Earnings Alerts

Public Bank (PBK) Earnings: 3Q Net Income Reaches 1.91B Ringgit with Strong EPS of 9.850 Sen

By November 29, 2024 No Comments
  • Public Bank reported a net income of 1.91 billion ringgit for the third quarter.
  • The company’s revenue during this period was 6.81 billion ringgit.
  • Earnings Per Share (EPS) stood at 9.850 sen.
  • Analyst recommendations include 17 buys, 3 holds, and 1 sell.

A look at Public Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Public Bank Berhad, a leading financial institution, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With solid scores across various key factors, the company displays a positive overall outlook. Its strong performance in Dividend and Growth, coupled with a high Momentum score, indicates a robust financial standing and growth potential for the future. Moreover, Public Bank‘s resilience score underscores its ability to navigate challenges effectively, ensuring stability in the face of market fluctuations. Although the Value score is moderate, the company’s strategic positioning in the market sets a foundation for sustained success.

Public Bank Berhad’s diversified range of banking and financial services, along with its international presence in key markets like Hong Kong and Vietnam, further bolster its long-term prospects. The company’s consistent performance in delivering value to shareholders through dividends and its focus on sustainable growth initiatives position it favorably in the competitive landscape. With a balanced approach to risk management and growth opportunities, Public Bank demonstrates a strong potential for continued success and value creation in the foreseeable future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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