Bank Islam's Q1 2025 Results: Net Profit Down, Revenue Up

Bank Islam's Net Profit Dips Despite Revenue Increase Kuala Lumpur, May 30, 2025 – Bank Islam Malaysia Berhad announced a slight dip in net profit for the first quarter of 2025, reporting a 3.4 percent decrease to RM126.27 million compared to the same period last year. However, this was offset by a significant 7.89 percent increase in revenue, reaching RM1.23 billion. The bank attributed the lower profit to increased costs and higher provisions for bad loans. "The decrease in net profit was primarily due to higher net allowances for impairment on financing and increased costs," a Bank Islam spokesperson explained. Despite this, the bank's total assets saw robust growth, increasing by 8 percent to RM98.3 billion, primarily due to growth in investment securities and financing. Earnings per share also reflected this trend, falling to RM0.057, a decrease of RM0.02 from the previous year's first quarter. Nevertheless, the bank remains optimistic about its future prospects, highlighting its strategic growth and commitment to Islamic finance. The overall financial picture shows a resilient bank navigating a challenging economic climate, with growth in key areas compensating for the decrease in net profit.