CIMB Group Announces 9M21 Core PBT Of RM5.26 Billion, Indicating Continued YoY Recovery Across All Segments And Markets

KUALA LUMPUR, Dec 1 (Bernama) — CIMB Group Holdings Berhad (“CIMB Group” or the “Group”) recorded continued improved performance for the nine months ended 30 September 2021 (“9M21”), with core profit before tax (“PBT”) of RM5.26 billion, up 285.7% year-on-year (“YoY”), and core net profit of RM3.84 billion, up 291.8% YoY. This translates to an annualised 9M21 core return on average equity (“ROE”) of 9.0% and reported earnings per share (“EPS”) of 34.5 sen. The recovery in performance was driven by higher operating income, strong cost containment and significantly lower provisions, with improvements seen across all segments and markets.

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