Affin Bank's net profit for the quarter ending March 31, 2026 rose 9% year-on-year to RM135.5 million from RM124.09 million a year earlier [1, 2, 3, 4]. Net interest income grew about 13%, supported by a 6 basis points improvement in net interest margin to 1.54% [1, 2]. Non-interest income increased nearly 33%, with service charges and fees tripling in the quarter [1, 2].

Total loans, advances, and financing climbed 12.6% year-on-year to RM82.1 billion, while customer deposits increased 3.5% to RM78.1 billion [1, 2, 3, 4]. These asset growth figures helped push total assets to RM125.7 billion [3, 4].

The bank's gross impaired loans ratio rose to 1.75%, but loan loss coverage and loan loss reserves remained robust at 71.62% and 118.15%, respectively [3, 4]. Operating expenses were up 8.31% to RM410.6 million, but the cost-to-income ratio improved to 62.8% [3, 4]. Capital ratios stayed strong, with a Common Equity Tier 1 (CET1) ratio at 12.5%, total capital ratio at 16.3%, and liquidity coverage ratio at 164.2% [3, 4].

In May 2026, Affin Bank issued RM500 million in additional Tier 1 capital securities, which was oversubscribed 2 times. This boosted the total capital ratio by 50 basis points [3, 4]. The bank described it as a cautious step amid global uncertainty. Group CEO Datuk Wan Razly Abdullah said, "Our base view is that the ongoing global conflict will persist until mid-year, after which oil prices are expected to begin normalising. Trade and commerce are also expected to gradually return to normal in the second half of the year" [1, 2]. He added the first quarter showed stable performance despite global supply-demand pressures on local banks [3].

No dividend was declared for the quarter [1, 2]. The bank warned of possible higher loan impairments if macroeconomic conditions worsen but said capital and liquidity buffers are adequate [1, 2].

Affin Bank's results and capital issuance reflect focused growth and resilience amid a cautious outlook. The coming months will test the impact of global trade normalization and oil price stabilization expected in the second half of 2026, as noted by the CEO [1, 2, 3, 4].