Share Price: RM5.44 | Target Price: RM5.70 | Rating: NEUTRAL
FY2025E: NPAT: RM2,001m | EPS: RM0.61 | DPS: RM0.30
FY2025E: NPAT: RM2,001m | EPS: RM0.61 | DPS: RM0.30
AMBANK 4Q25 Results Update (RHBIB)
AMMB’s FY25 results were in line, and marked a strong start to the group’s
Winning Together 5-year strategy. Management also remarked that its exposure to US-heavy trade clients is small, easing earlier concerns we had on the group. However, our NEUTRAL call is maintained, in line with our large-cap-focused, defensive-first sector strategy.
Report Date 27/5/25
Research House: RHB Investment Bank (RHBIB)
Analyst: Nabil Thoo, David Chong
Key Forecasts:
FY2025: Net Profit: RM2,001m | EPS: RM0.61 | DPS: RM0.30 FY2026: Net Profit: RM1,959m | EPS: RM0.59 | DPS: RM0.31
Target Price reduced from RM5.44 to RM5.70. EPS Forecast for FY2025 were slightly reduced while FY2026 EPS and DPS tweaked upwards.
Research House: RHB Investment Bank (RHBIB)
Analyst: Nabil Thoo, David Chong
Key Forecasts:
FY2025: Net Profit: RM2,001m | EPS: RM0.61 | DPS: RM0.30 FY2026: Net Profit: RM1,959m | EPS: RM0.59 | DPS: RM0.31
Target Price reduced from RM5.44 to RM5.70. EPS Forecast for FY2025 were slightly reduced while FY2026 EPS and DPS tweaked upwards.