RHB Bank's Three-Year Strategy Looks Ambitious But Achievable -- Market Talk

Dow Jones

Mar 10, 2025

0728 GMT - RHB Bank's newly unveiled three-year strategy seems ambitious but achievable, given its strong performance in 2024, MIDF Research analyst Imran Yassin Yusof says in a note. The lender targets ROE of over 12% by 2027, a cost-to-income ratio below 44.8% and a gross impaired loans ratio under 1.3%, he notes. However, achieving 7% domestic loan growth and 10% fee-based income growth may be challenging, depending on market conditions, he reckons. Any slowdown in domestic growth could pressure loan expansion, while weak financial markets may impact wealth management growth, he adds. MIDF maintains a buy rating on RHB and keeps its target price at MYR7.40. Shares are 0.3% higher at MYR6.90. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

March 10, 2025 03:28 ET (07:28 GMT)

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The lender targets ROE of over 12% by 2027, a cost-to-income ratio below 44.8% and a gross impaired loans ratio under 1.3%, he notes. However, achieving 7% domestic loan growth and 10% fee-based income growth may be challenging, depending on market conditions, he reckons. Any slowdown in domestic growth could pressure loan expansion, while weak financial markets may impact wealth management growth, he adds. MIDF maintains a buy rating on RHB and keeps its target price at MYR7.40. Shares are 0.3% higher at MYR6.90. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 10, 2025 03:28 ET (07:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RHB Bank's Three-Year Strategy Looks Ambitious But Achievable -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRHB Bank's Three-Year Strategy Looks Ambitious But Achievable -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-10 15:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0728 GMT - RHB Bank's newly unveiled three-year strategy seems ambitious but achievable, given its strong performance in 2024, MIDF Research analyst Imran Yassin Yusof says in a note. The lender targets ROE of over 12% by 2027, a cost-to-income ratio below 44.8% and a gross impaired loans ratio under 1.3%, he notes. However, achieving 7% domestic loan growth and 10% fee-based income growth may be challenging, depending on market conditions, he reckons. Any slowdown in domestic growth could pressure loan expansion, while weak financial markets may impact wealth management growth, he adds. MIDF maintains a buy rating on RHB and keeps its target price at MYR7.40. Shares are 0.3% higher at MYR6.90. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 10, 2025 03:28 ET (07:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4516","symbol_name":"特朗普概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518296959","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518296959","pubTimestamp":1741591680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0728 GMT - RHB Bank's newly unveiled three-year strategy seems ambitious but achievable, given its strong performance in 2024, MIDF Research analyst Imran Yassin Yusof says in a note. The lender targets ROE of over 12% by 2027, a cost-to-income ratio below 44.8% and a gross impaired loans ratio under 1.3%, he notes. However, achieving 7% domestic loan growth and 10% fee-based income growth may be challenging, depending on market conditions, he reckons. Any slowdown in domestic growth could pressure loan expansion, while weak financial markets may impact wealth management growth, he adds. MIDF maintains a buy rating on RHB and keeps its target price at MYR7.40. Shares are 0.3% higher at MYR6.90. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4516":"特朗普概念","BK4585":"ETF&股票定投概念","BK4023":"应用软件","BK4600":"加密货币概念","BK4595":"比特币概念","BK4596":"哈里斯概念","STRK":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD","BK4588":"碎股"},"translate_title":"兴业银行的三年战略看起来雄心勃勃但可以实现——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STRK":0.6},"content_text":"0728 GMT - RHB Bank's newly unveiled three-year strategy seems ambitious but achievable, given its strong performance in 2024, MIDF Research analyst Imran Yassin Yusof says in a note. The lender targets ROE of over 12% by 2027, a cost-to-income ratio below 44.8% and a gross impaired loans ratio under 1.3%, he notes. However, achieving 7% domestic loan growth and 10% fee-based income growth may be challenging, depending on market conditions, he reckons. Any slowdown in domestic growth could pressure loan expansion, while weak financial markets may impact wealth management growth, he adds. MIDF maintains a buy rating on RHB and keeps its target price at MYR7.40. Shares are 0.3% higher at MYR6.90. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 10, 2025 03:28 ET (07:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}