RHB BANK BERHAD

KLSE (MYR): RHBBANK (1066)

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Last Price

5.43

Today's Change

-0.07 (1.27%)

Day's Change

5.43 - 5.51

Trading Volume

12,899,500


2 people like this.

3,063 comment(s). Last comment by Shines 3 days ago

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Hopefully after state election, PNB and epf will pump up Rhb and maybank

Posted by prudentinvestor > 1 month ago | Report Abuse

PNB and EPF do not need to pump up RHB Bank and Maybank. They would spike by themselves should PH+BN still win more than 2/3 majority in the three states that were under PH control prior to the dissolution of the state assemblies.

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

5.98 52wks high..
Let's break it..

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Maybe many company uses margin to buy Rhb like ANALABS example will help to spark the interest in banking stock

Posted by prudentinvestor > 1 month ago | Report Abuse

CIMB Bank's share price looks set to catch up with or even surpass RHB Bank's share price. At one stage several months ago, RHB Bank was 50 sen higher. While CIMB has staged a strong recovery from its recent lows by shooting up over 80 sen, RHB Bank has only gone up by less than 40 sen.

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Rhb always slow and steady.. No big surprise but giving out good dividend..
CIMB is much garang, in fact up a lot

Posted by prudentinvestor > 1 month ago | Report Abuse

CIMB's dividend yield is around 5%, RHB is over 7%. If you are investing for dividend, then you should buy RHB Bank.

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

That why I choose Rhb for stable income..
Not even worry single day for any sudden crash...
Even drop like 7c today is normal range..
It will get back in few days.. So 7% yearly almost guarantee

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

Everybody up, you down
Everybody down, you up..
You are gem or weird gem!!

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

15c dividend mari cepat

Posted by prudentinvestor > 1 month ago | Report Abuse

With improved earnings (already earned almost 18 sen a share in the first quarter), RHB Bank should be able to pay better dividend this year.

Posted by prudentinvestor > 1 month ago | Report Abuse

Investors should know the quantum of interim dividend to be paid in less than two weeks, just be patient. RHB Bank won't disappoint you.

Posted by Value Investor Coo1eo > 1 month ago | Report Abuse

Salesman for RHB stock here.

Posted by prudentinvestor > 1 month ago | Report Abuse

Those who had heeded the salesman's calls to buy RHB Bank when it dipped to RM5.30 recently should be thankful.

Posted by Robert Waters > 1 month ago | Report Abuse

I had an investment account there. Service was poor. Charges high.
May be still ok as investment ...

KClow

927 posts

Posted by KClow > 1 month ago | Report Abuse

Rhbbank good for yield and security. Other than that dont hope..
U capital gain buy elsewhere ..osk uptrend

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

If not charge you so high, how Rhb can pay me 15c dividend!!

pang72

49,865 posts

Posted by pang72 > 1 month ago | Report Abuse

QR marginally higher..
15c dividend...

Good job Rhb..

TreeTopView

1,344 posts

Posted by TreeTopView > 1 month ago | Report Abuse

Marginally higher??? What are you talking about you muppet!

Highest ever Revenue, highest ever Profit.

Up 26.4% year on year.
Up 6.2% quarter on quarter.

Yeah....up marginally...lol.....clown.

Great result.

Posted by observatory > 1 month ago | Report Abuse

The headline shows record quarterly revenue and profit.

However, look closer at the income statement. Group operating profit before allowances for 2Q was RM936m (declined 10.9% YoY from RM1,051m a year ago). On 6M basis, it was RM1,987m (declined 4.1% from RM2,073m a year ago)

The record profit was helped by two key factors.
1. Write back of management overlay on credit losses. 2Q writeback is RM132m, versus a charge of RM39m a year ago. On 6M basis, it was positive RM85m versus negative RM192m a year ago
2. The absence of prosperity tax. On 6M basis, tax and zakat was only RM496m (versus RM668m a year ago), or effective tax rate of 24% (versus 36% a year ago)

These two factors are one time.

Posted by Kicapmanis > 1 month ago | Report Abuse

No more DRIP?

gladiator

607 posts

Posted by gladiator > 1 month ago | Report Abuse

Got dividend 15c or not? No bursa announcement??

dam82

2,096 posts

Posted by dam82 > 1 month ago | Report Abuse

RHB's 2Q net profit rises 28% to RM809 mil, declares 15 sen dividend

https://theedgemalaysia.com/node/680560

getingreal

404 posts

Posted by getingreal > 1 month ago | Report Abuse

Although RHB have publicly announced the Div, as usual they want second bite of the announcement by not giving a date till later, thus no Div announcements on Bersa till they give a date.

Posted by prudentinvestor > 1 month ago | Report Abuse

Good results but still can't go up. Investors are demanding a PE of 5 and a dividend yield of 10.

jooortp

22 posts

Posted by jooortp > 1 month ago | Report Abuse

Patient patient undervalued bank stock

Posted by prudentinvestor > 1 month ago | Report Abuse

I am in for the long haul irrespective of what happens.

Posted by observatory > 1 month ago | Report Abuse

Several analysts have turned cautious towards RHB. They've cut FY23-25 earning forecasts by 9-10% (HLIB), by 10-11% (CIMB), by 5% to 7% (MIDF). As a result, their TPs have been cut back - RM6 from RM6.6 (HLIB), RM6.56 from RM7.62 (CIMB), RM6.66 from RM7.58 (MIDF)

The reasons cited by HLIB -- NIM compressed, loans growth lost traction, and GIL ratio nudged up. LLC has gone down to 83%.

CIMB mentioned RHB Bank missed (albeit marginally) all of its FY23F KPIs:
1. ROE of at least 11% (achieved 10.6%)
2. Loan growth of 4-5% (achieved 1.9% in 1H23)
3. CASA of 30% (achieved 27.6%)
4. GIL of 1.5% or lower (1.64% as at end-Jun 23)
5. Cost-to-income ratio of 44.6% or below (achieved 47.5%)

But CIMB did mention that a higher dividend payout (given its strong CET1 ratio of 17.1%) could be a re-rating catalyst.

speakup

23,015 posts

Posted by speakup > 4 weeks ago | Report Abuse

https://themalaysianreserve.com/2023/08/30/rhb-alliance-counter-downgraded-to-sell/
Wow AHIB dare to tell ppl sell RHB! Kasi bantai!

Posted by prudentinvestor > 4 weeks ago | Report Abuse

They expect RHB Bank to trade at a PE of 5 and a dividend yield of 15.

pang72

49,865 posts

Posted by pang72 > 4 weeks ago | Report Abuse

We continues to get our dividend then reinvest back with IB downgrade..
Eventually the dividend yield can go as low as 15%...

I AGREED

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Now PE is less than 9 and dividend yield is around 7%. APA PELABUR MAHU LAGI?

moven00

625 posts

Posted by moven00 > 3 weeks ago | Report Abuse

Pelabur suka dengar cerita dongeng IB that usually bullshit

Posted by observatory > 3 weeks ago | Report Abuse

If you buy RHB because of its dividends, you should be contented because RHB still maintains its dividend. You've achieved your objective.

But if you buy RHB because you expect its dividend yield will help attract more investors, thereby pushing up share price so that you may exit with a handsome capital gain, well, it has not worked out that way, not yet. Such an expectation means you depend on the market to come to your view. However currently the market doesn't just look at dividends, but also factors like growth, asset quality and others.

moven00

625 posts

Posted by moven00 > 3 weeks ago | Report Abuse

Beli dan simpan Diam-Diam lo. Ini RHB character simpan dividend. Like now don’t buy lo. When very negative/ full of pessimism we buy if prices keep dropping. Price no drop, we no action lo.

Posted by NatsukoMishima > 3 weeks ago | Report Abuse

Digital bank coming , all the tradisional bank profits will drop significantly ! Good luck to all shareholder ! I will prefer digital bank higher deposit rate !

Hemsley

267 posts

Posted by Hemsley > 3 weeks ago | Report Abuse

Hello, RHBBank is 1 of the 5 digital bank licenses winner la.

Posted by observatory > 3 weeks ago | Report Abuse

Digital bank asset: capped at RM3b
RHB asset: >RM300b
Maybank, about RM1 trillion
Another nonsense, as usual

speakup

23,015 posts

Posted by speakup > 2 weeks ago | Report Abuse


Mediocre Banking Sector Results: NIM And NOII Centre Of Discussion
By
Editor -
September 10, 2023

The banking sector saw a mediocre season with earnings entirely within expectations, this is despite some surprises in tailwinds and headwinds. NIM compression this time was a lot heavier than previously guided for (recall that banks were guiding for “stable-to-minor” compression in 1Q23). NOII improvement was expected, being guided for as a core earnings driver (which came true, but it was unevenly distributed).

MIDF analysts give their guidance for the sector and it’s more skewed towards the negative, largely due to the slower-than-expected NIM recovery and potential asset quality irritation. Nearly all banks revised their NIM guidance downward.

However, on a more positive note, future quarters may see possible positive revisions to NCC guidance (they were initially too conservative). Earnings: Relatively stable, NIM and NOII are central focus. Aggregate Core Net Profit (Core NP) up by +0.6%qoq. It was a good quarter for topline – despite NIM compression, NII largely remained stable to slightly negative while NOII did mostly see solid improvement, mostly on the side of treasury income (though in some cases disappointed).

Provisioning did pick up from last quarter’s softer activity, with a few banks amping up on credit costs for a poorer macroeconomic outlook and asset quality irritation. There was a minor issue of slightly elevated tax rates in the quarter, due to higher provisioning and investment-related gains that are less tax deductible.

As for the balance sheet, growth was poor but expected to pick up. Weaker corporate loan growth offered downside pressure. Retail contributions – particularly solid mortgage and hire purchase growth – were bolstered by strong unsecured loan offerings. Unfortunately, this was not enough to offset weaker growth coming from the non-retail side – though the industry has guided for a much healthier post-election pipeline in 2H, maintaining their far-from-target loan growth forecasts. Deposit growth was more mixed, but liquidity remains ample.

CASA attrition on the other hand took a light breather as pricier FDs matured without renewal but should resume in subsequent quarters. Different banks took different approaches to managing NIM optimisation, hence reporting varying quarterly deposit growth figures.

Increasing impairment pressure within certain brackets, but heavy write-offs keep GILs manageable. Asset
quality pressure mainly came from the residential mortgages and SMEs linked to RA loans, though there was some
irritation already coming from riskier overseas and unsecured segments. Few banks have guided that GIL ratio is close to
peaking (or has already peaked). While LLC values have come down, some banks are looking at chunkier recoveries in the
coming quarters to keep this manageable while refraining from making larger allocations.

Among the banks, Maybank saw an unexpected, massive non-fee income gain within the quarter, CIMB displayed
exceptional performances in almost all aspects, especially loan growth. But Affin saw an abnormally sharp sequential drop in NIMs, which dragged earnings. RHB brought in decent quarterly earnings, but this was largely driven by overlay writebacks – while everything else was lacklustre.

From a pure valuation perspective, BIMB remains the most attractive while Affin is the least. Moving forward, the house is neutral for 2H outlook and doubts that ROE outlook is going to be that much better than 1H. Loan growth outlook is positive – banks are very optimistic about 2H’s non-retail pipeline. NIM outlook is more neutral – i.e. most banks are guiding stable to positive movement, though MIDF is cautious of year-end deposit competition.

On the other hand, more banks are opting for full-cash dividends. BNM doesn’t seem likely to exercise any additional leniency in capital ratio levels soon. Regardless, several banks have already guided for higher dividend payouts and halting DRP programmes – signalling that they are happy with current CET1 levels.

Posted by Kicapmanis > 2 weeks ago | Report Abuse

Rhb never announced exdate?

jooortp

22 posts

Posted by jooortp > 2 weeks ago | Report Abuse

Any idea which day ex-dividend

Posted by jacksonkhs888 > 2 weeks ago | Report Abuse

Thanks for the dividend RHB. You are my pillar of support through many thick and thin moments. Never let me down (:

speakup

23,015 posts

Posted by speakup > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/682578
what did RHB do?

BudiLee

3 posts

Posted by BudiLee > 2 weeks ago | Report Abuse

Their target price is RM6.10

Posted by prudentinvestor > 1 week ago | Report Abuse

RHB Bank's share price has hardly moved over the past few months, unlike Maybank and CIMB.

Shines

2,469 posts

Posted by Shines > 1 week ago | Report Abuse

Always towards closing, some throwing, is it the work of shorties

Posted by prudentinvestor > 1 week ago | Report Abuse

People sell, we buy. Dividend yield is above 7% and PE is around 8.5. Nothing venture nothing gain.

linges

2,606 posts

Posted by linges > 1 week ago | Report Abuse

for some reasons institutions do not prefer RHB even though low PE & high DY.
Kita enjoy generous dividend selagi ade..😎

Posted by prudentinvestor > 1 week ago | Report Abuse

These days I only dare to invest in high dividend paying counters like Maybank and RHB Bank. Would pick up some CIMB bank shares as well later.

Shines

2,469 posts

Posted by Shines > 3 days ago | Report Abuse

Tomorrow x15 sen, after x you say up or down, haha just guess

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