total assets increased 1.8% quarter-on-quarter, while loans grew 1.1% quarter-on-quarter; management said the asset and loan pipeline remains very strong and expects to meet its previously provided asset and loan growth guidance.
Non-Interest Income Momentum
NOII grew 6% quarter-on-quarter in the second quarter, following 11.9% sequential growth in the first quarter. NOII contribution to total income expanded by 1 percentage point in the quarter and by 1.3 percentage points year-on-year, driven by wealth, franchise fees, client sales, and cross-border activity.
Underlying Constant-Currency Growth
On a constant-currency basis, total asset growth was 6.3% year-on-year and NII grew 1.7% year-on-year. Underlying operating income growth was hovering around 4%, while net profit growth was generally hovering around the 4% to 5% level.
Total Income Growth
Total income grew 2.8% quarter-on-quarter, supported by 6% quarter-on-quarter NOII growth and 1.8% quarter-on-quarter total asset growth.
Stable Asset Quality and Strong Coverage
Management said underlying asset quality remained stable. The gross impaired loans ratio improved to an all-time low of 1.6%, and allowance coverage was close to the 100% level.
Capital Strength and Shareholder Distribution
CET1 stood at 14%. CIMB declared a dividend of MYR 0.1965 per share, representing a payout ratio above 55%; the presentation also stated that the maintained 55% payout was equivalent to MYR 2.1 billion.
Credit Cost Within Guidance
Second-quarter credit cost was 38 basis points, while first-half annualized credit cost was 34 basis points, remaining within the 25 to 35 basis-point guidance. Management maintained the overall 2026 credit-cost guidance.
ASEAN Structural-Growth Positioning
CIMB is positioning around three structural shifts in ASEAN: AI data centers, wealth, and cross-border corridors. Management said a sizable proportion of asset and loan growth is coming from the AI and data-center space.
Expanded Wealth Offering
CIMB introduced a new private wealth segment between its existing preferred and private banking segments to address a customer segment it had not serviced as well previously.
MyWealth Digital Advisory Feature
The OCTO app introduced MyWealth, where customers answer 14 questions, receive a risk rating, and are provided with suggested allocations across cash, regional equities, local equities, fixed income, and alternative investments, together with investment recommendations.
Cross-Border Corridor Expansion
CIMB said it is outperforming on its MYR 10 billion loan commitment related to the JS-SEZ, with activity linked to data centers and its ASEAN Financial Passport program. The group also announced partnerships and MOUs involving China and ASEAN financial institutions and technology providers, including blockchain-related providers.
Singapore-Malaysia FX Proposition
The Singapore-Malaysia corridor continues to be a key focus, with FX described as the most successful product at the moment. CIMB guarantees best FX rates for Malaysians working in Singapore, supporting CASA account openings in both Singapore and Malaysia.
CIMB and Touch 'N Go Platform Integration
CIMB introduced two services during the second quarter that leverage its banking platform with Touch 'N Go: gold investment through the Touch 'N Go app and BizCash working-capital financing for SMEs using Touch 'N Go for collections.
Tokenized Sukuk Milestone
CIMB became the first Malaysian bank to issue a sukuk in tokenized format. Of the MYR 1.68 billion issuance, MYR 1.38 billion was issued in tokenized format to 12 institutional investors, who subscribed using a CIMB tokenized deposit. Management said the next step is moving from pilot phase to practical execution.
Consumer Banking Growth
Consumer Banking NOII grew 10% quarter-on-quarter, driven by wealth and other income. On a year-on-year basis, NOII grew 12%, with wealth in Malaysia and Singapore and other income partially offsetting NII pressure. Consumer loans grew 4.3% year-on-year in Malaysia and 14% year-on-year in Singapore.
Wholesale Banking Momentum
Wholesale Banking growth on both a quarter-on-quarter and year-on-year basis was mainly driven by robust treasury and markets total-income growth. Wholesale loans were driven by Malaysia at 8.1% year-on-year, while Indonesia was strong during the quarter; CASA growth in Malaysia was 13% year-on-year.
Commercial Banking Fee and FX Growth
Commercial Banking fees and FX grew 13% year-on-year, driving operating-income growth. Commercial Banking CASA showed strong year-on-year growth across Malaysia, Indonesia, and Singapore, while Singapore commercial loans grew 11% year-on-year.
Touch 'N Go Digital Profitability
Touch 'N Go Digital continues to trend well in profitability. Year-on-year profit growth for the first half more than doubled, reaching MYR 90 million, while payment value continued to grow strongly both quarter-on-quarter and year-on-year.
Thailand Margin and Wholesale Loan Growth
Thailand continued to gain deposits despite optimizing deposit pricing, supporting margin expansion. Thailand Wholesale Banking loans grew 14% year-on-year, offsetting negative headline loan growth driven by Consumer Banking.
Deposit and CASA Growth
CASA growth remained positive at 40 basis points in the second quarter, supported by Commercial Banking across key operating markets and Thailand Wholesale Banking. Total deposits grew 2.1% quarter-on-quarter, including 1.1% growth in Consumer Banking, while Islamic deposits grew 9.2% year-on-year.
Capital Return Plan Remains on Track
CIMB reiterated its MYR 2 billion capital return plan announced in November 2025. MYR 700 million has been started, with MYR 1.3 billion remaining, supported by the group's current strong capital position.
2026 Guidance Maintained
Management maintained its 2026 guidance, citing Forward30 execution as firmly on track. Group margins are expected to be flat to minus 10 basis points on a year-on-year basis for the full year, with total asset growth and NOII growth providing offsets.
Funding Optimization Levers
In Indonesia, management is focusing on CASA growth, optimizing the mix between repos and time deposits, and repricing loans where possible, including bilateral agreements involving a 100-basis-point rate hike. In Malaysia, the group plans to increase retail fixed deposits and CASA, while also using offshore offices in Singapore and Hong Kong to raise deposits.
CIMDF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed