KUALA LUMPUR (Nov 20): Affin Bank Bhd's (KL:AFFIN) earnings slipped in the third quarter ended Sept 30, 2025 (3QFY2025), as decreased net income and higher impairment loss allowances more than offset lower expenses.
Net profit fell marginally to RM144.99 million from RM145.82 million, while earnings per share dropped to 5.72 sen from 5.75 sen, according to a bourse filing on Thursday.
Net interest income (NII) was recorded at RM207.65 million, down from RM214.62 million from the year-ago period. Income from Islamic banking business was higher at RM217.55 million from RM168.95 million a year earlier.
No dividend was declared.
For the nine-month period, net profit rose to RM412.56 million from RM374.61 million.
Cumulative NII was recorded at RM626.4 million, an increase of RM25.7 million or 4.3% as compared to RM600.7 million in the previous corresponding period.
Gross loans and financing marked a year-on-year growth of 7.7%, according to Affin in a separate statement.
Customer deposits increased by 4.5% to RM77.3 billion, while the current-account-savings-account ratio had dropped to 25.8% as of Sept 30, 2025, as compared to 26.9% a year ago.
As of Sept 30, 2025, the group’s gross impaired loan ratio stood at 1.87%, compared with 1.74% a year earlier, reflecting stable asset quality amid a more challenging operating landscape.
The group’s loan loss coverage and loan loss reserve stood at 71.68% and 117.95% respectively.
At the time of writing on Thursday, shares of Affin were three sen or 1.31% higher at RM2.32, giving it a market capitalisation of RM5.88 billion. Year to date, the stock is down 15.85%.