- RHB Bank’s fourth-quarter net income increased to 834.5 million ringgit.
- This marks a 42% rise in net income compared to the same period last year at 585.9 million ringgit.
- The bank generated a revenue of 4.58 billion ringgit in the fourth quarter.
- There was a 4.2% year-over-year increase in revenue.
- Current market assessments show 10 buy recommendations for RHB Bank.
- There are 8 hold recommendations and no sell recommendations for the bank.
RHB Bank Bhd on Smartkarma
Smartkarma, a platform for independent investment research, features analyst coverage of RHB Bank Bhd by Victor Galliano. In his recent report titled “Malaysian Banks Screen; RHB Bank Upgraded to a Buy, Alongside Existing Buy on CIMB,” Galliano expresses bullish sentiment towards RHB Bank. He highlights RHB Bank as the top pick in Malaysian banks due to its value attributes and strong turnaround potential. While CIMB is also viewed favorably for its quality, RHB stands out for its improved returns and stand-out value compared to its peers.
Galliano’s analysis emphasizes RHB Bank’s real turnaround potential and the concentration of delinquency challenges in small overseas portfolios. Despite CIMB being considered a buy with positive credit quality indicators and operational efficiency gains, RHB Bank is deemed the more compelling investment option given its valuation and growth prospects. Investors can find detailed insights on RHB Bank and CIMB in Galliano’s research report on Smartkarma.
A look at RHB Bank Bhd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
According to Smartkarma’s Smart Scores, RHB Bank Bhd is showing a positive long-term outlook. With a high Dividend score of 5, investors can expect good returns in terms of dividends. The Growth score of 4 indicates potential for growth in the company, while a Momentum score of 5 suggests strong upward momentum in the stock price. However, RHB Bank Bhd‘s Value score of 3 and Resilience score of 2 may pose some challenges in terms of valuation and resilience to market fluctuations.
RHB Bank Bhd, a provider of banking services, encompasses commercial and consumer banking as well as corporate and investment banking. Additionally, the company offers a range of financial products such as savings accounts, foreign currency accounts, insurance, and investment planning. With a solid Dividend score of 5 and a promising Growth score of 4, RHB Bank Bhd appears well-positioned for long-term success despite facing some valuation and resilience concerns based on its Smart Scores.
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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