PUBLIC BANK BHD

KLSE (MYR): PBBANK (1295)

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Last Price

4.48

Today's Change

0.00 (0.00%)

Day's Change

4.46 - 4.50

Trading Volume

11,139,400

Overview

Market Cap

86,960 Million

NOSH

19,411 Million

Avg Volume (4 weeks)

14,487,855

4 Weeks Range

4.34 - 4.52

4 Weeks Price Volatility (%)

77.78%

52 Weeks Range

3.78 - 4.52

52 Weeks Price Volatility (%)

94.59%

Previous Close

4.48

Open

4.48

Bid

4.48 x 519,800

Ask

4.49 x 39,700

Day's Range

4.46 - 4.50

Trading Volume

11,139,400

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2023 [#3] | 29-Nov-2023

Next QR | Est. Ann. Date

31-Dec-2023 | 27-Feb-2024

T4Q P/E | EY

12.89 | 7.76%

T4Q DY | Payout %

3.13% | 40.27%

T4Q NAPS | P/NAPS

2.74 | 1.63

T4Q NP Margin | ROE

27.19% | 12.68%

Market Buzz
Company Profile

Sector: FINANCIAL SERVICES

Sector: FINANCIAL SERVICES

Subsector: BANKING

Subsector: BANKING

Description:

Public Bank Bhd is a Malaysian banking group that provides a range of financial products and services, including personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sale and management of unit trust funds, bancassurance, and general insurance products. In additional to its mostly Malaysian operational presence, the bank is exposed to other Southeast Asian nations through some of its branches. Its strategy emphasizes organic growth in the retail banking business, particularly retail consumers and small and medium-size enterprises. The vast majority of its earning assets are in loans, advances, and financing.

Discussions
18 people like this. Showing 50 of 14,745 comments

BlackDiamond

It’s moving but at the rate of a snail or tortoise😁😁😁 It should be called the Snail and ST Bhd Banking!😂😂😂😂😂😂

2 weeks ago

BlackDiamond

Sorry Snail and Tortoise Bank

2 weeks ago

Shines

Haha Patience Bank Bhd

2 weeks ago

BlackDiamond

3.37! Down down go Snail and Tortoise Bank to 3.00! Than it will be pushed back to 4.20! Be Careful!

2 weeks ago

Dehcomic01

If you are looking for performance among the Bursa banks, then of course you would chose PBB as it had the better ROE trends. You can see from the chart that Affin has the worse ROE trend.

https://www.youtube.com/watch?v=4W7Lnw_hT0w

But if you are looking to make money, shouldn’t the focus be on companies trading at a discount to its value with some catalyst? The asset value or book value of banks is a good indication of their business value as most of the assets are marked to market prices. So PBV can give a picture of whether a bank is over or underpriced.
In this context, PBB has a PBV greater than 1 whereas Affin is trading below its book value. Affin has been in the news lately about the Sarawak Stateg government planning to increase its stake in the bank. This can be catalyst for re-rating if the purchase goes through.

https://i.postimg.cc/L5VcCMRP/PBB-vs-Affin.png
On the other hand, PBB no longer has its founder Chairman. Will its historical performance that is probably due to its corporate culture be sustained? More importantly, where is the catalyst for re-rating?

2 weeks ago

Felix888999

Wishing everyone Happy New Year! May the CNY bring you joy and prosperity!

Huat aaaaaaaaah!

2 weeks ago

thye82

Rubbish bank... rubbish performance...

1 week ago

stkoay

https://theedgemalaysia.com/node/700727

KUALA LUMPUR (Feb 13): Banking and financial services stocks were among the top gainers in early morning trade on Tuesday, with several stocks climbing to a new record high, marking a bullish start to the Lunar New Year of the Dragon.

The Bursa Malaysia Financial Services Index was up 175.65 points or 1.04%, reaching its nearly five-year high of 17,056 points — the last time it breached the 17,000 mark was in March 2019.

1 week ago

1288Go

Ooh,
BlackDiamond and Thye82...
Looks very slow since Founder passed away..
I not getting into this one

1 week ago

BlackFish

If you want to invest PBB, you must study the differences btw PBB and MBB and/or CIMB.

PBB core business are Deposit Taking and Loan business. PBB does have corporate banking division and Investment Bank division but that's not thier target. For other income section, they focus on Unit trust business and bancassurance.

PBB's target groups are individuals and SMEs.

Another difference is PBB DOESN'T have Singapore, Thailand and Indonesia market.

For management, PBB still one of the best team compare to other local established bank. Most of them are retirees from BNM. PBB's always has Lowest NPL, CIR and High ROE.

1 week ago

BlackDiamond

We understand your point of view Mr Fish! But you must understand that the investors want results and good returns just the other banks around and this is not happening currently. We don’t care which ever way you run your business. The problem is they are in a comfort zone and are not interested in expanding their services like venturing internationally. As you said they are probably retirees fr other organisations and are probably senile, with no initiative on mind. Very soon they will be left further behind. GERIATRIC BANKING SERVICES.😭😭😭

1 week ago

BlackDiamond

Gone are their glorious days when they were so highly rated!😩😩😩

1 week ago

Balian de Ibelin

Unless something drastic is done, its downhill all the way.

Likely to be swallowed up by CIMB

1 week ago

skc761103

blackdiamond , i am glad that you finally stand in the right investment path with no bias.

1 week ago

skc761103

public bank is a good bank, but not a good investment at this moment

1 week ago

BlackFish

Mr Diamond.
Banking industries is a highly regulated sector. They can't expand without permission from MOF, BNM and related authorities.

Recently they are expanding in Vietnam and Cambodia.

Those old folks don't have nice slogan like T18 / Forward 23+ but Revenue and profit keep increasing.

For FY 2023, PBB's Net Profit will break new record.

Numbers told everything. They are old, slow but never stop moving forward.

1 week ago

BlackDiamond

BlackFish is it 2024 or 2023!😂😂😂

1 week ago

thye82

As the 2nd biggest bank...definitely the most worst performance bank...

1 week ago

1288Go

Again now PBB has 19.5 billion shares. Very diluted....
Price adjustment with the huge number of shares...
If you keep all bonus shares and previous shares, you get same amount of dividends on the number of shares you have.
It will be uphill for PBB to climb higher

1 week ago

Matccom

Thx for information sharing

@BlackFish

If you want to invest PBB, you must study the differences btw PBB and MBB and/or CIMB.

PBB core business are Deposit Taking and Loan business. PBB does have corporate banking division and Investment Bank division but that's not thier target. For other income section, they focus on Unit trust business and bancassurance.

PBB's target groups are individuals and SMEs.

Another difference is PBB DOESN'T have Singapore, Thailand and Indonesia market.

For management, PBB still one of the best team compare to other local established bank. Most of them are retirees from BNM. PBB's always has Lowest NPL, CIR and High ROE.

11 hours ago

BlackFish

Mr Diamond.
Banking industries is a highly regulated sector. They can't expand without permission from MOF, BNM and related authorities.

Recently they are expanding in Vietnam and Cambodia.

Those old folks don't have nice slogan like T18 / Forward 23+ but Revenue and profit keep increasing.

For FY 2023, PBB's Net Profit will break new record.

Numbers told everything. They are old, slow but never stop moving forward.


5 hours ago

Balian de Ibelin

Unless something drastic is done, its downhill all the way.

Likely to be swallowed up by CIMB

8 hours ago

1 week ago

BlackDiamond

All said and done, PBB still has a potential so don’t give it up completely. Now let’s see our old man team working out on its dividend coming up soon. If they fail their investors this time than I’m sure they’ll be in a big MESS.😭😭😭✌️

1 week ago

BlackDiamond

PBB is the 2nd largest bank in Malaysia, after Maybank. We must ask them why isn’t their dividend coinciding with its position? Why are other lesser performing banks are giving a better payout? Don’t tell because they are senile?😄😄😄😄😄😂😂😂

1 week ago

1288Go

Since bonus issue making it 19.5 bn shares, the perception of this bank has gone downhill..
Anyway, hopefully pbb management may have something on its sleeves. Don't bet on this too much !!
They may be conserving capital

1 week ago

BlackDiamond

If this is how they think than they have to pay for it! Nobody should take investors for granted!

1 week ago

Hachi Hachi

Healthy stock to keep. Going to 4.5 before result released.

1 week ago

James_Bond

Finally my long term holding of public bank moving north to 4.40! Hurray! Cheers!

1 week ago

thye82

Ambank will overtake pbb soon... definitely most rubbish bank...

1 week ago

speakup

not the right way to compare bro. ambank mkt cap 15Bil vs pbbank mkt cap 86Bil

1 week ago

speakup

example: 1 malaysia ringgit = 32 japan yen
the way u comparing is like saying Malaysia more developed than Japan cos RM1 = 32 Yen

1 week ago

KylieTan

Have to look into PBB's intrinsic value, thye82...

6 days ago

BlackDiamond

Don’t be surprised if PBB ends up giving a handsome dividend proving their critics wrong and retaining its past glorious position.✌️✌️✌️

6 days ago

BlackFish

PUBLIC BANK BERHAD ("PBB" OR "COMPANY") - PROPOSED ACQUISITION OF THE ENTIRE CHARTER CAPITAL OF RHB SECURITIES VIETNAM COMPANY LIMITED ("RHBSVN" OR "TARGET COMPANY"), REPRESENTING 100% EQUITY INTEREST IN RHBSVN BY PUBLIC BANK VIETNAM LIMITED ("PBVN" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF PBB FOR A CASH CONSIDERATION OF VND374.00 BILLION ("PROPOSED ACQUISITION")

6 days ago

alenac

If big funds are riding PBB price then go along with them why complain? With so many shares issued, only big funds can absorb and keep prices stable.
BlackDiamond

Have you all studied the game yet! Big funds are selling at 4.42 and than pushing it down to 3.00 and buying it back and pushing it back to 4.42 and repeating it! Beware buyers! Don’t get cheated! With the way things are moving l don’t expect a good bonus. 😭😭😭😭😭

5 days ago

BlackDiamond

Okay Agreed! Let’s hope PBB gains back its PAST GLORY! We want the best for this company! Let us pray together.👍👍👍

5 days ago

BlackDiamond

Also a fat and handsome dividend is coming soon! It will touch 5.00 very very soon!!

5 days ago

togogayguy

blackdiamond pls just stfu

5 days ago

BlackDiamond

togogayguy! Welcome back Mr GAY! I have been missing you very much! Ha Ha Ha! 🙈🙈🙈🙈🙈

5 days ago

alenac


Indo-China securities trading business expansion. Also, there are a sizeable group of Malaysian businesses in China where they are likely to connect with PBB.
“As such, the proposed acquisition presents an opportunity for PBVN to expand its financial services offerings in Vietnam with the inclusion of securities trading services.

“Upon completion of the proposed acquisition, PBVN intends to leverage on its existing client base to grow the securities trading business,” it said.

The bank noted that the proposed acquisition is also expected to further strengthen the presence of the group in Vietnam as well as provide synergy to its Indo-China operations.

“PBB Group has an existing securities trading arm in Cambodia, namely Campu Securities Plc, which is a wholly-owned subsidiary of Cambodian Public Bank Plc, which in turn is a wholly-owned subsidiary of PBB.
https://www.freemalaysiatoday.com/category/business/2024/02/19/public-banks-unit-acquires-rhb-securities-vietnam-for-rm72-6mil/

5 days ago

BlackDiamond

Let us celebrate GAY, our PBB has touched 4.80!👌👌👌

5 days ago

Hachi Hachi

4.50 reached but will go up further before result announcement date:27.F

4 days ago

Hachi Hachi

4.70 not surprising.

4 days ago

BlackDiamond

Hi Genius Hachi, how did you get this information about 27 Feb! At this rate it should be touching 5.00 very soon. Buy, keep collecting! No Mistake!👍👍👍👌👌👌

4 days ago

KylieTan

PBB's QR confirmed will be announced on 27th?

3 days ago

BlackDiamond

For those interested better buy now before the price increases after the announcement of the dividend. It was 3.9 three weeks back and now it’s 4.51. At this rate seeing 5.00 will be no problem but there may be a little adjustment after the payout of the dividend. Rush and don’t miss this opportunity. Good Luck!🟢✔️

3 days ago

Steven Chan

PBB will rocket pass 5.00 soon

2 days ago

Suriyan

Hachi any news about EPF dividend ?

2 days ago

stkoay

All banks steady pun pi pi waiting for QR report.....so nice, unlike the one which kena dumped kaw kaw, dropped 2.41%, before QR is out :)

2 days ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

2014 - 2023 (10 years)

Its revenues, PBT and EPS grew consistently consistently but at a very slow rate.

PBTMs were maintained around 34.4%. Its PBT in 2022 and 2023 grew faster due to higher PBT margins in these years.

ROEs averaged 14.3% over the last 10 years. The 10 year trend showed a downward slope and its latest ROE in 2023 was 12.2%.

Its DPO ratio was 47.9%.

It retained RM 1.53 per share of its earnings (for maintainance or for future growth) and it increased its EPS by 10.59 sen over the 10 years, giving a return on retained earnings RORE of 6.9%.

Its share price in 2013 was RM 3.44 per share and in 2022 was RM 4.15, a positive change of RM 0.71 per share.

Quoting Warren Buffett, for every $1 retained by the company, this should be reflected in its share price. In the case for PBBank, it retained RM 1.53 over the 10 years and its share price had risen RM 0.71 per share.

For those who bought this share in 2013 at RM 3.44 per share, they would have gained RM 0.71 per share in capital appreciation and received total dividends of RM 1.28: a 58% gain over 10 years ( approximately CAGR of 4.68%).

Retaining about 52.1% of its earnings and having a ROE of 12.2% are still very encouraging for the owners of this stock.

At P/BV of 1.6, it is priced at a premium to most banking stocks. With its ROE trending downwards, we can expect its P/BV to remain at present level or to decline further but slightly.

😀

8 hours ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥


Market Capital (RM) 86.960b
Number of Share 19.411b
Revenue (TTM) 24.930B
Net Profit (TTM) 6.748B
Net Margin (TTM) 27.1%
EPS (TTM) 34.76
P/E Ratio 12.89
ROE 12.68%
P/B Ratio 1.63
NTA 2.741

5y CAGR - Revenue 0.5%
5y CAGR - Profit 2.3%
Dividend (cent) 17.000 ^
Dividend Yield 3.79%

8 hours ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

ht tps://myinvestingnotes.blogspot.com/2024/02/pbb-at-glance.html

8 hours ago

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