Public Bank's Q3 net profit fell 3.8pct on higher loan impairment allowances
Photo: New Straits Times
KUALA LUMPUR: Public Bank Bhd's net profit dropped 3.8 per cent to RM1.77 billion in the third quarter ended Sept 30, 2026 (Q3 FY26), from RM1.84 billion a year earlier, mainly due to higher loan impairment allowances.
From the original report
Public Bank said the lower profit was mainly attributed to a RM116.4 million increase in loan and financing impairment allowances following the normalisation of credit charges.
Investment income also declined by RM90.8 million, while other operating expenses rose 3.7 per cent, or RM47 million.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
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About this story
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- New Straits Times
- Originally published
- Nov 6, 2026
- Updated here
- Nov 6, 2026
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- Malaysia Times desk (brief) — reporting by the source
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