Financial structure is the most important indicator in evaluating bank performance. A common financial indicator used by past researchers to measure bank performance is the Capital adequacy, Asset quality, Management competency, Earning quality, and Liquidity (CAMEL) framework. According to Dzeawuni and Tanko (2008), the CAMEL framework was developed by US Federal regulators in the early 1970s to help structure the bank examination process. Since then, the use of CAMEL factors in evaluating a bank’s financial health has become widespread among regulators, including those in Malaysia. Therefore, this study intends to evaluate bank performance using the CAMEL framework by using data from both domestic and foreign banks in Malaysia for the period 2008 to 2012. In addition, this study also investigates the relationship between the CAMEL framework and performance of Malaysian banks.