CIMB Stock Forum

$CIMB (1023.MY)$ what happen

• Alliance Bank Malaysia (ABMB) reported a slight year-on-year increase of 2.5% in net profit for 2Q25, reaching RM189.91m compared to RM185.33m in the same period last year. This growth was driven by a 14.7% rise in quarterly revenue to a record RM605.7m from RM528.1m, attributed to higher interest income from loans and other operating income. However, the net profit was moderated by higher allowances for expected credit losses and increased operating expenses ...