- RHB Bank’s net income for the third quarter is 904.0 million ringgit, showing an increase of 8.5% compared to the previous year’s third-quarter net income of 833.2 million ringgit.
- The revenue for RHB Bank in the third quarter is 4.52 billion ringgit, which is a slight increase of 0.3% year over year.
- The investment sentiment for RHB Bank is positive, with 14 analysts recommending a buy, 3 recommending a hold, and none advising to sell.
RHB Bank Bhd on Smartkarma
Analyst coverage of RHB Bank Bhd on Smartkarma reveals insights from Victor Galliano, who emphasizes RHB Bank as the top choice in Malaysian banks due to its strong fundamentals and potential for improved returns. In contrast, CIMB has been downgraded to a hold position. With a focus on premium returns and benchmark status, PB Bank emerges as a promising player to watch in the industry.
Victor Galliano‘s research underscores RHB Bank’s solid fundamental value and improving cost of risk trend, solidifying its position as the preferred pick among Malaysian banks. The analysis also highlights the less compelling valuations of CIMB compared to RHB Bank, indicating room for improvement in credit quality and returns. Meanwhile, PB Bank stands out for its sustained premium returns and esteemed position as a benchmark in terms of ROE, credit quality, and efficiency ratio within the peer group.
A look at RHB Bank Bhd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Based on the Smartkarma Smart Scores analysis, RHB Bank Bhd is showing positive signs for long-term growth and stability. With a strong score in dividends and momentum, the company is positioned well to provide consistent returns to its investors over time. Additionally, a solid score in growth indicates that RHB Bank Bhd has the potential to expand its operations and increase its market share in the future. While the scores for value and resilience are not the highest, the overall outlook for the company remains optimistic.
RHB Bank Bhd, known for providing a wide range of banking services including commercial, consumer, and investment banking, as well as savings accounts and insurance products, is positioned as a reliable financial institution with a strong focus on dividends and growth. Investors looking for a company with a solid dividend track record and strong growth prospects may find RHB Bank Bhd to be an attractive long-term investment option in the banking sector.
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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