Share Price: RM5.65 | Target Price: RM6.70 | Rating: Buy
From its recent Briefing Meeting, overall tone from AMBANK management was relatively positive. FY25Q4 net profit should remain resilient on stable NIM and moderating costs. AMBANKs long-term dividend guidance is now based on a higher payout percentage implying dividend upside if earnings hold up.
AMBANK 27/3/25 Research Update
Research House: RHB Investment Bank (RHBIB)
Analyst: Nabil Thoo, David Chong
FY2025 Forecast: Net Profit: RM1,981m | EPS: RM0.60 | DPS: RM0.27