Share Price: RM5.73 | Target Price: RM6.30 | Rating: Buy
AMBANK’S core net profit of RM487m in q3 FY25 (-3% QoQ, brings 9MFY25 total to RM1.5bn (+53% YoY). This was slightly above HLIB’s estimates, due to lower-than-expected loan loss provision.
AMBANK Results Update for Q4 Ending 31/3/24
Research House: Hong Leong Bank Investment Bank (HLIB)
Analyst: Chan Jit Hoong
FY2025 Forecast: Net Profit: RM1,979m | EPS: RM0.597 | DPS: RM0.270