Share Price: RM10.70 |Target Price: RM11.35 | Rating: Buy
Maybank posted 4Q24 earnings of RM2.5bn (flat QoQ, +6% YoY), bringing FY24 sum to RM10.1bn (+8% YoY). This was within expectations, making up 100-102% of HLIB’s and consensus full-year estimates.
MAYBANK Results Update for Q4 Ending 31/12/24
Research House: Hong Leong Investment Bank (AHIB)
Analyst: Chan Jit Hoong
FY2025 Forecast: Net Profit: RM10,387m | EPS: RM0.862 | DPS: RM0.629