Malayan Banking Berhad

KLSE-MAYBANK

Basic

Market Cap
MYR 122.36B
EV
—
Shares Out
12.07B
Revenue
MYR 26.65B
Employees
43,000

Margins

Gross
—
EBITDA
—
Operating
—
Pre-Tax
48.47%
Net
35.92%
FCF
-204.59%

Returns (5Yr Avg)

ROA
0.9%
ROTA
10.02%
ROE
9.37%
ROCE
—
ROIC
1.09%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
MYR 10.15
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
—
Net Debt
-MYR 22.43B
Debt/Equity
—
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
10.18%
Rev 5Yr
3.98%
Rev 10Yr
—
Dil EPS 3Yr
9.5%
Dil EPS 5Yr
1.61%
Dil EPS 10Yr
0.45%
Rev Fwd 2Yr
5.53%
EBITDA Fwd 2Yr
4.48%
EPS Fwd 2Yr
5.15%
EPS LT Growth Est
8.32%

Dividends

Yield
—
Payout
75.58%
DPS
MYR 0.6
DPS Growth 3Yr
4.89%
DPS Growth 5Yr
1.03%
DPS Growth 10Yr
1.15%
DPS Growth Fwd 2Yr
4.44%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						24,131	19,350.8	17,205.3	21,608.9	30,230.6	31,591.1
Interest Income, Total						24,131	19,350.8	17,205.3	21,608.9	30,230.6	31,591.1
Interest On Deposits						12,036	8,260.4	5,171.2	7,793.3	17,439	18,873.9
Interest Expense, Total						12,036	8,260.4	5,171.2	7,793.3	17,439	18,873.9
Net Interest Income						12,095	11,090.4	12,034	13,815.6	12,791.5	12,717.2
Gain (Loss) on Sale of Assets						-83.1	13.8	1.3	4	4.1	3.8
Gain (Loss) on Sale of Invest. & Securities						3,024	2,239.7	-1,163.8	-2,277.5	1,493.9	2,274.9
Total Other Non Interest Income						9,646.3	10,982.2	13,948.2	14,342.2	13,186.8	13,589.8
Non Interest Income, Total						12,587.2	13,235.6	12,785.7	12,068.7	14,684.8	15,868.4
Revenues Before Provison For Loan Losses						24,682.2	24,326	24,819.7	25,884.3	27,476.3	28,585.6
Provision For Loan Losses						2,287.5	4,655.9	2,570.5	2,182.7	1,826.2	1,933.9
Total Revenues						22,394.7	19,670.2	22,249.2	23,701.5	25,650.1	26,651.7
Total Revenues % Chg.						1.7%	-12.2%	13.1%	6.5%	8.2%	10.7%
Salaries And Other Employee Benefits						6,581.7	6,482.4	6,710	6,925.7	7,685.2	8,076.8
Stock-Based Compensation						43.3	80.8	98.2	87.6	93.8	82.3
Amort. of Goodwill & Intang. Assets						252.4	286.9	282.7	250.6	232	232.2
Occupancy Expense						934.1	966.2	948.2	991.9	1,085.3	1,086.9
Selling General & Admin Expenses, Total						3,684.1	3,355.9	3,438.4	3,677.9	4,235.1	4,452.1
(Income) Loss on Equity Invest.						-158.4	-209.1	-186.2	-130.9	-240.3	-230.6
Total Other Non Interest Expense	—	—	—	—	—	66.4	49.8	41	40.3	57.4	63.8
Non Operating (Income) Expenses	—	—	—	—	—	—	-4.3	7	—	—	—
Non Interest Expense, Total						11,403.6	11,008.4	11,339.4	11,843.3	13,148.5	13,763.5
EBT, Excl. Unusual Items						10,991.1	8,661.7	10,909.8	11,858.2	12,501.6	12,888.2
Impairment of Goodwill	—	—	—	—	—	—	-23.3	-53.5	—	—	—
Asset Writedown						22.8	18.5	30.3	13.5	30	30
EBT, Incl. Unusual Items						11,013.9	8,657	10,886.6	11,871.7	12,531.6	12,918.2
Income Tax Expense						2,538.2	1,937.9	2,565.1	3,896.1	2,916.7	3,039.8
Earnings From Continuing Operations						8,475.6	6,719.1	8,321.5	7,975.6	9,614.9	9,878.3
Minority Interest						-277.6	-237.9	-225.3	-15.1	-265.1	-305.5
Net Income						8,198.1	6,481.2	8,096.2	7,960.5	9,349.8	9,572.8
Net Income to Common Incl Extra Items						8,198.1	6,481.2	8,096.2	7,960.5	9,349.8	9,572.8
Net Income to Common Excl. Extra Items						8,198.1	6,481.2	8,096.2	7,960.5	9,349.8	9,572.8
Total Shares Outstanding						11,241.4	11,241.4	11,878.5	12,054.1	12,060.2	12,067
Weighted Avg. Shares Outstanding						11,161.5	11,241.4	11,622.3	11,968.7	12,056.2	12,058.8
Weighted Avg. Shares Outstanding Dil						11,161.5	11,241.4	11,622.3	11,968.7	12,056.2	12,058.8
EPS						0.7	0.6	0.7	0.7	0.8	0.8
EPS Diluted						0.7	0.6	0.7	0.7	0.8	0.8
Effective Tax Rate						23%	22.4%	23.6%	32.8%	23.3%	23.5%